Next Level Ventures logo

Next Level Ventures

North America, Iowa, United States, Des Moines

Description

Next Level Ventures is a distinguished venture capital firm strategically located in Des Moines, Iowa, founded in 2013. The firm has established itself as a key player in the Midwest's burgeoning tech and innovation ecosystem, primarily focusing on early-stage companies. Their investment thesis is concentrated on three core sectors: Ag/Bio, B2B/Data, and FinTech, leveraging the region's strengths while also seeking opportunities nationally. This specialized focus allows them to provide deep industry insights and a tailored support system to their portfolio companies.

The firm is recognized for its hands-on approach, providing not just capital but also strategic guidance to promising entrepreneurs. Next Level Ventures typically participates in Series A rounds, often taking a lead or co-lead position. Their initial investment checks generally range from $500,000 to $3,000,000, demonstrating a commitment to significant early-stage funding. Furthermore, they maintain reserves for follow-on investments, ensuring continued support as their portfolio companies achieve key milestones and pursue subsequent growth rounds. This long-term perspective is crucial for fostering sustainable growth and maximizing returns.

Beyond financial backing, Next Level Ventures actively engages with its portfolio companies, offering access to a valuable network of industry veterans, strategic partners, and co-investors. They are dedicated to helping founders scale their operations, refine their business models, and navigate market challenges. With a robust portfolio comprising over 30 companies, Next Level Ventures has demonstrably contributed to the development of innovative solutions across its target sectors. Their commitment to fostering high-growth ventures underscores their role in driving economic development and technological advancement from the heartland of America.

Investor Profile

Next Level Ventures has backed more than 26 startups, with 1 new investments in the last 12 months alone. The firm has led 6 rounds, about 23% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Biotechnology, Health Care.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (35%)
  • Series A (31%)
  • Series Unknown (19%)
  • Series B (8%)
  • Debt Financing (4%)
  • Series C (4%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Biotechnology
  • Health Care
  • Saas
  • Artificial Intelligence (Ai)
  • Medical
  • Medical Device
  • Information Technology
  • Big Data
  • Fintech
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Next Level Ventures frequently co-invest with?

AV
North America, Iowa, United States, Mason City
Co-Investments: 3
Co-Investments: 2
ISA Ventures
North America, Iowa, United States, Cedar Rapids
Co-Investments: 10
GG
North America, Indiana, United States, Indianapolis
Co-Investments: 2
Ag Startup Engine
North America, Iowa, United States, Ames
Co-Investments: 3
Co-Investments: 4
M25
North America, Illinois, United States, Chicago
Co-Investments: 4
II
North America, Iowa, United States, Des Moines
Co-Investments: 2
Allos Ventures
North America, Indiana, United States, Carmel
Co-Investments: 2
MS
North America, Iowa, United States, Grimes
Co-Investments: 2

Which angels does Next Level Ventures often collaborate with?

RF
North America, Iowa, United States, Coralville
Shared Deals: 1
JT
North America, California, United States, San Francisco
Shared Deals: 1
CF
North America, California, United States, San Francisco
Shared Deals: 1
LG
North America, California, United States, San Francisco
Shared Deals: 1
AM
North America, California, United States, San Francisco
Shared Deals: 1
EC
North America, Minnesota, United States, Minneapolis
Shared Deals: 1
KL
North America, California, United States, San Francisco
Shared Deals: 1
CH
North America, Iowa, United States, Des Moines
Shared Deals: 1
LA
North America, California, United States, San Francisco
Shared Deals: 1
JA
North America, Utah, United States, Salt Lake City
Shared Deals: 1

What are some of recent deals done by Next Level Ventures?

Hummingbirds

Des Moines, Iowa, United States

We're a SaaS-enabled marketplace that helps brands find & work with local content creators and influencers.

SaaS
SeedOct 30, 2024
Amount Raised: $5,400,000
Hummingbirds

Des Moines, Iowa, United States

We're a SaaS-enabled marketplace that helps brands find & work with local content creators and influencers.

SaaS
SeedDec 5, 2023
Amount Raised: $3,300,000
iotaMotion

Iowa City, Iowa, United States

IotaMotion is a medical technology company developing robotics-assisted solutions for cochlear implant surgery.

BiotechnologyMedicalMedical DeviceRobotics
Series AJul 26, 2023
Amount Raised: $12,000,000
Hummingbirds

Des Moines, Iowa, United States

We're a SaaS-enabled marketplace that helps brands find & work with local content creators and influencers.

SaaS
SeedJan 10, 2023
Amount Raised: $1,000,000
Pitchly

Des Moines, Iowa, United States

Pitchly is a B2B SaaS data enablement platform for firms and businesses to automate document and content generation.

B2BEnterprise SoftwareSaaSSoftware
Series AOct 14, 2022
Amount Raised: $7,000,000
Tractor Zoom

West Des Moines, Iowa, United States

Marketplace, Vertical SaaS and FinTech

AgTechBig DataDatabase
Series AOct 3, 2022
Amount Raised: $5,000,000
Mazen Animal Health

St Louis, Missouri, United States

Mazen Animal Health focuses on developing, delivering, and commercializing novel biological vaccines and therapeutics.

BiotechnologyHealth CarePharmaceutical
Series AMay 5, 2022
Amount Raised: $11,273,320
OpenLoop

Des Moines, Iowa, United States

OpenLoop is an online hiring platform that matches physicians and other healthcare providers with hiring institutions within their region.

Health CareMedicalService IndustryStaffing Agency
Series AMar 15, 2022
Amount Raised: $8,000,000
Gross-Wen Technologies

Slater, Iowa, United States

Gross-Wen Technologies is a biotechnology company that specializes in the fields of water quality, wastewater, and water nitrogen.

BiotechnologyInformation TechnologyWaste ManagementWater
Series AAug 20, 2021
Amount Raised: $6,500,000
Dryland Genetics

Ames, Iowa, United States

Dryland Genetics specializes in developing solutions for sustainable food supply in a world with less water

AgricultureAgTechFarming
Series UnknownAug 5, 2021
Amount Raised: $3,800,000