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The Venture Codex

Next 3

New York, Lincolnshire, United Kingdom, Europe

Overview

Next 3 is a sports-focused venture capital firm that invests in brands, emerging technologies, and media companies intersecting with the sports ecosystem.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
3
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Investment portfolio

  • Premier Lacrosse League

    Participated · Series E · Jun 2026

    The Premier Lacrosse League is a men’s professional lacrosse league composed of eight teams in North America, founded and led by Paul and Mike Rabil. The league has an existing media-rights partnership with ESPN, which will also be a minority equity investor following the $100 million financing. Leadership says the funds will be used to build infrastructure to support growth through elite competition, broader distribution, increased youth participation, and a stronger professional ecosystem. The PLL is coordinating with the Women’s Lacrosse League on shared initiatives and plans to establish teams in Texas, with Glen Powell joining as a Creative Advisor to help those efforts. The league is positioning itself ahead of lacrosse’s return to the Olympics and has 2026 seasons slated to air on ESPN platforms and ABC.

Team