# Virginia Venture Partners

Virginia Venture Partners is a Venture Capital based in Herndon, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Herndon, United States
- **Region:** North America
- **Address:** Herndon, VA, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** virginiaipc.org
- **LinkedIn:** https://www.linkedin.com/company/virginia-venture-partners

## Regulatory record

- **Reports private funds:** No

## About

Virginia Venture Partners is a venture capital firm founded in 2005 in Richmond, Virginia. It invests in seed- and early-stage companies in Virginia-based technology, life science, and cleantech sectors. The firm has made 472 investments and 49 portfolio exits.

## Questions

### Who makes the investment decisions at Virginia Venture Partners?

Investment decisions are made by the professional investment team within VIPC, subject to the organization's internal investment committee and board oversight. As a state-chartered entity, the compensation and governance structures differ from private venture firms. The exact composition of the investment committee and the name of the current managing director of the venture portfolio are not publicly documented in accessible sources.

### How does Virginia Venture Partners source its deal flow?

The fund sources deals through Virginia's university technology-transfer offices, state-funded accelerators, angel networks, and direct applications to VIPC's various funding programs. Because VIPC administers the Commonwealth Commercialization Fund and other grant vehicles, it has line of sight into early-stage research across Virginia Tech, the University of Virginia, George Mason University, and other participating institutions. The portfolio also sees referrals from co-investing venture firms active in the Northern Virginia and Richmond markets.

### Is Virginia Venture Partners a return-seeking fund or a grant program?

It is a return-seeking fund, not a grant program. While it sits within a nonprofit parent that also runs grant initiatives, the venture portfolio itself makes equity investments with expectations of financial returns. Those returns are, in principle, recycled into future investments. The dual mandate requires both return generation and in-state economic impact, distinguishing it from a conventional return-maximizing venture fund and from a purely concessional grant program.

## Related profiles

- [Virginia College Savings Plan (VPEP)](https://altss.com/profile/virginia-college-savings-plan-vpep)
- [Virgo Capital](https://altss.com/profile/virgo-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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