Predict your next investment

Venture Capital
FINANCIAL | Investment Firms & Funds
nextstagecapital.com

See what CB Insights has to offer

Investments

47

Portfolio Exits

7

Funds

2

Service Providers

1

About NextStage Capital

NextStage Capital is an early stage venture capital fund in Philadelphia focused on financing start-up technology companies in the Mid-Atlantic region.

NextStage Capital Headquarter Location

2570 Boulevard of Generals Suite 110

Audubon, Pennsylvania, 19403,

United States

610-635-0454

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.

NextStage Capital Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

NextStage Capital Rank

Latest NextStage Capital News

NextStage Capital Invests in RCD Technology; Zon Capital and Ben Franklin Technology Partners of Northeast Pennsylvania Also Participate in Series A Funding

Mar 29, 2018

May 25, 2006 10:29 AM Eastern Daylight Time AUDUBON, Pa.--( BUSINESS WIRE )--May 25, 2006--NextStage Capital, an early stage venture capital fund focused on Mid-Atlantic technology companies, announced a co-investment along with Zon Capital and Ben Franklin Technology Partners of Northeast Pennsylvania of approximately $2 million in RCD Technology Corporation, based in Quakertown, PA. RCD Technology has a proprietary patented technology for producing high margin specialty RFID (radio frequency ID) tags and low cost RFID antennae at a fraction of the cost of other competitors. The RFID Tag market is expected to grow to $3B by 2009 (InStat, 2005), fueled by the enhanced capabilities and cost efficiencies that RFID has to offer industries such as the supply chain industry, the banking industry, and the transportation industry, among others. While the success of the "Wal-Mart initiative" has been a primary driver, numerous other high-value applications are taking hold. In the transportation industry for example, over 500 cities worldwide have initiatives to replace magnetic reader technology with RFID technology. Another example is the banking industry where nearly every bank has initiatives to roll out RFID-based cards. "RFID technology continues to gain momentum in the market," said Dan McKinney, General Partner of NextStage Capital. "Through our due diligence, we were able to validate that there are numerous RFID initiatives underway where the numbers are staggering. We were also able to confirm that RCD's proprietary technology is unique and highly valuable to these market initiatives. NextStage Capital is pleased to be working with RCD's outstanding team of seasoned entrepreneurs." "We began benefiting from NextStage Capital's value-added resources and capabilities long before they even finished their investment," Jeff White, CEO of RCD Technology, said. "Being an early stage company, RCD needed to expand its human capital as well as build out our market penetration strategy. NextStage was able to provide assistance in both vetting market opportunities as well as the successful recruitment of several seasoned professionals into our company. We are thrilled to be working with a great investment team in NextStage Capital, Zon Capital, and Ben Franklin Technology Partners Northeast." "The investment in RCD Technology demonstrates how the Commonwealth's dollars are helping emerging businesses grow and expand," said Department of Community and Economic Development Secretary Dennis Yablonsky. "With the state's investment in NextStage Capital through the New PA Venture Capital Investment Program, NextStage is able to provide needed capital to promising technology-based companies which will prosper in Pennsylvania, and create jobs for our working men and women." "Over the next few years, approximately $1 billion in venture capital dollars will be available to Pennsylvania companies as a result of public/private partnerships. By creating incentives for venture capital partnerships, the Commonwealth will insure that the state's high growth companies are able to remain here and create jobs for a New Pennsylvania," Secretary Yablonsky added. About NextStage Capital NextStage Capital, L.P. is an early stage venture capital fund focused on investing in undiscovered software and hardware technology and/or services companies in the Mid-Atlantic region. NextStage Capital's investment approach is to find entrepreneurs with solid track records who offer a unique and powerful value proposition to customers in growing market sectors. In addition to providing strategic counsel, NextStage Capital offers its portfolio companies value-added recruiting services at no charge through its partnership with TWC, a recruitment process outsourcing (RPO) company with more than a decade of building management teams for many of the region's most successful venture-backed companies. For more information on NextStage Capital, please visit www.nextstagecapital.com . About RCD Technology Corporation RCD Technology Corporation offers a proprietary patented technology for producing a low-cost, high-range radio frequency identification (RFID) antenna at a fraction of the cost of other competitors. Its manufacturing process takes advantage of the enhanced reading distance inherent with high-conductivity copper traces. This process provides a number of distinct advantages, including a lower cost burden compared to high silver content conductive inks, the elimination of costs caused by the etched waste of copper or aluminum, the reduction of production variances associated with precious-metal inks, and the ability to produce double-sided antennae or second-sided circuitry. For more information on RCD Technology, please visit www.rcdtechnology.com .

NextStage Capital Investments

47 Investments

NextStage Capital has made 47 investments. Their latest investment was in Sidecar Interactive as part of their Series B on November 11, 2015.

CBI Logo

NextStage Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/20/2015

Series B

Sidecar Interactive

$8M

No

2

11/20/2015

Series D

Sidecar

$8M

No

1

3/11/2015

Series D

Agilence

$4.3M

No

5

6/4/2014

Series A - III

Subscribe to see more

$99M

Subscribe to see more

10

4/8/2014

Series E - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/20/2015

11/20/2015

3/11/2015

6/4/2014

4/8/2014

Round

Series B

Series D

Series D

Series A - III

Series E - II

Company

Sidecar Interactive

Sidecar

Agilence

Subscribe to see more

Subscribe to see more

Amount

$8M

$8M

$4.3M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

1

5

10

10

NextStage Capital Portfolio Exits

7 Portfolio Exits

NextStage Capital has 7 portfolio exits. Their latest portfolio exit was TicketLeap on September 18, 2017.

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

9/18/2017

Acquired

1

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

9/18/2017

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

NextStage Capital Fund History

2 Fund Histories

NextStage Capital has 2 funds, including NextStage Capital LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/4/2007

NextStage Capital LP

Early-Stage Venture Capital

$25M

1

NextStage Capital II LP

Subscribe to see more

$99M

10

Closing Date

12/4/2007

Fund

NextStage Capital LP

NextStage Capital II LP

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Amount

$25M

$99M

Sources

1

10

NextStage Capital Service Providers

1 Service Provider

NextStage Capital has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

NextStage Capital Team

3 Team Members

NextStage Capital has 3 team members, including current Managing Partner, Terry Williams.

Name

Work History

Title

Status

Daniel McKinney

Founder

Current

Terry Williams

Managing Partner

Current

Rob Adams

Managing Partner

Former

Name

Daniel McKinney

Terry Williams

Rob Adams

Work History

Title

Founder

Managing Partner

Managing Partner

Status

Current

Current

Former

CB Insights uses Cookies

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.