# CTNext

CTNext is an other based in New Haven, United States.

## Overview

- **Organization type:** other
- **Headquarters:** New Haven, United States
- **Region:** North America
- **Address:** New Haven, CT, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** ctnext.com
- **LinkedIn:** https://www.linkedin.com/company/ctnext

## Regulatory record

- **Reports private funds:** No

## About

Connecticut's catalyst for entrepreneurship and innovation | CTNext is investing in the future of Connecticut businesses and the people shaping them. Our goal is to drive the success of a deeply innovative ecosystem that generates equitable, sustainable and prosperous companies and jobs for the people of Connecticut.

## Sectors

- Enterprise Software
- AI/ML
- Digital Health
- ClimateTech
- Industrial Tech

## People

- Timothée Leung — Chief Operating Officer
- Patrick O'Broin — Vice President of Finance and Operations

## Questions

### What types of investments did CTNext make?

CTNext made direct equity co-investments alongside venture capital firms, primarily in early-stage Connecticut-based companies. Its portfolio spanned enterprise software, digital health, climate tech, and industrial technology. It did not make fund commitments or participate in secondaries.

### How large was CTNext's total deployment?

By mid-2021, CTNext had deployed over $50 million into approximately 110 companies (per Hartford Business Journal, 2021). Its annual investment rate varied significantly based on state appropriations.

### Who controlled investment decisions at CTNext?

Investment decisions were overseen by CTNext's board of directors, which included appointees from the governor, state legislature, and private-sector members. The COO, Timothée Leung, and VP Patrick O'Broin managed day-to-day operations.

### What was CTNext's relationship with venture capital firms?

CTNext operated as a co-investor alongside private VC firms. It provided matching capital to startups that had secured private lead investors, aiming to reduce the funding gap for Connecticut-based companies. Its portfolio included companies with backing from firms like Connecticut Innovations and local angel groups.

## Related profiles

- [NSFocus](https://altss.com/profile/nsfocus)
- [LOGIX Communications](https://altss.com/profile/logix-communications)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ctnext

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