About NewBoCo
NewBoCo, an accelerator and incubator program founded in 2014, is based in Cedar Rapids, United States. With a presence in 2 countries, it has supported around 36 startups in sectors like Consumer, Food and Agriculture Tech. As of May 2026, NewBoCo has witnessed 2 portfolio exits. Most notable companies in
its portfolio include CareAcademy, Rantizo and Cargofy. The program primarily supports Seed startups based in United States. Its latest investment was a $20K Seed round in 6C Solutions on Sep 11, 2018.
Key Metrics
Founded Year
2014
Location
Cedar Rapids, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Grant (prize money) & 1 more
Locations of Investment
NewBoCo's List of Top Investments
NewBoCo has a portfolio of 36 companies. Their most notable investments are in SwineTech and CareAcademy.Their portfolio spans across United States and Israel. They have invested in Consumer, Food and Agriculture Tech, Enterprise Applications and 20 other sectors, across stages such as Seed, Grant (prize money) and 1 more. Here is the list of top investments by NewBoCo:1. CareAcademy
Professional training for home caregivers. It trains caregivers in activities of daily living, reducing caregiver stress, talking about end-of-life, and professionalism skills among others. It offers courses for senior caregiving, communicating with older adults, infection control, emergency procedures, elder abuse and neglect, and transporting an older adult.
Key facts about CareAcademy
- Founded Year: 2012
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $31.6M
- Employee Count: 33 as on Mar 31, 2026
- Investors: Goldman Sachs, MassMutual and 25 Others
- Latest Funding Round: Series B, Jun 08, 2022, $*****
- Highlight: Acquired
2. Rantizo
Provider of precision spraying services. It uses drone sprayer. The electrostatic sprayers are mounted on the drones with the agrochemical-filled cartridges for precision spraying. Also reduces uneven spraying and over-spraying of agrochemicals.
Key facts about Rantizo
- Founded Year: 2017
- Location: Iowa City (United States)
- Stage: Series A
- Total Funding till date: $15M
- Employee Count: 1 as on Mar 31, 2026
- Investors: Bayer, C9 Capital and 11 Others
- Latest Funding Round: Series A, Oct 02, 2023, $*****
- Highlight: Editors' Pick
3. Cargofy
Cargofy is an online marketplace for shippers and carriers. It provides automated load matching based on location and equipment. It offers geolocation-based matching and generation of all required documents online.
Key facts about Cargofy
- Founded Year: 2017
- Location: Cedar Rapids (United States)
- Stage: Seed
- Total Funding till date: $2.5M
- Employee Count: 29 as on Mar 31, 2026
- Investors: Superangel, Flyer One Ventures and 7 Others
- Latest Funding Round: Seed, Feb 02, 2022, $*****
- Highlight: Editors' Pick
4. STRATAFOLIO
STRATAFOLIO is a cloud-based asset management and analytics solution for commercial properties. Features include cash flow management, debt management, file management, work order management, automated alerts, investor management, lease management, and more. The company offers all the features on a monthly subscription-based plan. The company has partnered with Franco, QuickAction, IncomeDigs, and FusionCPA among others.
Key facts about STRATAFOLIO
- Founded Year: 2017
- Location: Cedar Rapids (United States)
- Stage: Seed
- Total Funding till date: $1.65M
- Employee Count: 8 as on Mar 31, 2026
- Investors: Second Century Ventures and NewBoCo
- Latest Funding Round: Seed, May 09, 2022, $*****
5. SwineTech
Developer of a platform providing swine management and operational intelligence tools. The platform offers features such as task management, team communication, and real-time operational oversight. It also provides tools for setting operational standards, behavioral guidance, and performance assessment. The platform integrates with existing record-keeping solutions and offers data export and report generation capabilities.
Key facts about SwineTech
- Founded Year: 2015
- Location: New Sharon (United States)
- Stage: Series B
- Total Funding till date: $16.5M
- Employee Count: 29 as on Mar 31, 2026
- Investors: Cultivation Capital, Ag Ventures Alliance and 14 Others
- Latest Funding Round: Series B, Nov 14, 2024, $*****
- Highlight: Editors' Pick
NewBoCo's Year-on-Year Investment Trends
NewBoCo has invested in 36 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in 6C Solutions.NewBoCo's Investments by Stage
NewBoCo has made 15 investments in Seed stage with an average round size of $356K, 1 investment in Grant (prize money) stage and 1 investment in Series A stage with an average round size of $1.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Grant (prize money) | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
NewBoCo's Investments by Sector
NewBoCo has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Food and Agriculture Tech, Business Services and Gig Economy. Notably, it has invested in 26 Tech companies, 16 Consumer (B2C) companies, 15 Software companies and at least 14 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 7 |
Enterprise Applications | 6 |
Food and Agriculture Tech | 3 |
Business Services | 2 |
Gig Economy | 2 |
Others | 20 |
Note: We have considered here, only first round of investments
NewBoCo's Investments by Geography
NewBoCo has made most investments in United States (16), followed by Israel where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 16 |
Israel | 1 |
Note: We have considered here, only first round of investments
NewBoCo's recent investments
NewBoCo has not made any investment in 2026 so far.Here are the most recent investments by NewBoCo:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 11, 2018 | United States | Seed | 4746 | - | |
Sep 10, 2018 | United States | Grant (prize money) | 2872 | - | |
Mar 20, 2018 | United States | Seed | 6811 | - | |
Dec 07, 2017 | United States | Seed | 8182 | - | |
Nov 13, 2017 | United States | Seed | 7859 | [+1] |
IPOs and Publicly Listed companies in NewBoCo's Portfolio
1 of NewBoCo's portfolio company became public - Punctil.Here are NewBoCo's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Aug 05, 2014 | Seed | 1354 |
Acquired companies in NewBoCo's Portfolio
1 company from NewBoCo's portfolio has been acquired. The most recent acquisition was CareAcademy in Nov 2025 by Activated Insights for $*****.Here are NewBoCo's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 12, 2025 | Nov 10, 2015 | Seed | 3013 |
Co-investors of NewBoCo
Over the past 12 years, 34 investors have co-invested in NewBoCo's portfolio companies. This includes funds and angels.
- Invested before NewBoCo: Women Lead Change and 8200 EISP have invested in rounds before NewBoCo. There is 1 company where Women Lead Change has invested before NewBoCo and 1 company where 8200 EISP has invested before NewBoCo.
- Top Co-investors of NewBoCo: 4 investors entered a company along with NewBoCo. These include investors like Quake Capital (1 company).
- Invested after NewBoCo: A total of 28 investors have invested in NewBoCo's portfolio after their investments. Top Investors include Employment Technology Fund (1 company) and MassMutual (1 company).
Recent News related to NewBoCo
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SwineTech Raises $1.3m Series A to Stop Sows Crushing their PigletsAgFunderNews•May 24, 2017•SwineTech, Quake Capital, NewBoCo, Ag Ventures Alliance
