Next47 is a global venture firm investing in early and expansion-stage companies across SaaS, AI, and enterprise technology.
Portfolio
2
companies
Blink
Blink operates a mobile first employee experience platform for frontline workforces.
Encord
Encord builds AI native data infrastructure designed for physical artificial intelligence systems.
Daniel Kirchleitner
Partner
T.J. Rylander
General Partner
The Series B round was led by Next47 with participation from Y Combinator, CRV, and Crane Venture Partners.
"In 10 years, every company will have an AI department in the same way that they have an IT department today or risk losing relevance, and Encord will be the only platform they need to accomplish the process of turning data into functional AI models,"
The financing round was led by Next47 with participation from Partech, pushing the company valuation to $100m.
"This new investment fuels the scaling of Blink’s all-in-one employee retention platform in the midst of a global recruitment crisis. As labour shortages hit industries with historically high staff turnover, such as healthcare, it’s clear that wages aren’t the only factor driving employees away. Using Blink has become a competitive advantage in the battle for talent, with organizations using the app to attract and retain their frontline workforce."
