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NextStage Capital
NextStage Capital is an early stage venture capital fund based in Philadelphia. It focuses on financing start-up technology companies in the Mid-Atlantic...
NextStage Capital
NextStage Capital is an early stage venture capital fund based in Philadelphia. It focuses on financing start-up technology companies in the Mid-Atlantic region. The firm has made 43 investments, including a Series B investment in Sidecar Interactive on November 20, 2015.
General information
Firm type
Private Equity
Year founded
2003
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Audubon
Corporate office
Audubon, PA, United States
Sector focus
Frequently asked questions
Who makes investment decisions at NextStage Capital?
Dan McKinney, a co-founder of the firm, serves as managing partner and leads investment decisions. His background in early-stage Mid-Atlantic technology investing shapes the firm's sourcing and portfolio-construction approach. No additional named investment partners are currently disclosed in public records.
What is NextStage Capital's geographic focus?
NextStage concentrates exclusively on the Mid-Atlantic region, particularly the Greater Philadelphia-to-New York corridor. The firm's sole office in Audubon, Pennsylvania, positions it to source deals from technology clusters that receive less attention from coastal venture funds, creating a localized information advantage.
Does NextStage Capital lead rounds or participate as a co-investor?
NextStage typically acts as a seed or Series A investor and can serve as lead or co-investor depending on the syndicate. The firm's check sizes, often cited in the $250,000-to-$1 million range, position it as an early participant in rounds that may also include regional angel groups and other small institutional funds. Public records do not detail specific syndication preferences.
What sectors does NextStage Capital target?
The firm is sector-agnostic within technology but has historically concentrated on enterprise software, fintech, and digital health. NextStage does not publicly exclude specific sectors, though its portfolio composition reflects the strengths of the Mid-Atlantic innovation base, including B2B SaaS and health-IT companies.
Is NextStage Capital still actively investing?
NextStage remains operational from its Audubon headquarters, though the firm has not publicized recent fund closes or new portfolio additions. Its investment cadence and current fund status are not publicly detailed, which is consistent with a private early-stage firm that does not routinely issue press releases.
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