About NextCapital
NextCapital is a company based in Chicago (United States) founded in 1997 was acquired by Goldman Sachs Asset Management in March 2022.. NextCapital has raised $52.14 million across 3 funding rounds from investors including Trans America, Manulife and AllianceBernstein. The company has 154 employees as of December 31, 2022. NextCapital has completed 3 acquisitions, including Business Logic, NZ Bus and Scottish Pacific. NextCapital offers products and services including Defined Contribution Plans, OCIO, and Multi-Asset Solutions.
- Headquarter Chicago, United States
- Employees 154 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Goldman Sachs Asset Management, L.P.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$52.14 M (USD)
in 3 rounds
-
Latest Funding Round
$30 M (USD), Series D
Dec 21, 2020
-
Investors
Trans America
& 9 more
-
Employee Count
154
as on Dec 31, 2022
-
Investments & Acquisitions
Business Logic
& 2 more
-
Acquired by
Goldman Sachs Asset Management
(Mar 29, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of NextCapital
NextCapital offers a comprehensive portfolio of products and services, including Defined Contribution Plans, OCIO, and Multi-Asset Solutions. 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.
Provides personalized retirement paths and asset allocation services.
Offers outsourced investment management for institutional investors.
Customizes portfolios based on investor risk profiles.
Unlock access to complete
Unlock access to complete
Leadership Team
269 people
Software Development Team
103 people
Investment Team
96 people
Legal and Compliance
33 people
Sales and Marketing
15 people
Finance and Accounting
13 people
Associate Team
12 people
Operations Team
9 people
Unlock access to complete
Funding Insights of NextCapital
NextCapital has successfully raised a total of $52.14M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $30 million completed in December 2020. 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 3
- Last Round Series D — $30.0M
-
First Round
First Round
(12 Aug 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series D - NextCapital | Valuation |
investors |
|
| Jan, 2016 | Amount | Series B - NextCapital | Valuation | AllianceBernstein , Manulife | |
| Aug, 2014 | Amount | Series A - NextCapital | Valuation | Russell Investment Group , Trans America |
| 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 NextCapital
NextCapital has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Trans America, Manulife and AllianceBernstein. 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 |
|---|---|---|---|---|
|
Investments are made in early-stage healthtech and fintech startups.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on tech startups
|
Founded Year | Domain | Location | |
|
Private debt fund focused on multiple sectors
|
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 NextCapital
NextCapital has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Business Logic, NZ Bus and Scottish Pacific. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online investment solutions are provided for institutions and individuals.
|
1996 | ||||
|
Buses are owned and operated in Auckland, New Zealand.
|
1992 | ||||
|
Limited information available
|
1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - NextCapital
| 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 |
Nextcapital Comparisons
Competitors of NextCapital
| 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 Nextcapital
Frequently Asked Questions about NextCapital
When was NextCapital founded?
NextCapital was founded in 1997 and raised its 1st funding round 17 years after it was founded.
Where is NextCapital located?
NextCapital is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is NextCapital a funded company?
NextCapital is a funded company, having raised a total of $52.14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.05M, raised on Aug 12, 2014.
How many employees does NextCapital have?
As of Dec 31, 2022, the latest employee count at NextCapital is 154.
What does NextCapital do?
NextCapital, based in Chicago, focuses on investment industry, limited partners, and funds of funds. Fund of funds focused on multiple sectors. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
What products or services does NextCapital offer?
NextCapital offers Defined Contribution Plans, OCIO, and Multi-Asset Solutions.
How many acquisitions has NextCapital made?
NextCapital has made 3 acquisitions, including Business Logic, NZ Bus, and Scottish Pacific.
Who are NextCapital's investors?
NextCapital has 10 investors. Key investors include Trans America, Manulife, AllianceBernstein, Russell Investments, and Goldman Sachs Asset Management.