Next Coast Ventures

Company

Investment-firm

Last deal

Amount

Venture - Series Unknown

Stage

26.04.2017

Date

1

all rounds

Financing round

General

About Company
Next Coast Ventures is a venture capital firm that provides early-stage capital to high-growth startups in 'Next Coast' markets.

Industry

Sector :

Subsector :

founded date

01.01.2015

Number of employees

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Based in Austin, Texas, Next Coast Ventures partners with ambitious entrepreneurs to build innovative companies in large markets. Their investment strategy is guided by macro trends and themes. With a focus on workplace, healthcare, wellness, retail, and marketplace software companies, they offer hands-on support, leveraging their extensive industry network, venture partner program, and the founders' own entrepreneurial experiences. Founded in 2015, Next Coast Ventures is committed to fueling the growth of startups in non-coastal regions, providing them with the resources they need to succeed. Learn more at www.nextcoastventures.com.
Contacts
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Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 26.04.2017. Their latest investor Renaissance Venture Capital. Their latest round Venture - Series Unknown

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People

Founders
2
Thomas Ball
Thomas Ball

Thomas Ball

Thomas Ball is a founding general partner of Next Coast Ventures, a venture capital firm that focuses on early-stage information technology companies, with a primary focus on Internet, software and technology-enabled business and consumer services. Tom was previously at Austin Ventures from 2005-2015 where he served as a general partner. He was also the first investor in RetailMeNot, Inc. Prior to his involvement with Austin Ventures and RetailMeNot, Tom founded a number of successful companies, including Openfield Technologies, which merged with Razorgator Interactive Group, where Tom was CEO, and eCoupons, where he was also CEO until the sale of the company to Lifeminders (NASDAQ: LFMN).

current job

Aclaimant
Aclaimant

Thomas Ball

Michael Smerklo
Michael Smerklo

Michael Smerklo

Michael A. Smerklo, also known as Mike, CPA serves as Co-Founder and Managing Director at Next Coast Ventures since October 2015. Michael Smerklo Co-Founded Nucleus in 2015. He is a Founder of True North Ventures LLC. He served as the President of ServiceSource International, Inc. and its Chief Executive Officer from January 2003 to August 18, 2014. He led ServiceSource’s team in overall Corporate Strategy and Execution. He served as the Chairman of ServiceSource International, Inc. from November 2008 to May 28, 2015 and served as Member of its Service Executive Industry Board December 2009. Prior to ServiceSource, he served as part of the executive team at Loudcloud (Opsware), driving sales, marketing and business development efforts. Before joining Loudcloud, he served as an Investment Banker at Morgan Stanley and Lehman Brothers, for whom he focused on Corporate Finance and Mergers and Acquisitions for Technology Companies. He has been a Director at SPS Commerce, Inc. since January 21, 2014. He serves as Non Exec Chairman and Co-Founder at Nucleus Growth LLC. He has been Board Observer of Lecorpio Inc since July 2015. He serves as a Director of ServiceSource Corporation. Michael Smerklo is an entrepreneur and has been active in the technology sector for nearly 20 years. He holds an MBA from the Kellogg Graduate School of Management, where he graduated with distinction. He holds a BS in Business Administration from Miami University and is an accredited Certified Public Accountant.

current job

Next Coast Ventures

count Of Investments

1

Michael Smerklo

Employee Profiles
24
Julie Dodd

Julie Dodd

Venture Partner & Advisor

Michael Tian

Michael Tian

Associate

Tatiana Gaspar Mogren

Tatiana Gaspar Mogren

Associate

Adam Cross

Adam Cross

VP, Investor Relations

Cotter Cunningham

Cotter Cunningham

Venture Partner

Ben Beverly

Ben Beverly

Investor and Senior Associate

Jonathan Kaplan

Jonathan Kaplan

Chief Operating Officer

Julian Castelli

Julian Castelli

Venture Partner / Entrepreneur's Council

Activity

Recent News
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