About
Next47 is a global venture capital firm founded in 2016 and headquartered in Palo Alto, California, operating as the independent venture arm backed by Siemens AG. The firm invests across early and expansion-stage companies with a primary focus on enterprise-focused businesses in SaaS, artificial intelligence and machine learning, infrastructure, cybersecurity, and related technology sectors. Next47 maintains offices across the United States, Europe, and Israel, positioning itself as a venture firm built specifically for enterprise founders seeking both capital and strategic resources. The firm writes checks ranging from $1 million to $25 million across multiple stages, with documented investment activity in Series A rounds averaging $13.2 million, Series B rounds averaging $27.2 million, and Series C rounds averaging $36.5 million. As of 2025, Next47 has made 349 total investments across its portfolio, with 96 documented exits including notable companies such as LanzaTech, ChargePoint, and Turvo. The portfolio includes 14 unicorns and 239 total portfolio companies. Next47 operates as an operator-led team with direct founder relationships and maintains partnerships with leading venture firms including Sequoia and Y Combinator as a preferred co-investor. Beyond traditional venture capital, the firm runs an operational support program providing founders with always-on portfolio assistance. The firm's investment strategy emphasizes companies pushing boundaries in infrastructure modernization, artificial intelligence applications, and cybersecurity solutions, with a thesis centered on enabling enterprise founders to accelerate revenue growth and access global customer networks.