Newark Venture Partners (NVP), a Newark, NJ-based seed-stage venture capital firm, specializing in B2B software, announced that Vaughn Crowe joined the firm as a Managing Partner.
Crowe will be part of the management team, leading new investments out of NVP II, the firm’s second fund, and putting his operating experience to work in support of the larger NVP portfolio and its diverse body of founders.
Crowe was instrumental in the launch of Newark Venture Partners and has contributed over the years as a thought partner on strategy and investments. He is a long-time advisor for Ray Chambers’ family office, Wesray Social Investments LP, and brings to NVP over 15 years of transaction sourcing and execution, portfolio management and governance and deep community involvement. Crowe previously served on the board of the Newark Community Economic Development Corporation (appointed by then-Mayor, now Senator Cory Booker), and currently serves as Vice-Chair of Newark Beth Israel Hospital, and on the New Jersey State Investment Council. In addition, he serves as Chairman of Princess House Inc., a consumer products company and sits on the board of Blue Note Restaurant Group.
Led by Dan Borok, Managing Partner, Newark Venture Partners invests in B2B software founders from all backgrounds as they build innovative solutions for some of today’s most complex business challenges. NVP’s Limited Partner base includes top corporate investors Audible (an Amazon Company), Dun & Bradstreet, Fidelco Realty Group, Horizon Blue Cross Blue Shield, Panasonic Corporation of North America, Prudential Financial, RWJBarnabas Health, TD Bank, and the New Jersey Economic Development Authority.
Recent investments include Mira, a subscription-based, basic health benefit provider targeting the 80M+ uninsured and underinsured individuals in the U.S.; Meet Cute, a platform for scalable audio content creation; and Agilis, digital commerce software for the chemicals industry.