NEXT Frontier Capital

NEXT Frontier Capital is a prominent venture capital firm headquartered in Bozeman, Montana, dedicated to fostering the growth of technology companies across the Rocky Mountain region. The firm's mission centers on partnering with mission-driven entrepreneurs to build businesses with national and global impact, primarily focusing on the burgeoning tech ecosystems in Montana, Colorado, Utah, Idaho, and Wyoming. Since its inception, NEXT Frontier Capital has established itself as a key player in bringing institutional capital and strategic support to early-stage ventures in this often-underserved geographic market.

The firm's investment strategy is concentrated on early-stage opportunities, specifically Seed and Series A rounds. NEXT Frontier Capital typically writes initial checks ranging from $2 million to $10 million, demonstrating a commitment to providing substantial early funding while reserving capital for follow-on investments as portfolio companies scale. Their approach emphasizes deep collaboration with founders, leveraging their operational expertise and extensive network to accelerate company development and market penetration.

Over the years, NEXT Frontier Capital has demonstrated significant growth in its investment capacity. The firm has successfully raised four distinct funds, culminating in a substantial total of $420 million in assets under management. This includes their most recent and largest vehicle, Fund IV, which closed at $200 million in 2023. This progressive increase in fund size reflects both the firm's expanding influence and the increasing maturity of the Rocky Mountain tech landscape, enabling them to support a broader array of innovative companies.