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Bio
Mark Grovic co-founded New Markets Venture Partners in 2003 and is a General Partner. Mark serves or has served on the Board of Directors for Fishtree, Graduation Alliance, Think Through Learning, MediaSolv (sold to Nasdaq: TASR), Lightningcast (sold to NYSE: TWX), Moodlerooms (sold to Blackboard) and Workspace.com. Mark also serves or has served as a board observer for Aldagen (sold to NASDAQ: CMXI), American Honors College, Andera (sold to NASDAQ: EPAY), Appfluent, BioSET (sold to Ferring Pharmaceuticals), Mashable, Overture Technologies, Paratek Microwave (sold to NASDAQ: RIMM), Questar Assessment and Vision Chain. Mark also co-founded LifeJourney, an online educational company that allows students to test drive real life careers in specific corporations.
Mark has been investing in high growth companies since 1992. Prior to New Markets, Mark was a Portfolio Manager for the Small Enterprise Assistance Funds (SEAF), a $200 million managed emerging market venture capital company, Director of Estonia-based Baltic Small Equity Fund, a Co-Founder and Principal of the Templeton Emerging Europe Fund, as Principal of Templeton Direct Advisors, and a Portfolio Manager of Private Equities at the Calvert Group.
Mark is a Senior Advisor to University of Maryland University College (UMUC), advising on corporate development and entrepreneurship, and a Senior Lecturer at the R.H. Smith School of Business at the University of Maryland, where he has taught a Private Equity Clinic for the last 15 years. Previously, he was VC-in-Residence at the Smith School and Deputy Director of the Dingman Center for Entrepreneurship. He has earned three awards for his instruction at UMD and at Howard University, plus a fellowship awarded for the innovative use of technology in the classroom.
Mark helped to found and served as Board Director of the Baltimore Chapter of the Network for Teaching Entrepreneurship (NFTE), is Board Chair at Emerson Preparatory High School in Washington, D.C. and serves as on the board of Partners for Affordable Excellence. He is a member of the Industry Advisory Council for the American Public University System and of the Innovation Advisory Board for the Lumina Foundation. Mark is also a member of the Washington Baltimore chapter of the Young Presidents Organization.
Mark graduated with Honors from the University of California, Berkeley, where he majored in political economies and received a Juris Doctor from the Georgetown University, where his focus was in international, tax, and corporate law. Mark has also completed graduate work in accounting and finance at the George Washington University and Pace University, and completed the Private Equity and Venture Capital Executive Program at Harvard Business School. Mark lives in Silver Spring, MD with his wife and two children and is a mediocre musician and triathlete.
Location
Washington, District of Columbia, United States, North America
Social
Primary Organization
2003
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20
15
1-10
Information Technology, Venture Capital, FinTech, Education, Corporate Training
Jobs history
4
Howard University
Professor of International Business
2000 - 2002
SEAF
Portfolio Manager
1999 - 2001
Franklin Templeton
Principal Templeton Direct Advisor
1995 - 1997
Calvert Social Venture Partners
Portfolio Manager
1993 - 1995
Board and Advisor Roles
15
Concentric Educational Solutions
Board Member
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Orijin, PBC
Director
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Jefferson Education Accelerator
Investment Committee Member
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PAIRIN
Board Observer
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Noodle
Board Observer
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Mashable
Board Observer
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Appfluent Technology
Board Observer
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Andera
Board Observer
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American Honors
Board Observer
Invalid date - Current
Aldagen
Board Observer
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MediaSolv Solutions Corporation
Board Director
2009 - 2015
Fishtree
Board Director
2014 - Current
Credly
Board Director
2016 - Current
Graduation Alliance
Board Director
2012 - Current
Think Through Learning
General Partner, New Markets Venture Partners
Invalid date - Current
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Profile Resume
Mark Grovic is the General Partner & Founder at New Markets Venture Partners, based in United States, North America. With a background in Information Technology, Mark Grovic has a rich history of leadership and innovation. Mark Grovic studied JD Juris Doctor @ Georgetown University. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.
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Investment portfolio
1
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Personal investment
0
There is no personal investment available on this profile
Partner investment
7
Annouced Date | Organization Name | Funding Round | Investor Name | Money Raised |
---|---|---|---|---|
Sep 13, 2017 | Credly | Seed Round - Credly | New Markets Venture Partners | 4.6M |
Apr 24, 2019 | Credly | Series A - Credly | New Markets Venture Partners | 11.1M |
Jul 12, 2022 | Orijin, PBC | Series C - Orijin, PBC | New Markets Venture Partners | 7.0M |
Oct 05, 2023 | Concentric Educational Solutions | Series A - Concentric Educational Solutions | New Markets Venture Partners | 5.0M |
Exits
0
There is no exit available on this Profile
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