Fund profile / United States

NEXT Fund III

Geography
United States
Stage
Seed
Fund size
$25M
Focus
SaaS
Signals
Published
Share
N°01 / About

About NEXT Fund III

NEXT Fund III is a venture capital firm based in United States, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States
Funding StageSeed
Industry Focus
SaaS

Investor Signals Profile

active

Sweet Spot

Capital-efficient B2B SaaS or healthcare founder, Ohio

B2B SaaS
Healthcare & Life Sciences
Seed to Series A
Ohio
Ocular/MedTech

Bullish Signals

100+ active portfolio companies (2023)external
Top-quartile B2B SaaS & healthcare returnsexternal
Multiple funds incl. evergreen & healthcareexternal
Active life sciences co-investor networklinkedin
Portfolio wins Columbus healthcare awardslinkedin
Co-invests: Nationwide Children's, JobsOhiolinkedin
Invirsa portfolio honored — ocular diseaselinkedin
Hardik keynoting Columbus Startup Week 2024linkedin
Active 2024 speaker visibility, ecosystem leadershipexternal
Three-fund strategy: Evergreen, Focus, Healthcarewebsite
Continuum capital model Seed through Series Awebsite
Founder resources & partnering growth programswebsite
Active website: growth programs, founder resourceswebsite

Contrarian Signals

Ohio-focused, limited coastal reachexternal

Founder Do's

Show unique market insight
Target $1B+ addressable market
Demonstrate capital-efficient model
Prove disruptive, defensible solution
Tie milestones to value creation

Founder Don'ts

No clear unmet market need
Burn-heavy, non-efficient model
No path from Seed to Series A

27 signals on NEXT Fund III

13 bullish · 1 contrarian · 5 pitch do's · 3 don'ts · 5 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size$25M
Saves0
People

Key People

Hardik Desai

Hardik DesaiManaging Partner
Freddie CoffeyPartner
Bethany GeorgeTeam Member
Josh BorsteinTeam Member
Will StablerTeam Member
N°04 / See also

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