The Firm

founded in bozeman, mt 2015

Next Frontier Capital partners with mission-driven, talented entrepreneurs to build Rocky Mountain technology companies of national impact, utility, and value. The Firm is backed by a well-diversified pool of investors, endowments, foundations, and executives from the world’s top technology and financial firms, who join us in recognizing the region’s extraordinary growth in technology deal flow. NFC currently manages $195 million in committed capital.

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COMPANY VALUES

Motivation Matters

We believe that implicit motivation is an accurate predictor of success. Knowing your “why” is the rudder that steers your pursuit, and by partnering with mission-driven entrepreneurs, NFC supports startup companies to achieve both scale and value.

Love of Place

We love the Rocky Mountains and the free-ranging lifestyles our communities pursue. We live in the mountains on purpose and live balanced lives, walking between hard work, family, community, and play. By investing in place, we create meaningful impact on the communities we support to drive company formation, job creation, and income growth, while building an organization that sustains across generations.

Respect for Founders

Next Frontier Capital centralizes integrity, as we empathize with the incredible challenges and difficulties faced by founders and company builders. We gladly acknowledge our responsibility to our founders and take our commitments to availability, honesty, and support seriously.

Diverse Perspectives & Intellectual Rigor

NFC is characterized by hard work, thoughtful analysis, intellectual rigor, and a commitment to the multi-layered processes and inquiries required to make informed decisions. We draw upon our education, experience and intuition to support founders and startups who share our intention toward precision, mission, and outcome.

Diverse teams outperform non-diverse teams. We value diversity of thought, perspective, and experience and encourage inclusive challenges to thinking.

Beyond Politics

In a cultural context of increasing political tension, we aim our focus on positivity and mutual support. Rather than engaging in divisive conversations, we foster a collaborative, supportive environment focused on high-performance as an interconnected team rather than a collection of individuals.

WHO WE ARE

From Start-up to Institution

NFC is an early-stage fund built to back the best founders across the Rocky Mountains founded in 2015. Our core focus is Series Seed+ and pre-growth B2B SaaS companies, complimented with opportunistic investments adjacent to our core markets and thesis.
OUR EXPERTISE

Supporting Founders at the Seed+ and
Series A+ Rounds.

We believe three major pockets of illiquidity challenge today’s Rocky Mountain firms: the gap between Seed & Series A, the gap between Series A & Growth, and secondary transactions. 

Next Frontier Capital invests in eight to ten companies per year, primarily in industries with high intellectual property value, such as enterprise software, data science, FinTech, Climate Tech, AI/ML, and deep tech with an NFC check size of $2-$5m.
OUR COMMUNITIES

Funding Rocky Mountain Innovation

With more tech workers moving to the Mountain West than ever before, we are proud to support our founders & invest in their companies at earlier stages. We aim to bridge the gap in available capital during early stages to allow expansion realized in later rounds.

The density of capital available at the Seed A, and growth stages may never be stronger than today. However, the number of companies that raise A Seed and do not manage to reach A milestones, that raise an A and do not manage to reach Growth round milestones & early team members and insiders that are looking to take cash off the table is also at an all time high.

OUR PORTFOLIO
OUR COMMUNITIES

Funding Rocky Mountain Innovation

With more tech workers moving to the Mountain West than ever before, we are proud to support our founders & invest in their companies sooner. We aim to
bridge the gap in available capital during early stages to allow expansion
realized in later rounds.
THE DILIGENCE PROCESS

While highly selective, once committed, we roll up our sleeves & work hard to provide the team with capital, support,
and counsel

Our thorough & focused diligence process is based on a company’s mission, market, management team, product-market fit, technology, and business model. The Firm prefers to syndicate its investments and aims to take a board seat on deals where it is the lead investor.
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