NextEquity Partners

NextEquity Partners is a prominent growth equity and venture capital firm based in Menlo Park, California, dedicated to investing in disruptive technology and new media sectors. The firm was founded by a distinguished team of industry veterans, including Fred Anderson, former Chief Financial Officer of Apple; Hank Barry, former CEO of Napster; and Adam Hopkins. This founding team brings a wealth of operational experience and strategic insight, which they actively leverage to support their portfolio companies. NextEquity's investment scope spans a diverse range of sub-sectors, including enterprise software, consumer internet, digital media, fintech, and healthcare IT, consistently seeking out innovative businesses with high growth potential.

The firm's primary investment focus is on growth-stage companies, where they provide substantial capital and strategic guidance to facilitate scaling operations, market expansion, and product development. While growth equity forms the core of their strategy, NextEquity Partners also selectively engages in early-stage venture investments, demonstrating a flexible and opportunistic approach to identifying promising opportunities across the startup lifecycle. Their investment philosophy is characterized by an active partnership model, where they work closely with management teams. This hands-on engagement aims to help companies navigate complex market dynamics, overcome operational challenges, and ultimately achieve significant long-term value creation.

NextEquity Partners has successfully raised multiple institutional funds, underscoring strong investor confidence in their strategy and team. Their most recent fund, NextEquity Partners III, successfully closed in 2021 with $250 million in commitments. This latest fund contributes to a total capital raised across all their funds of approximately $580 million, providing a robust financial foundation for their investment activities. The firm's impressive portfolio includes a roster of well-recognized companies such as Evernote, MasterClass, Rubrik, and Unity Technologies, reflecting their proven ability to identify and back leading innovators in highly competitive markets. To date, NextEquity Partners has made over 50 investments, with a notable track record of successful exits, solidifying their reputation as a significant player in the venture and growth equity landscape.