Fundraising Fox
Fulton · Seed–Growth · 9 people tracked
Also known as NMGF MANAGEMENT, LLC
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Investment thesis
New Markets Venture Partners backs growth-stage, mission-driven companies in the education and workforce technology sectors, operating on the belief that positive social impact can generate market-rate returns. It focuses on bridging gaps between education and employment through investment areas such as 21st century skills, workforce preparation, alternative education pathways, and the future of work. The firm invests at Series A and beyond, seeking companies with demonstrated product/market fit, high gross margins, scalable and fast-growing business models, experienced teams, and proven efficacy. It emphasizes measurable social impact serving low-income, minority, and underserved students and workers.
Source: firm website, verified Sep 29, 2026.
Team · 9 people
from the firm's website & public directories
Founder mafia
3 people who came through New Markets Venture Partners went on to found or lead other companies.
What they invest in
from 33 of 74 portfolio companiesEdTech ×23SaaS ×10AI & Machine Learning ×7Enterprise Software ×7Future of Work ×7HR Tech ×5Fintech ×4Impact & Social Good ×3
HQs:United States×34
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×92 founders×43 founders×1
What their founders studiedfrom 10 founders with field-of-study data
Business & Management ×4Politics & Policy ×3
Investments · 74 tracked
founders shown can be your intro pathBy year:2025 · 32023 · 22022 · 42021 · 12020 · 22019 · 32018 · 42017 · 22016 · 12015 · 22014 · 22012 · 229 dated
DataPeople provides a hiring platform that helps hiring managers define roles, collaborate with recruiters, and publish job descriptions using AI-powered templates and best practice libraries.
AI & Machine LearningFuture of WorkHR TechSaaS
Co-investorsGreatPoint VenturesFirst Round CapitalMana VenturesNextView VenturesUncork CapitalFOG Ventures+3 more
New York, US
Christopher Byrnes Grewe(Chief Executive Officer)Cynthia A. McLaughlin(President, Consumer Division)Jeffrey E. Rubenstein(Chief Product Officer)Arti Vera Finn(Executive Officer, Director)
Board seatMark GrovicMark L. Grovic· per SEC Form D · $3.5M raise · filed Dec 2018
Credly offers a digital credentialing network and scientifically-validated employability assessments that help organizations source, evaluate, and rank job candidates for skills-based hiring.
EdTechFuture of WorkHR TechSaaSNew York, US
Jonathan Finkelstein(Executive Officer, Director)
BoardRyan Craig(Director)Susan Ganz(Director)Robert Whelan(Director)John Yates(Director)
Board seatMark Grovic· per SEC Form D
Regent Education provides cloud-based financial aid management software that helps colleges and universities automate scholarship allocation, streamline enrollment, and manage complex aid scenarios.
Cloud ComputingEdTechEnterprise SoftwareFintechSaaSFrederick, US
Alan Fishman(Executive Officer)inJim Hermens(Chief Executive Officer)inCindy Srun(Executive Officer)inRandy Jones(Executive Officer, Director)inRon Dinwiddie(Chief Product Officer)inKatie Blot(Vice President, Delivery Services)
Board seatRobb Doub· per SEC Form D
Co-investorsChrysalis Ventures3TS Capital Partners
EdTechEnterprise SoftwareSaaSAlexandria, US
Brian Kathman(Executive Officer, Director)Ralph Joseph Passarella(Director)in
BoardRobert Proctor(Director)
Board seatJason Palmer· per SEC Form D
Co-investorsAsset Management CompanyFigure 8 InvestmentsThe Riverside Company
Acceleration Academies offers a flexible, supportive high school program for students across the United States.
EdTech
App Academy is a coding bootcamp that trains people with no prior experience to become software engineers, offering programs in software engineering, data analytics, cybersecurity, and quality assurance.
EdTechFuture of Work
Co-investorsAllied Venture PartnersUpVentures CapitalVibe Capital
BetterLesson provides instructional coaching and professional development services to K-12 school districts, focusing on curriculum implementation, distance learning adaptation, and educator capacity building.
EdTechCambridge, US
Alexander Grodd(Executive Officer, Director, Promoter)Erin Osborn(Executive Officer)in
BoardJennifer Carolan(Director)inVinay Seth Mohta(Director)in
Co-investorsNew Ground VenturesOwl VenturesBonsal Capital
Censia provides an AI-powered skills intelligence layer that enriches employee and job profiles with inferred and validated skills data for enterprise HR teams.
AI & Machine LearningEnterprise SoftwareHR TechSan Francisco, US
Joanna Riley(Co-Founder and CEO)inTim Johnson(Co-Founder and Chief Operating Officer)inBruce Cooper(Co-Founder and Chief Engineering Officer)inMonica Bua(President, Executive Intelligence)inGreg Tomb(President)inBurges Karkaria(Chief Technology Officer)in
Co-investorsCXO FundMerus CapitalStreamlined VenturesWorkday Ventures
Civitas Learning provides a data analytics and student success platform for colleges and universities, enabling institutional leaders and student-facing staff to make data-informed decisions to improve student outcomes and retention.
AI & Machine LearningData & InfrastructureEdTechEnterprise SoftwareAustin, US
Mark Milliron(Founder)inCharles Thornburgh(Founder)inScott Chamberlain(Executive Officer)in
BoardSantiago Subotovsky(Director)Adam Dell(Director)Richard Segal(Director)
Co-investorsElsewhere PartnersEmergence Capital PartnersEscalate Capital PartnersFrancisco PartnersHigh AlphaSJF Ventures+3 more
Climb Credit provides financing and loans for students enrolling in skills-based training programs such as tech bootcamps, healthcare, education, and truck driving.
EdTechFintechImpact & Social GoodNew York, US
Vishal Garg(Director)Alexander Rafael(Executive Officer, Director)Raza Munir(Cofounder)Casey Powers(CEO)inAmit Sinha(Executive Officer, Director)Nicholas Calamari(Executive Officer, Director)
Co-investorsChaos VenturesCorazon CapitalNewfund CapitalSprint VcThird PrimeTwo Culture Capital+6 more
Coding Temple is a coding bootcamp offering accelerated programs in software engineering, cybersecurity, data analysis, and quality assurance for career switchers with no prior experience.
EdTechItasca, US
Evan Shy(Executive Officer, Director)
BoardRyan Taylor(Director)Mark Grovic(Director)inMark Chernis(Director)inAlan Todd(Director)
CreatorUp runs a marketplace that connects organizations with trained and certified creative talent to produce video content such as online lessons, virtual tours, live-streamed events, and product launches.
AI & Machine LearningCreator EconomyMarketplacesMedia & EntertainmentSaaSLos Angeles, US
Sara Akhteh(Founder)in
Co-investorsMetavallon VCGaingelsLearnStart
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RejuvenAir, developed by CSA Medical, is a bronchoscopic cryosurgical device that sprays metered doses of liquid nitrogen to destroy damaged airway cells and treat the underlying cause of COPD with Chronic Bronchitis.
HealthtechMedical DevicesLutherville, US
Ellen Sheets(Executive Officer, Director)inIan J. Vawter(Executive Officer)Steven Schaefer(Executive Officer)inWilliam Floyd(Executive Officer, Director)inVincent Owens(Director)Richard Kent(Director)
Co-investorsAscension VenturesFirst AnalysisSV Health InvestorsBlue Heron CapitalTVM CapitalTVM Capital Life Science
EdSurge is an editorially independent digital news site covering education topics including edtech innovation, teaching practices, student engagement, and AI in education.
EdTechMedia & Entertainment
Co-investorsImagine K12Learn CapitalNewSchools Venture FundOmidyar NetworkReach Capital
Chevy Chase, US
Terry Nealon(Executive Officer)Jim Butler(Executive Officer)
Co-investorsBanvestRecruit Holdings
Graduation Alliance provides diploma completion and career exploration programs for youth and adults in partnership with schools, community colleges, and workforce agencies.
EdTechImpact & Social Good
Co-investorsMeyer VenturesSorenson Impact Foundation
K2 Integrity provides advisory and investigative services in financial crimes risk management, investigations, monitoring, cybersecurity, virtual asset advisory, and training and certifications.
Crypto & Web3CybersecurityFintech
Jeremy M. Kroll(Founder)in
Co-investorsBessemer Venture PartnersRRE Ventures
Knack operates a peer-to-peer learning platform that connects colleges and universities with high-achieving students to provide academic tutoring while offering student tutors paid, flexible employment.
EdTechMarketplacesSaaSBarrington, US
Megan Dusenbery(Chief Executive Officer)inWilliam Daugherty(Director)Charles Sanger Mellen(Executive Officer, Director)Lawrence Lein(Director)
Co-investorsBisk VenturesElysium VenturesElysium Venture CapitalMiami AngelsPrecursor VenturesSecond Avenue Partners+1 more
LearnPlatform is a for-benefit research organization that provides an integrated platform and evidence evaluation engine for K-12 school districts, states, and education technology providers to assess, implement, and optimize education solutions.
CybersecurityEdTechGovTechSaaSRaleigh, US
Co-investorsEdovate CapitalTechstars
Mantra Health provides mental health and wellness services for students, partnering with higher education institutions to offer clinical care, crisis management, and wellness programs.
Digital HealthEdTechHealthtechMental HealthNew York, US
Edouard Gaussen(Executive Officer, Director)Ed Gaussen(Cofounder)Matthew Kennedy(Executive Officer)
Co-investorsAlumni VenturesBaleon CapitalCity LightHOF CapitalTwelve Below
Motimatic combines creative, media, and technology to improve marketing funnel performance for organizations, aiming to drive audience action, engagement, and measurable outcomes.
AdTechMarketing TechSaaSSan Francisco, US
Alan H. Tripp(Executive Officer, Director)in
Co-investorsCity LightGSV VenturesMichelson 20MM Foundation
Mursion provides simulation-based training that uses interactive scenarios to build interpersonal and customer-service skills for enterprise workforces.
EdTechEnterprise SoftwareFuture of WorkSan Francisco, US
MARK ATKINSON(Executive Officer, Director, Promoter)inJULIE MIKUTA(Director)JOANNA REES(Director)in
Co-investorsFigure 8 InvestmentsJuvo VenturesMatterScale VenturesMaverick Ventures
NaturAll creates fresh, refrigerated plant-based haircare and beauty products with natural, ethically-sourced ingredients.
ConsumerDirect to ConsumerFoodTechWellness & FitnessPhiladelphia, US
Muhga Eltigani(Founder)inSam Roberts(COO)
Co-investorsNew VoicesY Combinator
Nexford University is an accredited online university offering competency-based bachelor's and MBA programs designed around employer-demanded skills, with lower tuition and faster, flexibly paced graduation than traditional institutions.
AI & Machine LearningEdTechImpact & Social GoodWashington, US
Co-investorsAngaza CapitalBisk VenturesDoha Tech AngelsFuture AfricaFuture of Learning FundGlobal Ventures+2 more
Nexford University offers online MBA and Master's degree programs in finance, data analytics, digital transformation, and AI technology management, alongside bachelor's and associate degrees with AI specialization.
AI & Machine LearningEdTech
Co-investorsAMK Investment OfficeCapria VenturesFuture AfricaFuture of Learning FundGlobal VenturesLearn Capital
Noodle partners with universities to design, build, and manage online and hybrid degree programs.
AI & Machine LearningDeveloper ToolsEdTechEnterprise SoftwareSaaSNew York, US
John Katzman(CEO)inRanjan DanielsKeri Hoytin
BoardNelson C. Baker, Ph.DJames DeVaneyEddie Maloney
Co-investors500 GlobalGreat Oaks Venture CapitalOwl VenturesSWaN & Legend Venture PartnersAlumni VenturesBlackRock+7 more
Supporting formerly incarcerated individuals with their re-entry into society through rehabilitative and educational programs.
Co-investorsConvergeETS Strategic CapitalPartnership Fund for NYCECMC Group
PAIRIN provides an AI-driven platform called My Journey that turns career and education decision-making into personalized, step-by-step workflows integrating training, career guidance, job placement and support resources.
EdTechGovTechHR TechDenver, US
Michael Simpson(Co-founder & CEO)in
BoardRonald Young(Director)Scott Miraglia(Director)
Co-investorsJuvo VenturesSaaS CapitalScout Fund
Pathstream partners with businesses to provide skill development and career-growth programs for their frontline workforce, helping team members build job-relevant skills.
EdTechEnterprise SoftwareFuture of WorkHR TechSan Francisco, US
Paul Freedman(Director)inEleanor Cooper(Co-founder & CEO)inLauren(Co-founder & SVP of User Experience)inJohnsie(Chief Revenue Officer)inJo-Ann(COO)inAmy(SVP of Product)in
Co-investorsBisk VenturesNew Ground VenturesECMC GroupRethink Capital PartnersRethink Education
Presence provides teletherapy and remote assessment solutions for K-12 school districts, connecting them with a nationwide network of licensed SLPs, OTs, psychologists, and social workers to deliver special education services.
B2B MarketplacesDigital HealthEdTechMental HealthSaaSNew York, US
Kate Eberle Walker(Chief Executive Officer)inJessica Wang(Chief Operating Officer)inBrian Stephen(General Counsel)inAnne Hogarty(Chief Commercial Officer)inFletcher Hutson(Chief Revenue Officer)inJess Compagnola(Chief Financial Officer)in
Co-investorsCatalyst InvestorsUlu Ventures
Austin fintech that sold automated accounting software to SMBs, raised ~$103M, and wound down operations in 2020.
FintechAustin, US
Kurt Rathmann(Executive Officer, Director, Promoter)Kurt Rathmann, CPA(Founder)inWilliam Siegel(Director)Gary Forni(Executive Officer, Promoter)David Loia(Executive Officer, Promoter)
BoardAmos Schwartzfarb(Director)
Co-investorsMatchstick VenturesTechstarsAbstract VenturesACME CapitalBessemer Venture PartnersBroadhaven Capital Partners+12 more
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StraighterLine offers online, self-paced college courses that let students earn affordable, transferable credit toward degrees at over 3,000 colleges and universities, with courses reviewed by ACE CREDIT.
EdTechFuture of WorkBaltimore, US
Turner B Smith, Jr.(Executive Officer, Director)David Parento(Executive Officer, Director)inMatt Hulett(Chief Executive Officer)inPhilip Dunne(President & General Manager, StraighterLine)inLynn Pitcavage(President & General Manager, Early Childhood Education)inDave Gardner(Chief Technology Officer)in
Co-investorsChrysalis VenturesCity LightFirstMark CapitalRethink Capital Partners
New York, US
Stephen Silvius(Executive Officer, Director)Michael Lindsay(Executive Officer, Director)
BoardAndrew Boszhardt(Director)
Whiteboard Advisors is a strategy consulting, communications, and advocacy firm serving entrepreneurs and organizations in education and workforce sectors.
EdTechFuture of WorkWashington, US
Ben Wallerstein(Executive Officer, Director)in
BoardPaul Freedman(Director)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AldagenAmerican HonorsAnderaAPDSAppfluentAuthntkBiosetBrains %26 Motion Education (Bam!)Calvert EducationCalypteConcentric Educational SolutionsConnecteduEcoastFamilywell HealthFusion Uv Systems%2C Inc.GalvanizeGeoiqInnovative BiosensorsJoyfulreadingcompanyKickboardKroll Bond RatingsLeukosightLightningcastMashableMediasolvMoodleroomsNavtrakOrchestroOverture TechnologiesParatekPearson's AcclaimPractice XyzQuestar AssessmentSnappcloudStarfish Retention SolutionsThe American AcademyThink Through LearningVemo EducationVideology%2C Inc.
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 3
3 acquisitions · showing 2Datapeopleacq. by Payscale Holdings, Inc.Signal Vineacq. by Modern Campus
Portfolio news
latest coverage across their companiesWhiteboard Advisors · edsheet.whiteboardadvisors.com · Apr 24, 2026
Motimatic · finance.yahoo.com · Mar 10, 2026
Knack · prnewswire.com · Oct 21, 2025
Graduation Alliance · graduationalliance.com · Sep 26, 2025
Frequently asked questions
- How many investments has New Markets Venture Partners made?
- New Markets Venture Partners has 74 tracked investments, 3 of which have exited, including 3 dated in the last 24 months.
- What stage does New Markets Venture Partners invest at?
- New Markets Venture Partners invests at the Seed, Series A, Series B, Growth stages.
- What is New Markets Venture Partners's typical check size?
- New Markets Venture Partners typically writes checks of $200K – $1.5M.
- What sectors does New Markets Venture Partners focus on?
- New Markets Venture Partners focuses on EdTech, Future of Work, HR Tech, Impact & Social Good.
- Where is New Markets Venture Partners located?
- New Markets Venture Partners is headquartered in Fulton, US.
- Does New Markets Venture Partners lead rounds?
- New Markets Venture Partners typically participates in rounds rather than leading them.
- Who does New Markets Venture Partners co-invest with?
- New Markets Venture Partners most often shares deals with Chrysalis Ventures, City Light, Bessemer Venture Partners, among 49 tracked co-investors.
Media · Podcasts & interviews
featuring the teamMark Grovic: Founder, New Markets Venture Partners - Status Update: Investing in Edtech & Workplace
Jack Hammer Global - Executive Search · Mark Grovic
Images
Co-investors · 18
Learn Capital is a venture capital firm that backs and builds companies focused on education and human learning, aiming to empower individuals with knowledge and tools to thrive.
City Light is an impact-focused investment firm that partners with experienced teams to build scalable companies addressing challenges in education, safety and care, and the environment.
Owl Ventures is a Silicon Valley-based venture capital firm with over $2 billion in assets under management that invests in education technology companies serving PreK-12, higher education, career mobility, and professional learning sectors. The firm also invests in companies at the intersection of education technology and other industries.
Third Prime is a venture capital firm that invests in companies operating in financial technology, real estate technology, and cryptocurrency sectors.
Uncork Capital is a seed-stage venture firm that backs early founders, with a focus on AI-native companies driving scale and industry change.
NextView Ventures is a seed-stage venture capital firm that works closely with founders, providing hands-on support to help build companies from inception to scale.
Reach Capital is an early-stage venture firm that partners with founders building companies in learning, health, and work.
GreatPoint Ventures is a venture capital firm founded by former entrepreneurs who aim to be hands-on partners to the teams they back, helping with fundraising, customer introductions, and executive recruiting.
Broadhaven is a firm that provides investment banking advisory services and invests in early-stage companies at the intersection of financial services and technology.
Rethink Education is a venture capital firm backing early-stage founders building companies that expand access to opportunity and economic mobility across education, workforce, health equity, and financial inclusion.
Bonsal Capital is a seed-stage venture firm specializing in education and workforce technology, with a focus on backing underrepresented founders and emerging fund managers.
Menlo Ventures is an early-stage venture capital firm backing transformative technology companies, with a strong current emphasis on artificial intelligence across enterprise, healthcare, and consumer markets.
▶6 more co-investors
Two Sigma VenturesGSV AccelerationNextGen Venture PartnersTeamworthy Ventures.406 VenturesInfinite Capital
Firms observed investing alongside New Markets Venture Partners, from public investor directories. Shared companies are the overlap with New Markets Venture Partners's recorded portfolio.
Similar investors
Learn Capital is a venture capital firm that backs and builds companies focused on education and human learning, aiming to empower individuals with knowledge and tools to thrive.
Lumos Capital is a growth-stage technology investor focused on companies in the human capital development sector, spanning education and workforce learning from early childhood through enterprise.
Educapital is a European venture capital firm focused on edtech and future of work, backing entrepreneurs building innovative education and workforce solutions.
Skywalker Investments & Capital Partners is an investment group that creates, invests in, develops and transforms companies across advertising/media, technology, real estate and social-impact verticals, with a regional and global focus centered on Latin America.
Rethink Education is a venture capital firm backing early-stage founders building companies that expand access to opportunity and economic mobility across education, workforce, health equity, and financial inclusion.