# NewRoad Capital Partners: portfolio, investments and team > NewRoad Capital Partners is a private equity based in United States. 6 investments on record, 3 in the last 12 months, latest Jul 2026. Source: https://millionrounds.com/fund/newroad-capital-partners (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # NewRoad Capital Partners Last cheque observed Jul 2026; 6 cheques on record. Email Private equity Deploying now Growth Supply Chain Logistics Retail Follow NewRoad Capital Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnewroad-capital-partners) Deploying now **100%** of best year **3** **cheques in 12 months**, 6 on record Since the last cheque **99** days **00** hrs **00** min **00** sec Median round **$14M** Cheque size, as they say **$5.0M – $20M** Rounds led **3 of 6** Sole investor **1 rounds** Mostly in **United States, 100%** Pitch NewRoad Capital Partners ## NewRoad Capital Partners highlights - 01 3 cheques in the last 12 months - 02 Mostly Series B and Seed: 60% of its rounds - 03 Sole investor in 1 rounds, median $15M ## What they do > NewRoad is an operator-led investment firm focused on smarter commerce solutions. NewRoad Capital Partners invests in high-growth supply chain and logistics, retail and marketing technology companies. From their own website - **Type:** Private equity - **Cheque size:** $5.0M – $20M as they say - **Stages:** Growth - **Sectors:** Supply Chain Logistics Retail - **Based in:** Bentonville, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **6 appearances** - **2026** 3 rounds - **Jul** **[Freehand](https://millionrounds.com/company/freehand)** Series B · US · Crunchbase News **$75M** *Led* - **May** **[ReFiBuy](https://millionrounds.com/company/refibuy)** Seed · US · TechStartups **$14M** *Led* - **Jan** **[Spangle](https://millionrounds.com/company/spangle)** Series A · US · TechCrunch **$15M** *Led* - **2019** 1 round - **Jun** **[Engage3](https://millionrounds.com/company/engage3)** Series C · US · FinSMEs **$12M** With 3 others - **2018** 1 round - **Nov** **[Bardavon Health](https://millionrounds.com/company/bardavon-health)** Series B · US · Crunchbase **$15M** Sole investor - **2016** 1 round - **Oct** **[Epoch Health](https://millionrounds.com/company/epoch-health)** US · FinSMEs **$5.0M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** AJ **Arthur Joseph Emmanuel** Chief Financial Officer i Form ADV SK **Satoko Kato** Clo, CCO i Form ADV We also hold **22** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$584M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Newroad Capital Partners, LLC - **SEC number:** CRD 281487 Funds on its Form ADV **5** private funds, **$470M** in gross assets · filed Apr 2024 - NewRoad Fund IV, L.P. *Private equity* 164 investors $234M - NewRoad Fund III, L.P. *Private equity* 117 investors $190M - NewRoad Ventures, LLC *Private equity* 84 investors $34M - NewRoad Fund III Coinvest II, L.P. *Private equity* 16 investors $7.7M - NewRoad Fund III Coinvest, I L.P. *Private equity* 14 investors $3.4M ## The cheque Growth Median round joined **$14M** the round, not its cheque Alone, median **$15M** Led 3 of 6 rounds **50%** - **Said size:** $5.0M – $20M - **Sole investor:** 1 rounds - **Last cheque:** Jul 2026 Rounds by stage said on their site - Series B *2* - Seed *1* - Series A *1* - Series C *1* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching NewRoad Capital Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies NewRoad Capital Partners put money into. [**Freehand** $75M · Jul 2026](https://millionrounds.com/company/freehand)[**Spangle** $15M · Jan 2026](https://millionrounds.com/company/spangle)[**Engage3** $12M · Jun 2019](https://millionrounds.com/company/engage3) ## Quick answers about NewRoad Capital Partners ### What does NewRoad Capital Partners invest in? NewRoad Capital Partners invests most often at Series B and Seed (60% of the rounds on record), in sectors such as Supply Chain, Logistics and Retail. ### How active is NewRoad Capital Partners? 6 investments on record, 3 of them in the last 12 months, and it led 3. The most recent was in Jul 2026. ### What has NewRoad Capital Partners invested in recently? Its most recent investments on record: Freehand (Series B, Jul 2026), ReFiBuy (Seed, May 2026) and Spangle (Series A, Jan 2026). ### How big are NewRoad Capital Partners's cheques? The median round it joins is $14M. It says it writes cheques of $5.0M to $20M. ### Does NewRoad Capital Partners lead rounds? Yes: it led 3 of its 6 investments on record (50%). ### Where does NewRoad Capital Partners invest? Most of the companies it backs are in the United States (100%). ### Is NewRoad Capital Partners investing now? Yes: it is actively investing, with 3 investments in the last 12 months. ### What kind of investor is NewRoad Capital Partners? NewRoad Capital Partners is a private equity firm based in Bentonville, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=newroad-capital-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=newroad-capital-partners)