CLOSE ADS
CLOSE ADS

NextView Ventures closes its fourth fund with $89 million

 NextView Ventures, a Boston-based venture capital fund, has raised an $89.6 million fund, according to SEC filings. The firm’s fourth fund, its largest to date, is oversubscribed, with early documents indicating a $70 million goal. The NextView Ventures team did not immediately respond to request for comment.

NextView Ventures was launched in 2010 by Rob Go, a former partner at Spark Capital; Dave Beisel, who clocked time at Venrock and Masthead Venture Partners; and Lee Hower, a former investor at Point Judith Capital. Melody Koh joined as a partner three years ago, and most recently, the fund brought on former journalist Leah Fessler as an investor.

The fund, which has offices in New York as well as Boston, invests in consumer and software-as-a-service enterprise startups at the pre-seed and seed stage. Its portfolio includes Ellevest, an investing platform for women; Grove Collaborative, a sustainable goods subscription platform; and ThredUp, which has confidentially filed for IPO. In April, NextView launched a virtual accelerator for startups to build a more robust pipeline for deal flow. The firm invested $200,000 for an 8% equity stake in a number of pre-seed and seed startups focused on “the everyday economy.”

More Boston coverage

A hot Boston VC Summer

13 Boston investors reflect on COVID-19

Local accelerators provide a boon to area startups

Despite the pandemic, Boston’s startup scene has continued to attract record numbers in venture capital volume. In fact, according to PitchBook data, Boston-area startups raised more private capital during summer 2020 than they did in summer 2019, suggesting that the pandemic has been a boon to startups in aggregate.

More recently, my colleague Alex Wilhelm and I wrote about how the Boston area is growing its demographic footprint in venture capital. In Q3 2019, New England drove 9.3% of U.S. venture deals, and 10.3% of U.S. venture dollars. In Q3 2020, those numbers were 9.3% of U.S. venture deals, and 12.7% of U.S. venture dollars. The percentage change is notable, especially amid volatile times.

NextView’s new fund is yet another signal of the city’s ability to attract institutional investment. Its previous fund was raised in 2017 at a $50 million close.

Comments

Labels

Show more

Trending on Last 7 Days

YouTube channel [ name ideas for education ] : Best Creative and Unique 5000+ [ Educational YouTube channel ] name ideas and suggestion

YouTube channel [ name ideas for Facts ] : Best Creative and Unique 700+ [ Facts YouTube channel ] name ideas and suggestion

YouTube channel [ name ideas for motivational ] : Best Creative and Unique 600+ [ Motivational YouTube channel ] name ideas and suggestion

YouTube channel [ name suggestions for travel ] : Best 2200+ [ Cool and Unique YouTube channel name ideas for travel ]

क्लाइंट साइड और सर्वर साइड के बीच अंतर difference between client side & server side

लघु एवं कुटीर उद्योग, लघु उद्योग के बारे में जानकारी, घरेलू उद्योग, लघु उद्योग लिस्ट व्यवसाय लिस्ट,भारत में ग्रामीण क्षेत्रों के लिए छोटे व्यवसाय के विचारों,सबसे अच्छा व्यवसाय भारत में ग्रामीण क्षेत्रों के लिए व्यापार विचारों,भारत में निर्माण व्यवसाय विचारों,मोठा व्यवसाय ग्रामीण भारतातील प्रमुख व्यवसाय कोणता,ग्रामीण क्षेत्र में रोजगार के अवसर घर का बिजनेस,home business, बिजनेस आइडिया 2020 laghu udyog and kutir udyog in Hindi,small business in hindi

Best 50 + [ Future business ideas 2025-2050 ] in the world | [ Smart and Profitable Business Ideas ] for Upcoming Future

101+ Most [ Powerful Morning Affirmations ] for [ Self,love,Health,Life,Happiness,Success,Money,Confidence and Morning Quotes ] & Sayings with FAQ

B2B मार्केटिंग क्या है?बी 2 बी कंपनियों के उदाहरण,बी 2 बी मार्केटिंग के प्रकार ,बी 2 बी कंपनी क्या है? B2B(Business to Business) marketing,example,company,strategy kya hai ,How to Develop or create B2B in HIndi

How 29 year old founder Abhi Ramesh who Built a $1 Billion dollar Start-Up Called Misfits Market (Startup Motivation and Positive story, Learning)

Trending on Last 30 Days

YouTube channel [ name ideas for education ] : Best Creative and Unique 5000+ [ Educational YouTube channel ] name ideas and suggestion

YouTube channel [ name ideas for Facts ] : Best Creative and Unique 700+ [ Facts YouTube channel ] name ideas and suggestion

YouTube channel [ name ideas for motivational ] : Best Creative and Unique 600+ [ Motivational YouTube channel ] name ideas and suggestion

Best 50 + [ Future business ideas 2025-2050 ] in the world | [ Smart and Profitable Business Ideas ] for Upcoming Future

लघु एवं कुटीर उद्योग, लघु उद्योग के बारे में जानकारी, घरेलू उद्योग, लघु उद्योग लिस्ट व्यवसाय लिस्ट,भारत में ग्रामीण क्षेत्रों के लिए छोटे व्यवसाय के विचारों,सबसे अच्छा व्यवसाय भारत में ग्रामीण क्षेत्रों के लिए व्यापार विचारों,भारत में निर्माण व्यवसाय विचारों,मोठा व्यवसाय ग्रामीण भारतातील प्रमुख व्यवसाय कोणता,ग्रामीण क्षेत्र में रोजगार के अवसर घर का बिजनेस,home business, बिजनेस आइडिया 2020 laghu udyog and kutir udyog in Hindi,small business in hindi

YouTube channel [ name suggestions for travel ] : Best 2200+ [ Cool and Unique YouTube channel name ideas for travel ]

[प्रेगैबालिन] साइड इफेक्ट्स हिंदी में [ Pregabalin ] ke side effects in hindi

क्लाइंट साइड और सर्वर साइड के बीच अंतर difference between client side & server side

How 29 year old founder Abhi Ramesh who Built a $1 Billion dollar Start-Up Called Misfits Market (Startup Motivation and Positive story, Learning)

सकारात्मक सोच के लाभ,सकारात्मक सोच की शक्ति Benefits of Positive thinking in Hindi