Next Frontier Capital Announces $40m 1st Close of Fund III: the Fund III Target is $70m

NFC Announces 1st Close of Fund III: $40m, with a $70m Target
Next Frontier Capital is pleased to announce the successful initial close of Fund III with $40m in LP commitments; the Fund III target is $70m. The close builds on the success of our $21.125m Fund I (2015) and $37.775m Fund II (2017).  We are humbled and inspired by the support of our investors and by the vision and grit of the founders and employees that we work with.

Mission and Fund III Target
Next Frontier Capital’s mission is to partner with Rocky Mountain companies of impact, utility, and value and to fill the seed stage funding gap in our region.  In Fund III, we are focused on investment opportunities with the following characteristics:

• Rocky Mountains (UT, CO, MT, WY, ID)
• Raising $1-4m
• SaaS, Mobile, Analytics, AI/ML, Infrastructure, Deep Tech
• MRR>$10k

If you fit our profile, please email us via [email protected].

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