Venture Fund Member Profile
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Novitas Capital is a venture capital firm that prospers because of our investment philosophy, our strong partner relationships, and our team who carries significant hands-on experience in successfully guiding companies to growth and value creation. For more than a decade, Novitas Capital has successfully invested in and generated returns on early-stage technology and life science companies.
At Novitas, we mine innovation and opportunities where funding for seed, start-up and early stage ventures is scarce. We discover companies at their earliest stages, thoroughly vet them and, upon typically leading investment rounds, take an active role in facilitating their success. The companies and ventures in which we invest are characterized by strong intellectual capital, proven leadership, breakthrough concepts, and unique positioning.
Based in Wayne, Pennsylvania, with offices in Pittsburgh, Pennsylvania, Allendale, New Jersey, and Morgantown, West Virginia, Novitas currently has approximately 30 active portfolio companies and manages approximately $237 million across three venture funds.
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Scott Nissenbaum Managing Director Novitas Capital |
Mr. Nissenbaum joined Novitas Capital in 1998, and is focused on investments in Technology. Mr. Nissenbaum has served on the Boards of Directors of Traffic.com (NASDAQ:TRFC), USA Technologies (OTC.BB:USTT), EZ Prints, Commerce360, ImageTree, Haley Systems, and Fortera, and as an Observer to the Boards of Directors of eDuction, RenuitNow, and InGrid.
He developed his financial and analytical skills as a co-founder and Vice President of Quaker State Mortgage Corporation. Quaker State Mortgage Corporation is a commercial mortgage banking operation that provides debt restructuring and financing for distressed commercial properties throughout the US. During his tenure, the company achieved annual growth rates of over 100 percent.
While building the operations for Quaker State, Mr. Nissenbaum served as an adjunct faculty member in the Management Information Systems department of St. Joseph's University, focusing on business software applications. In 2007, Mr. Nissenbaum served as an adjunct faculty member at the University of Pennsylvania's Wharton School, focusing on Venture Capital and Entrepreneurial Management in the MBA program.
Scott participated in the FundingPost event: Perfect Venture Conference IV
on November 3 and 4, 2008 in NY, Sponsored by Credit Suisse, Ross & Company, Wolf Block, Shelowitz & Associates, Geller & Company
To list your Company on our website and make your profile available to Scott and 7,500+ other VCs and Angel Investors, Click Here.
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About FundingPost
For almost nine years FundingPost has worked with thousands
of Angel and Venture Capital Investors. We believe that it is
important to reach investors in every medium possible -
both online and offline. We have been directly responsible for
tons of success stories and Millions and Millions of dollars raised.
We look forward to introducing your company to the leading Venture and Angel Investors nationwide.
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