Company Research Report: Next47
Company Overview
- Name: Next47
- Mission: Partnering with founders boldly building products that power the world.
- Founded By: No information is available.
- Key People:
- Adam Bry
- Abraham Bachrach
- Matt Donahoe
- Tracy Young
- Ralph Gootee
- Jamie Davidson
- Patrick Vatterott
- Lak Ananth (Global Managing Partner)
- Matthew Cowan (General Partner)
- T.J. Rylander (General Partner)
- Moshe Zilberstein (General Partner)
- Jonathan Barek (Chief Operating Officer)
- Gaurav Kotak (Partner)
- William Smith (Venture Partner)
- Assaf Jacobi (Venture Partner)
- Vivian Cheng (Partner)
- Colton Dempsey (Partner)
- Jenny Graetzel (Partner, Seed Funds)
- Kate Reznykova (Partner)
- Jason Sydow (Partner)
- Gert Wrigge (Partner)
- Aviel Ichai (Senior Associate)
- Srinidhi Rao (Senior Associate)
- Gautham Pasupathy (Associate)
- Headquarters: Silicon Valley
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Leading investments in early and expansion-stage companies with a focus on Systems, Infrastructure, and Applications.
Products and Services
- Products/Services Offered: Next47 is a global venture capital firm that specializes in providing domain expertise, resources, and a network to help founders build category-leading businesses in the Systems, Infrastructure, and Applications sectors.
Recent Developments
Investments
1. Harmonic Security:
- Investment: Next47 led a $17.5M Series A financing.
- Innovation: Uses AI to stop data leaks by enabling generative AI applications that safeguard sensitive data, moving beyond traditional data loss prevention (DLP) methods.
- Founders: Alastair Paterson and Bryan Woolgar-O’Neil.
- Unique Capability: Context-aware solutions to protect diverse data types using modern language models.
2. Encord:
- Investment: Series B financing of $30M led by Next47.
- Innovation: Automating AI data development, revolutionizing the AI landscape.
3. Skylo:
- Investment: Led by Next47 to unlock next-generation communications via device-to-satellite tech.
4. Radiant Security:
- Investment: Next47 led Radiant Security’s Series A to enhance security operations through AI innovation.
Strategic Insights and Thought Leadership
- AI in Education:
- Toddle: An AI-powered SaaS platform transforming education by automating teaching tasks and personalizing learning for K-12 students.
- Discussion: Interview with Deepanshu Arora on leveraging AI for classroom engagement and personalizing student learning paths.
- Fundraising and Marketing:
- Insights by Matthew Cowan and Vanessa Camozzi: The emerging distinction between performance and brand marketing for startups, crucial for cost-effective growth without overextending resources.
Partnerships and Global Reach
- Customer Relationships: Over 250+ relationships across 15 countries, supporting founders on a global scale.
- Long-term Partnerships: Examples include working with Verkada from its early days and helping it grow into a successful venture.
- Global Footprint: Investments and operations spanning the US, Europe, and Israel, with offices in Silicon Valley to support enterprise founders worldwide.
Conclusion
Next47 stands as a significant player in venture capital dedicated to enterprise growth, leveraging a strong global network and domain expertise to foster innovation in systems, infrastructure, and applications. Its recent investments highlight a keen focus on AI-driven solutions, particularly in data security and education, positioning it strongly in today's technologically driven market landscape.
