Next Play Ventures

Next Play Ventures is an early-stage venture capital firm based in Menlo Park, California, co-founded and led by former LinkedIn CEO Jeff Weiner and Brian Rumao. The firm distinguishes itself by partnering with and coaching entrepreneurial leaders who are building world-class, purpose-driven companies. Their investment thesis centers on supporting ventures that not only aim for significant market impact but also align with a broader societal mission, often focusing on the evolving landscape of work and human potential.

Launched in 2021, Next Play Ventures debuted with its inaugural fund, Fund I, capitalized at $100 million. This capital is strategically deployed into early-stage companies, primarily at the Seed and Series A stages. The firm typically writes first checks ranging from $500,000 to $5 million, reflecting their commitment to providing foundational capital to promising startups. Their portfolio spans various high-growth sectors, including artificial intelligence, SaaS, fintech, and consumer technologies, with a consistent emphasis on innovation that shapes the future of work.

The firm's value proposition extends beyond capital, leveraging the extensive operational and leadership experience of its founders. Jeff Weiner's background as CEO of LinkedIn provides portfolio companies with unparalleled insights into scaling technology platforms, talent development, and building robust professional networks. Brian Rumao complements this with his expertise in venture capital and strategic growth. Together, they aim to provide hands-on mentorship and strategic guidance, helping founders navigate the complexities of building and scaling transformative businesses.

Next Play Ventures seeks to be more than just a financial backer, positioning itself as a strategic partner deeply invested in the long-term success and mission alignment of its portfolio companies. Their approach emphasizes a collaborative relationship, offering not only financial resources but also a deep well of industry knowledge and a powerful network to accelerate growth and achieve their purpose-driven objectives.