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    Morgan Stanley Next Level Fund logo

    Morgan Stanley Next Level Fund

    New York, New York, United StatesFounded 2021
    www.morganstanley.com/im/en-us/individual-investor/about-us/people-and-teams/investment-teams/morgan-stanley-next-level.html
    FintechHealthcareMedia & EntertainmentConsumerEnterprise Software

    Morgan Stanley Next Level Fund is a venture capital fund within Morgan Stanley Investment Management's Inclusive Ventures Group, investing in early-stage technology and technology-enabled companies founded by women and multicultural entrepreneurs. The fund was launched in 2021 in partnership with Hearst, Microsoft, and Walmart, and targets sectors including fintech, healthcare, media/entertainment, consumer, and enterprise software.

    40% of their portfolio is in Data & Analytics. Their most common stage is seed (40% of deals). Average disclosed round size is $19.5M (across 10 rounds with reported amounts).

    Find people at Morgan Stanley Next Level Fund on Goldilocks AI

    Portfolio

    7

    Fund Size

    $50M

    Top Stage

    Seed

    Last 12 Mo

    1

    Team

    NM

    Nicole Mar

    Associate

    KK

    Kange Kaneene

    Early Stage Venture Capital Investor

    MD

    Melissa Daniels

    Member of the Investment Committee

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    10 investments
    CompanyRoundAmountDate
    Nopalera logoNopaleraSeed$4MMar 2026
    NvisionX logoNvisionXSeed$4.6MJan 2025
    TomoCredit logoTomoCreditGrowth$122MJul 2022
    NVISIONx logoNVISIONxSeed$4.6MJan 2022
    NvisionX logoNvisionXSeed$4.6MJan 2022
    TomoCredit logoTomoCreditSeries B$22MJan 2022
    PowerToFly logoPowerToFlyBridge$6.5MJun 2015
    Ooak9Unknown$8M—
    Cohesion logoCohesionSeries A$15M—
    Nopalera logoNopaleraSeries A$4M—

    Top Co-Investors

    Companyon Ventures3 shared
    Gaingels3 shared
    Gutbrain Ventures3 shared
    CreativeCo Capital3 shared
    SixThirty Ventures3 shared
    PBJ Capital3 shared
    Mastercard2 shared
    Hyphen Capital2 shared
    Portfolia2 shared
    Siddhi Capital2 shared
    L'ATTITUDE Ventures2 shared
    Morgan Stanley Expansion Capital2 shared
    HPA2 shared
    Silicon Valley Bank1 shared
    Gold House Ventures1 shared
    Alma Angels1 shared
    Sixty8 Capital1 shared
    Crosslink Capital1 shared
    Hearst Ventures1 shared
    Cisco Investments1 shared

    Last updated: 20 October 2026