Investments
29Portfolio Exits
6Funds
1About NRV
NRV (New Richmond Ventures) was formed in 2011 with a mission to help grow the Richmond community by investing in social impact-focused entrepreneurs. NRV is led by a well-known team of Richmond-area business, investment, and philanthropic leaders, principally Jim Ukrop, Bob Mooney, and Ted Chandler.
NRV Headquarter Location
1801 East Cary Street Studio 100
Richmond, Virginia, 23223,
United States
804-887-2355
Expert Collections containing NRV
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find NRV in 1 Expert Collection, including Fitness Tech.
Fitness Tech
227 items
We define fitness tech as companies leveraging software and technology to augment approaches to developing or maintaining physical fitness. Companies in this category develop tools and services including workout apps, wearables, and connected fitness equipment.
Research containing NRV
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CB Insights Intelligence Analysts have mentioned NRV in 1 CB Insights research brief, most recently on Dec 9, 2021.
Latest NRV News
Jun 2, 2016
New Richmond Ventures Seeks $30M Fund 6/1/16 Richmond, Virginia-based New Richmond Ventures seeks to raise $30 million for NRV Early Stage Growth Fund LP, according to a regulatory filing . The filing indicates the firm has not held a close yet. The firm was founded in 2011 by Jim Ukrop, Bob Mooney and Ted Chandler in 2011 to invest in area companies, but has since broadened its geographic focus. NRV says it has invested in 14 companies in five years.
NRV Investments
29 Investments
NRV has made 29 investments. Their latest investment was in Murphy's Naturals as part of their Series A on April 4, 2022.
NRV Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/12/2022 | Series A | Murphy's Naturals | $8.5M | No | 1 | |
11/22/2021 | Seed VC | Murphy's Naturals | $7.8M | Yes | 2 | |
12/8/2020 | Seed VC | Iron Sheepdog | Yes | 1 | ||
5/5/2020 | Seed VC | |||||
3/25/2020 | Series A - II |
Date | 4/12/2022 | 11/22/2021 | 12/8/2020 | 5/5/2020 | 3/25/2020 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Seed VC | Seed VC | Series A - II |
Company | Murphy's Naturals | Murphy's Naturals | Iron Sheepdog | ||
Amount | $8.5M | $7.8M | |||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 1 |
NRV Portfolio Exits
6 Portfolio Exits
NRV has 6 portfolio exits. Their latest portfolio exit was Nutriati on May 03, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
5/3/2022 | Acquired | 3 | |||
Date | 5/3/2022 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 |
NRV Fund History
1 Fund History
NRV has 1 fund, including NRV Early Stage Growth Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
6/7/2017 | NRV Early Stage Growth Fund | $33M | 3 |
Closing Date | 6/7/2017 |
|---|---|
Fund | NRV Early Stage Growth Fund |
Fund Type | |
Status | |
Amount | $33M |
Sources | 3 |
NRV Team
5 Team Members
NRV has 5 team members, including current Managing Director, General Partner, Laura Markley.
Name | Work History | Title | Status |
|---|---|---|---|
Laura Markley | Ziff Brothers Investments, PwC, and Deutsche Bank | Managing Director, General Partner | Current |
Robert Mooney | Managing Director | Current | |
Jim Ukrop | Managing Director | Current | |
Scott Ukrop | Managing Director | Current | |
Scott Tolleson | Managing Director | Former |
Name | Laura Markley | Robert Mooney | Jim Ukrop | Scott Ukrop | Scott Tolleson |
|---|---|---|---|---|---|
Work History | Ziff Brothers Investments, PwC, and Deutsche Bank | ||||
Title | Managing Director, General Partner | Managing Director | Managing Director | Managing Director | Managing Director |
Status | Current | Current | Current | Current | Former |
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