New Markets Venture Partners

New Markets Venture Partners is a Maryland-based venture capital firm founded in 2003, specializing in early and growth-stage investments. The firm focuses on transformative technology companies, particularly in the education, healthcare, information technology, and business services sectors. With a commitment to achieving both financial returns and social impact, New Markets leverages its extensive experience and proprietary relationships with educational institutions and innovation hubs to support its portfolio companies. The firm aims to enhance the success of its investments by providing value throughout the investment process, drawing on decades of collective expertise in investment and education.

Laura Antonelli

VP, Finance and Operations

Robb Doub

Co-Founder & General Partner

Mark Grovic

Co-Founder & General Partner

Jason Palmer

General Partner

Donald M. Spero

Co-Founder and General Partner

Juan Zavala

Principal

Past deals in Maryland

Regent Education

Venture Round in 2017
Regent Education, Inc. is a provider of software-as-a-service solutions designed to streamline financial aid management for higher education institutions. The company's flagship product, Regent 8, is a cloud-based platform that supports various academic structures, including non-term and standard academic year schools. Regent Review automates the collection of verification documents and manages workflows, while Regent Financial Planner offers personalized financial planning tools for students and their families. The comprehensive platform allows institutions to effectively manage admissions, financial aid onboarding, compliance, and student self-service activities. Regent Education's solutions are tailored for a range of institutions, including career colleges, community colleges, and four-year universities, helping them enhance their enrollment processes and deliver better support to their students. Founded in 1979 and headquartered in Frederick, Maryland, Regent Education continues to innovate in the financial aid sector.

Fishtree

Series A in 2014
Fishtree Ltd is an education technology company that offers a platform designed to deliver personalized learning materials for students in K-12 and higher education. Founded in 2012 and based in Dublin, Ireland, Fishtree enables teachers to easily align educational resources with various standards and tailor them to meet individual student needs. The platform provides access to a wide range of resources, including real-time media and publisher content, while also allowing educators to monitor and track student progress through robust analytics. As a subsidiary of Follett Corporation, Fishtree is committed to empowering educators globally by enhancing the collaborative learning environment.

Three Ring

Series A in 2014
Three Ring is a provider of enterprise education software for the organization, sharing, and use of multimedia evidence of student growth. It enables students and teachers to seamlessly gather real evidence of learning from the classroom and make it available, privately, and securely online, to whoever needs it.

Regent Education

Series C in 2014
Regent Education, Inc. is a provider of software-as-a-service solutions designed to streamline financial aid management for higher education institutions. The company's flagship product, Regent 8, is a cloud-based platform that supports various academic structures, including non-term and standard academic year schools. Regent Review automates the collection of verification documents and manages workflows, while Regent Financial Planner offers personalized financial planning tools for students and their families. The comprehensive platform allows institutions to effectively manage admissions, financial aid onboarding, compliance, and student self-service activities. Regent Education's solutions are tailored for a range of institutions, including career colleges, community colleges, and four-year universities, helping them enhance their enrollment processes and deliver better support to their students. Founded in 1979 and headquartered in Frederick, Maryland, Regent Education continues to innovate in the financial aid sector.

Calvert Learning

Series A in 2013
Calvert Learning, based in Hunt Valley, Maryland, specializes in providing curriculum services for home school students and educational institutions. Established in 1906, the company offers a comprehensive range of courses in subjects such as history, mathematics, science, literature, and foreign languages, utilizing a blend of traditional textbooks and online learning. Its curriculum is designed for English-speaking students from pre-kindergarten through eighth grade, emphasizing active, project-based learning. In addition to its academic offerings, Calvert Learning provides advisory teaching, technical support services, and flexible, modular approaches tailored to the needs of schools and districts. The organization has a long-standing commitment to ensuring that all students have access to a high-quality education, regardless of their learning environment. As of 2019, Calvert Learning operates as a subsidiary of Edmentum, Inc., continuing its mission to support both homeschool families and educational institutions.

Informous

Venture Round in 2011
Informous, a B2B content marketing platform enabling businesses to reach highly targeted audiences with specific content, generating more informed and qualified leads.

CSA Medical

Series A in 2011
CSA Medical, Inc. develops and manufactures innovative spray cryotherapy medical devices aimed at the destruction of unwanted tissue in various medical fields, including dermatology, gynecology, and general surgery. The company's flagship product, the truFreeze spray cryotherapy device, utilizes cold liquid nitrogen as a cryosurgical tool, allowing for the targeted destruction of tissue while promoting the regeneration of healthy tissue. Additionally, CSA Medical offers the Rapid AV Spray Kit, which enhances the truFreeze system by reducing the time required for liquid nitrogen application. Founded in 1993 and originally known as Crymed Technologies, the company rebranded to CSA Medical in 2006 and is headquartered in Baltimore, Maryland, with a research and development facility located in Lexington, Massachusetts.

Moodlerooms

Venture Round in 2010
Moodlerooms connects institutions to their Learning Management Platform, joule, that evolves around the user. Joule combines functionality and service into an adaptable package that matches institution's needs.

CSA Medical

Venture Round in 2007
CSA Medical, Inc. develops and manufactures innovative spray cryotherapy medical devices aimed at the destruction of unwanted tissue in various medical fields, including dermatology, gynecology, and general surgery. The company's flagship product, the truFreeze spray cryotherapy device, utilizes cold liquid nitrogen as a cryosurgical tool, allowing for the targeted destruction of tissue while promoting the regeneration of healthy tissue. Additionally, CSA Medical offers the Rapid AV Spray Kit, which enhances the truFreeze system by reducing the time required for liquid nitrogen application. Founded in 1993 and originally known as Crymed Technologies, the company rebranded to CSA Medical in 2006 and is headquartered in Baltimore, Maryland, with a research and development facility located in Lexington, Massachusetts.