# New Ground Ventures: portfolio, investments and team

> New Ground Ventures is a vc firm based in United States. 18 investments on record, latest Dec 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/new-ground-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# New Ground Ventures

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

Email

Quiet New fund $28M, Oct 2017 VC firm

Seed Series A Series B Software Consumer Deep_tech

Follow New Ground Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnew-ground-ventures)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 18 on record

Since the last cheque **2524** days **00** hrs **00** min **00** sec

Median round **$13M** Rounds led **0 of 18** Sole investor **2 rounds** Mostly in **United States, 89%**

Pitch New Ground Ventures

## New Ground Ventures highlights

- 01 18 rounds on record
- 02 Mostly Series A and Series B: 80% of its rounds
- 03 Sole investor in 2 rounds, median $6.6M

## What they do

> one of the most active early stage investors of the past decade From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Software Consumer Deep_tech
- **Based in:** Palo Alto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **18 appearances**

- **2019** 5 rounds
- **Dec** **[Accel Robotics](https://millionrounds.com/company/accel-robotics)** Series A · US · FinSMEs **$30M** With 2 others
- **Aug** **[Pathstream](https://millionrounds.com/company/pathstream)** Series A · US · FinSMEs **$12M** With 4 others
- **Jul** **[15Five](https://millionrounds.com/company/15five)** Series B · US · FinSMEs **$30M** With 7 others
- **Jun** **[YFood](https://millionrounds.com/company/yfood)** Series A · DE · Tech.eu **$4.7M** With 1 other
- **Apr** **[CareMonkey](https://millionrounds.com/company/caremonkey)** Seed · AU · FinSMEs **$1.5M** With 2 others
- **2018** 3 rounds
- **Aug** **[Bellwether Coffee](https://millionrounds.com/company/bellwether-coffee)** Series A · US · TechCrunch **$10M** With 7 others
- **Mar** **[Fortem](https://millionrounds.com/company/fortem)** Series A · US · FinSMEs **$15M** With 4 others
- **Jan** **[Petal](https://millionrounds.com/company/petal)** Series A · US · FinSMEs **$13M** With 11 others
- **2015** 4 rounds
- **Aug** **[PokitDok](https://millionrounds.com/company/pokitdok)** Series B · US **$34M** With 6 others
- **Jun** **[Swipesense](https://millionrounds.com/company/swipesense)** Series A · US **$9.7M** Sole investor
- **Mar** **[Aeglea BioTherapeutics](https://millionrounds.com/company/aeglea-biotherapeutics)** Series B · US **$44M** With 4 others
- **Mar** **[Rayvio](https://millionrounds.com/company/rayvio)** Series B · US **$9.3M** With 5 others
- **2014** 6 rounds
- **Nov** **[915 Labs LLC](https://millionrounds.com/company/915-labs-llc)** US **Undisclosed** With 1 other
- **Nov** **[5BARz International](https://millionrounds.com/company/5barz-international)** US **$3.5M** Sole investor
- **Nov** **[ALOHA](https://millionrounds.com/company/aloha)** US **Undisclosed** With 1 other
- **Aug** **[PokitDok](https://millionrounds.com/company/pokitdok)** Debt · US **$6.6M** With 4 others
- **Jun** **[PodPonics](https://millionrounds.com/company/podponics)** Series A · US **$4.6M** With 1 other
- **May** **[Spindrift Beverage](https://millionrounds.com/company/spindrift-beverage)** Venture · US **$2.0M** With 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 registration **2 named**

AZ **Anthony Zijian Xu** Manager of New Ground Ventures, LLC i Filing they signed

ZM **Zachary Michael Zeitlin** Zachary M. Zeitlin is the Manager of New Ground Ventures GP, LLC, the General Partner i Filing 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

**$61M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** NGV Management, LLC
- **SEC number:** CRD 291355

## What they claim to have backed

From their own portfolio page (on their website)

**48** of 60 we have independently watched raise

[1-Page](https://millionrounds.com/company/1-page)[15Five](https://millionrounds.com/company/15five)[305 Fitness](https://millionrounds.com/company/305-fitness)[Atom Computing](https://millionrounds.com/company/atom-computing)[Better Lesson](https://millionrounds.com/company/betterlesson)[Biena](https://millionrounds.com/company/biena-snacks)[Brainscape](https://millionrounds.com/company/brainscape)[Bright Farms](https://millionrounds.com/company/brightfarms)[Catchafire](https://millionrounds.com/company/catchafire)[Clean Plates](https://millionrounds.com/company/clean-plates)[CloudApp](https://millionrounds.com/company/cloudapp)[Engrade](https://millionrounds.com/company/engrade)[FareHarbor](https://millionrounds.com/company/fareharbor)[Foodsmart](https://millionrounds.com/company/foodsmart)[General Fusion](https://millionrounds.com/company/general-fusion)[Heliogen](https://millionrounds.com/company/heliogen)[Jitterbit](https://millionrounds.com/company/jitterbit)[Kevita](https://millionrounds.com/company/kevita)[Linqia](https://millionrounds.com/company/linqia)[Loadsmart](https://millionrounds.com/company/loadsmart)[MeetingPlay](https://millionrounds.com/company/meetingplay)[MergeVR](https://millionrounds.com/company/merge-vr)[Mubi](https://millionrounds.com/company/mubi)[Newsela](https://millionrounds.com/company/newsela)[Nodeprime](https://millionrounds.com/company/nodeprime)[Pathstream](https://millionrounds.com/company/pathstream)[Pipedrive](https://millionrounds.com/company/pipedrive)[Pledgeling](https://millionrounds.com/company/pledgeling)[Process](https://millionrounds.com/company/process)[PsiQ](https://millionrounds.com/company/psiquantum)[Routehappy](https://millionrounds.com/company/routehappy)[Shopkeep](https://millionrounds.com/company/shopkeep)[SmartProcure](https://millionrounds.com/company/smartprocure)[SoFi](https://millionrounds.com/company/sofi)[SunFunder](https://millionrounds.com/company/sunfunder)[Swipesense](https://millionrounds.com/company/swipesense)[Thistle](https://millionrounds.com/company/thistle)[Tonal](https://millionrounds.com/company/tonal)[Turntide Technologies](https://millionrounds.com/company/turntide-technologies)[Waybetter](https://millionrounds.com/company/waybetter)[Workflowy](https://millionrounds.com/company/workflowy)[Worklife](https://millionrounds.com/company/worklife)[Zainar Tech](https://millionrounds.com/company/zainar)[eMindful](https://millionrounds.com/company/emindful)[healthwarrior](https://millionrounds.com/company/health-warrior)[tynker](https://millionrounds.com/company/tynker)[zeconomy](https://millionrounds.com/company/zeconomy)[zevia](https://millionrounds.com/company/zevia) 915Labs Ample Ara Arcus Brilliant Tech Casenex Claria Coherent Navigation Copra Ensemble Music Schools Essentia Evive and 18 more

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.

New fund on file

**$28M**

raised in Oct 2017

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$13M** the round, not its cheque Alone, median **$6.6M**

Led 0 of 18 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Dec 2019

Rounds by stage said on their site

- Series A said *8*
- Series B said *4*
- Debt *1*
- Seed said *1*
- Venture *1*
- Growth said *-*

Cheques by year Led Joined

2014 2019

Often in the room with

- [Cambia Health Solutions](https://millionrounds.com/fund/cambia-health-solutions) 2
- [Rethink Education](https://millionrounds.com/fund/rethink-education) 2
- [RiverPark Ventures](https://millionrounds.com/fund/riverpark-ventures) 2
- [Rogers Venture Partners](https://millionrounds.com/fund/rogers-venture-partners) 2
- [Subtraction Capital](https://millionrounds.com/fund/subtraction-capital) 2
- [nav.vc](https://millionrounds.com/fund/nav-vc) 2

**Pitching New Ground Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## 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.

[**Cambia Health Solutions** Corporate VC **2** rounds together](https://millionrounds.com/fund/cambia-health-solutions)[**Rethink Education** VC firm **2** rounds together](https://millionrounds.com/fund/rethink-education)[**RiverPark Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/riverpark-ventures)[**Rogers Venture Partners** Corporate VC **2** rounds together](https://millionrounds.com/fund/rogers-venture-partners)[**Subtraction Capital** VC firm **2** rounds together](https://millionrounds.com/fund/subtraction-capital)[**nav.vc** VC firm **2** rounds together](https://millionrounds.com/fund/nav-vc)

## Recently backed

The latest companies New Ground Ventures put money into.

[**Accel Robotics** $30M · Dec 2019](https://millionrounds.com/company/accel-robotics)[**Pathstream** $12M · Aug 2019](https://millionrounds.com/company/pathstream)[**15Five** $30M · Jul 2019](https://millionrounds.com/company/15five)[**CareMonkey** $1.5M · Apr 2019](https://millionrounds.com/company/caremonkey)[**Fortem** $15M · Mar 2018](https://millionrounds.com/company/fortem)

## 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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