NRV

NRV, established in 2011 and based in Richmond, Virginia, is an early-stage venture capital firm. It invests in innovative, U.S.-based companies operating in consumer goods, healthcare, leisure, and tech sectors. NRV provides capital, strategic counsel, and valuable connections to support these companies as they reach their growth inflection point, typically investing at the Series A round and reserving follow-on capital for future financing needs. The firm backs big ideas that aim to capitalize on societal megatrends, potentially driving significant change.

Ted Chandler

Co-Founder and Managing Director

Theodore Chandler Jr.

Co-Founder and Managing Director

Laura Markley

CFO and Managing Director

Bob Mooney

Co-Founder and Managing Director

Andy Stefanovich

Principal

Scott Ukrop

Managing Director

Jim Ukrop

Co-Founder and Managing Director

Past deals in Virginia

SVT Robotics

Seed Round in 2020
SVT Robotics, LLC is a company that specializes in designing and developing an automation software platform aimed at enhancing warehouse operations through robotics. Founded in 2018 and headquartered in Williamsburg, Virginia, the company leverages machine learning to create solutions that facilitate the rapid deployment of enterprise robot technology. SVT Robotics' platform serves as a bridge for businesses seeking to integrate disruptive robotics technologies into their operations, enabling them to adapt quickly to the evolving marketplace while minimizing risk. The software emphasizes seamless interoperability and a frictionless experience, allowing clients to implement automation with ease and efficiency.

Ario

Seed Round in 2019
Ario LLC is an information technology company that specializes in developing augmented reality application solutions for web and mobile platforms. Founded in 2016 and based in Norfolk, Virginia, Ario focuses on empowering frontline workers by providing tools that facilitate knowledge capture and distribution across organizations. Its innovative platform enables businesses to enhance worker skills, improve performance, and reduce human error by delivering expert knowledge precisely when and where it is needed. Ario serves a diverse clientele, including Fortune 500 companies and the U.S. military, helping them to save costs and increase revenue through effective training and operational support.

Nutriati

Series A in 2017
Nutriati is a company based in Henrico, Virginia, founded in 2013 that specializes in the research, development, production, and commercialization of plant-based food products. The company produces gluten-free chickpea protein and chickpea flour, which are designed to meet consumer demand for high-protein and non-allergenic foods. These functional ingredients are used in a variety of applications including bread, baked goods, pasta, sauces, snacks, and plant-based meat alternatives. Nutriati's products cater to the clean taste profile and functional performance demanded by consumer packaged goods companies.

Envera Health

Venture Round in 2016
Envera Health, Inc. is a healthcare technology company based in Richmond, Virginia, founded in 2014. It specializes in consumer engagement services that facilitate connections between health systems, physician groups, and patients. Envera Health's Engagement Optimization Platform integrates managed services, technology, and infrastructure to enhance patient interactions in a consumer-driven healthcare landscape. The company offers a range of solutions, including data analytics, growth strategies, and value-based care options tailored for commercial payers and employers. Its advanced engagement call center utilizes a customer relationship management (CRM) system to provide a comprehensive view of consumers, streamlining marketing and care coordination. This unified approach enables healthcare providers to improve access, drive growth, and deliver appropriate healthcare services to patients.

Moonlighting

Seed Round in 2015
Moonlighting, Inc. operates a freelance hiring platform that connects freelancers, entrepreneurs, and small businesses for various short to long-term jobs and tasks. Established in 2012 and based in Charlottesville, Virginia, the company offers a mobile, on-demand application that facilitates a virtual marketplace for individuals and small businesses. This platform enables seamless communication between those seeking to hire and those looking for work, allowing for quick and efficient job fulfillment. Moonlighting also provides a blockchain-supported platform and a comprehensive suite of tools designed to empower independent workers globally. By enabling employers to post job opportunities and facilitating instant payment through chat, the company enhances the hiring process for both workers and employers.

Health Warrior

Series B in 2014
Health Warrior, Inc. is a nutrition-focused company based in Richmond, Virginia, specializing in the production and marketing of healthy snacks, particularly chia bar snacks and seeds, as well as pumpkin seed and protein bars. Founded in 2010, the company emphasizes the use of nutrient-dense superfoods, with chia seeds as a primary ingredient in its offerings. Health Warrior aims to promote healthier dietary habits and lifestyles by providing convenient, nutritious products. Its product range includes various flavors of chia bars and protein bars, which are available through a network of retailers across the United States, as well as online through its website and major e-commerce platforms. Health Warrior operates as a subsidiary of PepsiCo, Inc.
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