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.
32% of their portfolio is in Logistics & Supply Chain. Deal activity increased 50% year-over-year (3 deals in the last 12 months). Their most common stage is series-b (42% of deals). Average disclosed round size is $28.5M (across 37 rounds with reported amounts).
Portfolio
28
Fund Size
$176M
Top Stage
Series B
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
40 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 |
 4 Screen GmbH | Series B | $21M | Jul 2025 |
 Voxel | Series B | $44M | Jun 2025 |
 Orderful | Series A | $10M | Jan 2025 |
 WaveBL | Unknown | $11M | Jan 2024 |
| Freehand | Series A | $25M | Jan 2024 |
 Optilogic | Series B | — | Oct 2023 |
 Tracer | Series A | $18.1M | Aug 2023 |
| WaveBL | Series B | $26M | Jun 2023 |
| WaveBL | Series B | $26M | Jan 2023 |
| WWAVE BL | Series B | $26M | Jan 2023 |
| Tracer | Unknown | $18.1M | Jan 2023 |
 Insite AI | Series A | $19M | Oct 2022 |
 NYSHEX | Series B | $25M | Sep 2022 |
 MyCarrier | Series B | $22M | Sep 2022 |
 Logiwa | Series B | $16.4M | Jun 2022 |
 Platform Science | Series C | $115M | Feb 2022 |
| Insite AI | Series A | $19M | Jan 2022 |
 Kevin’s Natural Foods | Unknown | — | Sep 2021 |
 Quinn Snacks | Series B | $10M | Jul 2021 |
 WorkStep | Series B | — | Jan 2021 |
| WaveBL | Unknown | $8M | Jan 2021 |
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Top Co-Investors
Battery Ventures5 shared
Nexus Venture Partners5 shared
Contour Venture Partners4 shared
Reefknot Investments4 shared
BDMI3 shared
HG Ventures3 shared
Whitestone3 shared
Rite-Hite3 shared
MTech Capital3 shared
Eclipse3 shared
Service Provider Capital2 shared
M122 shared
Streamlined Ventures2 shared
Madrona Venture Group2 shared
BECO Capital2 shared
Echo2 shared
Tokio Marine2 shared
New York Angels2 shared
PSP Growth2 shared
The Goldman Sachs Group, Inc.2 shared
Last updated: 20 October 2026