Investor / VCDMV

NewSpring Capital

Investor / VC · VC · Chevy Chase, MD

Mid-Atlantic growth equity and PE. Multiple funds across healthcare, tech, fintech. $4B+ AUM.

Founded

1999

Region

DMV

Investors

People

Mehul Bhatt
Michael Heller

About DMV

The DMV is built around a single fact: it's the seat of the federal government, and the intelligence and defense agencies headquartered there are the region's actual economic anchor, not a side industry. Georgetown, George Mason, the University of Maryland, and Johns Hopkins up in Baltimore all feed a workforce that skews toward cleared, government-adjacent technical work most other regions don't have.

Region Stats

Total firms 402

VC / investors 89

Companies 287

Schools 26

Known For

Defense

Intelligence

Technology Capital