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The Venture Codex

NextSeed

3 Greenway Plaza Suite 110, Houston, Texas, 77046, United States

Overview

NextSeed is an online fundraising and investment platform where any businesses can raise financing from any investors including non-accredited investors. The company is on a mission to connect businesses and individual investors to build vibrant communities across America. It was founded in 2014 by Abraham Chu, Robert Dunton, and Youngro Lee and is headquartered in Houston, Texas.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
4

Sector focus

  • Communities
  • Crowdfunding
  • Financial Services
  • FinTech
  • Funding Platform
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Investment portfolio

  • ChipMonk Baking

    Led · Equity · Jul 2020

    ChipMonk Baking Company produces healthier dessert products that use monk fruit and allulose as sweeteners for health-conscious consumers. The company was founded last year by co-founders Jose Hernandez and David Downing, who serves as CEO. Demand spiked during the pandemic, prompting an upgrade from shared kitchen space to a dedicated production facility. ChipMonk will operate in a 2,300-square-foot space at 3042 Antoine Dr used strictly for baking and storage and will not have a storefront; the lease begins next month. To fund growth, the company launched a campaign on NextSeed and met its $150,000 fundraising goal in a couple of weeks. The funds are intended to support scaling production in the new facility.

Team

  • Youngro Lee

    Founder and CEO

    LinkedIn
  • Robert Dunton

    Co-Founder, Chief Technology Officer

    LinkedIn
  • Abe Chu

    Co-Founder & Chief Marketing Officer

    LinkedIn
  • Tae Mi Lee

    CFO