Next Coast Ventures, LLC
Providing ambitious future CEOs with the capital, technology, and operational support they need to fulfill their dreams of growing a great business.
In the firm's own words, from its website.
7 additional team members, 7 additional investments, funds and LPs, 8 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days.
People to know
View all people- DirectorWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Relationship network
25 connected entities3 observed rounds2 dated rounds shown here, 2022 to 2023
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to Next Coast Ventures, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to Next Coast Ventures, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
4 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| The Future of Bookkeeping | portfolio listing | lead | unknown | unknown | unknown | Sep 23, 2026 | Fact Company website |
| Street Smarts VR Inc. | Form D equity offering | unknown · board | Michael Anthony Smerklo (strongly supported) | $10.0M form d sold | unknown | Apr 19, 2023 | Inference Form D |
| Hip eCommerce, Inc. | Form D equity offering | unknown · board | Michael Anthony Smerklo (strongly supported) | $1.0M form d sold | unknown | Mar 16, 2022 | Inference Form D |
Stated thesis versus observed behaviour
- Sectors
- space
- Stages
- not stated or not yet read
- Geography
- austin
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
11 current, 1 departed
Decision makers
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Member · 3 deals attributed
- Managing Member
- Director
1 departed (kept with end dates)
- Jonathan B. Kaplan · Chief Compliance Officer / Chief Operating Officer · Jul 1, 2019 to May 8, 2024 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
9 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Next Coast Eta Entrepreneurs Fund I, L.P. | Fund · ADV: Private Equity Fund | 2023 adv first reported | Active deployment | $1.3M May 14, 2024 | 13 | unknown | unknown |
| NCV Select I, L.P. | Growth fund | 2022 adv first reported | Active deployment | $45.0M Apr 30, 2026 | 48 | $0 of $50.0M | Dec 20, 2021 |
| NCV Entrepreneurs Fund III, L.P. | Fund | 2022 adv first reported | Active deployment | $7.2M Apr 30, 2026 | 72 | unknown | unknown |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
2 co-investors · on 2 other DFX graphs
Co-investors
- 2026-09-231 shared deal · one time · this firm led 1
- 2026-09-231 shared deal · one time · this firm led 1
Across DFX and the capital chainon 2 other DFX graphs ShowHide
- The same institution is held on Private Equity, RIA and Wealth, matched by identifier. See which records
Next Coast Ventures, LLC is the same institution as 2 records in Private Equity and RIA and Wealth.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Evidence and history
13 dated events, 66 observations from 4 sources
Timeline
- May 8, 2024Jonathan B. Kaplan (Chief Compliance Officer / Chief Operating Officer) no longer on Schedule A of Next Coast Ventures, LLC
- May 1, 2024Kaitlyn Debernardo joined Schedule A of Next Coast Ventures, LLC as Chief Compliance Officer/ Chief Operating Officer
- Mar 29, 2023Next Coast Eta Entrepreneurs Fund I, L.P. first reported on Form ADV by Next Coast Ventures, LLC (Private Equity Fund), GAV $1,202,179
- Jun 23, 2022NCV Entrepreneurs Fund III, L.P. first reported on Form ADV by Next Coast Ventures, LLC (Securitized Asset Fund), GAV $7,650,000
- Mar 29, 2022NCV Select I, L.P. first reported on Form ADV by Next Coast Ventures, LLC (Venture Capital Fund), GAV $23,151,020
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 30, 2026 · 7 private fundsShowHide
- Headquarters
- Austin, TXadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- nextcoastlegacy.com
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Apr 30, 2026
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $430Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $586Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 12
Classification history
Classification history
Every classification this record has carried4 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $472M
- Sep 15, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $403M
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%)Both early and growth/opportunity families, reported GAV $232M
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $232M
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC exemption, VC funds reported | Apr 30, 2026 | Fact | Form ADV |
| SEC exemption claimed | Venture capital fund adviser | Apr 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 30, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | May 14, 2024 | Fact | Form ADV |
| First Form ADV filing | 2016-05-26 | Apr 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2016-05-26 | May 14, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-30 | Apr 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-30 | Apr 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-05-14 | May 14, 2024 | Fact | Form ADV |
| SEC status | ERA - Active | Apr 30, 2026 | Fact | Form ADV |
| SEC status effective | 2026-04-30 | Apr 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | May 14, 2024 | Fact | Form ADV |
| Business phone | Apr 30, 2026 | Fact | Form ADV | |
| Business phone | May 14, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | Firm website | |
| Description | Sep 16, 2026 | Fact | Firm website | |
| Employees | 12 | May 14, 2024 | Fact | Form ADV |
| Headquarters | Austin, TX | Apr 30, 2026 | Fact | Form ADV |
| Headquarters | Austin, TX | May 14, 2024 | Fact | Form ADV |
| Office address | Apr 30, 2026 | Fact | Form ADV | |
| Office address | May 14, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Apr 30, 2026 | Fact | Form ADV |
| Portfolio page | Sep 16, 2026 | Fact | Firm website | |
| Private funds reported | 7 | Apr 30, 2026 | Fact | Form ADV |
| Private funds reported | 7 | Apr 30, 2026 | Fact | Form ADV |
| Private funds reported | 9 | May 14, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $430M | Apr 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $430M | Apr 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $403M | May 14, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $586M | May 14, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 24, 2026 | Fact | Form ADV |
| Stated geography | austin “geography words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Stated sectors | space “sector words on the home page” | Sep 16, 2026 | Fact | Firm website |
| Team page | Sep 16, 2026 | Fact | Firm website | |
| Venture funds reported | 7 | Apr 30, 2026 | Fact | Form ADV |
| Venture funds reported | 7 | Apr 30, 2026 | Fact | Form ADV |
| Venture funds reported | 7 | May 14, 2024 | Fact | Form ADV |
| Website | Sep 12, 2026 | Fact | Form ADV | |
| Website | Apr 30, 2026 | Fact | Form ADV | |
| Website | May 14, 2024 | Fact | Form ADV | |
| Website resolved domain | nclpartners.com | Sep 16, 2026 | Fact | Firm website |
| Website resolved domain | nclpartners.com | Sep 14, 2026 | Fact | Firm website |
| Site title | Sep 16, 2026 | Fact | Firm website |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmedShowHide
Both early and growth/opportunity families, reported GAV $472M
- importance
- gav: 0.51 · funds: 0.75 · people: 0.2 · investments: 0.22 · co investors: 0.12
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 9 · reported gav: $472M · first adv filing: 2016-05-26 · years since first filing: 10.3
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2016-05-26source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.