Next Coast Ventures
Austin-based early-stage venture capital firm investing in technology companies in large markets, supported by thematic research, playbooks and a 150-strong leader network.
Next Coast Ventures is an early-stage venture capital firm based in Austin, Texas. It invests in emerging technology companies at what it describes as their critical make-or-break stage, partnering with entrepreneurs building businesses in large markets. The firm states its purpose as being "built for entrepreneurs, by entrepreneurs," and its partners bring direct operating experience to their work with founders.
The investment process is thematic: research is used to identify opportunities and to back founders the firm characterises as category winners. Beyond capital, the firm provides support across the practical difficulties of company building - sales, hiring, product development and finance - with portfolio founders working directly with partners on these areas.
Three further forms of support are offered. Company-Building Playbooks cover subjects including product-market fit, recruiting and succession planning, with the stated aim of shortening the learning curve of building a company. A Leader Network gives founders access to more than 150 current and former company leaders. Operating Partner Support provides hands-on assistance from partners with operating backgrounds.
Next Coast Ventures operates from Austin and focuses on the venture capital and early-stage segments, targeting emerging companies in large markets.