News & Events

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Tennessee Department of Education Intends to Award TCAP Suite of State Assessments to Questar Assessment

The Tennessee Department of Education (TDOE) today announced that it intends to choose Questar Assessment, a K–12 assessment solutions provider focused on building a bridge between learning and accountability, as its primary contractor to develop, administer, score, and provide reports for its Tennessee Comprehensive Assessment Program (TCAP), including Grades 3–8 State Summative Assessments in English [...]

By | July 11th, 2016|Portfolio Companies, Questar Assessment, Inc.|0 Comments

E2open Acquires Orchestro, Point of Sale Analytics Leader, Creating the World’s Only Demand-Driven Supply Chain Operating Network

E2open, the largest and most comprehensive supply chain operating network, today announced that it has acquired Orchestro, the leading provider of demand signal repositories and preemptive analytics for retail and omni-channel fulfillment. The combination delivers the world’s only demand-driven Supply Chain Operating Network. Orchestro, founded in 1999, harmonizes retail Point of Sale (POS), syndicated, internal [...]

By | June 27th, 2016|News & Updates, Orchestro, Portfolio Companies|0 Comments

Think Through Math Wins 2016 BESSIE Awards for Best Online Multi-Level Math Learning System & Classroom Management/Math Website

Unique Web-based Learning System with Online Live Tutoring Recognized for 2nd Consecutive Year Think Through Learning announced today that Think Through Math (TTM), their web-based instruction system for grades 3 and above, has been named a winner in the 22nd Annual Best Educational Software (BESSIE) Awards. Think Through Math won “Best Online Math Learning System” [...]

Graduation Alliance’s Diploma Program Expands to Include Career Readiness Certification Through Collaboration with ACT

According to a recent survey from the John J. Heldrich Center for Workforce Development, only 30 percent of high school graduates without post-secondary instruction obtain full-time employment. To better prepare future graduates for opportunities after high school, Graduation Alliance announces its collaboration with ACT to offer the WorkKeys job skill tests and the National Career [...]

Civitas Learning Co-Founder Named Top Tech Innovator by The Chronicle of Higher Education

Dr. Mark Milliron Recognized for Helping Pioneer The Application Of Data Science and Design Thinking to Help Students Learn Well and Finish Strong Dr. Mark D. Milliron, Co-Founder and Chief Learning Officer at Civitas Learning, has been named as one of The Chronicle of Higher Education’s top tech innovators for 2016. Honorees include scholars, administrators, [...]

By | April 11th, 2016|Civitas, News & Updates, Portfolio Companies|0 Comments

Credly Raises Seed Financing to Build on Its Leadership in Digital Credentials

Credly today announced the closing of a $2.5 million seed financing round led by University Ventures and New Markets Venture Partners with participation from Lumina Foundation Venture Fund, the London-based City & Guilds Group and Lion Brothers Company. The investment is part of the first round of investments of City & Guilds Group's New Venture [...]

By | March 15th, 2016|Credly, Mark Grovic, News & Updates, Portfolio Companies|Comments Off on Credly Raises Seed Financing to Build on Its Leadership in Digital Credentials

Career Opportunity: Investment Analyst Position

Formed in 2002, New Markets Venture Partners is one of the nation’s premier venture capital fund investing primarily in educational technology and service companies that are focused on improving student outcomes.  We are looking to hire an Associate / Investment Analyst to join the New Markets Management Team and to participate in all investment and [...]

By | February 22nd, 2016|News & Updates|0 Comments

From EdSurge: New Markets’ New Education Fund

EdSurge Managing Editor, Tony Wan, recently interviewed Mark Grovic: New Markets Venture Partners is making a return trip to familiar grounds. The Fulton, Md.-based venture firm is close to launching a second fund dedicated to education technology startups. Dubbed “New Markets Education Partners II,” the new fund will support 10 to 15 edtech investments, [...]

By | February 4th, 2016|Mark Grovic, News & Updates|0 Comments

Education Technology Pioneer and University Chancellor Join Education Venture Fund

New Markets Venture Partners Announces Former University of Maryland Chancellor, Brit Kirwan and Wireless Generation executive, Josh Reibel as Advisors New Markets Venture Partners, a venture capital fund focused on investing in high impact education companies, today announced that Josh Reibel and Dr. Brit Kirwan will serve as Senior Advisors to their second education fund, New [...]

By | January 27th, 2016|News & Updates|0 Comments

Understanding EdTech Valuations

As the graphic below shows, the number of companies in the Unicorn Club is exploding and this is making us extremely cautious. Udacity joined the Club as the latest EdTech addition in November. Udacity has now raised $169M, most recently at a $1B valuation, on an estimated $24M in revenue. Earlier this year, LinkedIn created [...]

By | January 4th, 2016|Mark Grovic, News & Updates|0 Comments