NewRiver
Provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporations
About NewRiver
NewRiver Systems operates as a certified Service-Disabled Veteran-Owned Small Business, established in March 2007 by Edward Albers. Mr. Albers, the company's CEO, is a former Naval Special Warfare Officer who held leadership roles at major technology and defense firms, including Northrop Grumman, SAP America, and Intel Corporation, before founding NewRiver Systems. His background includes serving as a Policy Adviser to the Office of the Secretary of Defense.
The firm is positioned as a provider of comprehensive information technology and business systems consulting. Its client base spans both the public and commercial sectors, including government agencies (Federal, State, and Local), as well as industries like Healthcare, Energy, and Aerospace & Defense. The business model is centered on delivering consulting services in areas such as IT strategy, systems engineering, and program management. Revenue is generated by offering these specialized services to solve complex client issues.
NewRiver Systems' core service offerings include software development, IT advisory, and enterprise resource planning (ERP) implementation. The company is a ServiceNow Partner, specializing in implementing the platform for federal government clients to help modernize their organizational processes and digital workflows since 2020. Furthermore, the company delivers solutions in cloud computing by partnering with leading vendors, IT security management, and business intelligence. Their software development practice focuses on creating custom web-based and distributed applications using technologies like Java, SharePoint, and ASP.NET for a diverse range of clients, from large government bodies to major corporations.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2010 | $77M | $77M | Broadridge Financial Solutions | — |
| LATE VC✓Equity / VC | Jan 2006 | $21M | $82M | Lazard Technology Partners · Pritzker Group Venture Capital | — |
Growth signals
Latest recorded traffic for NewRiver is 3.2K monthly website visits, up 28% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later2 investors entered at this stage
- LPLazard Technology Partners
Pritzker Group Venture Capital
Other known investors1 additional known investor
Broadridge Financial Solutions
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about NewRiver on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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