Newark Venture Partners
1 Washington Park Fl 7, Newark, NJ, 07102, United States
Overview
nvp invests in seed-stage B2B software companies based on data-driven and thematically oriented convictions, reinforced by industry insights and relationships. Our tight-knit team of investment professionals executes with a startup mindset, putting decades of operational experience to support entrepreneurs throughout the journey of building a business.
- Total investments
- 47
- Lead investments
- 14
- Investments · 12mo
- 5
- Active investors
- 8
Sector focus
- B2B
- Finance
- Financial Services
- Software
- Venture Capital
Investment portfolio
- Handspring Health
Participated · Series B · Jul 2026
Handspring Health operates a virtual mental health clinic focused on youth and young adults, employing clinicians trained in evidence-based modalities such as CBT, DBT and exposure therapy and providing mandatory ongoing clinical supervision and training. The company treats patients across a spectrum of acuity, including a complex care program for high-risk youth, and has treated more than 4,000 patients across nine states. Handspring reports revenue growth of more than 10x over the past two years and clinical outcomes including 93% of families reporting improvement at discharge, 81% of patients treated for anxiety showing clinically meaningful improvement, and 78% for depression. Over 95% of sessions are covered by insurance and the business is in-network with major commercial insurers like BlueCross BlueShield, Aetna, Cigna, UnitedHealthcare, Oscar and Optum. Handspring acquired Joon Care to expand services and in-network coverage in Washington State and plans to scale geographically, deepen payer partnerships, expand parent coaching and continue investing in its AI-enabled technology platform.
- Reaxiomatic
Led · Seed · Jun 2026
Reaxiomatic was founded by Skyler Shuford, who previously co‑founded Hermeus. The company positions itself to refresh critical defense platforms. It has just completed a $7.25 million pre‑seed raise co‑led by Scout Ventures with a group of participating investors. Reaxiomatic is immediately hiring a small team of engineers and operators in San Diego to begin work. Public reporting does not disclose revenues, users, or other operating metrics at this time.
- Human Archive
Participated · Equity · May 2026
Human Archive captures first-person (egocentric) RGB-D video along with synchronized tactile, force, full-body motion-capture, wrist and chest camera data from workers in home services, restaurants and hostels. The company has deployed more than 1,000 active headsets and over 50 different devices, and reports more than seven custom hardware products used across modalities. It pays participating workers a base rate of $1 per hour and offers consumers the option of discounted services in exchange for consented data collection. Human Archive is developing ways to fine-tune AI models on its dataset and to test those models on robots to demonstrate data quality to customers. The startup is expanding operations from India into Southeast Asia and the U.S., and is building a platform to broaden participation in data collection and create new service pilots.
- Advance
Led · Seed · Feb 2026
Advance is a New York–based financial platform purpose-built for insurance intermediaries such as managing general agents (MGAs), wholesalers, and large agencies. Its software combines bank-supported payment rails, specialized trust accounts, and AI-driven reconciliation tools to track, contextualize, and optimize every premium dollar in real time. By automating collection, segregation, carrier remittance, and producer commissions, the platform eliminates manual spreadsheet workflows and shortens payment cycles while ensuring strict compliance and auditability of fiduciary funds. Advance also unlocks yield on idle premium balances, turning a historically passive requirement into a new revenue source for clients. Customer testimonials, such as Pathpoint Insurance, highlight simplified trust-account management and improved visibility into funds flow. With fresh capital, the company plans to broaden its product capabilities and scale go-to-market efforts across high-volume agencies facing growing audit scrutiny and operational complexity. The seed round brings total known funding to $8.55 million, positioning Advance to further modernize insurance money movement.
- Parambil
Participated · Seed · Jan 2026
Parambil offers an AI-powered case intelligence system purpose-built for complex litigation workflows. The platform ingests and structures medical, legal, and expert records, then delivers continuous intelligence through visualization tools, natural-language querying, and domain-specific modules. By automating evidence organization and analysis, the software enables law firms to evaluate high-stakes cases more reliably and efficiently. The company already serves hundreds of firms across mass torts, personal injury, and medical malpractice matters. Founded by Sara Cordrey, Liam Gordon, and Dr. Ralph Horwitz, Parambil will use its new capital to accelerate platform engineering, broaden domain-specific AI workflows, and scale customer success operations. The firm has disclosed $6 million in venture funding to date, reflecting early but significant traction in the legal tech market.