Polymerization of (meth)acrylate resins upon near‐infrared (NIR) light remains a huge challenge. In this study, a new photoinduced method of polymerization of methacrylic monomers is presented, originally merging a photochemical and a photothermal pathway. A four‐component system is proposed comprising an NIR dye combined with an iodonium salt, a phosphine, and a thermal initiator. A selection of dyes is suggested regarding electron transfer properties and/or light‐to‐heat conversion abilities. Several thermal initiators are studied: an alkoxyamine (BlocBuilder MA), an azo derivative, and a peroxide. For the first time, an NIR absorbing dye is used in photopolymerization using both its capacities of light‐to‐heat conversion and its ability to initiate an electron transfer reaction. Three wavelengths of irradiation will be presented here: 785, 940, and 1064 nm. These long wavelengths are challenging because the energy of photons is extremely low but these wavelengths offer significant advantages in term of light penetration (e.g., for the access to composites through photopolymerization processes). The different systems presented here exhibit high and rapid conversions of methacrylate functions. The underlying chemical mechanism will be fully depicted by real‐time Fourier transform infrared spectroscopy and thermal imaging measurements.