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 both parents and childcare providers. The platform addresses the challenges faced by working families in finding affordable and quality childcare. By connecting local families with educational programs and childcare services seeking to increase enrollment, BridgeCare helps reduce the financial burden on parents. This enables caregivers to maintain their children's education and career continuity without significant financial stress.

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, with additional offices in California and Georgia, the company serves a global clientele. Its flagship product, drayOS, equips drayage carriers with essential tools to streamline operations and enhance competitiveness. The platform encompasses a variety of features, including a customer management system, AI-driven order entry, geofencing, and comprehensive tracking for trucks and containers. Additionally, it facilitates billing and settlements through system-generated documentation, allowing users to receive timely load status updates and access critical information regarding their containers.

Valcre

Series A in 2022
Valcre is a software company specializing in an advanced appraisal platform tailored for the commercial real estate industry. Its software-as-a-service (SaaS) solution streamlines job and client management, allowing firms of all sizes to enhance their workflow. The platform offers a comprehensive suite of tools, including comparable data storage and customizable appraisal templates, which enable appraisers to focus on analyzing commercial real estate. By providing an organized and efficient approach to appraisals, Valcre empowers users to save time and optimize their processes in valuing commercial assets.

Scanifly

Venture Round in 2022
Scanifly is a technology company that specializes in developing drone-based 3D modeling software aimed at improving solar workflow efficiency. The platform automates and centralizes various manual tasks involved in solar project planning, allowing solar companies to create three-dimensional simulations of solar arrays and conduct shading analysis. By providing tools for generating customized proposals, Scanifly enables its clients to reduce operational costs and minimize the need for on-site visits. This innovation not only enhances design accuracy but also contributes to improved worker safety within the solar industry.

Rosie

Venture Round in 2021
Rosie is an online grocery shopping platform that connects consumers with local stores, allowing them to conveniently purchase a wide range of grocery items. The company partners with independent grocers and wholesalers to offer a seamless ecommerce experience, including delivery options and comprehensive marketing support. By utilizing proprietary data analytics, Rosie enhances the shopping experience, helping customers find and discover products from numerous retailers across the country. The platform is designed to support local businesses while providing consumers with a diverse selection of groceries and streamlined delivery logistics.
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