Next Level Ventures was honored by LWBJ (lwbj.com) at the 13th Annual Prometheus Awards with the “LWBJ Impact Award”.
The LWBJ Impact Award recognizes outstanding individuals or organizations who have made a significant impact to the growth, success and sustainability of Iowa’s technology culture and industry.
LWBJ Senior Partner JD Geneser presented Next Level Ventures with the award. He said: “Since launching in 2014, Next Level has raised $40 million to invest exclusively in Iowa technology companies. To date, Next Level has invested $26 million in 11 Iowabased companies. Following these initial investments, Next Level portfolio companies have attracted more than $50 million in additional co-investments, produced annual revenues exceeding $54 million, and generated more than 100 new Iowa jobs paying twice the median wage.”
The Technology Association of Iowa Prometheus Awards celebrate Iowa’s brightest technology innovators and entrepreneurs. The 2018 awards were presented before an audience of nearly 1,000 Iowa business and technology leaders at the Community Choice Credit Union Convention Center in Des Moines.