About Next Round Capital
Next Round Capital is a venture capital firm founded in 2020. It is primarily based out of New York City, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Overall, Next Round Capital portfolio has seen 10 unicorns, 13 IPOs and 3 acquisitions including key companies like Robinhood, Slack and Circle. Next Round Capital has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Portfolio Acquisitions
Next Round Capital's List of Top Investments
Next Round Capital has a portfolio of 35 companies, including 10 unicorns. Their most notable investments include Robinhood and Slack.Their portfolio spans across United States, Australia and India. They have invested in Enterprise Applications, High Tech, Consumer and 19 other sectors. Here is the list of top investments by Next Round Capital:
1. Robinhood
Broker-based online trading and investment platform. It offers tools for building investment strategies and tracking market trends. It facilitates trading in stocks, funds, options, and crypto assets. Expert-managed portfolios are available, providing market insights and investment adjustments. The company also provides educational resources to improve investor knowledge.
Key facts about Robinhood
- Founded Year: 2013
- Location: Menlo Park (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $5.58B
- Employee Count: 4,964 as on Aug 31, 2026
- Investors: HTIF, ADS Ventures and 155 Others
- Latest Funding Round: Post IPO, May 13, 2022, $*****
- Highlight: Public
2. Slack
Developer of communication software for team collaboration and project management. This platform facilitates messaging, file sharing, and audio or video meetings. It integrates with various third-party applications to automate workflows and manage tasks. Users organize conversations into channels to coordinate projects and share information. The software includes tools for searching archives, managing user profiles, and implementing security protocols for data protection. Artificial intelligence features assist with summarizing content, drafting responses, and managing automated agents to streamline routine work processes.
Key facts about Slack
- Founded Year: 2009
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.22B
- Employee Count: 2,615 as on Aug 31, 2026
- Investors: ADS Ventures, Glynn Capital and 69 Others
- Latest Funding Round: Post IPO, Apr 16, 2020, $*****
- Highlight: Acquired
3. Circle
Cross-border payment solution for businesses focusing on cryptocurrency. It offers a payments API for payment processing, a payouts API for global payouts solutions, and more. The mobile application is available for Android users.
Key facts about Circle
- Founded Year: 2013
- Location: Boston (United States)
- Stage: Public
- Total Funding till date: $1.51B
- Employee Count: 1,533 as on Aug 31, 2026
- Investors: 2020 Ventures, K2 Global and 57 Others
- Latest Funding Round: Post IPO, Sep 22, 2026, $*****
- Highlight: Public
4. Lyft
Network facilitating on-demand transportation and ride scheduling services for individuals. It provides options for immediate rides, scheduled pickups, and various vehicle types. The network offers programs for business transportation needs. It also focuses on safety measures and community support initiatives.
Key facts about Lyft
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $5.02B
- Employee Count: 3,913 as on Dec 31, 2025
- Investors: HTIF, SeedFord Partners and 163 Others
- Latest Funding Round: Series I, Aug 06, 2018, $*****
- Highlight: Public
5. DraftKings
Platform providing online solutions for fantasy sports and sports betting. It is a leading online platform offering daily fantasy sports and sportsbook services including real money betting and fantasy sports contests. They operate a user friendly website and mobile app providing a range of sports and entertainment options for enthusiasts.
Key facts about DraftKings
- Founded Year: 2012
- Location: Boston (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $719M
- Employee Count: 5,691 as on May 31, 2026
- Investors: Atlas Venture, Schechter and 49 Others
- Latest Funding Round: Post IPO, Sep 02, 2020, $*****
- Highlight: Public
Unicorns in Next Round Capital's Portfolio
Next Round Capital has 10 unicorns in its portfolio - Uniphore, Consensys, dbt Labs and others. The most recent unicorn in their portfolio is Uniphore. It became a unicorn in 2022, 4 years before Next Round Capital first invested in it.Here is a list of unicorns in Next Round Capital's portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of a business artificial intelligence platform with agentic and model layers | 2008 | Palo Alto | Series F | ougnjgn | ||
80 | Developer of blockchain and web3 software platform | 2014 | Fort Worth | Series D | xwdsbsn | ||
71 | Provider of data transformation and preparation tools | 2016 | Philadelphia | Series D | spyximr | ||
70 | AI based conversational marketing solutions for ecommerce businesses | 2016 | New York | Series E | {baxiqs | ||
66 | Provider of AI based platform offering identity verification | 2012 | New York City | Series E | nckvpyz |
IPOs and Publicly Listed companies in Next Round Capital's Portfolio
13 of Next Round Capital's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Netskope got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $908M.Here are Next Round Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 8317 | |
Sep 18, 2025 | - | - | 7185 | |
Jun 05, 2025 | - | - | 4950 | |
Apr 25, 2024 | - | - | 5167 | |
Nov 18, 2021 | - | - | 4699 |
Acquired companies in Next Round Capital's Portfolio
3 companies from Next Round Capital's portfolio have been acquired. The most recent acquisition was Policygenius in Apr 2023 by Zinnia for $*****.Here are Next Round Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2023 | - | - | 6676 | |
Apr 05, 2023 | - | - | 7749 | |
Dec 01, 2020 | - | - | 3221 |
Team profile of Next Round Capital
Next Round Capital has a team of 5 members including 2 Partners and 1 Principal located in United States. Next Round Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Next Round Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Mateo | - | ||
Partner | Columbus | - | ||
Principal | United States | - |
Recent News related to Next Round Capital
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