NewRoad Capital Partners is an operator-focused private equity firm based in Rogers, Arkansas, investing in lower middle-market growth equity and growth buyouts. The firm focuses on supply chain & logistics, retail, and consumer packaged goods companies.
36% of their portfolio is in Logistics & Supply Chain. Deal activity increased 200% year-over-year (3 deals in the last 12 months). Their most common stage is series-b (40% of deals). Average disclosed round size is $26.3M (across 24 rounds with reported amounts).
Portfolio
19
Fund Size
$176M
Top Stage
Series B
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
25 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Freehand | Seed | $75M | Jul 2026 |
 Spangle | Series A | $15M | Jan 2026 |
| SSpangle AI | Series A | $15M | Jan 2026 |
| Freehand | Growth | $75M | Jan 2026 |
 4screen | Series B | $21M | Jul 2025 |
 Voxel | Series B | $44M | Jun 2025 |
 WaveBL | Unknown | $11M | Jan 2024 |
| Freehand | Series A | $25M | Jan 2024 |
 Tracer | Series A | $18.1M | Aug 2023 |
 Wave | Series B | $26M | Jun 2023 |
| WaveBL | Series B | $26M | Jun 2023 |
| WaveBL | Series B | $26M | Jan 2023 |
 Insite AI | Series A | $19M | Oct 2022 |
 Logiwa | Series B | $16.4M | Jun 2022 |
 Kevin’s Natural Foods | Unknown | — | Sep 2021 |
 Quinn Snacks | Series B | $10M | Jul 2021 |
| WaveBL | Unknown | $8M | Jan 2021 |
 Shiftboard | Series A | $11.5M | Jan 2018 |
 OpenMethods | Series A | $5M | Jan 2016 |
 Pickup | Unknown | $15M | — |
 Engage3 | Series C | $12M | — |
| Freehand | Series B | $75M | — |
 Nyshex | Series B | $25M | — |
 ReFiBuy | Seed | $13.6M | — |
| VVoxel Labs | Series B | $44M | — |
Top Co-Investors
Nexus Venture Partners4 shared
Battery Ventures4 shared
Reefknot Investments3 shared
Contour Venture Partners2 shared
Streamlined Ventures2 shared
Madrona Venture Group2 shared
HG Ventures2 shared
Whitestone2 shared
Rite-Hite2 shared
Eclipse2 shared
PSP Growth2 shared
BDMI1 shared
Prosus Ventures1 shared
M121 shared
DNX Ventures1 shared
BECO Capital1 shared
Echo1 shared
TowerBrook Capital Partners1 shared
4DX Ventures1 shared
Voyager Ventures1 shared
Last updated: 8 September 2026