Next Frontier Capital Mc, LLC
SEC exempt reporting adviser (venture capital exemption).
- Website
- http://www.nextfrontier.com
- HQ
- MT
Next Frontier Capital invests in mission-driven founders with a strong track record of execution, typically at the seed to Series A stage. Its focus areas are enterprise intelligence, critical infrastructure, financial systems, and national security. The firm's portfolio lists companies invested in from 2014 through 2026, including OllyGarden, Gambit, and Gravity. Its team includes Will Price, Richard Harjes, Les Craig, Scott Holton, and Mandy Culver.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Seed, Series A | Not enough dated deals |
| Sectors | AI applications, Data analytics, Fintech, Energy, Aerospace and defense | Not enough dated deals |
| Regions | US | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Next Frontier Venture Fund IV E, L.P. Invests in mission-driven founders with a strong track record of execution at the seed to Series A stage. Focus areas include enterprise intelligence, critical infrastructure, financial systems, and national security. Inferred from the firm's website | 2022 | $1.59M to $125M (Form D) | Late investment period |
| Next Frontier Venture Fund IV, L.P. Invests in mission-driven founders with a strong track record of execution at the seed to Series A stage. Focus areas include enterprise intelligence, critical infrastructure, financial systems, and national security. Inferred from the firm's website | 2022 | $97.13M to $125M (Form D) | Late investment period |
| Next Frontier Venture Fund III E, L.P. | approx. 2020 | $100M (Form D) | Follow-ons only |
| Next Frontier Venture Fund III, L.P. | 2020 | $55.72M to $100M (Form D) | Follow-ons only |
03 · People across funds
- Richard Harjes, Managing Director of the General Partner
Next Frontier Venture Fund IV E, L.P. (Named on Form D); Next Frontier Venture Fund IV, L.P. (Named on Form D); Next Frontier Venture Fund III E, L.P. (Named on Form D); Next Frontier Venture Fund III, L.P. (Named on Form D)
- William Price, Managing Director of the General Partner
Next Frontier Venture Fund IV E, L.P. (Named on Form D); Next Frontier Venture Fund IV, L.P. (Named on Form D); Next Frontier Venture Fund III E, L.P. (Named on Form D); Next Frontier Venture Fund III, L.P. (Named on Form D)
- Erika Nash
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Franz Kofler
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Kirsten Suddath
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Les Craig
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Mandy Culver
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Scott Holton
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
- Will Price
Next Frontier Venture Fund IV E, L.P. (Team); Next Frontier Venture Fund IV, L.P. (Team); Next Frontier Venture Fund III E, L.P. (Team); Next Frontier Venture Fund III, L.P. (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- http://www.nextfrontier.com
- https://nextfrontiercapital.com/pitch-us
- https://nextfrontiercapital.com/portfolio
- https://nextfrontiercapital.com/about
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026