NextEquity Partners Welcomes Alok Pandey as Venture Partner

MENLO PARK, CA - January 8, 2025 - NextEquity Partners, a prominent mid-stage growth investment firm founded by former Apple and Elevation Partners executives, is pleased to announce the addition of technology industry veteran Alok Pandey to its investment team as a Venture Partner.

Bringing a wealth of operating and investing experience in the technology sector, Alok most recently served as Chief Executive Officer of Clubspeed, a growing and profitable, private equity-backed vertical software and payments company based in Irvine, California. Prior to his tenure at Clubspeed, he was Chief Financial Officer of Twingate, a venture capital-backed cyber security software business located in the San Francisco Bay Area. Alok also previously held the role of Vice President of Finance and Corporate Development at Pango, a cybersecurity software company that was acquired by Aura in 2020, backed by Accel, 8VC, Signalfire, Wndrco, and other leading venture capital investment firms.

Before transitioning into operational roles within technology companies, Alok served as a Vice President and senior investment professional at Vector Capital, a global private equity firm with over $4 billion in assets under management. His early career included positions as an investment professional at Technology Crossover Ventures (TCV), which manages over $20 billion, and as a technology-focused investment banker at JP Morgan.

“I am thrilled to join this exceptional team at NextEquity Partners," said Pandey. "Throughout my career I have been focused on collaborating with and nurturing growth-stage technology companies, and I have deep respect for Avie, Fred, Adam, and Rami, who are outstanding operators and investors. I’m eager to partner with them and the broader team.”

NextEquity Partners backs innovative enterprise software and consumer technology companies for their next phase of growth, typically when they are generating annual revenues between $10 million and $50 million. The firm draws upon its principals’ deep technology, operating, and private investment experience managing or investing in companies such as Apple, Airbnb, Sonos, Venafi, Arctic Wolf, and SentinelOne.

“Alok's impressive track record spans over 14 years in private equity and venture capital, with extensive operating and investing experience in the technology sector. His addition to our team is an exciting step as we pursue our next growth phase,” said Rami Reyes, Co-Founder and Managing Director of NextEquity Partners. “Having known Alok both personally and professionally for over 15 years, I firmly believe that his collaborative spirit and substantial experience will resonate with the founders and management teams we partner with.”