# Next47: portfolio, investments and team > Next47 is a vc firm based in United States. 5 investments on record, latest Jul 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/next47 (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Next47 Last cheque observed Jul 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Seed Series A Series B Smart Manufacturing Supply-chain SaaS Follow Next47 and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnext47) Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **483** days **00** hrs **00** min **00** sec Median round **$30M** Cheque size, as they say **$2.0M – $40M** Rounds led **2 of 5** Mostly in **United States, 100%** Pitch Next47 ## Next47 highlights - 01 5 rounds on record - 02 Mostly Series A and Series C: 80% of its rounds - 03 Led 2 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $2.0M – $40M as they say - **Stages:** Seed Series A Series B Growth - **Sectors:** Smart Manufacturing Supply-chain SaaS - **Based in:** Palo Alto, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2025** 4 rounds - **Jul** **[Nominal](https://millionrounds.com/company/nominal)** Series A · US · AlleyWatch **$20M** *Led* - **Mar** **[BuildOps](https://millionrounds.com/company/buildops)** Series C · US · TechCrunch **$127M** With 10 others - **Feb** **[Skylo](https://millionrounds.com/company/skylo)** Growth · US · TechStartups **$30M** With 9 others - **Feb** **[Patlytics](https://millionrounds.com/company/patlytics)** Series A · US · TechCrunch **$14M** *Led* - **2024** 1 round - **Dec** **[Tractian](https://millionrounds.com/company/tractian)** Series C · US · Crunchbase News **$120M** With 5 others 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 team We hold **32** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## The cheque Seed Series A Series B Median round joined **$30M** the round, not its cheque Led 2 of 5 rounds **40%** - **Said size:** $2.0M – $40M - **Sole investor:** Never alone - **Last cheque:** Jul 2025 Rounds by stage said on their site - Series A said *2* - Series C *2* - Growth said *1* - Seed said *-* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) 3 - [NGP Capital](https://millionrounds.com/fund/ngp-capital) 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. Add to your CRM *→* ## 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. [**Liquid 2 Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/liquid-2-ventures)[**NGP Capital** VC firm **2** rounds together](https://millionrounds.com/fund/ngp-capital) ## Recently backed The latest companies Next47 put money into. [**BuildOps** $127M · Mar 2025](https://millionrounds.com/company/buildops)[**Skylo** $30M · Feb 2025](https://millionrounds.com/company/skylo)[**Patlytics** $14M · Feb 2025](https://millionrounds.com/company/patlytics)[**Tractian** $120M · Dec 2024](https://millionrounds.com/company/tractian) ## Quick answers about Next47 ### What does Next47 invest in? Next47 invests most often at Series A and Series C (80% of the rounds on record), in sectors such as Smart Manufacturing, Supply-chain and SaaS. ### How active is Next47? 5 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Jul 2025. ### What has Next47 invested in recently? Its most recent investments on record: Nominal (Series A, Jul 2025), BuildOps (Series C, Mar 2025) and Skylo (Growth, Feb 2025). ### How big are Next47's cheques? The median round it joins is $30M. It says it writes cheques of $2.0M to $40M. ### Does Next47 lead rounds? Yes: it led 2 of its 5 investments on record (40%). ### Where does Next47 invest? Most of the companies it backs are in the United States (100%). ### Is Next47 investing now? No investments in the last 12 months; the latest was in Jul 2025. ### Who does Next47 invest alongside? Most often Liquid 2 Ventures (3 rounds together) and NGP Capital (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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