Venture Capital

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National Venture Capital Association

National Venture Capital Association (NVCA) advocates for policies that encourage innovation and long-term investment. The organization serves as a resource...

National Venture Capital Association

National Venture Capital Association (NVCA) advocates for policies that encourage innovation and long-term investment. The organization serves as a resource for venture capital data and provides professional services to its members. NVCA has made 2 investments, including an unattributed investment in Microvast on April 20, 2017, and has 1 portfolio exit, Microvast, on February 01, 2021.

General information

Firm type

Venture Capital

Year founded

1973

Location

Region

Asia

Country

United States

City

Washington

Corporate office

Washington, D.C., United States

Additional offices

Beijing, China

Principals

Bobby Franklin

President and CEO

John Gabbert

Board Chair

Sector focus

Venture CapitalPolicy & AdvocacyStartupsTechnology

Frequently asked questions

What is the NVCA's role in shaping venture capital regulation?

The NVCA lobbies Congress and federal agencies on policies affecting the VC industry — primarily carried interest tax treatment, capital gains rates, securities regulation, and foreign investment review (CFIUS). It files amicus briefs in major startup-related lawsuits and coordinates member testimony before House and Senate committees (public record).

Does the NVCA publish investment data?

Yes. The NVCA annually publishes the NVCA Yearbook in partnership with PitchBook, providing aggregate US venture capital data on deal volume, exit value, fundraising, and sector distribution. It also operates the VentureScape platform, which offers near-real-time venture investment metrics (per NVCA).

Who are the key decision-makers at the NVCA?

Bobby Franklin has served as president and CEO since 2009. The 45-member board includes partners from leading VC firms; as of 2025, John Gabbert of Pillar VC serves as board chair. Day-to-day operations are run by a policy and research staff based in Washington (public record).

How does the NVCA produce model legal documents?

The NVCA maintains a library of model legal documents for venture capital financings — including stock purchase agreements, term sheets, and incorporation documents. These are drafted by a committee of VC attorneys and updated periodically to reflect changes in Delaware law and market practice (per NVCA).

Does the NVCA have an international office?

Yes. The NVCA opened an office in Beijing, China, in 2014 to facilitate engagement with China's venture capital ecosystem and address cross-border investment issues (per NVCA, 2014). The organization also monitors European and Asian VC regulations through partnerships with regional trade associations.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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