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Nov 13, 2025 8:00 AM

nvp capital Crosses $200M in AUM with Second Fund to Back Vertical AI Founders Transforming Legacy Industries

NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- nvp capital, a New York-based seed-stage venture firm investing globally in enterprise software and vertical AI, today announced the close of its second fund totaling $80M. Fund II includes capital from a diverse mix of institutional investors including Prudential Financial, Rutgers Endowment, Ford Foundation and Liberty Mutual Investments and corporate partners such as Audible (an Amazon Company) and Horizon Mutual Holdings, Inc., the parent company of New Jersey's largest health insurer, bringing total assets under management to $200M.

nvp capital, co-founded by Dan Borok and Vaughn Crowe, partners with founders leveraging AI to modernize under-digitized industries, including healthcare, industrials, financial services, workforce management, commerce enablement, and more.

"We back extraordinary people building businesses that will revolutionize legacy operations through AI by modernizing outdated processes," said Vaughn Crowe, Co-Founder and Managing Partner at nvp capital. "Our model isn't just capital—we're dot connectors, providing founders with exclusive access to leading experts in their industries to help them scale faster, sell smarter, and build trust with the right customers."

Since its founding, nvp has established itself as a top-performing venture fund, backing founders at the seed stage and building conviction early in companies modernizing legacy industries. Many of those early bets have since been validated through significant follow-on rounds and successful ...