# Next47: portfolio, investments and team

> Next47 is a vc firm based in Germany. 16 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/next47-2 (Millionrounds; every figure on the page links to its filing or article)

Germany · [Investor](https://millionrounds.com/investors)

# Next47

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

VC firm Quiet

Series B Series D Series A

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 16 on record

Since the last cheque **2583** days **00** hrs **00** min **00** sec

Median round **$29M** Rounds led **3 of 16** Mostly in **United States, 88%**

Pitch Next47

Another investor of this name exists, and we could not establish from the rounds which of them the press meant. Treat the record below as possibly belonging to either. [Tell us which](https://millionrounds.com/corrections?slug=next47-2) if you know.

## Next47 highlights

- 01 16 rounds on record
- 02 Mostly Series B and Series D: 73% of its rounds
- 03 Led 3 rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Germany
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **16 appearances**

- **2019** 11 rounds
- **Oct** **[Citrine Informatics](https://millionrounds.com/company/citrine-informatics)** Series B · US · FinSMEs **$20M** With 3 others
- **Sept** **[Built Robotics](https://millionrounds.com/company/built-robotics)** Series B · US · FinSMEs **$33M** *Led*
- **Jul** **[15Five](https://millionrounds.com/company/15five)** Series B · US · FinSMEs **$30M** *Led*
- **Jun** **[Yellowbrick Data](https://millionrounds.com/company/yellowbrick-data)** Series C · US · FinSMEs **$81M** With 7 others
- **May** **Logz.io** Series D · IL · FinSMEs **$52M** With 5 others
- **Apr** **[Verkada](https://millionrounds.com/company/verkada)** Series B · US · Forbes **$40M** With 2 others
- **Apr** **Bizzabo** Series D · US · FinSMEs **$27M** *Led*
- **Apr** **[Software](https://millionrounds.com/company/software)** US · FinSMEs **$7.0M** With 1 other
- **Mar** **[Avidbots](https://millionrounds.com/company/avidbots)** Series B · US · FinSMEs **$24M** With 7 others
- **Mar** **[MarkForged](https://millionrounds.com/company/markforged)** Series D · US · FinSMEs **$82M** With 4 others
- **Mar** **[ubitricity](https://millionrounds.com/company/ubitricity)** Series C · DE · EU-Startups **$23M** With 2 others
- **2018** 4 rounds
- **Nov** **[Turvo](https://millionrounds.com/company/turvo)** Series B · US · FinSMEs **$60M** With 8 others
- **Jul** **[Seeq](https://millionrounds.com/company/seeq)** Series B · US · FinSMEs **$23M** With 2 others
- **Jun** **Claroty** Series B · US · FinSMEs **$60M** With 7 others
- **Jan** **[Seurat](https://millionrounds.com/company/seurat)** Series A · US · FinSMEs **$14M** With 3 others
- **2017** 1 round
- **Oct** **[Veo Robotics](https://millionrounds.com/company/veo-robotics)** Series A · US · FinSMEs **$12M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Series B Series D Series A

Median round joined **$29M** the round, not its cheque

Led 3 of 16 rounds **19%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2019

Rounds by stage said on their site

- Series B *8*
- Series D *3*
- Series A *2*
- Series C *2*

Cheques by year Led Joined

2017 2019

Often in the room with

- [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) 2
- [Porsche SE](https://millionrounds.com/fund/porsche-se) 2

**Pitching Next47?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Next47. A count of rooms they were both in, not a relationship either has claimed.

[**Innovation Endeavors** VC firm **2** rounds together](https://millionrounds.com/fund/innovation-endeavors)[**Porsche SE** Investment firm **2** rounds together](https://millionrounds.com/fund/porsche-se)

## Recently backed

The latest companies Next47 put money into.

[**Citrine Informatics** $20M · Oct 2019](https://millionrounds.com/company/citrine-informatics)[**Built Robotics** $33M · Sept 2019](https://millionrounds.com/company/built-robotics)[**15Five** $30M · Jul 2019](https://millionrounds.com/company/15five)[**Yellowbrick Data** $81M · Jun 2019](https://millionrounds.com/company/yellowbrick-data)[**Verkada** $40M · Apr 2019](https://millionrounds.com/company/verkada)[**MarkForged** $82M · Mar 2019](https://millionrounds.com/company/markforged)

## Quick answers about Next47

### What does Next47 invest in?

Next47 invests most often at Series B and Series D (73% of the rounds on record).

### How active is Next47?

16 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in Oct 2019.

### What has Next47 invested in recently?

Its most recent investments on record: Citrine Informatics (Series B, Oct 2019), Built Robotics (Series B, Sept 2019) and 15Five (Series B, Jul 2019).

### How big are Next47's cheques?

The median round it joins is $29M.

### Does Next47 lead rounds?

Yes: it led 3 of its 16 investments on record (19%).

### Where does Next47 invest?

Most of the companies it backs are in the United States (88%), Israel (6%) and Germany (6%).

### Is Next47 investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does Next47 invest alongside?

Most often Innovation Endeavors (2 rounds together) and Porsche SE (2 rounds together).

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