Next Seed

Austin, United States Founded: 2014 • Age: 12 yrs Acquired By Republic
Revenue-sharing financing is facilitated for Texas businesses via crowdfunding.
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About Next Seed

Next Seed is a company based in Austin (United States) founded in 2014 was acquired by Republic in December 2020.. Next Seed has raised $1.36 million across 2 funding rounds from investors including Republic. Next Seed operates in a competitive market with competitors including Funding Circle, Purpose Finance, cSIGMA, LENDonate and marlin capital solutions, among others.

  • Headquarter Austin, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nett Venture Investments Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
    $-160.12 K
    -55
    as on Dec 31, 2021
  • EBITDA
  • Total Equity Funding
    $1.36 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.24 M (USD), Seed

    Sep 04, 2019

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Republic

    (Dec 21, 2020)

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People of Next Seed
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Abe Chu
Co-Founder & Chief Marketing Officer

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Teams

Funding Insights of Next Seed

Next Seed has successfully raised a total of $1.36M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.24 million completed in September 2019. 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 Rounds 2
  • Last Round Seed — $1.2M
  • First Round

    (21 Oct 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Seed - Next Seed Valuation

investors

Oct, 2014 Amount Seed - Next Seed Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Next Seed

Next Seed has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Republic. 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.

All
Institutional
Investor Description Founded Year Domain Location
Online alternative fundraising platform to invest in startups, real estate, crypto, and video games
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Next Seed

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Next Seed

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Next Seed Comparisons

Employees
+
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Competitors of Next Seed

Next Seed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Funding Circle, Purpose Finance, cSIGMA, LENDonate and marlin capital solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A peer-to-peer marketplace for business loans is operated and developed.
domain founded_year HQ Location
Alternative deposit accounts and loans are offered by fintech platform.
domain founded_year HQ Location
Revenue-based financing platform for lenders and borrowers
domain founded_year HQ Location
P2P lending marketplace is operated for non-profit capital needs.
domain founded_year HQ Location
Online lending is offered to small businesses and equipment providers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Next Seed

Frequently Asked Questions about Next Seed

When was Next Seed founded?

Next Seed was founded in 2014.

Where is Next Seed located?

Next Seed is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is Next Seed a funded company?

Next Seed is a funded company, having raised a total of $1.36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Oct 21, 2014.

What does Next Seed do?

NextSeed was founded in 2014 in Austin, Texas, as a crowdfunding portal in the peer-to-business financing sector. Local businesses submit financial details for review through a proprietary underwriting process, after which investment terms are proposed and offerings are listed if accepted. Community investors access these offerings to provide capital, repaid monthly from business revenues under an all-or-nothing model. Operations focus on Texas-based enterprises.

Who are the top competitors of Next Seed?

Next Seed's top competitors include Funding Circle, Purpose Finance and LENDonate.

Who are Next Seed's investors?

Next Seed has 1 investor. Key investors include Republic.

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