Next Play Capital is a minority-owned venture investment firm founded in 2014, headquartered in Redwood City, California. The firm focuses on investing in access-constrained venture funds and venture-backed companies across sectors, stages, and geographies. With $425 million in assets under management, Next Play Capital leverages a diverse and strategic investor base, including institutions, family offices, team owners, entertainers, and sports luminaries, to gain access to leading venture investors and creators.

The firm's diversified flagship structure is complemented by direct investment strategies via dedicated funds and special purpose vehicles (SPVs). Since its formation, Next Play Capital has invested with 34 general partners and 54 companies.