NewRoad Capital Partners, LLC
Venture capitalBentonville · Growth · 32 people tracked
Investment thesis
NewRoad is an operator-led firm whose perspective is shaped by the team's own experience building and running businesses. It backs proven and innovative technologies, products, and services that address existing and unmet market needs, viewing demonstrable demand as a key validation of a company's business model. Beyond capital, the firm offers operational knowledge, sector-specific expertise, and industry connectivity drawn from its investment professionals, operating partners, and strategic advisors. NewRoad emphasizes close collaboration with entrepreneurs and aims to help companies with proven, quantifiable demand accelerate into their next stage of growth, concentrating on supply chain, logistics, retail, and marketing technology.
Source: firm website, verified Aug 25, 2026.
Team · 32 people
from the firm's website & public directoriesFounder mafia
2 people who came through NewRoad Capital Partners, LLC went on to found or lead other companies.
What they invest in
from 18 of 50 portfolio companiesSaaS ×9AI & Machine Learning ×8Enterprise Software ×7Logistics & Supply Chain ×6Marketing Tech ×4Digital Health ×3Healthtech ×3AdTech ×2
HQs:United States×16
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×72 founders×2
Investments · 50 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 22024 · 12015 · 12014 · 18 dated
NOWDiagnostics develops rapid, point-of-care and consumer diagnostic tests.
BiotechDigital HealthHealthtechMedical DevicesBentonville, US
Kevin Clark(Executive Officer, Director, Promoter)inLisa Nibauer(Chief Executive Officer)in
BoardDoug Degn(Director)John Harley(Director)
Board seatJeremy WilsonClete Brewer· per SEC Form D
Co-investorsDigitalDx VenturesPortfolia
Bardavon Health Innovations provides clinical case management and care coordination services for injured workers in the workers' compensation space, guiding them through recovery and return-to-work processes.
Digital HealthEnterprise SoftwareHealthtechInsurTech
Matthew Condon(CEO (until early 2024))
Co-investorsCobalt Ventures
Workers' compensation management software company managing employee lifecycle from hire to retirement.
Overland Park, US
Matthew Condon(Executive Officer, Director)inJeff Hogland(Executive Officer, Director)Paul Morris(Executive Officer, Director)in
BoardRobert K Green(Director)Matthew Ferguson(Director)
Co-investorsKCRise FundMatrix Capital Management
Fayetteville, US
Marty Matlock(Director)
BoardClete T Brewer(Executive Officer, Director, Promoter)inGregory Osborn(Director)Stephen Bova(Director)Ramsay Ball(Director)Steven Brooks(Director)
Bolt Financial is a San Francisco fintech providing merchants with one-click online checkout software.
Ryan Breslow(Founder)
Co-investorsActivant CapitalBallistic VenturesBollinger Investment GroupDigital HorizonDigital Horizon VCDreamers VC+19 more
Kevin's makes ceramic non-stick cookware free from harmful chemicals like PFAS and PFOA for health-conscious home cooks.
ConsumerFoodTechWellness & Fitness
Co-investorsTowerBrook
Logiwa IO is a cloud-native warehouse management system designed for third-party logistics providers and fulfillment networks that process high volumes of orders.
AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSChicago, US
Erhan Musaoglu(CEO)inGreg Halko(COO)inPatrick Bouchard(CRO)in
Co-investorsLaunchCapitalRunway Venture PartnersSpider CapitalBAM ElevateLaunch CapitalPrologis Ventures
New Engen is a digital marketing agency that uses data and analytics to drive brand growth for its clients, offering services across advertising channels and platforms such as Instagram and TikTok.
AdTechMarketing TechSeattle, US
David Atchison(Executive Officer, Director, Promoter)Justin Hayashi(Executive Officer, Director, Promoter)in
Co-investorsAugust CapitalInsignia Capital GroupTrinity Ventures
NYSHEX provides a platform for shippers to manage ocean freight, offering market intelligence, rate and volume management, cost tracking, benchmarking, and risk management tools that connect market signals to planning and execution.
B2B MarketplacesLogistics & Supply ChainSaaS
Gordon Downes(CEO)
Co-investorsAlpine MeridianBlumberg CapitalTribeca Early Stage Partners
Optilogic is a supply chain design software company that provides modeling, optimization, and analytics solutions for enterprises.
AI & Machine LearningCloud ComputingEnterprise SoftwareLogistics & Supply ChainSaaS
Donald A. Hicks(CEO & Founder)
Co-investorsAugment VenturesBeringeaID VenturesMK Capital
Platform Science provides fleet management software that integrates commercial vehicles and mobile applications into a single connected platform for transportation companies.
Enterprise SoftwareIoTLogistics & Supply ChainSaaSSan Diego, US
Jack KennedyinJOHN C KENNEDY III(Executive Officer, Director)SMOLEK ANTHONY(Executive Officer)
BoardCHRIS SULTEMEIER(Director)WILL O'DONNELL(Director)JACOB MEDWELL(Director)
Co-investors8VCActivant CapitalManhattan Venture PartnersNext Legacy PartnersSchematic VenturesSoftBank Vision Fund
Boulder, US
Kristy Lewis(Executive Officer, Director)
BoardBen Fenton(Director)Ken Pucker(Director)Justin Lewis(Director)
Co-investorsHarbinger Ventures
ReFiBuy provides a platform for optimizing product data and visibility across AI-driven shopping environments and agents.
AI & Machine LearningE-commerceEnterprise SoftwareMarketing TechRaleigh, US
M. Scot Wingo(Executive Officer, Director)Derek Lee Conlin(Executive Officer, Director)
BoardStefan Sterns(Director)
Co-investorsG20 VenturesIncubate USKnoll VenturesVela PartnersCommerce VenturesIncubate Fund+2 more
NewRoad Capital Partners is an operator-led investment firm that invests in high-growth companies in supply chain and logistics, retail, and marketing technology.
Co-investorsAtento CapitalFlyover Capital
Bentonville, US
Michael Paladino(Executive Officer, Director, Promoter)Joseph Saumweber(Executive Officer, Director, Promoter)
Shiftboard provides cloud-based employee scheduling software that uses data intelligence and configurable automation to build shift schedules and maximize coverage for shift-based operations.
Future of WorkHR TechSaaSSeattle, US
Wilson Sterling(Executive Officer, Director)Tamara Turner(Executive Officer)Bryan Lhuillier(Executive Officer, Director)Jarrod Kleweno(Executive Officer)
BoardErik Benson(Director)inCarl Albrecht(Director)
Co-investorsVoyager Capital
Spangle delivers adaptive commerce experiences powered by AI agents that leverage discovery context from social and agentic platforms to improve conversion and ROI for retail brands and direct-to-consumer companies.
AI & Machine LearningE-commerceRetail TechSaaS
Maju Kuruvilla(CEO & Founder)inFei Wang(Co-Founder/Chief AI Scientist/CTO)inYufeng Gou(Co-Founder/Head of Engineering)inKaren Moon(CCO)in
Co-investorsMadrona Venture GroupStreamlined VenturesDnx Ventures
The Trucker Media Group provides trucking industry news, job listings for drivers and mechanics, and advertising services targeting trucking companies and CDL holders across the United States.
HR TechLogistics & Supply ChainMarketing TechMarketplacesMedia & EntertainmentAlexandria, US
Tracer is an AI-based brand protection platform that monitors digital channels, removes infringing content, and maps brand abuse networks using patented graph technology and machine vision.
AI & Machine LearningCybersecuritySaaSMiddleburg, US
Peter Hayes(Executive Officer, Director)
Co-investorsMultiplier CapitalOrigin VenturesBDMIProgress VenturesS4S Ventures
Tracer is an enterprise analytics platform that consolidates data from multiple sources and automates reporting workflows.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSaaS
Co-investorsA-Rod CorpProgress VenturesRSE VenturesBDMIS4S Ventures
Tracer is a research lab building Echo, an inference system that coordinates open-weight models behind a single OpenAI-compatible endpoint for chat, code, and agent workloads.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Co-investorsY CombinatorBDMIProgress VenturesS4S Ventures
tvScientific offers a connected TV (CTV) advertising platform with real-time reporting that integrates with Google Analytics to track traffic, conversions, and return on investment from CTV ad campaigns.
AdTechAI & Machine LearningMarketing TechSaaS
Jason Fairchild(Founder)inDavid Koye(Founder)in
Co-investorsNorwest Venture PartnersProgress VenturesSecond Alpha PartnersUnanimous CapitalAperiam VenturesS4S Ventures
Care for Kids (formerly Urgent Care for Kids) operates pediatric-focused urgent care clinics offering after-hours care in kid-friendly settings with extended hours and no appointment required.
Digital HealthHealthtechDallas, US
James Sackett(Director)Brian White(Executive Officer, Director)William Hutchison(Director)Jason Dodd(Director)Kevin Pearce(Executive Officer, Director)
Digital platform using proprietary blockchain technology for instant, encrypted, authenticated transfer of trade documents.
Co-investorsContour Venture PartnersReefknot InvestmentsThirdstream Partners
Portfolio news
latest coverage across their companies
Tracer · ycombinator.com · Jul 31, 2026

Spangle AI · newmarketpitch.com · Jul 13, 2026
ReFiBuy · retailtechinnovationhub.com · May 6, 2026
Optilogic · nasdaqprivatemarket.com · Apr 3, 2026
Bolt · techcrunch.com · Jan 8, 2026
Shiftboard · geekwire.com · Jun 2, 2025
Frequently asked questions
- How many investments has NewRoad Capital Partners, LLC made?
- NewRoad Capital Partners, LLC has 44 tracked investments, including 1 dated in the last 24 months.
- What stage does NewRoad Capital Partners, LLC invest at?
- NewRoad Capital Partners, LLC invests at the Growth stage.
- What is NewRoad Capital Partners, LLC's typical check size?
- NewRoad Capital Partners, LLC typically writes checks of $5M – $25M.
- What sectors does NewRoad Capital Partners, LLC focus on?
- NewRoad Capital Partners, LLC focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Consumer, E-commerce, Healthtech, Logistics & Supply Chain, Marketing Tech, Media & Entertainment, Mobility & Transportation, Retail Tech, SaaS.
- Where is NewRoad Capital Partners, LLC located?
- NewRoad Capital Partners, LLC is headquartered in Bentonville, US.
- Does NewRoad Capital Partners, LLC lead rounds?
- NewRoad Capital Partners, LLC has led 5 of the 5 rounds where its role is on record.
- Who does NewRoad Capital Partners, LLC co-invest with?
- NewRoad Capital Partners, LLC most often shares deals with 8VC, August Capital, Blumberg Capital, among 35 tracked co-investors.
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