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New Richmond Ventures
NRV partners with its portfolio companies to provide counsel, connections and capital. The firm is a team of entrepreneurs, C-suite executives, and industry...
New Richmond Ventures
NRV partners with its portfolio companies to provide counsel, connections and capital. The firm is a team of entrepreneurs, C-suite executives, and industry experts offering tailored company services and is positioned to scale and grow early stage ventures. Founded in 2011 by Jim Ukrop, Bob Mooney, and Ted Chandler, NRV invests growth capital in high growth companies with demonstrated market traction. In May 2017 it launched the NRV Early Stage Growth Fund, L.P., a $33 million fund.
General information
Firm type
Venture Capital
Year founded
2011
Location
Region
North America
Country
United States
City
Richmond
Corporate office
303 West Broad Street, Suite 310, Richmond, VA 23220, United States
Principals
Ted Chandler
Laura Markley
Bob Mooney
Scott Ukrop
Jim Ukrop
founder
Bob Mooney
founder
Ted Chandler
founder
Frequently asked questions
Who runs investment decisions at New Richmond Ventures?
NRV does not publicly name its investment committee, general partners, or principals. The firm describes its team as composed of former entrepreneurs, C-suite executives, and dedicated industry experts. No individual decision-makers are identified on its website or in available public filings.
Does New Richmond Ventures participate in fund commitments or only direct deals?
The firm does not publicly specify whether it operates through direct investments, fund-of-fund commitments, or both. Its website mentions the ability to 'deploy capital efficiently and effectively' but offers no structural detail on investment vehicles. This lack of disclosure makes secondary sourcing necessary for a definitive answer.
What investment stages does New Richmond Ventures typically target?
NRV states it is 'uniquely positioned to scale and grow early stage ventures.' It targets early-stage companies, including seed and start-up phases, as well as expansion and late-stage growth opportunities. The firm does not disclose a minimum or maximum check size for any stage.
Which sectors does New Richmond Ventures explicitly avoid?
NRV does not publish a list of excluded sectors or industries. Its public statements describe a generalist approach centered on the quality of entrepreneurial teams rather than sector-specific mandates. Without a named negative list, institutional allocators should confirm directly whether any sectors are out of scope.
Profile maintained by Altss 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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