New Richmond Ventures

What is New Richmond Ventures?

New Richmond Ventures (NRV) is a Richmond-based investment firm established in 2011, orchestrating investments with a focus on creating positive social impact. The firm is led by a group of distinguished Richmond-area professionals with backgrounds in business, investment, and philanthropy, including prominent figures such as Jim Ukrop, Bob Mooney, and Ted Chandler.

NRV invests in a diverse range of sectors, including Software (Web Marketplace SaaS, etc.), Media, Business Solutions, Food & Beverage, Logistics and Distribution, and Consumer sectors. They adopt a holistic approach by not just providing capital to companies, but also offering counsel, structured mentoring, and a suite of tailored company services designed to accelerate growth and scalability of early-stage ventures.

Their investment methodology is built upon the principles of Counsel, Connections, and Capital, collectively referred to as Triple C. They pride themselves on delivering superior guidance, leveraging their history of working relationships across various industries to foster connections and facilitating the efficient and effective deployment of capital. NRV is well-positioned in the market as a passionate team comprised of entrepreneurs, C-suite executives, and dedicated industry experts collaborating to aid the development and scale of portfolio companies.

The firm is also deeply invested in nurturing the Richmond community, contributing to its market vitality through strategic investments that support sustainable business growth.