Next Coast Ventures is an Austin, TX based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets.
Founded by General Partners Michael Smerklo and Thomas Ball, Next Coast Ventures provides early-stage capital to high-growth startups in ‘Next Coast’ markets, using macro trends and themes to guide their investment strategy. In partnering with Next Coast, the fund provides hands-on, company building resources to its growing portfolio through its strong industry network, venture partner program and the founders’ own experiences as entrepreneurs. Media industry investments include Backtracks and Localfluence.
In November, 2019, Next Coast Ventures announced that it has closed a $130MM fund.1