Venture Capital Fund of New England

The Venture Capital Fund of New England is a private equity firm based in Wellesley, Massachusetts, that specializes in early-stage and emerging growth investments. Established in 1981, the firm primarily focuses on technology-based enterprises, particularly in the industrial, information technology, and direct marketing sectors. While its main investment activities are concentrated in the New England region, the firm occasionally considers opportunities outside the Northeastern United States. The Venture Capital Fund typically invests between $500,000 and $1.5 million in a portfolio company, with final investments often exceeding $3 million. The firm also seeks to collaborate with other investors in its funding endeavors.

Chad Novotny

Managing Director

Carl H. Novotny

Managing Director

Gordon R. Penman

Managing Director

E. Jack Stewart

Managing Director

Past deals in New Hampshire

NextMark

Seed Round in 2001
NextMark streamlines the process of buying and selling premium guaranteed advertising inventory and other media. Founded in 1999, NextMark provides match-making and collaborative workflow systems for media planning, ad sales, and ad operations. More than 1,500 leading agencies, publishers, brokers, consultants, and rep firms use NextMark’s patented technology to buy and sell more than 125,000 media programs in 15 online and offline channels. NextMark is headquartered in Hanover, New Hampshire and on the web at http://www.NextMark.com.