Mark Grovic

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 American Prison Data SystemsCredly (acquired by NYSE: PSO), Fishtree (acquired by Follett), Galvanize (acquired by NYSE: LRN), Graduation Alliance (acquired by KKR Global Impact), Orchestro (formerly Vision Chain, acquired by E2open), Think Through Learning (acquired by Imagine Learning), MediaSolv (acquired by Nasdaq: TASR), Lightningcast (acquired by NYSE: TWX), Moodlerooms (acquired by Blackboard) and Workspace.com. Mark also serves or has served as a board observer for Aldagen (acquired by NASDAQ: CMXI), American Honors CollegeAndera (acquired by NASDAQ: EPAY), App Academy, Appfluent (acquired by NASDAQ: ATTU), BioSET (acquired by Ferring Pharmaceuticals), Mantra Health, MashableNoodle PartnersOverture TechnologiesPAIRINParatek Microwave (acquired by NASDAQ: RIMM), and Questar Assessment (acquired by ETS). 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 Global Campus (UMGC), advising on corporate development and entrepreneurship, and was a Professor at the R.H. Smith School of Business at the University of Maryland, where he taught Ethics, New Venture Finance, and an award-winning Private Equity Clinic for 18 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 on the board of Partners for College Affordability and the Public Trust. 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. He received a certificate in teaching entrepreneurship from the Babson Symposium for Entrepreneurship Educators. Mark lives in Silver Spring, MD with his wife and two children and is a mediocre musician and triathlete.

Portfolio Companies

Mark Grovic

Co-Founder and General Partner

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Mantra Health Announces New Solutions for Campus Mental Health Crisis, Supported by Series A Extension Funding
Innovative products include DBT self-guided content and emotional wellness coaching...
DC Corrections Pilots Cloud Certification Course
The Washington, D.C., Department of Corrections has implemented a pilot...
TOOLS FOR ADDRESSING MENTAL HEALTH CRISES
Trigger Warning: This article discusses topics related to mental health,...
New Markets Venture Partners Join $2.1 Million Series B for Pairin
New Markets Venture Partners, a Fulton, Md. firm that specializes in...
PAIRIN Closes $2.1 Million Series B Funding and a $2M Line of Credit to Support Continued Expansion
Capital comes amid PAIRIN’s growing footprint of client success across...
Noodle Acquires South African Learning Design Firm Hubble Studios
The acquisition marks Noodle’s entry into the international market and...
PAIRIN has been recognized by Built In as one of its 2023 Best Places To Work, the third nod since 2019 and a mark of PAIRIN’s continued commitment to its team and culture amid rapid growth.
Previously, PAIRIN was recognized by Built In as a Best...
TULANE UNIVERSITY ANNOUNCES THE ONLINE MASTER OF SCIENCE IN COMPUTER SCIENCE DEGREE, EXPANDING THE COLLABORATION BETWEEN TULANE UNIVERSITY AND NOODLE
Program presents a unique offering by the Tulane School of...
Open Conversation: Mental health conversations important as school starts up again
WACO, Texas — Students have been heading back to school all across...
University of Tennessee, Knoxville Expands Relationship with Noodle to Launch Online Masters Degree in Computer Science
The University of Tennessee, Knoxville (UT) launched its Online Masters in Computer Science (MSCS)...
Tulane University Expands Relationship with Noodle to Launch an Online Doctor of Public Health in Leadership, Advocacy and Equity
Tulane University’s School of Public Health and Tropical Medicine (SPHTM) announced...
Noodle Appoints Catie Starr as Chief Marketing Officer
 Noodle, the country’s fastest-growing online learning network, announced today the...
The state of provider burnout in college counseling centers in 2021
Download Mantra Health’s free White Paper to learn more about...
Noodle and EdAssist by Bright Horizons Form Partnership to Expand Access to High-Quality Education Opportunities at Nation’s Leading Universities
Noodle, the country’s fastest-growing online learning network, today announced a...
Noodle Announces Formation of Strategic Advisory Board
Noodle, the country’s fastest-growing online learning network, today announced the...
NAIA Partners with Mantra Health
The National Association of Intercollegiate Athletics (NAIA) has named Mantra Health as it’s official...
Can this low-COVID moment spark better focus from colleges on mental health?
Since March of 2020, there has been little respite for...
Butler University Expands Relationship with Noodle to Build a Doctor of Pharmacy Online Pathway
Butler University, named the Midwest Region’s #1 Most Innovative School...
Mantra Health Secures $22M Series A; Launches Program to Support Students with Long-Term Mental Healthcare Needs
– VMG Partners led the round, with new investors joining...
Miami Dade College Partners with Mantra Health and Didi Hirsch to Provide Virtual Mental Health and Crisis Care for Students
Recognizing that taking care of mental health is just as...
NYC Corrections Department Expands Inmate Tablet Program
The New York City Department of Correction has increased the...

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