Avenue Growth Partners

Avenue Growth Partners is a growth private equity firm established in 2020 and based in Washington, District of Columbia. The firm specializes in investing in high-growth business-to-business (B2B) software companies at the expansion stage. Avenue Growth Partners aims to support companies that demonstrate significant potential for growth and innovation within the software sector. By focusing on this niche, the firm seeks to identify and nurture promising businesses that are poised to make a substantial impact in their respective markets.

Brian Goldsmith

Co-Founder and Partner

Ryan Russell

Co-Founder and Partner

5 past transactions

BridgeCare

Series A in 2024
BridgeCare is a child care data and community management platform designed to assist organizations that support parents and childcare providers. The platform addresses the challenges faced by working families in locating affordable childcare and education options. By connecting local families with various childcare and educational programs, BridgeCare enables families to secure quality care while reducing their monthly expenses over time. This approach helps parents and caregivers ensure their children's uninterrupted career paths without financial strain, ultimately promoting a supportive community for families in need of childcare solutions.

PortPro

Series A in 2023
PortPro is a transportation management software provider specializing in the drayage sector. Headquartered near the Port of Newark, New Jersey, the company also has regional offices in California and Georgia, allowing it to cater to a global customer base. Its flagship product, drayOS, is designed to support container drayage carriers and their customer support teams. The platform encompasses various features such as customer management, AI-driven order entry, geofencing, driver information management, and truck and container tracking. Additionally, it streamlines billing and settlements by generating necessary documentation, providing customers with timely load status updates, and enhancing visibility over their containers.

Valcre

Series A in 2022
Valcre is a software company that specializes in providing an advanced appraisal platform tailored for the commercial real estate sector. This platform offers a streamlined solution for job and client management, allowing firms to efficiently produce and present their appraisal work. By integrating custom reporting and comparable data storage, Valcre's software enhances workflow management, enabling appraisers to concentrate on analyzing commercial real estate assets. The platform is designed to be user-friendly, making it accessible for firms of all sizes while optimizing the valuation process for commercial properties.

Scanifly

Venture Round in 2022
Scanifly specializes in drone-based 3D modeling software aimed at enhancing the solar workflow. The company's platform automates and centralizes various manual tasks, allowing solar companies to create three-dimensional simulations of solar arrays, conduct shading analysis, and generate tailored proposals. This technology helps reduce costs, minimizes the need for site visits, and improves design accuracy and worker safety. By streamlining these processes, Scanifly enables solar companies to operate more efficiently in a competitive market.

Rosie

Venture Round in 2021
Rosie is a prominent online grocery shopping platform designed to enhance the convenience of purchasing groceries from local stores. By collaborating with leading independent grocers and wholesalers, Rosie offers a user-friendly ecommerce experience, comprehensive delivery logistics, and effective marketing solutions. The platform utilizes proprietary data analytics to connect consumers with a wide range of retailers, allowing them to discover and purchase desired products easily. As a trusted partner to numerous national wholesalers, Rosie prioritizes local shopping and supports community-based grocery options, making it a preferred choice for consumers looking for accessible and diverse grocery shopping experiences.
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