United States · 
What does New Markets Venture Partners invest in?
New Markets Venture Partners invests most often at Series A and Series B (68% of the rounds on record), in sectors such as Edtech, Financial Services and Ed-tech.
New Markets Venture Partners highlights
- 01
30 rounds on record
- 02
Mostly Series A and Series B: 68% of its rounds
- 03
Sole investor in 3 rounds, median $6.0M
- 04
3 exits from the portfolio
What they do
New Markets Venture Partners is a leading edtech venture capital firm investing in innovative education and workforce technology startups.From their own website
- Type
- VC firm (from a list, unverified)
- Cheque size
- Not stated
- Stages
- SeedSeries ASeries BGrowth
- Sectors
- EdtechFinancial ServicesEd-tech
- Based in
- Washington, United States
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first30 appearances
- 2019
4 rounds
- Jun
- Apr
- Apr
- Mar
- 2018
1 round
- Jan
- 2017
4 rounds
- Dec
- Sept
- Jul
- Mar
- 2015
2 rounds
- Nov
- Jan
- 2014
5 rounds
- Dec
- Oct
- Sept
- Jul
- Mar
- 2013
4 rounds
- Sept
- Jun
- Apr
- Feb
- 2012
1 round
- Jul
- 2011
4 rounds
- Sept
- May
- Mar
- Jan
- 2009
1 round
- Aug
- 2007
1 round
- May
- 2006
1 round
- Jul
- 2004
1 round
- Jul
- 2003
1 round
- Jul
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 registration6 named
DMDonald Maurice SperoSpecial Partner, Nmgf Management LLCiForm ADV
FAFrank Adair BonsalSpecial Partner, New Markets Venture Partners II LLCiForm ADV
FIFrank, Iii BonsalMANAGER OF THE SOLE GENERAL PARTNERiFiling they signed
JMJason M PalmerGeneral Partner, New Markets Education Partners II, LLCiForm ADV
MAMark Anthony GrovicMANAGING MEMBER OF THE GENERAL PARTNERiFiling they signed
RTRobb Tyler DoubMANAGING MEMBER OF THE GENERAL PARTNERiFiling they signed
We also hold 11 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
$140Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
- Legal name
- NMGF Management, LLC
- SEC number
- CRD 163508
Exits from the portfolio
Companies it backed that were later bought or listed3 in all
GeoIQBought by EsriUndisclosedJul 2012
Advanced Data ExchangeBought by Liaison TechnologiesUndisclosedJan 2010
LightningcastBought by AOLUndisclosedMay 2006
An exit counts when it came after the firm's first round in the company. From historical deal records.