New Markets Venture Partners

New Markets Venture Partners

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Investment Firm

Overview

New Markets Venture Partners is a leading, early and growth-stage, double bottom-line investor based in the Washington, D.C. Metro Area. New Markets makes direct investments in transformative education and workforce technology companies, which leads to superior financial returns and positive social impact.

Each of our partners has many decades of investment and education experience. We maintain proprietary relationships with states, districts, universities and other centers of innovation that allow us to provide exceptional value to our portfolio companies. We help our companies succeed by adding value before, during, and after the investment process.

Highlights

Founded

2003

Industry

Information Technology

Employees

1-10

Investment

53

Lead Investment

20

Exits

15

Stages

Early Stage Venture, Late Stage Venture, Seed

Investor Type

Venture Capital

Location

Fulton, Maryland, United States, North America

Contact Information

Social

Profile Resume

New Markets Venture Partners, established in 2003 and headquartered in United States, North America., specializes in Early Stage Venture, Late Stage Venture, Seed investments across Internet, Real Time, Analytics, Venture Capital, Finance, Non Profit, Semiconductor, Manufacturing, E-Commerce, Advertising. The organization boasts a portfolio of 53 investments, with an average round size of $8.7M and 15 successful exits. Their recent investments include GEOIQ.COM, In-Q-Tel, Walker Ventures, Chart Venture Partners, ARPU. The highest investment round they participated in was $29.0B. Among their most notable exits are GEOIQ.COM and In-Q-Tel. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Mark Grovic

Mark Grovic

General Partner & Founder

imagePlace Robb Doub

Robb Doub

Co-Founder and General Partner

imagePlace Donald Spero

Donald Spero

General Partner

imagePlace Barbara Messina

Barbara Messina

Office Manager

imagePlace Jason Palmer

Jason Palmer

General Partner

imagePlace Brooks Taylor

Brooks Taylor

Analyst

Investment portfolio

New Markets Venture Partners has made 53 investments. Their most recent investment was on Oct 05, 2023, when Concentric Educational Solutions raised $5.0M.

New Markets Venture Partners has made 17 diversity investments. Their most recent diversity investment was on Jul 12, 2022, when Orijin, PBC raised $7.0M.

investments

53

Diversity investments

17

Lead investments

20

Number of exits

15

Investments

53

Annouced DateOrganization NameIndustryMoney Raised
Jul 12, 2022
Orijin, PBC Orijin, PBC
Information Technology7.0M
Sep 07, 2022
Nexford University Nexford University
SaaS8.0M
Jun 27, 2023
Datapeople Datapeople
Enterprise Software13.0M
Oct 05, 2023
Concentric Educational Solutions Concentric Educational Solutions
Education5.0M

Exits

15

Funding Timeline

Funding rounds

53

Investors

3

Funds

4

Funding Rounds

53

New Markets Venture Partners has raised 53 rounds. Their latest funding was raised on Oct 05, 2023 from a Series A - Concentric Educational Solutions round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 12, 2022
Series C - Orijin, PBC Series C - Orijin, PBC
-7.0M-
Sep 07, 2022
Series A - Nexford University Series A - Nexford University
-8.0M-
Jun 27, 2023
Series A - Datapeople Series A - Datapeople
-13.0M-
Oct 05, 2023
Series A - Concentric Educational Solutions Series A - Concentric Educational Solutions
-5.0M-

Investors

3

New Markets Venture Partners is funded by 3 investor(s). ACT and Lumina Foundation Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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