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New Markets Venture Partners

New Markets Venture Partners

Fulton, Marylandnewmarketsvp.com

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 .

Year Founded

2003

Portfolio Companies

20

Investments

New Markets Venture Partners investments
CompanyDateStageLead
BeanstackNov 2025Growth EquityCo-investor
FamilyWell HealthNov 2025Series ALead
Knack Technologies, Inc.Oct 2025Series BLead
Brains & Motion EducationJan 2025Series BCo-investor
Brains & Motion EducationMar 2024Growth EquityLead

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

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersFulton, Maryland
Year Founded2003

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