Fundraising Fox

New Markets Venture Partners

Impact investoroperating company · company profile

Fulton · Seed–Late Stage · 8 people tracked

Also known as NMGF MANAGEMENT, LLC

Find your way into New Markets Venture Partners

2,881 people in our graph share verified history with the New Markets Venture Partners team — schools, employers, funds. One of them is your warm intro.

Krishna Yeshwantunlockedknows Mark Grovic · together at Harvard Business School (overlapped)
knows the team · via Harvard Business School
knows the team · via University of California, Berkeley
×2knows the team · via Primary Venture Partners
knows the team · via The University of Chicago Booth School of Business
×2knows the team · via Georgetown Law
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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 15, 2026.

Stage
Seed–Late Stage
Check
$200K – $1.5M
HQ
Fulton, Maryland, US
Leads rounds
Follows
Instruments
Equity
Founded
2002
Last 12 months
2 investments
AUM
$300M
VC funds
5
Tracked investments
71
Acquisitions
1

Team · 8 people

from the firm's website

Founder mafia

2 people who came through New Markets Venture Partners went on to found or lead other companies.

What they invest in

from 27 of 71 portfolio companies

EdTech ×21SaaS ×10AI & Machine Learning ×7Enterprise Software ×7Future of Work ×7HR Tech ×4Impact & Social Good ×3Biotech ×2

HQs:United States×27

Who they back

founder profiles across 11 portfolio companies
73%
solo founders
8 of 11 mapped founding teams

Founding team size:solo founder×82 founders×23 founders×1

Investments · 71 tracked

founders shown can be your intro path

By year:2025 · 32023 · 22022 · 32021 · 12020 · 22017 · 12016 · 12015 · 22014 · 12012 · 22004 · 119 dated

Datapeopledatapeople.ioinJun 2023 · $13M✓ verified

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 CapitalFOG VenturesGaingelsGGV CapitalNextView Ventures+2 more

Acceleration Academiesaccelerationacademies.orgin

Acceleration Academies offers a flexible, supportive high school program for students across the United States.

EdTech

app academyappacademy.ioin𝕏

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

Better Lessonbetterlesson.comin

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

Censiacensia.comin𝕏

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 Learningcivitaslearning.comin𝕏

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(Director)inCharles Thornburgh(Executive Officer, Director)inScott Chamberlain(Executive Officer)in

BoardSantiago Subotovsky(Director)Adam Dell(Director)Richard Segal(Director)

Co-investorsElsewhere PartnersEmergence Capital PartnersEscalate Capital PartnersFrancisco PartnersHigh AlphaSJF Ventures+1 more

Climb Creditclimbcredit.comin𝕏

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)Casey Powers(CEO)inAmit Sinha(Executive Officer, Director)Nicholas Calamari(Executive Officer, Director)

Co-investorsChaos VenturesCorazon CapitalNewfund CapitalSprint VcThird PrimeGingerbread Capital+2 more

Coding Templecodingtemple.comin𝕏Jun 2025

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)

CreatorUpcreatorup.comin𝕏Sep 2021 · $5M

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-investorsGaingelsMetavallon VC

Credlycredly.comSeed · Mar 2016 · $3M

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)

BoardMark Grovic(Director)inRyan Craig(Director)Susan Ganz(Director)Robert Whelan(Director)John Yates(Director)

Graduation Alliancegraduationalliance.comin𝕏

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 Ventures

Knackjoinknack.cominOct 2025

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 Venture CapitalMiami AngelsPrecursor VenturesSecond Avenue PartnersVillage Capital

LearnPlatformlearnplatform.comin𝕏

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-investorsTechstars

Mantra Healthmantrahealth.comin𝕏

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-investorsBaleon CapitalCity LightHOF CapitalTwelve Below

Motimaticmotimatic.cominOct 2015

Motimatic is a managed marketing platform that builds and runs paid social campaigns across the full customer lifecycle, from awareness and lead generation to conversion, retention, and win-back.

AdTechMarketing TechSaaSSan Francisco, US

Alan H. Tripp(Executive Officer, Director)in

Co-investorsCity LightGSV VenturesMichelson 20MM Foundation

Mursionmursion.comin𝕏

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 VenturesMaverick Ventures

Nexfordnexford.eduin𝕏Sep 2022

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 Universitynexford.orgin𝕏

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 of Learning FundGlobal VenturesIFCLearn Capital

Noodle Partnersnoodle.comin𝕏

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 GlobalOwl VenturesSWaN & Legend Venture PartnersAlumni VenturesBlackRockElectric Feel Ventures Llc+4 more

Pathstreampathstream.cominOct 2020

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 learningpresencelearning.comin𝕏May 2020

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

Regent Educationregenteducation.comin𝕏May 2022

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)

Co-investorsChrysalis Ventures3TS Capital Partners

Signal Vinesignalvine.comin𝕏acquired by Modern Campus

EdTechEnterprise SoftwareSaaSAlexandria, US

Brian Kathman(Executive Officer, Director)Ralph Joseph Passarella(Director)in

BoardRobert Proctor(Director)

Co-investorsAsset Management CompanyFigure 8 InvestmentsNew Markets Education PartnersThe Riverside Company

StraighterLinestraighterline.comin𝕏

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

Three RinginSep 2014

New York, US

Stephen Silvius(Executive Officer, Director)Michael Lindsay(Executive Officer, Director)

BoardAndrew Boszhardt(Director)

Whiteboard Advisorswhiteboardadvisors.comin𝕏Jan 2017

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 SolutionsConnecteduCsa MedicalEcoastFamilywell HealthFishtreeFusion Uv Systems%2C Inc.GalvanizeGeoiqInnovative BiosensorsJoyfulreadingcompanyK2 IntegrityKickboardKroll Bond RatingsLeukosightLightningcastMashableMediasolvMoodleroomsNavtrakOrchestroOrijinOrijin, PBCOverture TechnologiesPairinParatekPearson's AcclaimPractice XyzQuestar AssessmentSnappcloudStarfish Retention SolutionsThe American AcademyThink Through LearningVideology%2C Inc.

Exits · 1

1 acquisitions

Signal Vineacq. by Modern Campus

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has New Markets Venture Partners made?
New Markets Venture Partners has 71 tracked investments, 1 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, Late Stage 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, Emergence Capital Partners, among 26 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Mark Grovic: Founder, New Markets Venture Partners - Status Update: Investing in Edtech & Workplace

Jack Hammer Global - Executive Search · Mark Grovic

Images

New Markets Venture Partners photoNew Markets Venture Partners photoNew Markets Venture Partners photoNew Markets Venture Partners photoNew Markets Venture Partners photoNew Markets Venture Partners photo

Co-investors · 18

City Light

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.

Both backed · 3
$1M – $6M
Owl Ventures

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.

$5M – $50M
Learn Capital

Learn Capital is a venture firm that backs and builds companies focused on education and human learning, aiming to empower individuals with knowledge and tools to reach their potential.

$100K – $20M
Uncork Capital

Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm that invests early in founders, with a focus on AI-native companies building leverage and scale.

Both backed · 1
$3M – $5M
NextView Ventures

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.

Both backed · 1
$250K – $4M
GreatPoint Ventures

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.

Both backed · 1
$250K – $20M
Third Prime

Third Prime is a venture capital firm that invests in companies operating in financial technology, real estate technology, and cryptocurrency sectors.

Both backed · 1
$500K – $2M
Rethink Education

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.

Both backed · 1
Bonsal Capital

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.

Both backed · 1
$50K – $250K
Menlo Ventures

Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.

$1M – $20M
Two Sigma Ventures

Two Sigma Ventures has rebranded and is now known as Deviation Capital; the page directs visitors to the new website.

$2M – $15M
6 more co-investors

NextGen Venture PartnersTeamworthy VenturesReach Capital.406 VenturesBroadhaven Capital PartnersInfinite 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.

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