United States · Investor

New Ground Ventures

Last cheque observed Dec 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $28M, Oct 2017VC firm

SeedSeries ASeries BSoftwareConsumerDeep_tech

Cheques on record
0%of best year0cheques in 12 months, 18 on record
Since the last cheque2524days00hrs00min00sec
Median round$13MRounds led0 of 18Sole investor2 roundsMostly inUnited States, 89%
Pitch New Ground Ventures

New Ground Ventures highlights

  1. 01

    18 rounds on record

  2. 02

    Mostly Series A and Series B: 80% of its rounds

  3. 03

    Sole investor in 2 rounds, median $6.6M

What they do

one of the most active early stage investors of the past decadeFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
SoftwareConsumerDeep_tech
Based in
Palo Alto, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first18 appearances

  1. 2019

    5 rounds

  2. Dec
    Accel RoboticsSeries A · US · FinSMEs$30MWith 2 others
  3. Aug
    PathstreamSeries A · US · FinSMEs$12MWith 4 others
  4. Jul
    15FiveSeries B · US · FinSMEs$30MWith 7 others
  5. Jun
    YFoodSeries A · DE · Tech.eu$4.7MWith 1 other
  6. Apr
    CareMonkeySeed · AU · FinSMEs$1.5MWith 2 others
  7. 2018

    3 rounds

  8. Aug
    Bellwether CoffeeSeries A · US · TechCrunch$10MWith 7 others
  9. Mar
    FortemSeries A · US · FinSMEs$15MWith 4 others
  10. Jan
    PetalSeries A · US · FinSMEs$13MWith 11 others
  11. 2015

    4 rounds

  12. Aug
    PokitDokSeries B · US$34MWith 6 others
  13. Jun
    SwipesenseSeries A · US$9.7MSole investor
  14. Mar
    Aeglea BioTherapeuticsSeries B · US$44MWith 4 others
  15. Mar
    RayvioSeries B · US$9.3MWith 5 others
  16. 2014

    6 rounds

  17. Nov
    915 Labs LLCUSUndisclosedWith 1 other
  18. Nov
    5BARz InternationalUS$3.5MSole investor
  19. Nov
    ALOHAUSUndisclosedWith 1 other
  20. Aug
    PokitDokDebt · US$6.6MWith 4 others
  21. Jun
    PodPonicsSeries A · US$4.6MWith 1 other
  22. May
    Spindrift BeverageVenture · US$2.0MWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration2 named

AZAnthony Zijian XuManager of New Ground Ventures, LLCiFiling they signed
ZMZachary Michael ZeitlinZachary M. Zeitlin is the Manager of New Ground Ventures GP, LLC, the General PartneriFiling they signed

We also hold 5 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$61Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
NGV Management, LLC
SEC number
CRD 291355

What they claim to have backed

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as New Ground Ventures. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies New Ground Ventures put money into.

Quick answers about New Ground Ventures

What does New Ground Ventures invest in?

New Ground Ventures invests most often at Series A and Series B (80% of the rounds on record), in sectors such as Software, Consumer and Deep_tech.

How active is New Ground Ventures?

18 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2019.

What has New Ground Ventures invested in recently?

Its most recent investments on record: Accel Robotics (Series A, Dec 2019), Pathstream (Series A, Aug 2019) and 15Five (Series B, Jul 2019).

How big are New Ground Ventures's cheques?

The median round it joins is $13M.

Does New Ground Ventures lead rounds?

Rarely, if at all: none of its 18 investments on record names it as the lead.

Where does New Ground Ventures invest?

Most of the companies it backs are in the United States (89%), Germany (6%) and Australia (6%).

Is New Ground Ventures investing now?

No investments in the last 12 months; the latest was in Dec 2019.

Who does New Ground Ventures invest alongside?

Most often Cambia Health Solutions (2 rounds together), Rethink Education (2 rounds together) and RiverPark Ventures (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it