# Next Frontier Capital

> Transforming the frontier. Founding the future. Next Frontier Capital (NFC) is an early-stage venture capital firm backing founders building at the intersection of American innovation and national competitive advantage — across AI infrastructure and applications, defense and cybersecurity, fintech, energy, and deep tech. NFC practices disciplined, high-conviction venture investing, leads early rounds, and supports founders through the defining moments that follow.

Next Frontier Capital was founded in 2015 and invests nationally from a foundation in the Rocky Mountain West. The firm's thematic focus and founder relationships let it compete for the best companies anywhere, while deep ties to a regional ecosystem known for technical talent, frontier engineering, and capital-efficient execution ensure it never misses exceptional founders building in its own backyard. NFC is headquartered in Bozeman, Montana, with additional offices in Boulder, Colorado and Park City, Utah.

NFC leads early rounds, joins boards, and aims to be the first call founders make — not only when things are going well, but when the stakes are highest. Founded by former operators and investors, the firm emphasizes hands-on support, candid counsel, and long-term partnership. Its mission is to help founders build durable companies of impact, utility, and value.

## Focus sectors
- AI Infrastructure & Applications — the infrastructure and software powering the modern AI economy.
- Defense & Cybersecurity — software and software-enabled systems addressing national security and critical infrastructure.
- FinTech — the systems and infrastructure behind how capital is priced and how transactions and data move.
- Energy — technologies powering and modernizing critical energy systems.
- Deep Tech — emerging, often physical-world technologies that shape infrastructure and national capability.

## What NFC looks for
Mission-driven founders with a strong track record of execution; referenceable customers and strong proof of principle in the core product (no strict revenue thresholds); and founding teams that welcome active board involvement. NFC typically seeks double-digit ownership on entry. While always keeping an open mind, NFC is not actively pursuing investments in every business vertical.

## Why founders choose NFC
- Earned conviction — NFC has backed founders in deep tech, machine learning, defense, and critical infrastructure since its first fund in 2015, well before these became consensus venture themes.
- Cross-functional depth — the team combines quantitative capital-markets investing, growth-stage venture, hands-on company building, and firsthand defense and government experience.
- A partner for the hard moments — NFC builds trust early so candid conversations can happen when the stakes rise, bringing steady perspective and sharing the weight of pivotal decisions.

## Key pages
- [Home](https://nextfrontiercapital.com/): Firm overview, sectors, and portfolio highlights.
- [About](https://nextfrontiercapital.com/about): NFC's story, team, and approach to founder partnership.
- [Portfolio](https://nextfrontiercapital.com/portfolio): The full, current list of NFC portfolio companies.
- [Pitch Us](https://nextfrontiercapital.com/pitch-us): Investment criteria and how founders can submit their company for consideration.
- [Portfolio Careers](https://jobs.nextfrontiercapital.com/companies): Open roles across NFC portfolio companies.

## Representative portfolio companies
(See the Portfolio page for the complete and current list.)
- [Reveal](https://revealtech.ai): Veteran-led dual-use defense company building AI-powered geospatial software for the tactical edge.
- [Bridger Photonics](https://www.bridgerphotonics.com/): Gas Mapping LiDAR for methane emission detection in oil and gas.
- [King Energy](https://www.kingenergy.com/): Solar energy systems for multi-tenant commercial properties.
- [Gravwell](https://www.gravwell.io/): Data ingestion and analytics at scale for security and operations.
- [401GO](https://401go.com/): Automated, affordable 401(k) retirement plans for small businesses.
- [mpathic](https://mpathic.ai/): AI for analyzing communication and emotion in human-facing interactions.
- [TwinThread](https://www.twinthread.com/): Predictive maintenance and operational optimization using machine learning.
- [Paramify](https://paramify.com/): Security and compliance automation, streamlining authorization and continuous compliance for regulated environments.
- [onX](https://www.onxmaps.com/): Mapping and navigation apps for outdoor recreation and land access.
- [Submittable](https://www.submittable.com/): Submission and grant management platform.

## Contact
- General inquiries: info@nextfrontiercapital.com
- Bozeman (HQ): 544 E Main Street, Suite A, Bozeman, MT 59715
- Boulder: 1801 13th St, Suite 302, Boulder, CO 80302
- Park City: 1090 Center Dr, Park City, UT 84098
- LinkedIn: https://www.linkedin.com/company/next-frontier-capital/

## Optional
- [Found in the Rockies (podcast)](https://open.spotify.com/show/008tj2TJopaVUb1JxdNyVQ): NFC's podcast on building companies in the Mountain West.
- [Inspired By Example (podcast)](https://open.spotify.com/show/3QmRDvPwUDGLjlxtDxffet)
- [NFC Newsletter](https://www.linkedin.com/newsletters/6751940795525324800/)