Mark Grovic
Employment Private Sector Advisory Council at The World Bank
College Park, Maryland
Overview
Work Experience
General Partner and Founder
2001 - Current
Mark founded New Markets Venture Partners and serves or has served on the Board of Directors for American Prison Data Systems, AppAcademy, Concentric Education, Credly (sold to NYSE: PSO), Fishtree (sold to Follett), Galvanize (sold to NYSE: LRN), Graduation Alliance (sold to KKR), Think Through Learning (sold to Imagine Learning/Weld North), MediaSolv (sold to NASDAQ: TASR), Lightningcast (sold to NYSE: TWX), Moodlerooms (sold to Blackboard), Pairin and Workspace. Mark also serves or has served as a board observer for Aldagen (sold to NASDAQ: CMXI), American Honors College (sold to Wellspring International), Andera (sold to NASDAQ: EPAY), Appfluent (sold to NASDAQ: ATTU), BioSET (sold to Ferring Pharmaceuticals), Mantra Health, Mashable (sold to Ziff Davis), Noodle, Overture Technologies (sold to CompuGain), Paratek Microwave (sold to NASDAQ: RIMM), Questar Assessment (sold to ETS), and Vision Chain (sold to NASDAQ: EOPN). Mark also co-founded LifeJourney, an online educational company that allows students to test drive real life careers in specific corporations.
New Markets Venture Partners is an early and growth stage venture capital firm.
Raised $68,000,000.00 from Lumina Foundation, ACT and Strada Education Network.
Member of the Board
2019
Member of diversity committee and founder of multi fund diversity fellowship.
Impact Capital Managers is an investment network that brings together the general partners of market-rate funds.
Youth Employment Private Sector Advisory Council
2019
Solutions for Youth Employment (S4YE)
The World Bank Group provides financial and technical assistance to developing countries.
Raised $81,000,000.00 from Northern Trust, QBE Insurance Group, NSW Treasury Corporation, Commonwealth Bank of Australia, SAFA, Aware Super and Treasury Corporation of Victoria.
Professor of Practice and Senior Advisor to the President
2002 - 2021
Award winning professor of private equity, ethics and social entrepreneurship. Led University efforts in corporate development, entrepreneurship and technology commercialization. Built innovative 2 course entrepreneurship MOOC in EdX.
Investment Committee Member
2014 - 2019
University of VA Curry School of Education accelerator and investment fund
The Jefferson Education Accelerator supports the testing and scaling of solutions that are making a positive impact on student success.
Raised $1,500,000.00 from Michael & Susan Dell Foundation.
Professor of International Business
2000 - 2002
Received "Teacher of the Year" Award
Portfolio Manager
1999 - 2001
Expanded number of country funds from 4 to 12 and led turn around of Peruvian private equity fund.
SEAF is an investment firm that provides growth capital and operational support to businesses in emerging markets.
Managing Director
1997 - 1999
Principal, Private Equity
1995 - 1997
Franklin Templeton is a global investment management organization known as Franklin Templeton Investments.
Portfolio Manager, Private Equity
1993 - 1995
Education
Doctor of Jurisprudence
1990 - 1994
Honors B.A.
1985 - 1989