Kayne NewRoad Ventures Fund II
2121 Avenue of the Stars, 9th Floor, Los Angeles, CA, 90067, United States
Overview
Kayne NewRoad Ventures Fund seeks and invests in demand-driven firms with strong management teams in specific market segments. Retail, consumer packaged products, supply chain & logistics, consumer healthcare, environmental, and US manufacturing are among the markets targeted by the fund.
- Total investments
- 4
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Drinks
Participated · Series B · Sep 2018
Drinks operates direct-to-consumer properties Martha Stewart Wine Co. and Wine Insiders and offers a plug-and-play platform for digital merchants and brick-and-mortar retailers to market wine. The company provides an end-to-end solution including curated, customer-specific wine selections, state-level compliance, and delivery to homes, offices, or one of 10,000 local pickup locations. Drinks’ platform enables merchants to market and ship wine to consumers in up to 41 states. Founded in 2013 and based in Los Angeles, the company has raised approximately $25m in total funding. Drinks intends to use the Series B proceeds to scale its ship-to-home platform and expand its retail and online merchant integrations. The product focus is on simplifying compliance and fulfillment across U.S. states for partners and consumers.
- Engage3
Led · Series B · Jul 2017
Engage3 provides Price Image Management (PIM) and Competitive Intelligence Management (CIM) software that uses AI-assisted, attribute-based data science to collect granular competitive pricing data and link like-items. Its CIM collects 30 billion product pricing records annually in the U.S. and Canada and helps retailers reverse-engineer competitors’ pricing and assortment strategies across channels, markets, and items. PIM models the impact of strategic pricing alternatives and generates pricing recommendations aligned to retailers’ Price Image, sales, and profitability objectives. Engage3 works with six of the world’s top 10 largest global retailers and serves FMCG, non-FMCG, convenience & fuel, and e-commerce retailers. The company plans global expansion into 30+ new countries, enhancements across its Price Image Management Suite, new products to measure and enhance trade promotions, and to build capabilities to continue serving the world’s largest organizations. Engage3 will use the Series D growth financing to execute this roadmap and double its team to support accelerated growth. Engage3 is a Davis, CA-based retail software company that helps retailers manage their Price Image using accurate competitive data, data science and AI-powered software solutions. Its Price Image Management Suite™ enables retailers to understand and align Price Image with sales and profitability objectives through predictive modeling. The suite includes Competitive Intelligence Management (CIM), an AI-assisted, attribute-based, data science-driven solution that provides competitive data and like-item-linking visibility. Engage3 collects roughly 30 billion product pricing records annually across the U.S. and Canada. Customers include eight of the top ten grocery retailers in the U.S. The company is led by Founder and CEO Ken Ouimet and plans to use new funding to accelerate product development, expand staff, and scale go-to-market initiatives. Engage3 provides an integrated retail pricing platform that emphasizes data quality and competitive pricing management. Its Competitive Intelligence Platform (CIP) is an end-to-end solution that uses data science to ensure data comprehensiveness, freshness, and accuracy and automates competitive shop program management. The company’s Competitive Price Response (CPR) is a visual price modeling tool that uses proprietary psychological models to measure consumers’ perception of pricing and predict the impact of price changes. Led by CEO and founder Ken Ouimet, Engage3 plans to use the recent financing to expand staff and scale go-to-market initiatives. The company anticipates doubling revenues in 2019. Engage3 raised a Series B two years earlier from retail technology-focused venture capitalists and is in the process of raising a Series C. Engage3 offers a SaaS omni-channel competitive intelligence and consumer engagement platform called MissionControl™. MissionControl is powered by advanced predictive analytics and a historical product and pricing database covering over 8 million UPCs and 10 billion price updates per year across more than 32,000 retail locations. Led by founder and CEO Ken Ouimet, the company combines data science, deep domain expertise, and innovative technology to serve CPG companies. The company intends to use the new funding to grow its team, expand its omni-channel retail pricing platform, and accelerate deployment of its B2B personalization solution. Engage3 operates a SaaS-based model focused on pricing and competitive intelligence for retailers and manufacturers. Previous and existing investors include The McClatchy Company and Swift Communications. Engage3 builds an omni-channel competitive intelligence and consumer personalization SaaS platform called MissionControl™, combining data science, domain expertise and technology to improve CPG companies' competitive visibility. The platform is designed to maximize the ROI of clients' competitive intelligence programs and support personalized promotions. Engage3 plans to deploy MissionControl through consumer media companies, directly via retailers' loyalty and CRM programs, and via the connected home. The company says it will use new capital to drive revenue growth from its competitive intelligence platform and to accelerate implementation of its personalized promotions platform. Engage3 is led by CEO Ken Ouimet and is based in Davis, California. It recently closed a Series B round of undisclosed size led by Moneta Ventures.
- Anthem-Epoch
Led · Equity · Oct 2016
Epoch Health operates primary care clinics focused on comprehensive men’s health, delivering a male‑friendly, no‑appointment necessary walk‑in model. Beginning in 2012, Epoch Health partnered with urologists to pioneer its facilities designed and marketed toward men. It currently operates seven clinics staffed with physicians and mid‑level providers across Arkansas, Missouri, Arizona and Alaska. Nearly 70% of Epoch Health patients either do not have or rarely see a primary care physician, and the company emphasizes preventive care, regular screenings, education, and lifestyle modification. The model has been well received by male patients and the medical professional community, particularly urology group practices. Epoch plans to expand its clinical model and bring its awareness, testing, and treatment approach to more communities nationwide.
- OpenMethods
Led · Equity · Feb 2016
OpenMethods is a Los Angeles–based SaaS company that builds solutions to deeply integrate telephony platforms with customer relationship management systems to enable omni-channel contact center experiences. Its products, including PopFlow Studio and Harmony, integrate telephony from vendors such as Genesys, Cisco, Avaya and Interactive Intelligence with Oracle CRM. The company's plug-and-play SaaS reportedly reduces average handling times by 30+ seconds for complex contact centers, eliminates years of custom development, and has saved customers millions of dollars while improving customer satisfaction. The press release describes the company as experiencing "explosive growth." OpenMethods says it will use the new funding to accelerate its product roadmap and to scale its capabilities and teams.
Team
No current team members are available.