About NEXT Canada
NEXT Canada is a company based in Toronto (Canada) founded in 2010 by Mitchel Campbell, Jai Mansukhani, Wanetha Sudswong, Wei Chan, Kevin Kimsa, Reza Satchu, and Ajay Agrawal. It operates as a Donation / Grant-Based. NEXT Canada has raised $5.15 million across 1 funding round from investors including Magna International. NEXT Canada offers products and services including NEXT 36, NEXT Founders, and NEXT AI.
- Headquarter Toronto, Canada
- Founders Mitchel Campbell, Jai Mansukhani, Wanetha Sudswong, Wei Chan, Kevin Kimsa, Reza Satchu, Ajay Agrawal
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Next Canada
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.15 M (USD)
in 1 rounds
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Latest Funding Round
$5.15 M (USD), Series A
Jan 25, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of NEXT Canada
NEXT Canada offers a comprehensive portfolio of products and services, including NEXT 36, NEXT Founders, and NEXT AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Program for students launching startups is offered annually.
Support for scaling high-growth ventures is provided here.
AI-enabled venture disruption is facilitated through this program.
Funding Insights of NEXT Canada
NEXT Canada has successfully raised a total of $5.15M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.15 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.2M
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First Round
First Round
(25 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series A - NEXT Canada | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NEXT Canada
NEXT Canada has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Magna International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Automotive components are manufactured and supplied to OEMs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NEXT Canada
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NEXT Canada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Next Canada Comparisons
Competitors of NEXT Canada
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NEXT Canada
When was NEXT Canada founded?
NEXT Canada was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is NEXT Canada located?
NEXT Canada is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of NEXT Canada?
Wanetha Sudswong is the current CEO of NEXT Canada. They have also founded this company.
Is NEXT Canada a funded company?
NEXT Canada is a funded company, having raised a total of $5.15M across 1 funding round to date. The company's 1st funding round was a Series A of $5.15M, raised on Jan 25, 2017.
What does NEXT Canada do?
The growth trajectory of aspiring and scaling entrepreneurs in Canada is accelerated by NEXT Canada through education, mentorship, funding, and access to a strong entrepreneurial network. Focus is placed on building a competitive Canada by supporting the next generation of entrepreneurs. Sectors such as technology, health, and AI are impacted through programs like NEXT 36, NEXT Founders, and NEXT AI. Solutions are provided to ensure entrepreneurs remain in Canada, fostering local headquarters, job creation, and equity growth.
What products or services does NEXT Canada offer?
NEXT Canada offers NEXT 36, NEXT Founders, and NEXT AI.
Who are NEXT Canada's investors?
NEXT Canada has 1 investor. Key investors include Magna International.