Founded in 2017, Next Act Fund is the first of its kind in Southwestern Pennsylvania. The firm aims to positively impact women, the region, and the nation by helping women grow their personal wealth through investments in women-owned/led businesses. They prefer to invest in companies that are 6-10 years old and operate in industries such as medical and consumer electronics. Next Act Fund typically participates in funding rounds with three other investors and has been involved in 2-6 deals per year. They have a higher rate of exits compared to other companies and have had significant activity in 2019. Additionally, the firm is focused on member education and hosts monthly educational sessions for its members and the public.