NRV

NRV is an early-stage venture firm founded in 2011 and based in Richmond, Virginia. The firm specializes in providing counsel, connections, and capital to companies at their growth inflection points, focusing on sectors such as consumer goods, healthcare, leisure, and technology. NRV aims to invest in transformative ideas that align with significant societal trends. The firm typically makes its initial investment during the Series A funding round and sets aside capital for future financing rounds to support portfolio companies as they grow.

Theodore Chandler Jr.

Co-Founder and Managing Director

Ted Chandler

Co-Founder and Managing Director

Laura Markley

CFO and Managing Director

Bob Mooney

Co-Founder and Managing Director

J. Robert Mooney

Co-Founder and Managing Director

Andy Stefanovich

Principal

Scott Ukrop

Managing Director

Jim Ukrop

Co-Founder and Managing Director

20 past transactions

Murphy's Naturals

Series A in 2022
Murphy's Naturals, Inc. is a company that believes in the importance of all-natural products and the benefits they provide. They truly believe that health and wellness come from the environment. Founded by Philip Freeman and named after his best buddy Murphy, Murphy's Naturals creates products which are made from responsibly sourced plant based ingredients. They leave out all of the chemicals and toxins and instead focus on providing amazing earth-friendly products that will help others through its purchases.

SVT Robotics

Seed Round in 2020
SVT Robotics, LLC is a company that specializes in automation software designed to facilitate the integration of robotics solutions within businesses. Founded in 2018 and based in Virginia, SVT Robotics offers a platform that leverages machine learning to enable rapid deployment and self-optimization of enterprise robotic technologies. The software aims to bridge the gap between businesses and automation by providing a seamless and low-risk pathway for companies to adopt advanced robotics. This approach allows organizations to adapt swiftly to the changing demands of the marketplace while ensuring interoperability between different automation technologies.

Farmer Focus

Venture Round in 2019
Farmer Focus is an organic chicken production company specializing in meat and chicken processing. Their mission is to provide the highest quality of Organic chicken that is humanely raised. Free from all growth hormones, pesticides, antibiotics and animal byproducts healthy and delicious. Farmer Focus sources all of its chicken through local farms located in the Shenandoah Valley, and uses it's sister company Shenandoah Processing to process and package all product.

Ario

Seed Round in 2019
Ario LLC is an information technology company specializing in augmented reality solutions for web and mobile applications. Founded in 2016 and headquartered in Norfolk, Virginia, Ario develops tools that enhance training and operational efficiency for frontline workers. Its platform enables organizations to capture and distribute expert knowledge, facilitating improved employee performance and skill development. By leveraging augmented reality, Ario's solutions help businesses, including Fortune 500 companies and the U.S. military, reduce human error, enhance worker confidence, and ultimately save costs while increasing revenue.

Beanfields

Series B in 2019
Beanfields is a food company based in Los Angeles, California, that specializes in manufacturing and selling bean and rice tortilla chips. Founded in 2010, Beanfields offers a range of all-natural snacks in seven flavors, positioning itself as a healthier alternative to traditional snacks made from corn, potato, and wheat. The company is committed to sustainability and nutrition, producing gluten-free, vegan, and allergy-friendly products that contain four grams of protein and four grams of fiber per serving. Beanfields aims to promote healthier eating habits while benefiting families, farmers, and the environment. Its products are available online and through various retailers in the United States, Canada, and internationally.

Territory Foods

Series A in 2019
Territory Foods is a meal delivery service that focuses on providing chef-prepared, nutritionist-approved meals tailored to various dietary preferences. Established in 2011 and headquartered in Arlington, VA, the company offers a diverse range of freshly-made meals designed by culinary professionals and nutrition experts. Its menus feature artisan dishes that are responsibly sourced and free of refined sugars, gluten, and dairy, catering to health-conscious consumers. Meals can be customized to fit dietary needs such as Vegan, Vegetarian, Whole30, and Keto, making it easier for customers to maintain healthy eating habits. Territory Foods employs a proprietary algorithm to ensure a rotating menu that keeps meal options varied and engaging.

Territory Foods

Series A in 2018
Territory Foods is a meal delivery service that focuses on providing chef-prepared, nutritionist-approved meals tailored to various dietary preferences. Established in 2011 and headquartered in Arlington, VA, the company offers a diverse range of freshly-made meals designed by culinary professionals and nutrition experts. Its menus feature artisan dishes that are responsibly sourced and free of refined sugars, gluten, and dairy, catering to health-conscious consumers. Meals can be customized to fit dietary needs such as Vegan, Vegetarian, Whole30, and Keto, making it easier for customers to maintain healthy eating habits. Territory Foods employs a proprietary algorithm to ensure a rotating menu that keeps meal options varied and engaging.

Territory Foods

Series A in 2017
Territory Foods is a meal delivery service that focuses on providing chef-prepared, nutritionist-approved meals tailored to various dietary preferences. Established in 2011 and headquartered in Arlington, VA, the company offers a diverse range of freshly-made meals designed by culinary professionals and nutrition experts. Its menus feature artisan dishes that are responsibly sourced and free of refined sugars, gluten, and dairy, catering to health-conscious consumers. Meals can be customized to fit dietary needs such as Vegan, Vegetarian, Whole30, and Keto, making it easier for customers to maintain healthy eating habits. Territory Foods employs a proprietary algorithm to ensure a rotating menu that keeps meal options varied and engaging.

Nutriati

Series A in 2017
Nutriati, Inc. is a food technology company based in Richmond, Virginia, established in 2013. The company specializes in researching, developing, producing, and commercializing innovative plant-based food ingredients, notably gluten-free chickpea protein and chickpea flour. Nutriati aims to create nutritious food products that appeal to a wide range of consumer tastes while promoting healthier ingredients in the food supply. The company is committed to making a positive social impact and improving global health and well-being through its offerings.

Envera Health

Venture Round in 2016
Envera Health, Inc. is a healthcare technology company based in Richmond, Virginia, founded in 2014. It specializes in providing an Engagement Optimization Platform that integrates managed services, technology, and infrastructure to enhance the patient experience for healthcare providers. Envera Health offers a range of solutions, including data analytics, growth strategies, commercial payer value-based care, employer programs, and Medicare and Medicaid services. By partnering with healthcare organizations, Envera Health aims to empower providers to improve both clinical outcomes and financial performance, ultimately transforming the healthcare landscape for better patient care.

WealthForge

Series A in 2016
WealthForge Holdings, Inc. operates a technology platform designed for the private capital markets, focusing on facilitating investments in alternative securities. Based in Richmond, Virginia, the company provides solutions that simplify the investment process while ensuring regulatory compliance. Its Altigo platform connects issuers with registered intermediaries, such as broker-dealers and investment advisors, enabling them to present vetted investment opportunities effectively. WealthForge's offerings include features for investment processing, compliance reviews, subscription automation, and reporting. Additionally, the company provides brokerage services, document preparation, investor relations, placement agent work, and escrow services. Founded in 2009, WealthForge aims to create a seamless experience for investors and sponsors in the alternative investment landscape.

MedCPU

Series B in 2015
MedCPU Inc. develops real-time enterprise decision support software aimed at enhancing clinical care in hospitals across the United States. Founded in 2008 and based in New York, the company offers the medCPU Advisor platform, which integrates patient profiles derived from both structured and unstructured data. Its innovative Advisor Button technology captures and analyzes clinical information from clinicians’ free-text notes, dictations, and structured documentation entered into electronic medical records (EMRs). This analysis is conducted against an extensive library of medical content, allowing the platform to generate precise, real-time prompts for care consideration, as well as providing clinical and compliance guidance. MedCPU's focus is on improving decision-making processes in healthcare settings through advanced data integration and analysis.

Moonlighting

Seed Round in 2015
Moonlighting, Inc. operates a freelance hiring platform that connects freelancers, entrepreneurs, and small businesses for a variety of jobs and projects. Founded in 2014 and based in Charlottesville, Virginia, the platform facilitates communication between those seeking to hire and those looking for work. It creates a virtual marketplace where employers can post job opportunities, allowing them to safely and instantly pay workers for completed tasks through chat. Moonlighting also offers a blockchain-supported solution, providing a comprehensive suite of tools designed to empower independent workers globally. The platform serves as an on-demand application, enabling users to earn extra income and address their immediate task needs efficiently.

Q Customer Intelligence

Angel Round in 2014
Q Customer Intelligence offers a software-as-a-service platform designed to enhance customer relationships for consumer-facing businesses. Recognizing the shortcomings in current customer intelligence approaches, the platform serves as a centralized tool that integrates with existing marketing, sales, and service tools, rather than adding another layer of complexity. It is user-friendly, allowing non-technical team members to easily access and collaborate on customer insights. Features include a point-and-click query builder, powerful visualizations, and a segmentation dashboard, all aimed at improving customer experience, retention, and acquisition. By providing actionable intelligence, Q Customer Intelligence helps companies navigate evolving consumer trends and optimize their strategies effectively.

WealthForge

Series A in 2014
WealthForge Holdings, Inc. operates a technology platform designed for the private capital markets, focusing on facilitating investments in alternative securities. Based in Richmond, Virginia, the company provides solutions that simplify the investment process while ensuring regulatory compliance. Its Altigo platform connects issuers with registered intermediaries, such as broker-dealers and investment advisors, enabling them to present vetted investment opportunities effectively. WealthForge's offerings include features for investment processing, compliance reviews, subscription automation, and reporting. Additionally, the company provides brokerage services, document preparation, investor relations, placement agent work, and escrow services. Founded in 2009, WealthForge aims to create a seamless experience for investors and sponsors in the alternative investment landscape.

Health Warrior

Series B in 2014
Health Warrior, Inc. specializes in the production and marketing of healthy snacks, primarily focusing on chia bars and protein bars made from plant-based ingredients such as chia, quinoa, oats, and peas. The company's products are designed to be nutrient-dense and convenient, catering to the growing demand for healthier snack options. Health Warrior offers its products in various flavors and sells them through a wide network of retailers across the United States, including grocery chains and natural food stores, as well as online platforms like Amazon and its own website. Founded in 2010 and based in Richmond, Virginia, Health Warrior operates as a subsidiary of PepsiCo, Inc. The company's mission is to promote healthier dietary habits and inspire an active lifestyle among consumers.

MedCPU

Series B in 2014
MedCPU Inc. develops real-time enterprise decision support software aimed at enhancing clinical care in hospitals across the United States. Founded in 2008 and based in New York, the company offers the medCPU Advisor platform, which integrates patient profiles derived from both structured and unstructured data. Its innovative Advisor Button technology captures and analyzes clinical information from clinicians’ free-text notes, dictations, and structured documentation entered into electronic medical records (EMRs). This analysis is conducted against an extensive library of medical content, allowing the platform to generate precise, real-time prompts for care consideration, as well as providing clinical and compliance guidance. MedCPU's focus is on improving decision-making processes in healthcare settings through advanced data integration and analysis.

Engineered Propulsion Systems

Venture Round in 2014
Engineered Propulsion Systems, Inc., founded in 2006 and based in New Richmond, Wisconsin, specializes in the manufacture of diesel aircraft engines. The company is known for its innovative Graflight V-8 engine, a lightweight, high-performance diesel engine designed specifically for general aviation. This eight-cylinder, 4-stroke piston engine operates within the 320 to 420 horsepower range and boasts significant advancements in fuel efficiency, reliability, and environmental impact. The Graflight V-8 offers up to 40 percent better fuel savings compared to traditional turbine engines and enhances operational range by up to 50 percent or increases payload by up to 40 percent over Avgas-powered aircraft. It also stands out for its reduced CO2 emissions, cutting them by 30 percent compared to Avgas engines and by 17 percent against other diesel options. Engineered Propulsion Systems aims to transform the general aviation landscape with its state-of-the-art technology, although the company faced challenges and filed for reorganization under Chapter 11 in July 2020.

WealthForge

Series A in 2014
WealthForge Holdings, Inc. operates a technology platform designed for the private capital markets, focusing on facilitating investments in alternative securities. Based in Richmond, Virginia, the company provides solutions that simplify the investment process while ensuring regulatory compliance. Its Altigo platform connects issuers with registered intermediaries, such as broker-dealers and investment advisors, enabling them to present vetted investment opportunities effectively. WealthForge's offerings include features for investment processing, compliance reviews, subscription automation, and reporting. Additionally, the company provides brokerage services, document preparation, investor relations, placement agent work, and escrow services. Founded in 2009, WealthForge aims to create a seamless experience for investors and sponsors in the alternative investment landscape.

WealthForge

Series A in 2013
WealthForge Holdings, Inc. operates a technology platform designed for the private capital markets, focusing on facilitating investments in alternative securities. Based in Richmond, Virginia, the company provides solutions that simplify the investment process while ensuring regulatory compliance. Its Altigo platform connects issuers with registered intermediaries, such as broker-dealers and investment advisors, enabling them to present vetted investment opportunities effectively. WealthForge's offerings include features for investment processing, compliance reviews, subscription automation, and reporting. Additionally, the company provides brokerage services, document preparation, investor relations, placement agent work, and escrow services. Founded in 2009, WealthForge aims to create a seamless experience for investors and sponsors in the alternative investment landscape.
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