Next Ventures

Venture Capital Exempt reporting adviser

Legal name: Next Ventures Management, LLC

Austin, TX Website LinkedIn X

AUM

$185.1M
Private fund assets

Private funds

5
Venture Capital 5

Private fund assets

$185.1M
Gross asset value

Employees

—

Last Form D raise

Dec 2024
Most recent fund filing

From SEC Form ADV filing (filed Mar 26, 2026). View on SEC

People(2)

Owners and executive officers named on the firm's SEC Form ADV.

L
Lance Armstrong
Managing Member
Source: SEC Form ADV
M
Melanie Strong
Managing Partner
Source: SEC Form ADV

Funds(5)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Next Optimized III, LPVenture Capital$304K——Dec 2024Cool
Next Optimized I, LPVenture Capital$43.4M$5.9M8Nov 2024Cool
Next Ventures II, LPVenture Capital$13.6M$23.5M21Nov 2024Cool
Next Ventures, LPVenture Capital$85.5M$51.4M80Jan 2021Cold
Next Optimized II, LPVenture Capital$42.3M———

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
309808
SEC file number
802-119082

Sources