Next Horizon
Fund
What is over the Horizon for your business?
About Us
We are an
Early Stage Fund seeking to invest in vertical SaaS businesses following a thematic approach
Next Horizon Fund
is pursuing early revenue, capital efficient startups, with a tech focus, leveraging the strong, complementary backgrounds, deep cumulative experience and the historic working relationship of its Principals.
Focusing
on high growth optimization opportunities that, through the combination of top-line growth and rigid financial control of expenses can flourish from a P&L-Management-For-Growth strategy to excel through to Rule-of-40 performance.
THEMES
Life Care
Throughout life we benefit from Life Care products and services in all kinds of ways from childcare, to healthcare and through later-life care.
Target demographics of our fund include those of Retiring Age (e.g. Aging in Place) and Millennials.
Living
3rd parties support all our daily living requirements, from utilities, to transportation, field services, trading & logistics, housing and beyond.
This theme’s businesses often have a high GMV-to-Revenue ratio and less cyclical revenues.
Work Life
When not just living, we are spending a very large portion of our time working, and using tools such as EdTech, HRTech, Business Tech and Business Services.
Amongst these target companies Enterprise SaaS, and tech-enabled business services lead our searches.
Lifestyle
We eat, play, travel, attend, volunteer, exercise, compete and in so many other ways, use technologies, products and services to support our lifestyle.
Businesses aimed at this theme can have very high predicability of revenues and enjoy high margins.
Our focus:
Thematic Approach
Targets:
Within these 4 themes, target areas include B2B and Enterprise SaaS, Tech-Enabled Services, Business Services, Business Tech and FinTech.
The Economics
Our Focus: Economic Criteria
- EBITDA: $0k-$1m (>3 Qs profitable)
- Revenues: $1.5m-$20m (>75% recurring)
- Gross Margin: >80% preferred
- EBITDA Margin: <25% preferred
Our Focus:
Important to us!
- Team: Established & Talented
- Product: US-Centric with International Potential
- DNA: Low Engineering / GTM Ratio
Meet
the Team
John & Kara’s long-standing collaboration over the years is a testament to their mutual respect, trust, constant alignment, and shared successes in executing against common goals.
John Allen
Principal
Chief Executive Officer
Boulder, CO
As CEO, John has spearheaded successful early-stage ventures, growth stage and profitable EBITDA-positive businesses, in a broad range of verticals, in VC, FIO and PE backed projects.
Investor-appointed CEO for ($1-25m ARR) B2B platforms and tech-enabled services
Deal-team member - buy-side (1 platform and 6 bolt-ons) and sell-side M&As
Very strong on capital strategy, fundraising and GTM.
Considerable experience and success in B2B, B2B2B and B2-Channel, and OEM GTM
1 successful turnaround (now at 70% combined growth & margin, out-performing Rule of 40 significantly)
Kara Fagan
Principal
Chief Marketing Officer
Columbus, OH
Over the past decade, Kara has led high-performing cross-functional teams, innovative GTM strategies and executed on sustainable business growth for many SaaS products and platforms.
Strategic executor in diverse market landscapes, customer needs, and competition, crafting successful GTM strategies
Considered a thought-leader on best practices for revenue automation, and tech enabled GTM
Strong background in creating and executing multi-channel marketing strategies across multiple B2B SaaS companies
Led a top-tier Business Development team, creating impactful outreach campaigns to expand key partnerships
Next Horizon
Fund
Boulder, CO
Columbus, OH