Mark Grovic
General Partner & Founder @ New Markets Venture Partners
Washington, United States
Mark Grovic is a Series A investor at New Markets Venture Partners in Washington focused on Education and Training. Mark Grovic co-founded New Markets Venture Partners in 2003 and is a General Partner. Mark serves or has served on the Board of Directors for Fishtree, Graduation Alliance, Think Through Learning, MediaSolv (sold to Nasdaq: TASR), Lightningcast (sold to NYSE: TWX), Moodlerooms (sold to Blackboard) and Workspace.com. Mark also serves or has servedas a board observer for Aldagen (sold to NASDAQ: CMXI), American Honors College, Andera (sold to NASDAQ: EPAY), Appfluent, BioSET (sold to Ferring Pharmaceuticals), Mashable, Overture Technologies, Paratek Microwave (sold to NASDAQ: RIMM), Questar Assessment and Vision Chain. Mark also co-founded LifeJourney, an online educational company that allows students to test drive real life careers in specific corporations.Mark has been investing in high growth companies since 1992. Prior to New Markets, Mark was a Portfolio Manager for the Small Enterprise Assistance Funds (SEAF), a $200 million managed emerging market venture capital company, Director of Estonia-based Baltic Small Equity Fund, a Co-Founder and Principal of the Templeton Emerging Europe Fund, as Principal of Templeton Direct Advisors, and a Portfolio Manager of Private Equities at the Calvert Group.Mark is a Senior Advisor to University of Maryland University College (UMUC), advising on corporate development and entrepreneurship, and a Senior Lecturer at the R.H. Smith School of Business at the University of Maryland, where he has taught a Private Equity Clinic for the last 15 years. Previously, he was VC-in-Residence at the Smith School and Deputy Director of the Dingman Center for Entrepreneurship. He has earned three awards for his instruction at UMD and at Howard University, plus a fellowship awarded for the innovative use of technology in the classroom.Mark helped to found and served as Board Director of the Baltimore Chapter of the Network for Teaching Entrepreneurship (NFTE), is Board Chair at Emerson Preparatory High School in Washington, D.C. and serves as on the board of Partners for Affordable Excellence. He is a member of the Industry Advisory Council for the American Public University System and of the Innovation Advisory Board for the Lumina Foundation. Mark is also a member of the Washington Baltimore chapter of the Young Presidents Organization.Mark graduated with Honors from the University of California, Berkeley, where he majored in political economies and received a Juris Doctor from the Georgetown University, where his focus was in international, tax, and corporate law. Mark has also completed graduate work in accounting and finance at the George Washington University and Pace University, and completed the Private Equity and Venture Capital Executive Program at Harvard Business School. Mark lives in Silver Spring, MD with his wife and two children and is a mediocre musician and triathlete.
- Total investments:
- 8
- Last investment:
- Lead investor:
- 75%
Last updated:
For AI agents: llms.txt
Industries Mark Grovic invests in
Stages Mark Grovic invests in
Countries Mark Grovic invests in
Investment Focus
Industry
- Education 4 (50%)
- Training 3 (38%)
- EdTech 2 (25%)
- Internet 2 (25%)
- SaaS 1 (13%)
Stage
- Series A 3 (38%)
- Series C 2 (25%)
- Seed 1 (13%)
- Series D 1 (13%)
Investments
| Company | Description | Round | Links |
|---|---|---|---|
FamilyWell Health
|
FamilyWell Health is a digital health company focused on integrating behavioral health services in Obstetric practices through a tech-enabled, peer-driven collaborative care approach. FamilyWell's mission is to provide equitable and affordable access to mental health services for pregnant and postpartum patients to address the growing maternalmental health crisis in the U.S. FamilyWell’s tech-enabled program includes in-person and virtual care from psychiatric consultants, licensed therapists, and certified health coaches that engage heavily with patients at several touch points in the perinatal journey, including through a peer-to-peer text message support hotline. | $8M / Series A / Nov 18, 2025 | |
Concentric Educational Solutions
|
Concentric Educational Solutions focuses on student culture, special education, mental health, and organizational development in schools. The company was founded in 2010 by David Heiber. | $5M / Series A / Oct 05, 2023 | |
Orijin, PBC
|
(Formerly APDS) Launched in 2014, Orijin’s mission is to rewrite every justice-impacted person’s story, allowing each to re-enter society with renewed career-readiness, re-skilled education, and training through a customized pathway, to rebuild their lives and create sustainable employment. Orijin provides a robust cloud-based learning andcommunications platform delivered on secure tablet computers in hundreds of correctional facilities across the country. Orijin is a public benefit corporation and certified Certified B Corporation that never charges incarcerated individuals or their families for its technology or services. To learn more, go to https://Orijin.works | $7M / Series C / Jul 12, 2022 | |
Credly
|
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable,digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce. | $11.1M / Series A / Apr 24, 2019 | |
|
Credly
|
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable,digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce. | $4.6M / Seed / Sep 13, 2017 | |
|
Credly
|
Credly is helping the world speak a common language about people’s knowledge, skills, and abilities. Thousands of employers, training organizations, associations, certification programs, and workforce development initiatives use Credly to help individuals translate their learning experiences into professional opportunities using trusted, portable,digital credentials. Credly empowers organizations to attract, engage, develop, and retain talent with enterprise-class tools that generate data-driven insights to address skills gaps and highlight opportunities through an unmatched global network of credential issuers. Unleash the workforce. | $2.5M / Seed / Mar 15, 2016 | |
The American Academy
|
The American Academy, Inc. (TAA) was established in 2007 with the vision is to become the leading online educational services partner to public high schools throughout the U.S.In addition to providing online and alternative educational services to high schools, TAA operates an accredited, private, online high school (The American Academy) thatserves high school age and adult students worldwide who want to supplement their high school education and/or earn a full high school diploma.Through its unique School-as-a-Serviceâ„¢ platform, The American Academy gives:Students an opportunity to choose from more than 230 online courses, supported by state-licensed teachers and access to tutoring 24/7.High Schools an innovative program for dropout recovery and prevention, as well as offering additional courses for credit recovery or curriculum expansion.Teachers the ability to teach, develop content, tutor and perform community outreach to promote online learning. | $6M / Series C | |
Lightningcast
|
Lightningcast is a broadband software company that provides seamless content and ad insertion; stream customization and localization; campaign management and reporting; targeting and auditing; audience measurement and analytics; streaming operations and support; media management; and other enabling technologies. Companies and partners utilizingLightningcast's platform include AOL, Disney/ABC, NPR, MTV and others. | $5M / Series D |
Co-Investors
About New Markets Venture Partners
New Markets Venture Partners is a leading, early and growth-stage, double bottom-line investor based in the Washington, D.C. Metro Area. New Markets makes direct investments in transformative education and workforce technology companies, which leads to superior financial returns and positive social impact.Each of our partners has many decades ofinvestment and education experience. We maintain proprietary relationships with states, districts, universities and other centers of innovation that allow us to provide exceptional value to our portfolio companies. We help our companies succeed by adding value before, during, and after the investment process.
New Markets Venture Partners Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Brooks Taylor
Analyst
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Donald Spero
General Partner
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Marissa Lowman
Venture Partner
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Mark Grovic
General Partner & Founder
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Robb Doub
Co-Founder and General Partner
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FAQ
What does Mark Grovic invest in?
Mark Grovic invests primarily in Education, Training and EdTech startups, most often at Series A and Series C stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
When did Mark Grovic last invest?
The most recent investment recorded for Mark Grovic closed in Nov 2025. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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