NewRoad Fund III

NewRoad Fund III is a private equity growth and expansion fund managed by NewRoad Capital Partners, established in 2020 and based in Rogers, Arkansas. The fund focuses on investing in demand-driven businesses across various sectors, including logistics, automation and workflow software, business and productivity software, commercial services, retail, supply chain, consumer durables and non-durables, and healthcare technology. With a target investment range of $5 million to $25 million, NewRoad Fund III aims to support innovative technologies, products, and services that address existing market needs, particularly in the retail, business services, and healthcare technology industries.

Clete Brewer

Managing Partner

Keith Carvin

Chief Financial Officer

Austin Chapman

Associate

Doug Degn

Partner

Christopher Ladd

Partner

Gregoire Lehmann

Associate

Chad Pinter

Associate

Alex Smith

Senior Associate

Stefan Sterns

Principal

21 past transactions

New York Shipping Exchange enables the transformation of the container shipping industry through two innovations: a new standardized freight contract and a new way to trade freight digitally. The company is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. They determined to eliminate the distrust between shippers and carriers that has been created by the lack of accountability in ocean contracts. It was founded in 2014 and headquartered in New York, United States.

Logiwa

Series B in 2022
Logiwa develops a cloud warehouse management and inventory management software for retail, e-commerce, and third-party logistics (3PL) businesses. The company’s clientele include Amazon, eBay, Shopify, Magento, Bigcommerce, WalMart, USPS, FedEx, UPS, Shipstation, Quickbooks, and Xero. Logiwa was formerly known as LA Software Corp and changed its name to Logiwa in May, 2017. The company was founded in 2016 and is based in Chicago, Illinois.

WorkStep

Series B in 2022
WorkStep is a job network for hourly workers. We enable better career outcomes by providing a transparent and efficient labor marketplace.

Emerge

Series B in 2021
Emerge is web-based truckload management system that connects shippers and their partners when executing full truckload transactions. Its system includes quote management, real-time tracking, real-time chat, analytics, history, and automated lane/repeat shipment creation. Emerge is built and maintained by industry experts that understand the pain points of working in freight and logistics. It was founded in 2017 and is based in Scottsdale, Arizona.

Kevin's Natural Foods

Private Equity Round in 2021
Kevin's Natural Foods is a mission-driven company based in Stockton, California, specializing in the development and manufacturing of healthy food products. The company offers a comprehensive range of refrigerated sous vide meat entrées and vegetable sides, along with a selection of sauces and seasonings. These products are designed to provide consumers with the convenience of preparing healthy, restaurant-quality meals quickly and easily. By focusing on health-forward options, Kevin's Natural Foods aims to meet the growing demand for nutritious and convenient meal solutions.

New York Shipping Exchange

Venture Round in 2021
New York Shipping Exchange enables the transformation of the container shipping industry through two innovations: a new standardized freight contract and a new way to trade freight digitally. The company is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. They determined to eliminate the distrust between shippers and carriers that has been created by the lack of accountability in ocean contracts. It was founded in 2014 and headquartered in New York, United States.

Quinn Snacks

Series B in 2021
Quinn Snacks is a developer of an online food ordering platform used to give people the choice to snack mindfully. Its platform offers a variety of flavored popcorn choosing real ingredients from trusted farmers and suppliers so the environmental impact can be lessened that enable users to shop for healthy snacks online. It was founded in 2010 and is headquartered in Boulder, Colorado.

PICKUP

Series B in 2021
PICKUP NOW, Inc. is a logistics company based in Addison, Texas, that specializes in on-demand road transportation services across the United States. Founded in 2014, it focuses on the delivery of large and heavy items such as furniture, appliances, and mattresses. The company has developed a mobile application available on both iOS and Android platforms, which allows users to easily arrange pickups and deliveries by entering their locations and item details. PICKUP serves a diverse clientele, including interior designers, businesses, warehouses, and retail stores, enabling them to offer same-day delivery options. The platform connects consumers with a network of professional, verified movers, enhancing the logistics experience for both retailers and customers.

New York Shipping Exchange

Venture Round in 2020
New York Shipping Exchange enables the transformation of the container shipping industry through two innovations: a new standardized freight contract and a new way to trade freight digitally. The company is supporting the transformation of container shipping by solving inefficiencies associated with booking downfalls and shipment rollings. They determined to eliminate the distrust between shippers and carriers that has been created by the lack of accountability in ocean contracts. It was founded in 2014 and headquartered in New York, United States.

Platform Science

Series B in 2020
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.

Emerge

Series A in 2020
Emerge is web-based truckload management system that connects shippers and their partners when executing full truckload transactions. Its system includes quote management, real-time tracking, real-time chat, analytics, history, and automated lane/repeat shipment creation. Emerge is built and maintained by industry experts that understand the pain points of working in freight and logistics. It was founded in 2017 and is based in Scottsdale, Arizona.

Engage3

Series C in 2019
Engage3, Inc. specializes in retail intelligence and mobile shopping solutions by connecting consumers with retailers, manufacturers, and media companies to facilitate personalized promotions. The company offers a suite of platforms, including MissionControl, which manages competitive price shop operations, and Vantage, an offer optimization platform that utilizes market intelligence and real-time auctioning to deliver tailored messaging to consumers. Additionally, Engage3 provides ShoppingScout, a personal shopping assistant that helps users navigate brands and retailers while managing their shopping experience. The company serves a diverse clientele, including manufacturers of consumer packaged goods, grocery and drug store retailers, and publishers, leveraging data science and AI to enhance pricing strategies and shopper engagement. Founded in 2008 and headquartered in Davis, California, with an office in Scottsdale, Arizona, Engage3 aims to empower retail executives with real-time data insights for strategic decision-making.
Bardavon Health Innovations is empowers quality healthcare decisions through networked technology, transparency and communication. We work collaboratively to offer the first comprehensive approach to workers’ compensation programs for managing the entire life-cycle of the employee, from hire to retire.

Platform Science

Series A in 2018
Platform Science, Inc. specializes in developing and integrating hardware and software solutions, along with Internet of Things (IoT) infrastructure, tailored for the transportation industry. Founded in 2014 and headquartered in La Jolla, California, the company offers a connected vehicle platform that includes essential telematics functionalities such as applications for compliance, safety, and productivity. This platform supports dynamic hardware configurations and partner integrations, facilitating innovations within the ecosystem. Additionally, Platform Science provides fleet management applications designed to enhance compliance, improve the driver experience, and optimize productivity. The company operates as a subsidiary of Daimler Trucks North America LLC, positioning itself at the forefront of the evolving landscape of connected trucks and the digital supply chain.

Shiftboard

Series A in 2018
Shiftboard, Inc. is a provider of Software-as-a-Service scheduling software that caters to business services, staffing companies, municipal governments, educational institutions, and non-profits globally. Founded in 2002 and based in Seattle, Washington, Shiftboard's platform integrates various functionalities, including group communication, employee database management, and web-based recruitment. The software allows organizations to post shifts, manage worker availability, and communicate effectively with teams. Additionally, it features tools for electronic timesheet submission, online clock-in/out, and tracking paid time off. Shiftboard also offers labor cost forecasting and compliance automation to assist businesses in adhering to labor and employment laws. The platform serves diverse industries such as call centers, event management, healthcare, and security, enabling organizations to streamline their scheduling and workforce management processes efficiently.

Drinks

Series A in 2017
DRINKS is disrupting the way wine is sold by leveraging its industry-leading digital reach and marketplace efficiencies to bring consumers the highest quality wine at the lowest prices, direct to their door. Direct-to-Consumer Properties DRINKS operates the leading consumer marketplace and platform for high quality, affordable premium wine. The company’s proprietary ecommerce platform provides optimized Direct Response acquisition, multiple storefronts, and personalized experiences. Ship-to-Home Solution DRINKS offers a plug-and-play platform for digital merchants and brick-and-mortar retailers alike to rapidly start marketing award-winning wine portfolios to their customers across the USA. DRINKS provides an end-to-end solution, from marketing a customized selection of wines specific to each customer, to state-level compliance, to delivery to a home, office, or one of 10,000 convenient local pickup locations. Best-in-Class Technology and Data Science Our patented technology leverages our 1M+ transactions, behavioral data, and demographic data to optimize wine recommendations. For further information, you may reach us at https://drinks.com

MFour Mobile Research

Series B in 2017
MFour Mobile Research, Inc. specializes in mobile market research and consumer data services, utilizing global positioning system technology to gather information at critical moments in the consumer journey. The company offers several tools, including a mobile consumer panel and the "Surveys On The Go" application, which compensates users for sharing their opinions on various subjects. Additionally, MFour Digital Behavior tracks consumers' digital interactions, while its global positioning surveys enable clients to capture current locations and visit histories, facilitating targeted audience profiling and segmentation. Founded in 2006 and based in Irvine, California, MFour serves various sectors, including market research, advertising, automotive, consumer goods, entertainment, politics, restaurants, and retail, delivering actionable insights to enhance client outcomes.

Anthem-Epoch

Venture Round in 2016
Anthem-Epoch, Inc. provides healthcare services for men through its network of clinics in the United States. It offers wellness, prostate health, testosterone and hormones, diabetes, heart health/cholesterol, cancer detection and prevention, liver and kidney health, sexual health, sleep disorder treatment, and mental health care services. The company was founded in 2012 and is headquartered in Grapevine, Texas with additional offices in Little Rock, North Little Rock, Benton, and Conway, Arkansas; Tucson, Arizona; Columbia, Missouri; and Anchorage, Alaska.

TAXA Outdoors

Series A in 2016
TAXA Outdoors, LLC, based in Houston, Texas, specializes in the design and manufacture of adventure campers and travel trailers aimed at enhancing outdoor experiences. The company produces mobile habitats that facilitate comfortable and secure camping, appealing primarily to outdoor enthusiasts who seek more than traditional tent camping. By focusing on innovative designs, TAXA Outdoors helps users connect with nature while enjoying the convenience and functionality of their products. The company attracts a diverse demographic, including some RV users, as it caters to those who value adventure and the outdoor lifestyle.

OpenMethods

Series A in 2016
OpenMethods is an enterprise software company focused on providing Omni-channel orchestration solutions between industry leading CRM platforms and Communications platforms. Our software solves the Omni-channel issues through real-time integration, control & orchestration of Omni-channel communications solutions.

DataRank

Seed Round in 2014
DataRank, Inc. provides a social listening tool for collecting and analyzing online conversations related to the business. The company offers insights for marketers in the areas of marketing measurement, competitor benchmarking, influencer identification and outreach, market research, brand health monitoring, and crisis management aspects. It collects data from various sources, such as Facebook, Twitter, Pinterest, Instagram, and online reviews and forums. The company was incorporated in 2011 and is based in Fayetteville, Arkansas. As of October 13, 2015, DataRank, Inc. operates as a subsidiary of Simply Measured, Inc.