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New Markets Venture Partners Adds $30 Million, Former Gates Foundation Executive to Edtech Fund

Edsurge

His career also includes stops at Microsoft, Schoolnet and Kaplan. New Markets has supported 43 companies since its launch in 2003; edtech startups make more than 90 percent of its deals in the past five years, Palmer adds. CB Insights projects 2016 funding totals to fall back to 2013 level , after three consecutive years of increase.

EdTech 135
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New Markets Venture Partner’s Latest Edtech Fund Closes at $68 Million

Edsurge

The mid-Atlantic region near New Markets’ headquarters in Fulton, Maryland is home to some of the education industry’s biggest names, including Blackboard, EverFi, Laureate Education and 2U. They last did so in 2013.) It’s a bold, but not entirely unfounded, thesis. Source: New Markets Education Partners.

EdTech 112