Next Frontier Capital is an early-stage venture capital firm that invests in Seed to Series A companies across sectors such as AI/data, climate, deep tech, B2B software, fintech, defense tech, and cybersecurity. Their strategy involves deploying initial investments of $2–5 million in companies primarily within the Rocky Mountain region (excluding California), while also providing active board involvement, mentorship, customer introductions, and strategic guidance to their portfolio founders.
Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Their most common stage is series-a (46% of deals). Average disclosed round size is $11.6M (across 13 rounds with reported amounts).
Portfolio
13
Fund Size
$250M
Top Stage
Series A
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Gravwell | Series A | $15.4M | Oct 2025 |
 GetWhys | Seed | $2.8M | Feb 2025 |
 Reveal Technology | Series A | $11.2M | Dec 2024 |
 King Energy | Series A | $10M | Oct 2024 |
 Bonusly | Series B | $18.9M | Feb 2023 |
| CClaravine | Series B | $16M | May 2022 |
 Dónde | Seed | $3.3M | Mar 2022 |
 Bandwango | Seed | $3.1M | Apr 2021 |
 Chargeback | Series A | $6.6M | Jun 2020 |
 Submittable | Series B | $10M | Jul 2019 |
 Blackmore Sensors and Analytics, Inc. | Series B | $18M | Mar 2018 |
 onX | Series A | $20.3M | Feb 2018 |
 mpathic | Series A | $15M | — |
Top Co-Investors
Last updated: 13 March 2026