New Markets Venture Partners
Overview
New Markets Venture Partners is a leading, growth-stage, double bottom-line investor that scales transformative technology companies that improve education and workforce outcomes, resulting in superior financial returns . The firm prefers to invest in companies operating in the education, healthcare, information technology, and business services sectors based in the United States .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Knack Technologies, Inc. | Oct 2025 | Series B | Lead |
| Brains & Motion Education | Jan 2025 | Series B | Co-investor |
| Beanstack | Nov 2025 | Growth Equity | Co-investor |
| Noodle | Dec 2017 | Series A | Co-investor |
| Pathstream | Aug 2021 | Series B | Co-investor |
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Key People
Mark Grovic
Founder and General Partner
Donald Spero
General Partner
Jason Palmer
General Partner
Robb Doub
General Partner
Mark Chernis
Operating Partner
Chris Dykeman
Student Venture Partner
Juan Zavala
Partner
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is New Markets Venture Partners based?
New Markets Venture Partners is headquartered in Fulton, Maryland, United States.
When was New Markets Venture Partners founded?
New Markets Venture Partners was founded in 2003.
How many portfolio companies does New Markets Venture Partners have?
New Markets Venture Partners has 21 portfolio companies in Caplight's dataset.
What are some companies in New Markets Venture Partners's portfolio?
Portfolio companies visible on Caplight include Knack Technologies, Inc., Brains & Motion Education, Beanstack, Noodle, Pathstream.
What was New Markets Venture Partners's most recent investment shown here?
New Markets Venture Partners's most recent investment in this portfolio sample was in Beanstack in 2025.
What sectors does New Markets Venture Partners focus on?
New Markets Venture Partners focuses on FinTech, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, FinTech, Media, Entertainment & Gaming, Enterprise Software, Cybersecurity, Enterprise Software, Consumer & Commerce, Media, Entertainment & Gaming, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, FinTech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software.
What company stages does New Markets Venture Partners focus on?
New Markets Venture Partners typically invests at the MultiStage stage.
What is New Markets Venture Partners's AUM?
New Markets Venture Partners's assets under management are estimated between $250.0M and $500.0M.