Next Frontier Capital

Next Frontier Capital is a private equity and venture capital firm founded in 2015 and headquartered in Bozeman, Montana. The firm focuses on early-stage investments in a range of sectors, including biotechnology, clean technology, healthcare, and technology. It primarily targets companies in the Mountain region of the United States, emphasizing sectors such as software, artificial intelligence, machine learning, mobile applications, and SaaS. Next Frontier Capital is committed to partnering with mission-driven entrepreneurs to foster the development of innovative technology companies. In addition to its main office in Bozeman, the firm has additional locations in Boulder, Missoula, and Salt Lake City.

Les Craig

General Partner

Richard Harjes

Co-Founder and General Partner

Scott Holton

CFO

Franz Kofler

Partner

Garrett Leach

Partner

Will Price

Co-Founder and General Partner

Kirsten Suddath

General Partner

Past deals in Colorado

Optera

Seed Round in 2022
Optera, formerly known as Point380, Inc., specializes in sustainability management software. Its flagship product, Flagstaff RPO, is a pioneering SaaS platform that assists companies in managing emissions, energy, water, and waste throughout their operations and supply chains, aligning with climate science. The software enables organizations to track and manage their resource usage, calculate emissions, analyze historical performance, generate reports, forecast progress, and develop project portfolios. Additionally, Optera offers integrated consulting services to complement its software solutions. Founded in 2006 and headquartered in Boulder, Colorado, the company aims to support businesses in their sustainability efforts by providing comprehensive tools for resource optimization.

Optera

Seed Round in 2022
Optera, formerly known as Point380, Inc., specializes in sustainability management software. Its flagship product, Flagstaff RPO, is a pioneering SaaS platform that assists companies in managing emissions, energy, water, and waste throughout their operations and supply chains, aligning with climate science. The software enables organizations to track and manage their resource usage, calculate emissions, analyze historical performance, generate reports, forecast progress, and develop project portfolios. Additionally, Optera offers integrated consulting services to complement its software solutions. Founded in 2006 and headquartered in Boulder, Colorado, the company aims to support businesses in their sustainability efforts by providing comprehensive tools for resource optimization.

Tetra Insights

Series A in 2021
Tetra Insights builds technology that maximizes the value of qualitative data. Our platform empowers leading organizations by putting insights directly from customers in front of decision makers. Using our software, researchers generate insights faster and more effectively thanks to our automation and workflow tools. We handle the heavy lifting of transcribing, tagging, and annotating audiovisual recordings so researchers can focus on analysis. Raw qualitative data is transformed into a research library where users can intuitively browse and search across video & audio recordings, tags, annotations, and metadata. Empathy for users and customers helps companies build better products with sustainable success. We’re transforming decision-making by amplifying the reach of recorded customer interactions.

Gondola

Seed Round in 2021
Gondola is a collaborative remote selling platform designed to enhance the efficiency of sales teams by streamlining preparation, presentation, and documentation processes. Founded in 2019 and based in Denver, Colorado, the platform offers a range of features including live URL slides integration, asset management, automated follow-up, and presentation analytics. These tools enable sales professionals, including leadership, sales engineers, and account executives, to conduct effective product demonstrations and manage customer interactions seamlessly. Gondola's customizable and scalable platform reduces preparation time and facilitates faster deal closures, allowing users to take notes, assign follow-up actions, and summarize meetings interactively. Overall, Gondola aims to improve the sales process by providing a comprehensive solution for remote selling.

Gondola

Seed Round in 2020
Gondola is a collaborative remote selling platform designed to enhance the efficiency of sales teams by streamlining preparation, presentation, and documentation processes. Founded in 2019 and based in Denver, Colorado, the platform offers a range of features including live URL slides integration, asset management, automated follow-up, and presentation analytics. These tools enable sales professionals, including leadership, sales engineers, and account executives, to conduct effective product demonstrations and manage customer interactions seamlessly. Gondola's customizable and scalable platform reduces preparation time and facilitates faster deal closures, allowing users to take notes, assign follow-up actions, and summarize meetings interactively. Overall, Gondola aims to improve the sales process by providing a comprehensive solution for remote selling.

Bonusly

Series A in 2020
Bonusly is an internet company that provides a web platform for companies to reward and motivate employees by using peer-to-peer bonuses. Bonusly helps celebrate everyday contributions and key milestones, automate time-consuming HR admin processes, incentivize participation in company initiatives, and offer digital rewards their employees will love. With its efficient, effective, and enjoyable recognition and rewards solution, they can help people feel a greater sense of alignment and purpose, understand what it means to embody company core values, and see how contributions of all kinds support your mission. In turn, the customer can pull actionable data about employee experience from powerful people analytics tools. Bonusly delivers unique insights on individual, team, and company levels so you can make strategic decisions about culture, professional development, performance management, and retention.

OptioSurgical

Venture Round in 2019
OptioSurgical is a company focused on transforming the surgical supply chain through a business intelligence platform. It offers software solutions such as bill-only management and an orthopedic analysis platform, which help clinics and hospitals reduce unnecessary expenditures and enhance transparency in vendor equivalencies. By providing healthcare professionals with clear insights into their options, OptioSurgical aims to empower them to make informed decisions that can ultimately lower healthcare costs. The company's commitment to creativity and disruption in the healthcare sector positions it as a valuable resource for improving efficiency and cost-effectiveness in surgical operations.

Halp

Seed Round in 2019
Halp is a company that specializes in integrating ticketing systems with Slack, catering specifically to modern IT teams. Founded in 2017 and headquartered in Boulder, Colorado, Halp offers a unique conversational platform tailored for internal ticketing processes. This innovative solution allows users to assign, prioritize, and respond to requests directly within Slack, streamlining communication and enhancing efficiency. By focusing on user experience, Halp aims to increase employee happiness and productivity, making it easier for teams to engage with coworkers and address customer support needs effectively.

Alpin

Seed Round in 2018
Alpin, Inc. develops a cloud identity management platform that allows users and companies to find and manage their cloud software. It also enables the users to discover cloud software, manage costs and renewals, security and compliance, and automates workflow. Alpin, Inc. was formerly known as Logrr, Inc. The company was incorporated in 2015 and is based in Boulder, Colorado. As of October 25, 2019, Alpin, Inc. operates as a subsidiary of Coreview.

Section

Series A in 2018
Section is a technology company that provides an advanced content delivery platform, enabling engineers to efficiently manage and deliver workloads from any location. Founded in 2012 and headquartered in Boulder, Colorado, with additional offices in Sydney, Australia, Section specializes in edge computing solutions underpinned by modern DevOps principles. Its platform supports a variety of functionalities, including a web application firewall for security, an HTTP accelerator to enhance performance, and a flexible ecommerce solution. Section's architecture is container-based, utilizing Docker and Kubernetes, allowing for extensive customization and deployment of edge compute modules. The company operates independently of hosting providers, catering to diverse deployment environments, including cloud and on-premise solutions. Section has garnered backing from notable venture capital firms and employs a diverse team skilled in engineering, marketing, and product development.

IronCore Labs

Seed Round in 2018
IronCore Labs, Inc. is a Boulder, Colorado-based company founded in 2015 that specializes in designing and developing encryption software. The company offers solutions that provide end-to-end encryption and secure data transfer to application developers and SaaS providers. IronCore Labs' software enables the integration of customer-managed keys, allowing clients to maintain control over their data while ensuring compliance with privacy regulations. Its technology employs zero-knowledge encryption, ensuring that private keys are stored on client devices and that data remains secure during transmission, at rest, and throughout all processing stages, including in-memory on servers. This approach allows enterprises to safely store sensitive information in the cloud without the risk of security breaches.

IronCore Labs

Seed Round in 2017
IronCore Labs, Inc. is a Boulder, Colorado-based company founded in 2015 that specializes in designing and developing encryption software. The company offers solutions that provide end-to-end encryption and secure data transfer to application developers and SaaS providers. IronCore Labs' software enables the integration of customer-managed keys, allowing clients to maintain control over their data while ensuring compliance with privacy regulations. Its technology employs zero-knowledge encryption, ensuring that private keys are stored on client devices and that data remains secure during transmission, at rest, and throughout all processing stages, including in-memory on servers. This approach allows enterprises to safely store sensitive information in the cloud without the risk of security breaches.
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