Novak Biddle Venture Partners

What is Novak Biddle Venture Partners?

Novak Biddle Venture Partners is an investment firm that specializes in providing equity financing and operational assistance to early-stage information technology companies. Focusing on enterprises based primarily in the Mid-Atlantic region of the United States, the firm has made a name for itself by supporting ventures in a range of sectors, including communication, education, consumer and internet, security, software, and services.

Founded in 1996 and headquartered in Bethesda, Maryland, Novak Biddle has cultivated a reputation for engaging deeply with the management of its portfolio companies to drive growth and success. Their investment focus is broad yet targeted, spanning across software in various forms such as Web Marketplace SaaS, as well as IT and TMT, Education, FinTech and Financial Services, Investment Management, and Mobile.

They bring a hands-on philosophy to their investments, offering not just capital but also strategic guidance to help their portfolio companies navigate the early and pre-seed stages of their development. With assets under management totaling around $150 million, Novak Biddle plays a significant role in the Mid-Atlantic venture capital ecosystem.

Their proclaimed mission is to help build successful, long-term, sustainable companies, acting as a partner and resource for entrepreneurs aiming to turn innovative ideas into market-leading enterprises.

In addition to their financial expertise, Novak Biddle participates actively in the venture capital community, as evidenced by their membership in the National Venture Capital Association and other industry-related organizations. Notably, they have seen success stories such as the public offerings of Appian and 2U, which are indicative of their ability to identify and scale high-potential startups.

What they say:

We provide equity financing and management assistance to these businesses.

What we look for: We invest in young information technology companies.