NextEquity

NextEquity Partners makes mid-late stage private investments in consumer and enterprise technology companies with $10-50M+ revenue. Founded in 2015, NextEquity is led by senior executives from Apple (former Apple Chief Software Officer Avie Tevanian and former Apple CFO Fred Anderson) and private equity execs from Elevation Partners (Adam Hopkins, Rami Reyes) who have been investing together for over 10 years in leading companies such as Facebook, Yelp, MarketShare, Sonos, Airbnb, The RealReal, Masterclass, Ring, Venafi, and SentinelOne. The team brings a unique combination of Apple DNA, Silicon Valley relationships, and private equity discipline to mid-late stage tech investing.

Fred Anderson Jr.

MD

Adam Hopkins

MD

Ted Meisel

Senior Advisor

Rami Reyes

MD

Avie Tevanian

MD

31 past transactions

Hatch

Series B in 2020
Hatch Baby offers a suite of smart sleep products to help humans of all ages and stages develop and maintain natural healthy sleep habits. Designed by experts and loved by parents, its original Rest Family includes Rest and Rest+, all-in-one sleep products designed for babies and kids that can be controlled remotely.

Business Talent Group

Series B in 2016
Business Talent Group mission is to bring together the world's top companies and independent professionals to enhance business performance and improve people's lives. Since 2007 we've provided leading companies, private equity firms and major non-profits with project-based solutions that are more effective and less expensive than traditional consulting. We deliver an on-demand model to help organizations get the skills they need at lower cost. We deploy consultants, project managers and executives in whatever combination the situation requires. And we do it fast. It's a new way to work, and BTG is leading the charge.

Kore.ai

Series D in 2024
Kore.ai, Inc. develops artificial intelligence based chatbot solutions for enterprises. The company provides smart bot, chat bots that use neuro-linguistic programming (NLP) and artificial intelligence (AI) to respond in a chat. It serves to banking, sales, commerce, IT help desk, and services industries. Kore.ai, Inc. was formerly known as Kore, Inc. The company was incorporated in 2011 and is based in Orlando, Florida.

Cumulus Networks

Series D in 2018
Founded by veteran networking engineers from Cisco and VMware, Cumulus Networks has developed the first true, full-featured Linux operating system for networking hardware. Just as Linux transformed the economics and accelerated the pace of innovation on the server side of the data center, Cumulus Linux is doing the same for the network side. We are radically reducing the cost and complexity of operating modern data center networks and enabling the true promise of the software defined data center.

Venafi

Series G in 2018
Criminals want to gain trusted status and go undetected. This makes keys and certificates a prime target, which are blindly trusted by most of today’s Global 5000 enterprises. Criminals steal and compromise keys and certificates that are not properly protected, and use them to circumvent security controls—to hide in encrypted traffic, deploy malware, and steal data. these uniquely identify webservers, software, mobile devices, apps, admins, and even airplanes This has become the attack of choice. Current security controls are being undermined. Compromised SSL/TLS, SSH and mobile certificates and keys undermine data loss prevention, next-gen firewalls, strong authentication, sandboxing and other security systems. Attackers 1) mask their true identity using keys and certificates and 2) hide their actions by encrypting data which means you can’t look inside for threats. Protecting keys and certificates eliminates both of these blind spots and makes all security systems stronger. Venafi finds all keys and certificates and puts them under surveillance to detect anomalies, and learns and adapts as it works. Venafi identifies what keys and certificates are trusted and those that need to be replaced. It keeps keys and certificates secured to your policy and replaces them automatically. From stopping certificate-based outages to enabling SSL inspection, Venafi creates an ever-evolving, intelligent response that protects your network, your business, and your brand.

SnapLogic

Series E in 2015
Connects big data, cloud, and on-prem applications

Medsphere Systems

Venture Round in 2018
Medsphere Systems Corporation provides open source software for the healthcare industry. It offers OpenVista, a portfolio of products and professional services for hospitals, clinics, and integrated delivery networks. The company's OpenVista includes OpenVista Enterprise, an electronic health record solution that offers patient and health information management system, clinical information system, laboratory, pharmacy, radiology, nutrition and food service, and interface suite modules. In addition, the company offers implementation, training, support, and development services. Medsphere Systems Corporation was founded in 2002 and is headquartered in Carlsbad, California.

SnapLogic

Series F in 2016
Connects big data, cloud, and on-prem applications

Majority of Team Dignitas Ltd. and APEX GG

Merger/Acquisition in 2016
Majority of Team Dignitas Ltd. and APEX GG represents the combined operations of Team Dignitas Ltd. and APEX GG in their sale to Philadelphia 76ers, Inc. and NextEquity. Majority of Team Dignitas Ltd. and APEX GG was acquired by Philadelphia 76ers, Inc. and NextEquity. Team Dignitas Ltd. and APEX GG comprises two e-sports teams. Team Dignitas Ltd. is based in the United Kingdom. APEX GG is based in the United States.

Dignitas

Venture Round in 2016
Dignitas is an international esports team with one of the most iconic and recognizable brands in the professional gaming industry that fields teams in many of esports' largest and most popular games. Dignitas' innovative and authentic brand position offers a premier opportunity for partners seeking a direct portal into the gaming and esports market. Previously branded as Team Dignitas, the organization was originally formed in September 2003 with the merger of two Battlefield 1942 teams.

Sentinel Labs, Inc.

Private Placement in 2019
Sentinel Labs, Inc., doing business as SentinelOne, provides endpoint security solutions. It offers SentinelOne Endpoint Detection & Response that stops advanced threats and provides real-time forensics across multiple platforms; and SentinelOne Endpoint Protection Platform, an endpoint security solution that combines prevention, detection, mitigation, remediation, and forensic capabilities for Windows, OS X, and Android devices. The company also provides SentinelOne Ranger that gives machines the ability to detect and protect other machines enabling them to become environmentally aware and fend off attacks from one another without human intervention; and SentinelOne Vigilance, a solution that augments security and IT teams in accelerating the detection, prioritization, and response to advanced cyber threats and reducing the risk of missing critical alerts. In addition, it offers professional services, including forensic consultation and malware analysis; and support services. The company has a strategic partnership with Exclusive Networks and Exabeam; and a strategic alliance with Nuspire, LLC. Sentinel Labs, Inc. was founded in 2013 and is based in Mountain View, California with additional offices in Eugene, Oregon; and Boston, Massachusetts.

Bishop Fox

Series B in 2022
Bishop Fox is the largest private professional services firm focused on offensive security testing. Since 2005, the firm has provided security consulting services to the world's leading organizations — working with over 25% of the Fortune 100 — to help secure their products, applications, networks, and cloud with penetration testing and security assessments. The company is headquartered in Phoenix, AZ and has offices in Atlanta, GA; San Francisco, CA; New York, NY; and Barcelona, Spain.

The RealReal

Series E in 2016
The RealReal, Inc. operates an online marketplace for consigned luxury goods. It offers various resale product categories, including women’s, men’s, kids’, jewelry, and watches, as well as home and art products. The company was founded in 2011 and is headquartered in San Francisco, California.

Yanka Industries Inc.

Private Placement in 2020
Yanka Industries Inc., doing business as MasterClass, provides online video education solutions that include video content, class workbooks, interactive assignments, and community activities. Its service provides lessons from various people as they share their stories, skills, shortcuts, failures, and successes. The company offers classes in the areas of writing, culinary arts, film and TV, lifestyle, sports and gaming, design, photography, fashion, business, politics, society, music and entertainment, science and technology, and other topics. The company provides its services through its website, mobile, and related applications. Yanka Industries Inc. was founded in 2012 and is based in San Francisco, California.

Bridg

Series B in 2017
Bridg.com provides marketing automation solutions for local businesses. It offers customer engagement solutions that enable users to capture and nurture customers, engage existing customers, and control reputation, as well as acquisition of campaigns and promotions. The company also provides services for marketing campaigns, including publishing posts and offers on various social networks, and monitoring the competitors to guide campaigns; and toolbox that enables users to gather customer information. Bridg.com is based in Los Angeles, California.

MasterClass

Series F in 2021
Founded in 2015, MasterClass is the platform that makes it possible for anyone to learn from the best. With MasterClass, step into Anna Wintour’s office, Timbaland’s recording studio, and Neil Gaiman’s writing retreat. Improve your serve with Serena Williams, perfect your pitch with Shonda Rhimes, and leave the atmosphere with Chris Hadfield. Hundreds of video lessons from 85+ of today’s most brilliant minds are available anytime, anywhere with the All-Access Pass ($180 per year). Subscribe to greatness with MasterClass.

SentinelOne

Series D in 2019
SentinelOne is shaping the future of endpoint security with a uniquely integrated platform that combines behavioral-based detection, advanced mitigation, and forensics to stop threats in real-time. Specializing in attacks that utilize sophisticated evasion techniques, SentinelOne is the only vendor who offers complete protection against malware, exploit and insider-based attacks. This led Gartner to recognize SentinelOne as a Visionary in their recent Endpoint Protection Magic Quadrant. SentinelOne is also the only next-generation endpoint protection company to be independently certified as a true antivirus replacement for Windows, OS X, and Linux, including certification for both HIPAA and PCI. SentinelOne was formed by an elite team of cybersecurity and defense experts from IBM, Intel, Check Point Software Technologies, Cylance, McAfee, and Palo Alto Networks.

CircleCI

Series F in 2021
CircleCI’s continuous integration and delivery platform helps software teams rapidly release code with confidence by automating the build, test, and deploy process. CircleCI offers a modern software development platform that lets teams ramp quickly, scale easily, and build confidently every day. Velocity is critical for software teams in today's competitive landscape, but maintaining speed can be difficult as apps and systems grow larger and more complex. CircleCI’s platform allows developers to rapidly release code (for web and mobile apps) they trust by automating the build, test, and deploy process. CircleCI enables developers to detect and fix bugs before they even reach customers. Thousands of leading companies including Facebook, Kickstarter, Shyp, and Spotify rely on CircleCI to accelerate delivery of their code and enable developers to focus on creating business value fast. CircleCI is a Bay Area Best Places to Work 2018 award winner from the San Francisco Business Times and Silicon Valley Business Journal. Founded in 2011 and headquartered in beautiful downtown San Francisco with a global remote workforce, CircleCI is venture backed by Scale Venture Partners, DFJ, Baseline Ventures, and Harrison Metal Capital.

Circle Internet Services

Private Placement in 2019
Circle Internet Services, Inc., doing business as CircleCI, develops online automated testing and continuous integration tools for developers worldwide. It offers continuous integration and delivery platform that allows developers to release code for Web and mobile applications by automating the build, test, and deploy process, as well as enables developers to detect and fix bugs before they even reach customers. The company was incorporated in 2011 and is based in San Francisco, California.

Clarifai

Series C in 2021
Clarifai provides advanced image recognition systems for customers to detect near-duplicates and visual searches. Clarifai’s image recognition systems recognize various categories, objects, and tags in images, as well as find similar images. The company’s image recognition systems allow its users to find similar images in large uncategorized repositories using a combination of semantic and visual similarities. Clarifai was founded in 2013 and is headquartered in New York, United States.

Hatch

Series A in 2017
Hatch Baby offers a suite of smart sleep products to help humans of all ages and stages develop and maintain natural healthy sleep habits. Designed by experts and loved by parents, its original Rest Family includes Rest and Rest+, all-in-one sleep products designed for babies and kids that can be controlled remotely.

CircleCI

Series D in 2019
CircleCI’s continuous integration and delivery platform helps software teams rapidly release code with confidence by automating the build, test, and deploy process. CircleCI offers a modern software development platform that lets teams ramp quickly, scale easily, and build confidently every day. Velocity is critical for software teams in today's competitive landscape, but maintaining speed can be difficult as apps and systems grow larger and more complex. CircleCI’s platform allows developers to rapidly release code (for web and mobile apps) they trust by automating the build, test, and deploy process. CircleCI enables developers to detect and fix bugs before they even reach customers. Thousands of leading companies including Facebook, Kickstarter, Shyp, and Spotify rely on CircleCI to accelerate delivery of their code and enable developers to focus on creating business value fast. CircleCI is a Bay Area Best Places to Work 2018 award winner from the San Francisco Business Times and Silicon Valley Business Journal. Founded in 2011 and headquartered in beautiful downtown San Francisco with a global remote workforce, CircleCI is venture backed by Scale Venture Partners, DFJ, Baseline Ventures, and Harrison Metal Capital.

Arctic Wolf

Private Placement in 2020
Arctic Wolf offers a security operations center as a concierge service that helps companies end cyber risk. Arctic Wolf solutions include Managed Detection and Response (MDR), Managed Risk, and Managed Cloud Monitoring, each delivered through the industry’s original concierge security team. Its concierge security engineers act as an extension of a company's internal team, providing tailored threat detection and response, as well as ongoing risk management to keep your valuable business data safe. The company was founded in 2012 and headquartered in Eden Prairie, Minnesota

Alkira

Series C in 2024
Alkira, Inc. provides an end-to-end networking platform which is consumed as a service offered in a pay-as-you-go model. It enables the customers to connect their local system and cloud workloads to the Alkira Cloud Exchange Points (CXP) and activate security and other services on-demand, which can auto-scale up and down based upon utilization. The company was incorporated in 2018 and is based in San Jose, California.

Hatch

Series A in 2018
Hatch Baby offers a suite of smart sleep products to help humans of all ages and stages develop and maintain natural healthy sleep habits. Designed by experts and loved by parents, its original Rest Family includes Rest and Rest+, all-in-one sleep products designed for babies and kids that can be controlled remotely.

The Bouqs Co.

Series C in 2017
The Bouqs Company owns and operates an Internet based flowers, and bouquet retail platform. It offers bouquets and flowers for weddings, events, business services, and more. The Bouqs Company was founded in 2012 and is based in Marina Del Rey, California.

HealthLoop

Series B in 2017
HealthLoop, Inc. operates a SaaS platform that enables medical practices to monitor signs and symptoms, and communicate with patients during the recovery process. Its platform enables doctors to identify patients at risk of decline in the follow up period. The company’s platform also collects patients’ feedbacks and monitors status against expected progress; and sends alerts to physicians or providers about patients who are at risk of treatment failures, complications, or hospital readmissions. It serves medical offices in the United States. HealthLoop, Inc. was founded in 2009 and is based in Moffett Field, California.

Kore.ai

Series C in 2021
Kore.ai, Inc. develops artificial intelligence based chatbot solutions for enterprises. The company provides smart bot, chat bots that use neuro-linguistic programming (NLP) and artificial intelligence (AI) to respond in a chat. It serves to banking, sales, commerce, IT help desk, and services industries. Kore.ai, Inc. was formerly known as Kore, Inc. The company was incorporated in 2011 and is based in Orlando, Florida.

Arctic Wolf

Series D in 2020
Arctic Wolf offers a security operations center as a concierge service that helps companies end cyber risk. Arctic Wolf solutions include Managed Detection and Response (MDR), Managed Risk, and Managed Cloud Monitoring, each delivered through the industry’s original concierge security team. Its concierge security engineers act as an extension of a company's internal team, providing tailored threat detection and response, as well as ongoing risk management to keep your valuable business data safe. The company was founded in 2012 and headquartered in Eden Prairie, Minnesota