At a Glance
NextGen Venture Partners was established in 2002 as a Chicago-based venture capital firm with a specialized focus on healthcare and technology convergence. With over two decades of experience, the firm has built a reputation for deep industry expertise and strategic partnerships that provide unique value to portfolio companies beyond traditional capital investment.
The firm's investment thesis centers on supporting innovative companies that can improve healthcare outcomes while creating significant market value. NextGen focuses primarily on digital health, biotechnology, and software-as-a-service companies, typically investing across seed through Series B+ stages. Their approach emphasizes the intersection of technology and healthcare, recognizing the massive opportunity for digital transformation in one of the world's largest industries.
NextGen's portfolio includes several high-profile successes that demonstrate their sector expertise. Notable investments include Tempus, a precision medicine company that leverages artificial intelligence to improve cancer care, and Apervita, which focuses on healthcare analytics and population health management. The firm also invested in Outcome Health, showcasing their ability to identify companies at the forefront of healthcare technology innovation.
“Investing in innovative healthcare and technology companies that can improve outcomes and create significant value.”
NextGen Venture Partners primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
NextGen Venture Partners is headquartered in Chicago, IL. Many of their portfolio companies are also based in this region, though they invest across geographies.
NextGen Venture Partners focuses on investments in Digital Health, Biotech, SaaS. Their portfolio reflects deep expertise and networks within these sectors.
NextGen Venture Partners's typical investment check size ranges from $1M to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
NextGen Venture Partners manages approximately $300M in assets under management (AUM) across their funds.
