# The New Markets Growth Fund: portfolio, investments and team

> The New Markets Growth Fund is a vc firm based in United States. 7 investments on record, latest Dec 2008. Portfolio, stages, co-investors and team.

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

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

# The New Markets Growth Fund

Last cheque observed Dec 2008. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series B Series C Biotechnology Life Science

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **6521** days **00** hrs **00** min **00** sec

Median round **$5.0M** Rounds led **0 of 7** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch The New Markets Growth Fund

## The New Markets Growth Fund highlights

- 01 7 rounds on record
- 02 Mostly Series A and Series B: 71% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Biotechnology Life Science
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2008** 1 round
- **Dec** **[Overture Technologies](https://millionrounds.com/company/overture-technologies)** Series C · US **$6.0M** With 2 others
- **2007** 2 rounds
- **Nov** **[Three Stage Media](https://millionrounds.com/company/three-stage-media)** Series C · US · encyclopedia.com **$15M** With 5 others
- **May** **[FortiusOne](https://millionrounds.com/company/fortiusone)** Series B **$5.5M** With 3 others
- **2005** 3 rounds
- **Jul** **[GeoIQ](https://millionrounds.com/company/geoiq)** Series A · US **$550K** With 1 other
- **May** **[Innovative Biosensors](https://millionrounds.com/company/innovative-biosensors)** Series A · US · innovativebiosensors.com **$3.5M** With 2 others
- **Apr** **[Appfluent Technology](https://millionrounds.com/company/appfluent-technology)** Series A · US · appfluent.com **$4.1M** With 3 others
- **2004** 1 round
- **Aug** **[BioSET](https://millionrounds.com/company/bioset)** Series B · US **$5.0M** With 5 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

We hold **1** person 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Appfluent Technology](https://millionrounds.com/company/appfluent-technology)** Bought by Attunity **$18M** Mar 2015

**[GeoIQ](https://millionrounds.com/company/geoiq)** Bought by Esri **Undisclosed** Jul 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series B Series C

Median round joined **$5.0M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2008
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A *3*
- Series B *2*
- Series C *2*

Cheques by year Led Joined

2004 2008

Often in the room with

- [Maryland Venture Fund](https://millionrounds.com/fund/maryland-venture-fund) 2
- [Walker Ventures](https://millionrounds.com/fund/walker-ventures) 2

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## Who they invest alongside

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

[**Maryland Venture Fund** VC firm **2** rounds together](https://millionrounds.com/fund/maryland-venture-fund)[**Walker Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/walker-ventures)

## Quick answers about The New Markets Growth Fund

### What does The New Markets Growth Fund invest in?

The New Markets Growth Fund invests most often at Series A and Series B (71% of the rounds on record), in sectors such as Biotechnology and Life Science.

### How active is The New Markets Growth Fund?

7 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2008.

### How big are The New Markets Growth Fund's cheques?

The median round it joins is $5.0M.

### Does The New Markets Growth Fund lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does The New Markets Growth Fund invest?

Most of the companies it backs are in the United States (100%).

### Is The New Markets Growth Fund investing now?

No investments in the last 12 months; the latest was in Dec 2008.

### Who does The New Markets Growth Fund invest alongside?

Most often Maryland Venture Fund (2 rounds together) and Walker Ventures (2 rounds together).

### What kind of investor is The New Markets Growth Fund?

The New Markets Growth Fund is a VC firm based in United States.

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