Investments
34Portfolio Exits
2Funds
1About 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
Latest Next Level Ventures News
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.
Next Level Ventures Investments Activity
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 | |||||
9/15/2021 | Series A |
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 | ||
Amount | $11M | $12M | $8M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 3 | 3 |
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 | 1 | |||
Date | 5/18/2022 | |
---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
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 |
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