Next47, a Siemens-backed venture firm, specializes in amplifying the value of enterprise-focused startups globally.
Location
Palo Alto, CA, US
Founded
2016
Next47, a venture firm backed by Siemens, focuses on investing in enterprise-focused startups globally. They typically engage in Series A through Series D funding rounds, with a notable presence in Series B and C stages. Their investment strategy is geared towards partnering with founders who are developing products that have the potential to power industries and transform markets.
Notable portfolio companies include Skydio, Sysdig, and Verkada, which have raised significant capital and achieved substantial market impact. Key partners at Next47 include Jamie Davidson and Patrick Vatterott, who bring extensive experience and industry connections. The firm's investment philosophy emphasizes leveraging Siemens' resources to multiply the value of their portfolio companies, offering unique value-add services such as strategic guidance, industry expertise, and access to a global network.
Next47 - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages