New Markets Venture Partners

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 1, 2025	Pinkfish	$8.0M Seed	—	Bam Ventures, Infinite Capital, Norwest Venture Partners, Outlander Labs, Redpoint Ventures, Sapphire Ventures, Teamworthy Ventures, Matt Garratt
Oct 1, 2023	Concentric Educational Solutions	$5.0M Series A	—	Silverton Partners
Aug 1, 2023	Lula	$36.0M Series B	—	Bain Capital, Future Africa, Goat Capital, ‎GreatPoint Ventures, NextView Ventures, Y Combinator, Adora Cheung
Jun 1, 2023	Datapeople	$13.0M Series A	—	Kevin Hartz, Andreessen Horowitz, Defy Partners, ‎GreatPoint Ventures, Long Journey Ventures, MaC Venture Capital, Jonathan Golden, NextView Ventures, Owl Ventures, Trucks Venture Capital, Ulu Ventures, Uncork Capital, Emil Lee, John M. Mueller, Sahin Boydas, Varsha Rao
Sep 1, 2022	Nexford University	$8.0M Series A	—	Future Africa, Global Ventures, Learn Capital
Aug 1, 2022	Gorgias	$30.0M Series C	—	20VC, Alven, Bam Ventures, Buckley Ventures, Chapter One Ventures, Earl Grey Capital, Fathom Capital, Hustle Fund, Infinite Capital, Motier Ventures, Norwest Venture Partners, Outlander Labs, Point Nine Capital, Redpoint Ventures, Sapphire Ventures, Teamworthy Ventures, Matt Garratt, Y Combinator, David Hauser, Jeff Morris, Jonathan Forster, Josh Hannah, Mats Diedrichsen, Nicolas Julia, Paolo Negri, Robert Muñoz
Jul 1, 2022	Orijin, PBC	$7.0M Series C	—	—
Jul 1, 2022	Rundoo	$5.0M Seed	—	Bam Ventures, Infinite Capital, Norwest Venture Partners, Outlander Labs, Redpoint Ventures, Sapphire Ventures, Teamworthy Ventures, U.S. Venture Partners
May 1, 2022	Bravado	$26.0M Series B	—	AirAngels, AngelList, Arrive, Atlantic Bridge University Fund, Bam Ventures, Bennu, Browder Capital, CapitalG, Cardumen Capital, Dream Machine, Electric Ant, First Round Capital, Flex Capital, Founder Collective, Founders' Co-op, F Prime Capital, Gigascale Capital, Greylock, Horizon 3 Venture Studio, Index Ventures, Infinite Capital, Insight Partners, Long Journey Ventures, Lowercarbon Capital, Norwest Venture Partners, Not Boring Capital, Operator Ventures, Outlander Labs, Plaid, Polygon, Redpoint Ventures, Ribbit Capital, Saga, Sapphire Ventures, Scale Venture Partners, Shaan's All Access Fund, Silicon Ventures, Gary Benitt, SRB Ventures, Teamworthy Ventures, TenOneTen Ventures, Tiger Global Management, Todd and Rahul's Angel Fund, Matt Garratt, Weekend Fund, Aaron Levie, Adar Zango, Alex Adelman, Amy Chang, Arash Ferdowsi, Curtis Lee, Darius Contractor, Dylan Field, Elliot Shmukler, Eric Wei, Eric Wu, Gina Bianchini, Gokul Rajaram, Harris Barton, Hunter Horsley, Joshua Reeves, Matias Woloski, Nick Caldwell, Reggie James, Scott Belsky, Scott Kleper, Trevor McFedries
Apr 1, 2022	Abhi	$17.0M Series A	—	Future Africa, Global Ventures, Learn Capital
Jan 1, 2022	Finclusion Group	$20.0M Seed	—	Better Tomorrow Ventures, DEFTA Partners, Future Africa, Global Ventures, Learn Capital, Presight Capital, Speedinvest, Aidan Corbett, Christopher Priebe, Maximilian Tayenthal, Phillip Chambers
Dec 1, 2021	Abhi	$17.0M Seed	—	Future Africa, Global Ventures, Learn Capital
Sep 1, 2021	Wethos	$8.0M Venture Round	—	Angel Invest, Broadhaven Capital Partners, Bullpen Capital, Javelin Venture Partners, Laconia Capital Group, Third Prime, Twenty Seven Ventures, Visionaire Ventures, Adam Schwartz, Andrew Gluck, Jutta Steiner, Konstantin von Unger, Larry Braitman, Lawrence Braitman, Phil Libin
Aug 1, 2021	Kiddom	$35.0M Series C	—	75 & Sunny, Kevin Hartz, Altos Ventures, Bonsal Capital, FounderPartners, Menlo Ventures, Owl Ventures, Reach Capital, Rethink Education, Bob Pasker, Erik Blachford, Julia Hartz, Karl Peterson, Steve Kaufer
Apr 1, 2021	Degreed	$150.0M Series D	—	1776, Acadian Ventures, Accolade Partners, Album VC, Atypical Ventures, Blockchange Ventures, Cervin Ventures, Foundry Group, GSV Acceleration, High Alpha, Hyde Park Venture Partners, Jump Capital, LearnStart, M34 Capital, Montauk Ventures, Noodle, Owl Ventures, Reach Capital, Sapphire Ventures, Signal Peak Ventures, SLC Angels, Webb Investment Network, Chris Eyre, Scott Belsky
Feb 1, 2021	Upswing	$5.0M Series A	—	Bonsal Capital, Menlo Ventures, Owl Ventures, Reach Capital, Rethink Education, SVG Ventures-THRIVE, Steve Kaufer, John M. Mueller, Scot Wingo
Dec 1, 2020	Gorgias	$25.0M Series B	—	20VC, 3VC, Alven, Bam Ventures, Bessemer Venture Partners, Buckley Ventures, Chalfen Ventures, Chapter One Ventures, CRV, Earl Grey Capital, Fathom Capital, Flex Capital, Founders' Co-op, Hustle Fund, Infinite Capital, K9 Ventures, Madrona Ventures, Meritech Capital Partners, Motier Ventures, Norwest Venture Partners, Outlander Labs, Point Nine Capital, Redpoint Ventures, Sapphire Ventures, Sequoia Capital, Teamworthy Ventures, Ubiquity Ventures, Matt Garratt, Y Combinator, Charlie Songhurst, Chris Murphy, David Hauser, Don Hutchison, Jeff Morris, Jonathan Forster, Josh Hannah, Marat Kichikov, Marcus Bartram, Mats Diedrichsen, Nicolas Julia, Paolo Negri, Robert Muñoz, Travis May
Nov 1, 2020	Spaceship	$230K Seed	—	Bam Ventures, Infinite Capital, Norwest Venture Partners, Outlander Labs, Redpoint Ventures, Sapphire Ventures, Teamworthy Ventures, Matt Garratt
Oct 1, 2020	GetSetUp	$10.0M Seed	—	ACME Capital, Addition, AIX Ventures, AME Cloud Ventures, American Express Ventures, Andreessen Horowitz, Bond, Bonsal Capital, BoxGroup, Deep Fork Capital, Dunce Capital, DVx Ventures, ENIAC Ventures, First Round Capital, FJ Labs, Floodgate, General Catalyst, Greylock, Hardware Club, Haystack, Kamran Ansari, Immeasurable, Kleiner Perkins, LDV Capital, Lead Edge Capital, Lux Capital, Matrix, Menlo Ventures, Morado Venture Partners, Jeff Richards, Operator Partners, Owl Ventures, Prefix Capital, Primetime Partners, Rainfall Ventures, Reach Capital, Rethink Education, SciFi VC, Signia Venture Partners, Stellar Capital, Tribe Capital, Upside Partnership, Venture Highway, Anna Patterson, Elad Gil, Gabriel Naouri, Henry Kravis, Mark Cuban, Mark Pincus, Michael Birch, Nico Rosberg, Oliver Jung, Shervin Pishevar, Steve Kaufer, 1776, Bessemer Venture Partners, BITKRAFT Ventures, Cowboy Ventures, Firework Ventures, FPV Fund, Harrison Metal, LightShed Ventures, Penny Jar Capital, Ulu Ventures, Vista Venture Partners, Wellington Management
Sep 1, 2020	myLaurel	$54.0M Series C	—	City Light Capital, GSV Acceleration
May 1, 2020	Presence	$27.0M Series D	—	Bonsal Capital
Mar 1, 2020	myLaurel	$48.0M Series B	—	City Light Capital, Deerfield Management, GSV Acceleration, MaC Venture Capital, SteelSky Ventures, Justin Mateen
Jan 1, 2020	Hellotickets	$3.0M Seed	—	Bonsal Capital, G20 Ventures, Menlo Ventures, Owl Ventures, Pillar VC, Reach Capital, Rethink Education, Matt Garratt, Will Szczerbiak
Oct 1, 2019	Literati	$12.0M Series A	—	01 Advisors, A* Capital (A Star Capital), Adverb Ventures, Amplify.LA, Andreessen Horowitz, Asylum Ventures, Austin Ventures, Bam Ventures, BITKRAFT Ventures, Bonfire Ventures, Bullpen Capital, Catapult Capital, Coatue, Convective Capital, Conviction Partners, Coughdrop Capital, Crosscut Ventures, CRV, Daft Capital, Flex Capital, Founder Collective, Founders Fund, Goat Capital, Grace Beauty Capital, Infinite Capital, Infinite Niches, Invariantes Fund, Jetstream, Kaya Ventures, Madrona Ventures, Miramar Ventures, Monarch Collective, Moxxie Ventures, MS&AD Ventures, Next Coast Ventures, Norwest Venture Partners, Operator Collective, Otherwise Fund, Outlander Labs, Paradigm, Pareto Holdings, Pioneer Fund, Redpoint Ventures, Red Swan Ventures, S3 Ventures, Sapphire Ventures, Scribble Ventures, Sequoia Capital, Silverton Partners, SoftBank Investment Advisers, South Park Commons, Springdale Ventures, StartHer, Teamworthy Ventures, The Hit Forge, Thirty Five Ventures, Todd and Rahul's Angel Fund, Tribe Capital, Matt Garratt, Y Combinator, YOBE Ventures, Andre Iguodala, Bradley Horowitz, Brian Cruver, Dave Balter, Eric Manlunas, Ethan Austin, Ian Lopatin, Jiake Liu, Jonathan Swanson, Josh Elman, Josh Silverman, Joshua Reeves, Joshua Webster, Mark Cuban, Ryan Shea, Sahin Boydas, Scott Belsky, Suhail Doshi, Thomas Vu, Vince Thompson
Aug 1, 2019	ScaleFactor	$60.0M Series C	—	Bessemer Venture Partners, Broadhaven Capital Partners, Coatue, Lazerow Ventures, Maveron, Moonshots Capital, Jonathan Golden, Jeff Richards, Third Prime, Velvet Sea Ventures, Y Combinator, Bob Lee, Charles Huang, Chris Hulls

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at New Markets Venture Partners.

Leadership Team

Key people at New Markets Venture Partners.

Deep Dive

High-Level Overview

New Markets Venture Partners is a leading growth-stage venture capital firm specializing in education and workforce technology. Their mission is to scale transformative technology companies that improve education and workforce outcomes while delivering superior financial returns through a double bottom-line approach—balancing social impact with market-rate returns. They focus on investing in companies with proven product-market fit that address critical gaps in education and labor markets, particularly those that improve pathways to prosperity for underserved populations. New Markets supports portfolio companies with capital, strategic partnerships, and operational expertise to drive healthy, capital-efficient growth and reduce failure risk[1][2].

Origin Story

Founded in the early 1990s, New Markets Venture Partners has evolved into one of North America’s pioneering and most experienced investors in education and workforce technology. The firm is led by a veteran investment team with over 30 years of combined experience and is supported by an advisory board of over 30 thought leaders in the education and workforce sectors. Over time, New Markets has deepened its focus on growth-stage companies that demonstrate efficacy and scalability, leveraging strong relationships with educational institutions, employers, co-investors, and workforce organizations to source and support investments[1][2][3].

Core Differentiators

Unique Investment Model: Focus on double bottom-line returns, emphasizing both social impact and financial performance.
Network Strength: Deep, long-standing relationships with states, school districts, universities, large employers, and workforce organizations.
Track Record: Over 20 years of successful investing with 46 investments, $3.3 billion in enterprise value, and 75 million lives improved.
Operating Support: Hands-on partnership approach, providing strategic advice, capital relationships, and commercialization support.
Impact Focus: Rigorous requirement for proven efficacy and measurable outcomes in education and workforce improvements[1][2].

Role in the Broader Tech Landscape

New Markets Venture Partners rides the growing trend of impact investing in education and workforce technology, a sector gaining momentum due to increasing demand for scalable solutions that bridge education and employment gaps. The timing is critical as labor markets evolve rapidly with technological change, requiring innovative tools to upskill and reskill workers. New Markets influences the ecosystem by channeling capital to mission-driven companies that improve social outcomes while demonstrating strong business fundamentals, thereby validating the model that impact and profitability can coexist. Their work helps shape the future of workforce development and education technology by fostering companies that address systemic challenges in these sectors[1][2].

Quick Take & Future Outlook

Looking ahead, New Markets Venture Partners is well-positioned to capitalize on accelerating demand for education and workforce solutions that leverage technology to improve outcomes at scale. Trends such as lifelong learning, digital credentialing, and employer-driven upskilling will likely shape their investment focus. As workforce dynamics continue to shift, New Markets’ influence may grow by enabling companies that not only innovate but also demonstrate measurable impact, reinforcing their leadership in the double bottom-line investment space. Their commitment to servant leadership and partnership suggests continued deep engagement with portfolio companies to drive sustainable growth and social progress[1][2].

Sources

High-Level Overview

Origin Story

Core Differentiators

Unique Investment Model: Focus on double bottom-line returns, emphasizing both social impact and financial performance.
Network Strength: Deep, long-standing relationships with states, school districts, universities, large employers, and workforce organizations.
Track Record: Over 20 years of successful investing with 46 investments, $3.3 billion in enterprise value, and 75 million lives improved.
Operating Support: Hands-on partnership approach, providing strategic advice, capital relationships, and commercialization support.
Impact Focus: Rigorous requirement for proven efficacy and measurable outcomes in education and workforce improvements[1][2].