About NextGem
NextGem is a Media & Entertainment company based in Minneapolis (United States) founded in 2021 by James Don Francesco. Online social platform for trade card enthusiasts. NextGem has raised $1.8 million across 1 funding round from investors including Gopher Angels, Ryan McKillen and SK Ventures. Its focus areas include Consumer, Social Platforms, Interest Based and Sports.
Company details
NextGem was founded in 2021 in Minneapolis, United States, as an online social platform focused on trade card enthusiasts. Cards are digitized by users, rare items are located through search features, and interactions occur among community members via forums and sharing tools. Operations center on digital collection management and social networking within the collectibles sector, with services accessible globally through nextgem.com.
- Headquarters Minneapolis, United States
- Founders James Don Francesco
- SectorsMedia & Entertainment
- Website nextgem.com/cgi-sys/suspendedpage.cgi
- Social LinkedIn X Facebook
- Total Equity Funding$1.8M (USD)
in 1 rounds
- Latest Funding Round$1.8M (USD), Seed
Feb 2022
- InvestorsGopher Angels
& 2 more
Funding Insights of NextGem
NextGem has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.8 million completed in February 2022. 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 $1.8M
- Total Rounds 1
- Last Round Seed — $1.8M
- First Round $1.8M
(Feb 2022)
- Investors Count 3
All 1 funding rounds of NextGem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $1.8M | Seed | – | Gopher Angels, SK Ventures |
3 investors in total: 2 institutional and 1 angel.
Investors in NextGem
NextGem has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Gopher Angels, Ryan McKillen and SK Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investment network is focused on Midwest startup growth. | 2012 | gopherangels.com | United States | |
Seed-stage US companies are invested in by SK Ventures. | skvcap.com | San Francisco, United States | ||
RM Ryan McKillen | Angel investor in Indian startups, co-founder of Meridian Capital, tech-focused | unknown_6c56068f007344159 |
Investor details for NextGem
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of NextGem
1 people are tracked at NextGem (1 in leadership).
| Name | Role | Group |
|---|---|---|
James Don Francesco | Co-Founder | Leadership |
Complete people profiles for NextGem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of NextGem
2 dated milestones of NextGem across 1 years, from founding to its latest funding, stage changes and deals.
- Founded NextGem is founded.
- Funding First funding round of $1.8M.
Top companies in Sports Technology Platforms
3 companies that operate in the same segment as NextGem (Sports Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | 4,115 | ||
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 180 M | 999 |
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Related news about Nextgem
Complete news archive for NextGem
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Frequently Asked Questions about NextGem
NextGem was founded in 2021 and raised its 1st funding round 1 year after it was founded.
NextGem is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
NextGem is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Seed of $1.8M, raised on Feb 2022.
NextGem was founded in 2021 in Minneapolis, United States, as an online social platform focused on trade card enthusiasts. Cards are digitized by users, rare items are located through search features, and interactions occur among community members via forums and sharing tools. Operations center on digital collection management and social networking within the collectibles sector, with services accessible globally through nextgem.com.
NextGem has 3 investors. Key investors include Gopher Angels, Ryan McKillen, and SK Ventures.