Organization · Venture Capital
Next47
Next47 is a global venture capital firm based in San Francisco, California, focusing on early to growth-stage investments in technology companies across sectors like mobility, energy, and manufacturing.
Overview
What Next47 does
What Next47 is
Next47 is a global venture capital firm based in San Francisco, California, focusing on early to growth-stage investments in technology companies across sectors like mobility, energy, and manufacturing.
How it participates in the startup ecosystem
The current public profile supports funder and event host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2016
- Approximate age
- About 10 years
- Structured capabilities
- Funder · Event host
- Last reviewed
- March 16, 2026
Official channels
Find Next47 elsewhere
Open the official website or a supported primary organization account.
Capability profile
Next47 as a funder
Investment thesis
Next47 focuses on investing in early-stage technology companies with a product-first approach, leveraging its Siemens backing for strategic access to industrial markets.
Focus narrative
Next47 invests primarily in early-stage technology companies, particularly in the sectors of applications, infrastructure, and systems. The firm emphasizes a product-first approach and typically partners with companies at the Series A and Series B stages, focusing on those that demonstrate compelling product offerings.
Value beyond capital
Next47 adds value to its portfolio companies by providing access to Siemens' extensive customer network, distribution channels, and domain expertise in industrial markets. This strategic partnership enhances growth opportunities and market penetration for the companies in its portfolio.
Terms and economics
- Typical check
- $2,000,000–$40,000,000
Focus and fit
- Stages
- Series A · Series B
- Sectors
- SaaS & Cloud SoftwareIndustrial & ManufacturingEnergyLogistics & Supply ChainReal Estate & Property Tech
- Regions
- EuropeNorth America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 6
Portfolio context
Next47's notable portfolio companies include: BuildOps: An AI-powered platform streamlining commercial contracting processes, partnered in 2021. Encord: A data development platform for computer vision and multimodal AI teams, partnered in 2024. Skydio: Specializes in autonomous flight technology with AI-powered drones, partnered in 2019. Tractian: Uses AI to predict equipment failures, enhancing maintenance strategies, partnered in 2022. VAST Data: Developing an AI Operating System for data management, partnered in 2020. Verkada: Provides a cloud-based physical security platform utilizing AI, partnered in 2018.
Capability profile
Next47 as an event host
Event focus
Next47 is a venture capital firm that invests in early-stage technology companies, focusing on those with compelling product offerings. The firm emphasizes a product-first approach to investment.
Participant value
Next47 partners with companies at various stages, primarily Series A and Series B, to help them grow and succeed in their respective markets.
Format and cadence
- Startups can present
- No
Availability
- Registration state
- Not currently accepting
Audience and fit
- Stages
- Series A · Series B
- Audience
- Founders · Investors
- Regions
- North America
Common questions
What to know about Next47
Upseed classifies Next47 under the Venture Capital organization type. Its current public profile includes funder and event host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 16, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.