MG

Mark Grovic

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

College Park, Maryland

Investor
VC
Founder

Invests in

Stages:

Series B

Sectors:

Education

Locations:

Maryland

  • Min Investment:

    $100,000.00

  • Max Investment:

    $5,000,000.00

  • Target Investment:

    $1,500,000.00

Skills

Start-ups
Venture Capital
Private Equity
Entrepreneurship
Mergers
Angel Investing
Valuation
Mobile Devices
Strategy
Financial Modeling
Vision
Corporate Development
Finance
SaaS
Mergers & Acquisitions
Business Strategy
Portfolio Management
Due Diligence
Business Development
Leadership

Education

Investments

Concentric Educational Solutions

Series A

Total Funding: $5M

Orijin, PBC

Series C

Total Funding: $7M

Credly

Seed

Total Funding: $19M

The American Academy

Series C

Total Funding: $12M

Lightningcast

Series D

Total Funding: $30M

Work Experience

NM
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.

IC
Impact Capital Managers

2019

  • Member of the Board

    2019

    Member of diversity committee and founder of multi fund diversity fellowship.

TW
The World Bank

2019

  • Youth Employment Private Sector Advisory Council

    2019

    Solutions for Youth Employment (S4YE)

Uo
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.

EE
EdTech Evidence Exchange

2014 - 2019

  • Investment Committee Member

    2014 - 2019

    University of VA Curry School of Education accelerator and investment fund

HU
Howard University

2000 - 2002

  • Professor of International Business

    2000 - 2002

    Received "Teacher of the Year" Award

S
SEAF

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

FT
Franklin Templeton Investments

1995 - 1997

  • Principal, Private Equity

    1995 - 1997

CG
Calvert Group

1993 - 1995

  • Portfolio Manager, Private Equity

    1993 - 1995