HomeFinTechNextView Ventures: Closes its fourth fund with $89 million

NextView Ventures: Closes its fourth fund with $89 million

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  • NextView Ventures, a Boston-based venture capital fund, has raised an $89.6 million fund, according to SEC filings
  • The firm’s fourth fund, its largest to date, oversubscribed, with early documents indicating a $70 million goal
  • The NextView Ventures team did not immediately respond to the request for comment
  • The fund, which has offices in New York as well as Boston, invests in consumer and software-as-a-service enterprise startups at the pre-seed and seed stage
  • The firm invested $200,000 for an 8% equity stake in a number of pre-seed and seed startups focused on “the everyday economy.”
  • NextView’s new fund is yet another signal of the city’s ability to attract institutional investment
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