Predict your next investment

Venture Capital
nextlevelvc.com

See what CB Insights has to offer

Investments

34

Portfolio Exits

2

Funds

1

About Next Level Ventures

Next Level Ventures is a venture capital firm, investing in growing companies that are based in Iowa. The firm typically invests $1 million to $4 million for a minority ownership position in later-stage venture situations. Its team is looking for Iowa companies that have the potential to become big opportunities.

Next Level Ventures Headquarters Location

666 Walnut St. Suite 1280

Des Moines, Iowa, 50309,

United States

515-554-5494

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Next Level Ventures News

WINPRO Pet Closes $3 million Series B Round from Next Level Ventures

Jun 18, 2021

WINPRO Pet , an Ankeny-based pet company that makes serum-based supplements for dogs announced yesterday that it has closed a Series B round of more than $3 million from Next Level Ventures . Founded in 2016, WINPRO products use clinically proven animal blood proteins to help prevent and combat the negative effects of stress-induced inflammation in dogs. Many of today’s most common canine health problems are caused by inflammation which is often caused by stress. The company plans to use the new round of funding on new product development and marketing. “WINPRO Pet was looking to take the next step and Next Level Ventures brings both needed capital and business expertise,” said WINPRO Pet founder Bill Bernardo in a release. “I’m especially excited about our future growth prospects especially as they relate to new dog essentials and possibly other species too.” WINPRO is the 27th startup to receive investment from Next Level Ventures, according to the firm’s portfolio page . “There’s never been a more exciting time to be in the pet health industry,” said WINPRO President Tim Mitchum. “With the continued support of our amazing partners, we are now positioned to bring WINPRO Pet’s truly unique and innovative products to more dogs around the world.”

Next Level Ventures Investments

34 Investments

Next Level Ventures has made 34 investments. Their latest investment was in Mazen Animal Health as part of their Series A on May 5, 2022.

CBI Logo

Next Level Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/25/2022

Series A

Mazen Animal Health

$11M

No

2

5/6/2022

Series A

equipifi

$12M

Yes

3

2/14/2022

Series A

OpenLoop

$8M

No

3

10/8/2021

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

9/15/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/25/2022

5/6/2022

2/14/2022

10/8/2021

9/15/2021

Round

Series A

Series A

Series A

Unattributed VC

Series A

Company

Mazen Animal Health

equipifi

OpenLoop

Subscribe to see more

Subscribe to see more

Amount

$11M

$12M

$8M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

3

3

10

10

Next Level Ventures Portfolio Exits

2 Portfolio Exits

Next Level Ventures has 2 portfolio exits. Their latest portfolio exit was MSUITE on May 18, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/18/2022

Acquired

$99M

1

9/1/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/18/2022

9/1/2021

Exit

Acquired

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

1

10

Next Level Ventures Fund History

1 Fund History

Next Level Ventures has 1 fund, including Next Level Ventures Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/15/2015

Next Level Ventures Fund I

Late-Stage Venture Capital

Open

$38.14M

2

Closing Date

12/15/2015

Fund

Next Level Ventures Fund I

Fund Type

Late-Stage Venture Capital

Status

Open

Amount

$38.14M

Sources

2

Next Level Ventures Team

2 Team Members

Next Level Ventures has 2 team members, including current Managing Partner, Craig Ibsen.

Name

Work History

Title

Status

Scott Hoekman

UICO, Maroon Analytics, Clinton Foundation, Long Point Capital, and Bear Stearns

Founder

Current

Craig Ibsen

Managing Partner

Current

Name

Scott Hoekman

Craig Ibsen

Work History

UICO, Maroon Analytics, Clinton Foundation, Long Point Capital, and Bear Stearns

Title

Founder

Managing Partner

Status

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.