MG

Mark Grovic

Impact Investment and Education Veteran. Founder of New Markets Venture Partners.

College Park, Maryland

Invests in

Stages:

Sectors:

Locations:

Min Investment:
$100,000.00
Max Investment:
$5,000,000.00
Target Investment:
$1,500,000.00

Skills

Education

Doctor of Jurisprudence
Georgetown University Law Center
(1990 - 1994)
Honors B.A.
University of California, Berkeley
(1985 - 1989)
Harvard Business School
(2007 - 2007)
The George Washington University School of Business
(1994 - 1995)
Pace University - Lubin School of Business
(1995 - 1996)
Babson College
(2015 - 2015)
St. Ignatius College Preparatory

Investments

Concentric Educational Solutions

Total Funding: $5M

Orijin, PBC

Total Funding: $7M

Credly

Total Funding: $19M

The American Academy

Total Funding: $12M

Lightningcast

Total Funding: $30M

Work Experience

New Markets Venture Partners

2001

General Partner and Founder
2001
Mark founded New Markets Venture Partners and serves or has served on the Board of Directors for American Prison Data Systems, AppAcademy, Concentric Education, Credly (sold to NYSE: PSO), Fishtree (sold to Follett), Galvanize (sold to NYSE: LRN), Graduation Alliance (sold to KKR), Think Through Learning (sold to Imagine Learning/Weld North), MediaSolv (sold to NASDAQ: TASR), Lightningcast (sold to NYSE: TWX), Moodlerooms (sold to Blackboard), Pairin and Workspace. Mark also serves or has served as a board observer for Aldagen (sold to NASDAQ: CMXI), American Honors College (sold to Wellspring International), Andera (sold to NASDAQ: EPAY), Appfluent (sold to NASDAQ: ATTU), BioSET (sold to Ferring Pharmaceuticals), Mantra Health, Mashable (sold to Ziff Davis), Noodle, Overture Technologies (sold to CompuGain), Paratek Microwave (sold to NASDAQ: RIMM), Questar Assessment (sold to ETS), and Vision Chain (sold to NASDAQ: EOPN). Mark also co-founded LifeJourney, an online educational company that allows students to test drive real life careers in specific corporations.

Impact Capital Managers

2019

Member of the Board
2019
Member of diversity committee and founder of multi fund diversity fellowship.

2019

Youth Employment Private Sector Advisory Council
2019
Solutions for Youth Employment (S4YE)

University of Maryland

2002 - 2021

Professor of Practice and Senior Advisor to the President
2002 - 2021
Award winning professor of private equity, ethics and social entrepreneurship. Led University efforts in corporate development, entrepreneurship and technology commercialization. Built innovative 2 course entrepreneurship MOOC in EdX.

EdTech Evidence Exchange

2014 - 2019

Investment Committee Member
2014 - 2019
University of VA Curry School of Education accelerator and investment fund

Howard University

2000 - 2002

Professor of International Business
2000 - 2002
Received "Teacher of the Year" Award

1999 - 2001

Portfolio Manager
1999 - 2001
Expanded number of country funds from 4 to 12 and led turn around of Peruvian private equity fund.

Baltic Small Equity Fund

1997 - 1999

Managing Director
1997 - 1999

Franklin Templeton Investments

1995 - 1997

Principal, Private Equity
1995 - 1997

1993 - 1995

Portfolio Manager, Private Equity
1993 - 1995