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The Venture Codex

New Markets Venture Partners

8161 Maple Lawn Blvd. Suite 350, Fulton, MD, 20759, United States

Overview

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 of investment 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.

Total investments
36
Lead investments
18
Investments · 12mo
1
Active investors
8

Sector focus

  • Corporate Training
  • Education
  • FinTech
  • Information Technology
  • Venture Capital
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Investment portfolio

  • FamilyWell Health

    Led · Series A · Nov 2025

    FamilyWell Health is a Boston-based women’s mental health company founded in 2022 by Dr. Jessica Gaulton. The platform embeds virtual mental health services—including care coordination, coaching, therapy, and psychiatry—directly into partner clinics and health systems, connecting patients to care within 24 hours. A specialized, multidisciplinary care team supports patients throughout their treatment journey. FamilyWell currently operates in Massachusetts, New Hampshire, Connecticut, Illinois, and Texas, demonstrating early geographic traction. The company plans to leverage its newly raised capital to expand nationwide, targeting additional health systems, clinics, and insurers. While no revenue or user figures were disclosed, the company’s swift state-by-state rollout underscores its growth ambitions and demand for maternal mental health solutions.

  • Concentric Educational Solutions

    Led · Series A · Oct 2023

    Concentric Educational Solutions provides a suite of education support services including home visits, mentoring, tutoring, professional development, school culture and climate work, student support services, technical assistance, MTSS, and social and emotional learning. The company partners with schools and districts to assess needs and implement sustainable change, addressing organizational and leadership development, school culture and climate, student support services, and special education support. CES has partnered with over 200 schools and districts, including Baltimore City Public Schools, Anne Arundel County Public Schools, and Wayne RESA (MI). Led by CEO Dr. David Heiber, the organization applies a structured process for tracking and evaluating improvements while leveraging existing supports within partner organizations. The company raised $5M in a Series A to accelerate growth and expand its service offerings. It also plans to build out a philanthropic foundation to support students both at home and in schools.

  • Datapeople

    Led · Series A · Jun 2023

    Led by CEO Amit Bhatia, Datapeople offers a SaaS recruiting predictability platform that starts with optimized job descriptions and extends to reporting and analytics on recruiting processes and performance. Its recommendations are powered by a database of over 65 million job posts and millions of hiring outcomes, analyzing both content and language. The product includes bias guidance that identifies eight forms of bias and a Job Score that predicts local-market performance across candidate volume, quality, and diversity. Since 2022, more than 10,000 users have edited 170,000 jobs on the platform. The company recently launched Datapeople Anywhere, a browser extension designed to ensure job descriptions are clear, compliant, and inclusive across applicant tracking systems and generative AI–produced postings. Datapeople plans to use new funding to scale its go-to-market function and accelerate delivery of new features and products. Datapeople's core product, “Language Analytics,” scans job postings and offers suggested edits to help attract a more diverse group of applicants. The company is rolling out “Recruiting Analytics,” a new service that provides high-level views of aggregate recruiting efforts and diversity metrics, such as the pace at which postings attract women versus comparable roles. Datapeople sells its language product to in-house recruiting teams at mid-market through Fortune 100 companies. The team says current market tools surface basic recruiting charts but fall short on answering more complex questions about treatment of different groups, which the new product aims to address. Datapeople reported that 2020 was its best year and that Q1 2021 was “awesome.” The startup is early-stage and intends to roughly double its mid-30s headcount to support growth and the new product launch.

  • PAIRIN

    Participated · Series B · Feb 2023

    Pairin is a social impact technology company that connects workforce and education to support students and career-seeking professionals. Its science-based, no-code platform enables workforce programs, government and educational organizations to deliver training, career guidance, skills development, and tailored community services through data integration and workflow solutions. The company is based in Denver, Colorado and was founded in 2012; Michael Simpson is CEO. Pairin plans to use the recent funding to add software engineers and sales and marketing experts to support its growth. The firm raised both equity and credit to bolster its operational and growth plans, as reported in the article. Pairin offers a workforce journey platform that centralizes essential content and resources provided by regional workforce, government and educational organizations to make career and training pathways more relevant and equitable. The platform enables organizations to effectively deliver career guidance, skills development and tailored community services through one solution. Founded in 2012 by CEO Michael Simpson and based in Denver, the company targets improved access to workforce and educational resources. Pairin raised a $4.36M Series A and intends to use the funds to support growth of operations and further develop the platform. Previously, the company raised $2.1M in June 2020 from social impact investors including New Markets Venture Partners, Juvo Ventures, JFFLabs, Village Capital and Voqal. The latest close included additional funding from existing investors and a new investor, Potencia Ventures. Pairin provides a workforce process management platform that personalizes career exploration, job matching and skill development for education systems, workforce programs and governments. The company is headquartered in Denver, Colorado and was founded in 2012 by CEO Michael Simpson. It closed a $2.1M first tranche of its Series A funding round. The round was led by social impact investor New Markets Venture Partners with participation from New U Venture Partners, JFFLabs and return investors Village Capital and Independent Spectrum. Pairin intends to use the funds to continue growth of its My Journey platform and for hiring initiatives.

  • Nexford University

    Led · Series A · Sep 2022

    Nexford provides fully online U.S.-accredited degree and course programs that learners complete at their own pace, with daily academic support and stackable pathway programs. The platform targets underserved English-speaking markets such as Nigeria and partners with local organizations to provide learning community spaces to help learners circumvent infrastructure challenges; it plans similar partnerships in Kenya and the Philippines. Nexford plans to add programs over the next six to twelve months — including software engineering, data science, clean energy, business analytics, digital marketing and project management — and to launch six-month career pathway programs that can stack into degrees. The company highlights affordability (accredited degrees cost about $3,000–$4,000 and are paid in monthly installments) and reports outcomes data showing roughly 92% of survey respondents achieved job outcomes, promotions, or salary increases. Internally, Nexford said it operates with positive margins, saw 2x revenue growth in 2021 versus the prior year, and expanded enrollments from 70 countries to over 90. Nexford operates a licensed, accredited online university that uses a competency-based model where students demonstrate mastery through practical projects rather than standardized tests. Its product offers undergraduate and graduate degrees (business administration, marketing, AI and automation, business analytics, e-commerce, product management and others) with monthly tuition installments typically totaling $3,000–$4,000 per degree; examples cited include an MBA in Nigeria at about $160/month and a bachelor at $80/month. The platform serves learners from 70 countries, with Nigeria its largest market, and combines automation with faculty and career-advisor support plus employer placement programs. Nexford has blue-chip partnerships with Microsoft, LinkedIn Learning and IBM and runs employer-sponsored upskilling arrangements such as a placement pathway with Sterling Bank. Financially, the company reported revenue growth of 300% last year and aims to triple enrollment this year. Going forward it plans to invest in product and technology (improving skills analysis and automation), expand regionally—particularly into Asia—and launch more employer partner programs to drive placements and upskilling. Nexford University builds a next-generation learning experience aimed at closing the gap between higher education and global workplace needs. The company is developing a technology platform that uses AI to deliver a personalized, engaging and affordable learning experience. Led by CEO Fadl Al Tarzi, Nexford plans to build the underlying technology and a curriculum aligned to global employer needs. The company closed a $4m seed funding round to support those efforts. Backers included Magnify Ventures and angel investors from New York, Dubai, Cairo, Geneva and London. Nexford is based in Washington, DC and announced the round in September 2018.

Team