Partner
Carl H. Novotny
Managing Director, The Venture Capital Fund of New England
- Firm
- The Venture Capital Fund of New England
- Title
- Managing Director
- Role
- Managing partner
- Known as
- Investor
Record updated 4 October 2026
About
Carl Novotny oversees the fund’s investments in all direct marketing related investments made by VCFNE in early stage companies. He currently serves as a member of the board of four VCFNE-related portfolio companies: Saylent Technologies, NextMark/Bionic Advertising Systems, First Equity Card Corporation, and Bindable. Prior to helping found VCFNE’s fourth and fifth funds, Mr. Novotny was the co-founder of First USA Partners, a leading affinity marketing company during the 1990’s, and eventually a wholly-owned subsidiary of Bank One and JP Morgan Chase. He also co-founded Trans National Financial Services in 1982, a pioneering company in the development of affinity marketing of financial services, most notable affinity credit card services, where he served as its COO until 1988. Mr. Novotny is active in numerous non-profit groups including the Philanthropic Council of Boston Children’s Hospital DMC, The Cure Alzheimers Fund, and The Boston Foundation. He received his BA degree from Ri
Background
- Education
- He received his BA degree from Rice University and his MBA from Harvard Business School.Source (opens in a new tab)
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