Case Study: Next Frontier Capital elevates regional investing with Harmonic

Next Frontier Capital elevates regional investing with Harmonic

Next Frontier Capital, an early-stage VC firm based in Bozeman, Montana, needed a better way to discover promising startups and founders across the Rocky Mountain region, especially at the stealth stage. With a small team covering a very large geography, the firm struggled to find companies before they were publicly announced and to surface founders operating through the right local networks. It turned to Harmonic and its search, lists, network mapping, and company and people data tools to improve sourcing.

With Harmonic, Next Frontier Capital was able to combine company and founder insights, build highly targeted searches, and maintain lists to monitor, exclude, or refine opportunities. The firm says it discovered at least one investment in its latest fund through Harmonic and that the platform helped it uncover Montana-connected founders that other tools missed. Harmonic also boosted productivity significantly: Next Frontier’s three-person sourcing team now operates with the efficiency of a team three to five times its size, and the product is described as being 10 times more efficient and 100 times more powerful than the firm’s manual process.

Next Frontier Capital

Les Craig

Partner