Newark Venture Partners

Newark Venture Partners is a venture capital firm based in Newark, New Jersey, that specializes in early-stage investments, including pre-seed and Series A funding. Founded in 2015, the firm focuses on B2B technology companies across various sectors, with particular interest in healthtech, supply chain, and audio/voice technology. Newark Venture Partners typically invests up to $2 million in initial funding and takes a five percent stake in portfolio companies. In addition to providing capital, the firm offers company-building services and runs an accelerator program to support entrepreneurs in scaling their businesses, thereby contributing to economic development and job creation in the Newark area.

Daniel Borok

Managing Partner

Vaughn Crowe

Managing Partner

Skylar Dorosin

Principal

Don Katz

Founder

Chika Ogele

Associate

Past deals in New Jersey

Agilis Chemicals

Seed Round in 2020
Agilis Chemicals, Inc. is a commerce platform specifically designed for the chemical industry, enabling producers and distributors to create their own branded e-commerce portals. Founded in 2016 and based in Newark, New Jersey, Agilis provides a cloud-based solution that integrates marketing tools, analytics, and workflows to enhance the digital sales experience. The platform allows chemical suppliers to connect with channel partners and offer customers a secure, optimized online shopping experience. By combining industry knowledge with technological expertise, Agilis Chemicals offers a cost-effective way for businesses in the chemical sector to engage customers and streamline their operations through modern digital channels.

MindRight Health

Seed Round in 2020
MindRight Health, founded in 2019 and based in Newark, New Jersey, offers mental health coaching through text messages, aiming to make mental health care accessible and inclusive for communities of color and low-income families. The company provides a personalized coaching system that matches users with specific coaches, delivering culturally-responsive support seven days a week. MindRight's services address the unique challenges faced by youth who often avoid traditional clinical services due to stigma and accessibility issues. By partnering with healthcare payers and providers, MindRight creates a continuum of support that helps predict and prevent mental health crises in these communities. Coaches engage with users by checking in regularly and tracking their progress, ensuring effective mental health assistance tailored to their needs.

Optimal Dynamics

Seed Round in 2020
Optimal Dynamics, Inc. develops artificial intelligence (AI) based software that provides carriers with load recommendations. The company provides SMART-TL, an application that automates the process of searching for loads and recommends loads to the right carrier. It serves the logistics and supply chain sector. The company was founded in 2016 and is based in Princeton, New Jersey.

Wellsheet

Series A in 2020
Wellsheet, Inc. is a technology company that specializes in optimizing clinical workflows through its application, which integrates with existing electronic health records (EHR). Founded in 2015 and based in Newark, New Jersey, with an additional office in New York, the company utilizes artificial intelligence and machine learning to organize and present pertinent patient information in a streamlined format. By enabling healthcare providers to access relevant data quickly and effectively, Wellsheet enhances early intervention and improves overall hospital efficiency. The platform collaborates with major EHR vendors, including Epic and Cerner, to ensure seamless integration and distribution through a software-as-a-service model. Wellsheet's approach has demonstrated significant impact in large health systems, improving the accuracy and efficiency of patient care at the point of service.

Futurestay

Venture Round in 2020
Futurestay, Inc. is a company that specializes in developing a software-as-a-service (SaaS) platform aimed at vacation rental owners and managers. Founded in 2011 and headquartered in New Brunswick, New Jersey, Futurestay offers a comprehensive management system that enables users to create, market, book, and manage their vacation rental websites. The platform allows property owners to efficiently rent their properties online, manage client data and reservations, and advertise to minimize vacancies. Futurestay's Vacation Rental Management Software assists in controlling guest interactions, bookings, and communications, while its ListingSync Channel Manager keeps listings on platforms such as Airbnb, HomeAway, and Booking.com updated. With a presence in over 120 countries and more than 110,000 vacation rentals, Futurestay provides valuable services to a diverse range of property types, including hostels, private homes, bed and breakfasts, small hotels, and luxury accommodations.

1Huddle

Series A in 2020
1Huddle, Inc. is a company that offers innovative staff training and consulting services globally, specializing in a game-based platform designed to enhance employee onboarding and skill development. Founded in 2010 and headquartered in Newark, New Jersey, 1Huddle transforms traditional training materials, such as manuals and videos, into engaging mobile games that promote competition and can be accessed anytime and anywhere. The platform serves a diverse range of sectors, including professional sports, health and fitness, real estate, finance, and government. With over 70 paying clients and more than 20,000 users, 1Huddle has created an extensive library of five million game questions and has garnered attention from major media outlets. The company focuses on improving employee engagement and performance through its interactive training solutions.

ABF Creative

Seed Round in 2019
ABF Creative is an audio-first media agency based in Newark, New Jersey, founded in 2017. The company specializes in producing multicultural branded and scripted audio experiences, primarily targeting Fortune 500 companies. As a significant multiethnic podcast network, ABF Creative seeks to bridge the gap between culture and media, aiming to reach and impact 100 million people of color through its original and branded podcast offerings.

MindRight Health

Pre Seed Round in 2019
MindRight Health, founded in 2019 and based in Newark, New Jersey, offers mental health coaching through text messages, aiming to make mental health care accessible and inclusive for communities of color and low-income families. The company provides a personalized coaching system that matches users with specific coaches, delivering culturally-responsive support seven days a week. MindRight's services address the unique challenges faced by youth who often avoid traditional clinical services due to stigma and accessibility issues. By partnering with healthcare payers and providers, MindRight creates a continuum of support that helps predict and prevent mental health crises in these communities. Coaches engage with users by checking in regularly and tracking their progress, ensuring effective mental health assistance tailored to their needs.

Speak2

Pre Seed Round in 2019
Speak2 Software LLC specializes in voice command solutions tailored for senior citizens, enhancing their ability to request non-healthcare services such as housekeeping and food delivery. Founded in 2018 and based in Morganville, New Jersey, Speak2 utilizes widely available devices like Amazon Alexa and Google Assistant to facilitate these requests. The software integrates with existing pull cord systems and smart technology, allowing residents in assisted living and skilled nursing facilities to control their environment effectively. By streamlining communication and service requests, Speak2 aims to improve care quality while reducing the risk of falls and other injuries among seniors. Additionally, the platform offers recreational benefits, including access to music, audiobooks, and news, fostering better connections with family and friends. Overall, Speak2 is committed to enhancing the lives of aging individuals through innovative voice command technology.

PeduL

Seed Round in 2019
PeduL Inc. is a crowdfunding platform based in Newark, New Jersey, founded in 2016. The platform is designed to help students raise funds for their higher education, addressing the financial challenges many face when pursuing college degrees. By providing a dedicated space for education crowdfunding, PeduL enables students to connect with potential donors who can assist in alleviating the costs associated with higher education. This innovative approach aims to change the traditional methods of funding college expenses, offering an alternative solution for students in need of financial support.

Agilis Chemicals

Seed Round in 2019
Agilis Chemicals, Inc. is a commerce platform specifically designed for the chemical industry, enabling producers and distributors to create their own branded e-commerce portals. Founded in 2016 and based in Newark, New Jersey, Agilis provides a cloud-based solution that integrates marketing tools, analytics, and workflows to enhance the digital sales experience. The platform allows chemical suppliers to connect with channel partners and offer customers a secure, optimized online shopping experience. By combining industry knowledge with technological expertise, Agilis Chemicals offers a cost-effective way for businesses in the chemical sector to engage customers and streamline their operations through modern digital channels.

Upsider

Seed Round in 2018
Upsider, Inc. is a recruiting management platform founded in 2015 and headquartered in Newark, New Jersey. The company leverages artificial intelligence to enhance candidate identification and streamline the recruitment process. Its system automates a significant portion of the hiring workflow, including predictive forecasting, automated sourcing, and email campaigns, which allows organizations to efficiently manage the recruiting process from job requisition to the initial screening calls. Additionally, Upsider offers comprehensive support services, including onboarding and screening, aimed at reducing hiring costs and improving the speed at which qualified candidates are filled.

1Huddle

Series A in 2018
1Huddle, Inc. is a company that offers innovative staff training and consulting services globally, specializing in a game-based platform designed to enhance employee onboarding and skill development. Founded in 2010 and headquartered in Newark, New Jersey, 1Huddle transforms traditional training materials, such as manuals and videos, into engaging mobile games that promote competition and can be accessed anytime and anywhere. The platform serves a diverse range of sectors, including professional sports, health and fitness, real estate, finance, and government. With over 70 paying clients and more than 20,000 users, 1Huddle has created an extensive library of five million game questions and has garnered attention from major media outlets. The company focuses on improving employee engagement and performance through its interactive training solutions.

Inpensa

Series A in 2018
Inpensa Inc. is a SaaS technology and advisory services company based in Edison, New Jersey, dedicated to providing investment advisory solutions for corporate executives. The company offers a suite of products designed for enterprise business value management, including PlanIQ for project portfolio strategic planning, CaseIQ for business case management, and TracIQ for tracking return on investment and value realization. Additionally, Inpensa provides VendorIQ for vendor analysis and cost optimization, and MetricsIQ for key performance indicators and metrics management. Founded by professionals from Fortune 500 firms, Inpensa leverages extensive expertise in financial management, project portfolio management, and enterprise cost optimization to help organizations effectively prioritize projects, analyze costs, and track the benefits of their investments.

Vydia

Series A in 2018
Vydia, Inc. operates a centralized platform designed for video creators to effectively manage their content. Founded in 2013 and based in Freehold, New Jersey, Vydia provides services that include monetization analytics, multi-network publishing, rights management, and mobile access. The platform caters to a diverse clientele, including multi-platinum artists, independent musicians, social influencers, and entertainment agencies. With a focus on empowering creators, Vydia handles the complexities of content monetization, distribution, rights management, and payments, enabling artists to realize their creative and financial potential. The company has been instrumental in promoting notable talents such as Lil Pump, Fetty Wap, Post Malone, and Bhad Bhabie, solidifying its position in the video technology landscape.

Inpensa

Convertible Note in 2018
Inpensa Inc. is a SaaS technology and advisory services company based in Edison, New Jersey, dedicated to providing investment advisory solutions for corporate executives. The company offers a suite of products designed for enterprise business value management, including PlanIQ for project portfolio strategic planning, CaseIQ for business case management, and TracIQ for tracking return on investment and value realization. Additionally, Inpensa provides VendorIQ for vendor analysis and cost optimization, and MetricsIQ for key performance indicators and metrics management. Founded by professionals from Fortune 500 firms, Inpensa leverages extensive expertise in financial management, project portfolio management, and enterprise cost optimization to help organizations effectively prioritize projects, analyze costs, and track the benefits of their investments.

Futurestay

Venture Round in 2017
Futurestay, Inc. is a company that specializes in developing a software-as-a-service (SaaS) platform aimed at vacation rental owners and managers. Founded in 2011 and headquartered in New Brunswick, New Jersey, Futurestay offers a comprehensive management system that enables users to create, market, book, and manage their vacation rental websites. The platform allows property owners to efficiently rent their properties online, manage client data and reservations, and advertise to minimize vacancies. Futurestay's Vacation Rental Management Software assists in controlling guest interactions, bookings, and communications, while its ListingSync Channel Manager keeps listings on platforms such as Airbnb, HomeAway, and Booking.com updated. With a presence in over 120 countries and more than 110,000 vacation rentals, Futurestay provides valuable services to a diverse range of property types, including hostels, private homes, bed and breakfasts, small hotels, and luxury accommodations.

Enhatch

Seed Round in 2017
Enhatch Inc. is a company based in Lyndhurst, New Jersey, founded in 2009. It specializes in developing a platform technology that integrates digital marketing and sales tools to enhance revenue generation and customer satisfaction. The company's Patient-Driven Technology (PDT) platform provides access to essential educational materials, patient-specific planning software, inventory management, sales tools, and financial reporting. Additionally, Enhatch is focused on creating an intelligent surgery ecosystem aimed at reducing surgical costs and improving safety during orthopedic procedures. This comprehensive approach supports medical practitioners in delivering effective surgical care while addressing the growing demand in the healthcare sector.

botique.ai

Seed Round in 2017
Botique.ai Inc. specializes in developing an AI-powered conversational process automation platform aimed at enhancing customer interactions in contact centers. Founded in 2017 and based in Newark, New Jersey, the company offers a solution that automates chat interactions, alleviates workload on human agents, and increases overall availability. The platform utilizes advanced Conversational Artificial Intelligence and Natural Language Processing algorithms, enabling it to effectively simulate human-like interactions. This technology seamlessly integrates into existing service workflows, requiring minimal training and resource commitment from companies. Botique.ai has already demonstrated its effectiveness in large commercial enterprises, where it has successfully reduced personnel costs without compromising the quality of customer interactions. The company currently serves five paying enterprises, achieving an annual recurring revenue of $100,000.

Wellsheet

Seed Round in 2017
Wellsheet, Inc. is a technology company that specializes in optimizing clinical workflows through its application, which integrates with existing electronic health records (EHR). Founded in 2015 and based in Newark, New Jersey, with an additional office in New York, the company utilizes artificial intelligence and machine learning to organize and present pertinent patient information in a streamlined format. By enabling healthcare providers to access relevant data quickly and effectively, Wellsheet enhances early intervention and improves overall hospital efficiency. The platform collaborates with major EHR vendors, including Epic and Cerner, to ensure seamless integration and distribution through a software-as-a-service model. Wellsheet's approach has demonstrated significant impact in large health systems, improving the accuracy and efficiency of patient care at the point of service.

Galactic Fog

Seed Round in 2017
Galactic Fog IP, Inc. develops a cloud-native management platform designed to help companies build future-proof applications. The company’s Gestalt Platform serves as a common control plane that enables rapid adoption, development, and deployment of cross-cloud solutions, including Function as a Service (FaaS) and Container as a Service (CaaS). Its offerings include a lambda application server compatible with various programming languages such as .Net, JavaScript, Java, Scala, Ruby, and Python, facilitating integration with other systems like message queuing or notification services. Additionally, Galactic Fog provides container management solutions and a policy engine that allows users to manage aspects of lambda and container deployment and usage. Established in 2015, the company is headquartered in South Orange, New Jersey.

Modelshop

Seed Round in 2017
Modelshop, Inc. is a technology company that provides an enterprise platform designed to automate critical analyses, moving them from traditional spreadsheets to a collaborative, scalable, and real-time environment. Founded in 2014 and headquartered in Newark, New Jersey, with additional offices in New York City, Modelshop focuses primarily on the financial services sector. Its platform enables business analysts to model decisions, simulate outcomes, and deploy real-time applications efficiently. By utilizing advanced analytics and alternative data sources, Modelshop's offerings enhance credit origination, credit risk assessment, pricing optimization, asset management, and regulatory reporting. The platform allows lenders to integrate predictive models into their business processes seamlessly, improving decision-making and operational efficiency without the need for extensive coding.

AeroFarms

Series C in 2017
AeroFarms is an urban agricultural company with a mission to transform agriculture by building and operating environmentally responsible farms throughout the world. It provides an aeroponic growing system that grows and produces with neither soil or sun, in any location. This is all possible due to the nature of their modular stackable systems which are easy to store as well as enabling of local production of pesticide-free, greens. This allows the food production system to become more sustainable, efficient, and safe by creating commercial-scale farming in urban centers. AeroFarms was founded in 2004 and is based in Newark, New Jersey. It is a recipient of the Fast Company's Most Innovative Companies for 2018 and 2019. The company was also among the Inc Magazine's "25 Most Disruptive Companies" for the year 2017.

POM Safe

Seed Round in 2017
POM Partners provides life and workforce safety solutions through its security platform that pioneers leading-edge personal and enterprise-level security innovation to mitigate security risk

Trendalyze

Seed Round in 2017
Trendalyze Inc. specializes in developing Internet of Things (IoT) data analytics and visualization software. Founded in 2014 and based in Newark, New Jersey, the company offers a cloud-based platform designed for analyzing time-series data, particularly in the healthcare sector. Trendalyze's solutions focus on motif discovery, enabling users to visualize, search, and monitor recurring patterns in large datasets. The platform employs an innovative search methodology that leverages pattern shapes and deep learning, allowing business professionals to uncover the underlying causes of events and set up real-time monitoring and alert systems. This approach simplifies data analysis, making it accessible without the need for extensive IT or data science resources, and helps customers monetize data patterns while improving operational outcomes.

1Huddle

Seed Round in 2017
1Huddle, Inc. is a company that offers innovative staff training and consulting services globally, specializing in a game-based platform designed to enhance employee onboarding and skill development. Founded in 2010 and headquartered in Newark, New Jersey, 1Huddle transforms traditional training materials, such as manuals and videos, into engaging mobile games that promote competition and can be accessed anytime and anywhere. The platform serves a diverse range of sectors, including professional sports, health and fitness, real estate, finance, and government. With over 70 paying clients and more than 20,000 users, 1Huddle has created an extensive library of five million game questions and has garnered attention from major media outlets. The company focuses on improving employee engagement and performance through its interactive training solutions.

Inpensa

Venture Round in 2017
Inpensa Inc. is a SaaS technology and advisory services company based in Edison, New Jersey, dedicated to providing investment advisory solutions for corporate executives. The company offers a suite of products designed for enterprise business value management, including PlanIQ for project portfolio strategic planning, CaseIQ for business case management, and TracIQ for tracking return on investment and value realization. Additionally, Inpensa provides VendorIQ for vendor analysis and cost optimization, and MetricsIQ for key performance indicators and metrics management. Founded by professionals from Fortune 500 firms, Inpensa leverages extensive expertise in financial management, project portfolio management, and enterprise cost optimization to help organizations effectively prioritize projects, analyze costs, and track the benefits of their investments.

Galactic Fog

Venture Round in 2016
Galactic Fog IP, Inc. develops a cloud-native management platform designed to help companies build future-proof applications. The company’s Gestalt Platform serves as a common control plane that enables rapid adoption, development, and deployment of cross-cloud solutions, including Function as a Service (FaaS) and Container as a Service (CaaS). Its offerings include a lambda application server compatible with various programming languages such as .Net, JavaScript, Java, Scala, Ruby, and Python, facilitating integration with other systems like message queuing or notification services. Additionally, Galactic Fog provides container management solutions and a policy engine that allows users to manage aspects of lambda and container deployment and usage. Established in 2015, the company is headquartered in South Orange, New Jersey.

Vydia

Seed Round in 2016
Vydia, Inc. operates a centralized platform designed for video creators to effectively manage their content. Founded in 2013 and based in Freehold, New Jersey, Vydia provides services that include monetization analytics, multi-network publishing, rights management, and mobile access. The platform caters to a diverse clientele, including multi-platinum artists, independent musicians, social influencers, and entertainment agencies. With a focus on empowering creators, Vydia handles the complexities of content monetization, distribution, rights management, and payments, enabling artists to realize their creative and financial potential. The company has been instrumental in promoting notable talents such as Lil Pump, Fetty Wap, Post Malone, and Bhad Bhabie, solidifying its position in the video technology landscape.

Navinata Health

Convertible Note in 2016
Navinata Health, Inc operates Pharma-MD, a knowledge exchange platform designed to optimize 2-way knowledge exchange between pharma and physicians with a primary focus on cancer, heart disease, and neurological disorders. Its platform enables to share insight and educational needs via short insight studies; learn about innovative therapies; and connect w/experts. The company was incorporated in 2015 and is based in Princeton, New Jersey.

UpChannel

Convertible Note in 2016
UpChannel operates as a customer relationship management platform that facilitates connections between smartphone manufacturers and their customers. Founded in 2014 and based in Newark, New Jersey, the company offers a mobile application designed to enhance user engagement and provide valuable insights. This app allows manufacturers to track devices, diagnose hardware issues, and understand customer demographics such as interests and preferences. Through a dedicated dashboard, manufacturers can analyze customer data, manage interactions, and send targeted communications like push notifications or messages. By enabling these ongoing relationships, UpChannel helps manufacturers increase customer loyalty and optimize the utility of their devices throughout the product lifecycle.

Futurestay

Venture Round in 2016
Futurestay, Inc. is a company that specializes in developing a software-as-a-service (SaaS) platform aimed at vacation rental owners and managers. Founded in 2011 and headquartered in New Brunswick, New Jersey, Futurestay offers a comprehensive management system that enables users to create, market, book, and manage their vacation rental websites. The platform allows property owners to efficiently rent their properties online, manage client data and reservations, and advertise to minimize vacancies. Futurestay's Vacation Rental Management Software assists in controlling guest interactions, bookings, and communications, while its ListingSync Channel Manager keeps listings on platforms such as Airbnb, HomeAway, and Booking.com updated. With a presence in over 120 countries and more than 110,000 vacation rentals, Futurestay provides valuable services to a diverse range of property types, including hostels, private homes, bed and breakfasts, small hotels, and luxury accommodations.

Radius8

Seed Round in 2016
Radius8, Inc. is a software company that specializes in creating hyperlocal shopping experiences for retailers. Founded in 2014 and based in Princeton, New Jersey, Radius8 enables businesses to leverage local consumer behavior to drive foot traffic to nearby stores. The platform tailors online and in-store experiences to meet local demand, enhancing customer engagement and improving profitability. By ensuring that local content reaches customers through their social networks and online searches, Radius8 helps retailers connect with consumers in a more meaningful way. The implementation of its technology is typically rapid, taking less than 30 days, and does not require changes in store associate behavior or significant investments in new infrastructure. Notable clients include brands like GUESS, John Varvatos, and Academy Sports + Outdoors. Through its strategic partnership with JRNI Limited, Radius8 continues to enhance the integration of digital and physical retail spaces, unlocking commerce opportunities based on local trends and consumer data.

Navinata Health

Convertible Note in 2015
Navinata Health, Inc operates Pharma-MD, a knowledge exchange platform designed to optimize 2-way knowledge exchange between pharma and physicians with a primary focus on cancer, heart disease, and neurological disorders. Its platform enables to share insight and educational needs via short insight studies; learn about innovative therapies; and connect w/experts. The company was incorporated in 2015 and is based in Princeton, New Jersey.

KiDCASE

Seed Round in 2014
KiDCASE manufactures iPad smart cases. The company offers KiDCASE, a kid-friendly smart case that dock onto child’s iPad. Its product monitors usage, sets daily time limits, and restricts certain times of the day via the companion app, as well as enables users to automatically reward their child with bonus time for making better content choices or hitting their daily fitness goals. The company was founded in 2015 and is based in Parsippany, New Jersey.
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