Fundraising Fox

New Markets Venture Partners

Impact investor

Fulton · Seed–Late Stage · 11 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 Aug 3, 2026.

Stage
Seed–Late Stage
Check
$200K – $1.5M
HQ
Fulton, Maryland, US
Leads rounds
Follows
Instruments
Equity
Founded
2002
AUM
$300M
VC funds
5
Tracked investments
70

Team · 11 people

from the firm's website & public directories

What they invest in

from 14 of 70 portfolio companies

EdTech ×12Enterprise Software ×6AI & Machine Learning ×4SaaS ×4Future of Work ×2HR Tech ×2Cybersecurity ×1Data & Infrastructure ×1

HQs:United States×18

Investments · 70 tracked

founders shown can be your intro path
Acceleration Academies
Accelerationacademiesaccelerationacademies.orgin

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

EdTech

Aldagen
American Honors
Andera
APDS
App Academy
Appfluent
Authntk
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

Erin Osborn(Executive Officer)Alexander Grodd(Executive Officer, Director, Promoter)Jennifer Carolan(Director)Vinay Seth Mohta(Director)

Bioset
Brains %26 Motion Education (Bam!)
btn-arrowmantrahealth.comin𝕏
Calvert Education
Calypte
Censiacensia.comin𝕏

Censia provides AI-powered skills intelligence for enterprise workforce management, enabling organizations to gain real-time visibility into employee capabilities and match talent to roles and growth opportunities.

AI & Machine LearningEnterprise SoftwareHR TechSan Francisco, US

Joanna Riley(Executive Officer, Director)inRon Storn(Director)in

BoardUllas Naik(Director)

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 Software

Climb Creditclimbcredit.comin𝕏

New York, US

Amit Sinha(Executive Officer, Director)Nicholas Calamari(Executive Officer, Director)Vishal Garg(Director)Alexander Rafael(Executive Officer, Director)

Coding Temple
Codingtemplecodingtemple.comin𝕏

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.

EdTech

Concentric Educational Solutions
Connectedu
CreatorUp
Credly

Digital credentialing company that acquired Pearson's Acclaim digital credential business.

New York, US

Susan Ganz(Director)Robert Whelan(Director)John Yates(Director)Jonathan Finkelstein(Executive Officer, Director)Ryan Craig(Director)

BoardMark Grovic(Director)

Csa Medical
Datapeople
Ecoast
Familywell Health
Fishtree
Fusion Uv Systems%2C Inc.
Galvanize
Geoiq
Graduation Alliance
Innovative Biosensors%2C Inc.
Joyfulreadingcompany
K2 Integrity
Kickboard
Knackjoinknack.comin

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

William Daugherty(Director)Charles Sanger Mellen(Executive Officer, Director)Lawrence Lein(Director)Megan Dusenbery(Chief Executive Officer)

Kroll Bond Ratings
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

Leukosight
Lightningcast
Mantra Health

HealthtechNew York, US

Edouard Gaussen(Executive Officer, Director)Matthew Kennedy(Executive Officer)Ed Gaussen(Cofounder)

Mashable

New York, US

Jordan Kretchmer(Director)Peter Cashmore(Executive Officer, Director)Jon Seeber(Director)Adam Ostrow(Executive Officer, Director)Barbara Messing(Director)Michael Kriak(Executive Officer)

Mediasolv
Moodlerooms
Motimaticmotimatic.comin

San Francisco, US

Alan H. Tripp(Executive Officer, Director)

Mursionmursion.comin𝕏

Mursion provides simulation-based training for hotel staff to improve customer service and problem resolution.

EdTechEnterprise SoftwareFuture of WorkSan Francisco, US

JULIE MIKUTA(Director)JOANNA REES(Director)MARK ATKINSON(Executive Officer, Director, Promoter)in

Navtrak
Nexfordnexford.eduin𝕏

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

Noodlenoodle.comin𝕏

Noodle partners with universities to design, build, and manage online and hybrid degree programs.

AI & Machine LearningEdTechEnterprise SoftwareSaaS

John Katzman(CEO)Ranjan Daniels

BoardNelson C. Baker, Ph.DJames DeVaneyEddie Maloney

Orchestro
Orijin
Overture Technologies
Pairin
Paratek
Pathstreampathstream.comin

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

Andrew Wait(Director)Nick Hammerschlag(Director)Carl Lu(Director)Andre Bennin(Director)Paul Freedman(Director)Eleanor Cooper(Co-founder & CEO)

Pearson's Acclaim
Practice Xyz
Presencelearning

New York, US

Brian Rich(Director)Iain Ware(Director)Anthony Pane(Executive Officer)Kate Eberle Walker(Executive Officer, Director)Jacob Donnelly(Director)

Frequently asked questions

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.

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 · 16

Owl Ventures

Owl Ventures is a venture capital firm focused exclusively on education technology and the future of work, backing companies from pre-revenue through exit.

Both backed · 2
$5M – $50M
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
Climb Credit
$250K – $3M
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
Uncork Capital

Uncork Capital is a seed-stage venture firm that backs founders at the earliest stage, before their potential is widely recognized.

$3M – $5M
Menlo Ventures

Menlo Ventures is a venture capital firm that backs transformative, early-stage technology companies reshaping how people live and work.

$1M – $20M
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.

$250K – $4M
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
NextGen Venture Partners

NextGen Venture Partners (NGVP) is an early-stage venture firm that leads seed investments in B2B startups, backing companies from seed to scale.

$500K – $2M
Teamworthy Ventures

Teamworthy Ventures is an early-stage venture capital firm led by Managing Partner Thomas D. Lehrman, with offices in New York and Nashville, and a network of operator venture partners.

Reach Capital

Reach Capital is an early-stage venture firm that partners with founders building companies in learning, health, and work.

$100K – $12M
4 more co-investors

GreatPoint Ventures.406 VenturesLearn CapitalBroadhaven Capital Partners

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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