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    New Markets Venture Partners logo

    New Markets Venture Partners

    Fulton, Maryland, United StatesFounded 2002

    New Markets Venture Partners is a leading early- and growth-stage venture capital firm that invests in transformative education and workforce technology companies. The firm focuses on double-bottom-line investing to improve educational and employment outcomes, having invested in over 38 companies across two decades.

    54% of their portfolio is in Education. They made 3 investments in the last 12 months. Their most common stage is series-a (54% of deals). Average disclosed round size is $10.2M (across 24 rounds with reported amounts).

    Find people at New Markets Venture Partners on Goldilocks AI

    Portfolio

    25

    Fund Size

    $160M

    Top Stage

    Series A

    Last 12 Mo

    3

    Team

    Mark Grovic

    Mark Grovic

    Co-Founder and General Partner

    Robb Doub

    Robb Doub

    Co-Founder and General Partner

    Juan Zavala

    Juan Zavala

    Partner

    Mark Chernis

    Mark Chernis

    Operating Partner

    Sneha Kasuganti

    Sneha Kasuganti

    Principal

    Becky Spezzano

    Becky Spezzano

    Vice President of Finance and Operations

    Olivia Lowe

    Olivia Lowe

    Vice President of Marketing and Investor Relations

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    26 investments
    CompanyRoundAmountDate
    FamilyWell logoFamilyWellSeries A$8MNov 2025
    FFamilywell HealthSeries A$8MNov 2025
    Knack logoKnackSeries BOct 2025
    BBrains & Motion Education (BAM!)Unknown$18MMar 2024
    Concentric logoConcentricSeries A$5MOct 2023
    Datapeople logoDatapeopleSeries A$13MJun 2023
    Nexford University logoNexford UniversitySeries A$8MSep 2022
    Regent Education logoRegent EducationGrowthJun 2022
    Nexford logoNexfordSeries A$8MJan 2022
    CreatorUp logoCreatorUpSeries A$5MSep 2021
    AAmerican Prison Data SystemsSeries B$5MJun 2020
    Presence logoPresenceSeries D$27MMay 2020
    PresenceLearning logoPresenceLearningSeries D$27MMay 2020
    Galvanize logoGalvanizeSeries C$32MJul 2018
    Learnplatform logoLearnplatformSeed$3.2MJan 2018
    BetterLesson logoBetterLessonSeries B$10MNov 2017
    MMashableSeries A$14MMar 2014
    KKickboardSeries A$2MFeb 2013
    BetterLesson logoBetterLessonSeries A$1.6MSep 2011
    Climb logoClimbUnknown$9.8M
    Pathstream logoPathstreamSeries A$12M
    Credly logoCredlySeed$7.1M
    SSignal VineSeries A$2M
    Fishtree logoFishtreeSeries A$3M
    Noodle Partners logoNoodle PartnersSeed$14M
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    Last updated: 8 September 2026