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New Markets Venture Partners

North America, Maryland, United States, Fulton

Description

New Markets Venture Partners is an early and growth-stage venture capital firm based in Fulton, Maryland, with a distinct focus on impact investing. The firm primarily targets companies that leverage technology to drive significant improvements in education, workforce development, and digital health sectors. Their investment philosophy is centered on generating both competitive financial returns and measurable positive societal outcomes, supporting businesses that address critical market needs and contribute to systemic change.

The firm employs a hands-on approach, actively partnering with portfolio companies to provide strategic guidance, operational support, and access to their extensive network. They seek out strong management teams with scalable business models that demonstrate the potential for substantial growth and market leadership. New Markets Venture Partners is committed to fostering innovation that can lead to more equitable access to quality education, enhanced career opportunities, and improved health outcomes.

New Markets Venture Partners has a robust history of fundraises, with their most recent vehicle, New Markets Growth Fund IV, closing at $100 million in 2021. This fund, along with previous funds, contributes to their total assets under management, which stands at approximately $280 million across four funds. Their investment activity has resulted in a diverse portfolio of over 50 companies, reflecting their consistent commitment to their core sectors.

Typically, New Markets Venture Partners provides initial equity investments ranging from $1 million to $5 million. They also reserve substantial capital for follow-on rounds, demonstrating their long-term commitment to supporting their portfolio companies through various stages of growth and development, helping them scale their solutions and maximize their impact.

Investor Profile

New Markets Venture Partners has backed more than 52 startups, with 0 new investments in the last 12 months alone. The firm has led 19 rounds, about 37% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Education, Software, SaaS.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series A (42%)
  • Series B (21%)
  • Series C (12%)
  • Series Unknown (12%)
  • Series D (6%)
  • Seed (6%)
  • Post Ipo Equity (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Education
  • Software
  • Saas
  • Internet
  • Enterprise Software
  • Edtech
  • Health Care
  • Higher Education
  • Training
  • Corporate Training
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does New Markets Venture Partners frequently co-invest with?

Catamount Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Novak Biddle Venture Partners
North America, Maryland, United States, Bethesda
Co-Investments: 4
Bonsal Capital
North America, Maryland, United States, Baltimore
Co-Investments: 3
Rethink Education
North America, New York, United States, White Plains
Co-Investments: 3
City Light Capital
North America, New York, United States, New York
Co-Investments: 3
SE
North America, Indiana, United States, Indianapolis
Co-Investments: 5
Catalyst Investors
North America, New York, United States, New York
Co-Investments: 3
CNF Investments, LLC
North America, Maryland, United States, Bethesda
Co-Investments: 3
University Ventures
North America, New York, United States, New York
Co-Investments: 6
ECMC
North America, Pennsylvania, United States, Oakdale
Co-Investments: 3

Which angels does New Markets Venture Partners often collaborate with?

EL
Europe, England, United Kingdom, London
Shared Deals: 3
MG
North America, New York, United States, New York
Shared Deals: 1
SK
North America, Massachusetts, United States, Boston
Shared Deals: 1
ML
North America, New York, United States, New York
Shared Deals: 3
KL
North America, New York, United States, New York
Shared Deals: 3
KM
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
FA
North America, Maryland, United States, Baltimore
Shared Deals: 3
ET
North America, California, United States
Shared Deals: 1
SC
North America, California, United States, Menlo Park
Shared Deals: 1
JF
North America, New York, United States, New York
Shared Deals: 3

What are some of recent deals done by New Markets Venture Partners?

Concentric Educational Solutions

Washington, District of Columbia, United States

Concentric Educational Solutions focuses on student culture, special education, mental health, and organizational development in schools.

EducationHigher EducationMental HealthSpecial EducationTraining
Series AOct 5, 2023
Amount Raised: $5,000,000
Datapeople

New York, New York, United States

Recruiting and language analytics for people who love hiring people.

Enterprise SoftwareHuman ResourcesNatural Language ProcessingRecruitingSaaSSoftware
Series AJun 27, 2023
Amount Raised: $13,000,000
Nexford University

Washington, District of Columbia, United States

A next generation online university providing students with access to quality, affordable, dynamic education.

Continuing EducationCorporate TrainingHigher EducationSaaSSTEM EducationUniversities
Series ASep 7, 2022
Amount Raised: $8,000,000
Orijin, PBC

New York, New York, United States

Orijin utilizes advances in edtech to help make quality education more accessible to incarcerated learners.

EducationInformation TechnologyMobileSaaSSoftware
Series CJul 12, 2022
Amount Raised: $7,000,000
PAIRIN

Denver, Colorado, United States

PAIRIN is a social impact technology company that is revolutionizing the way workforce and education intersect

Data IntegrationEducationGovernmentInternetSoftware
Series BMar 1, 2022
Amount Raised: $2,100,000
Mantra Health

New York, New York, United States

Mantra Health is a digital mental healthcare company designed for all university students.

Health CareMedicalMental HealthWellness
Series AJan 19, 2022
Amount Raised: $22,000,000
Pathstream

San Francisco, California, United States

Pathstream is a web-based platform for teaching in-demand tech skills for work.

Corporate TrainingE-LearningSoftwareTraining
Series UnknownAug 9, 2021
Orijin, PBC

New York, New York, United States

Orijin utilizes advances in edtech to help make quality education more accessible to incarcerated learners.

EducationInformation TechnologyMobileSaaSSoftware
Series BJun 25, 2020
Amount Raised: $5,000,000
PAIRIN

Denver, Colorado, United States

PAIRIN is a social impact technology company that is revolutionizing the way workforce and education intersect

Data IntegrationEducationGovernmentInternetSoftware
Series AJun 3, 2020
Amount Raised: $2,100,000
PresenceLearning

New York, New York, United States

PresenceLearning makes live, online special education related services available to K-12 students.

EducationHealth CareSpecial EducationTherapeuticsVideo Conferencing
Series DMay 19, 2020
Amount Raised: $27,000,000