500 Labs

500 Global, formerly known as 500 Startups, is a venture capital firm and incubator based in Mountain View, California, founded in 2010. The firm specializes in seed investments, primarily focusing on early-stage technology and financial services startups across various sectors, including biotech, e-commerce, fintech, and digital healthcare. 500 Global operates a four-month accelerator program, where it typically invests between $0.05 million and $1 million for a 5 to 10 percent equity stake in companies with at least $100,000 in monthly revenue. The firm targets a global market, with particular emphasis on regions such as the Middle East, Asia, Europe, and Latin America. Since its inception, it has invested in over 2,200 startups and supports the growth of innovation ecosystems through educational programs and partnerships. 500 Global also prioritizes investments in companies led by minority founders, reflecting its commitment to diverse entrepreneurial leadership.

Amjad Ahmad

General Partner

Chandini Ammineni

Partner

André Marcel Bally

Investor Relations Associate

Amal Enan

Partner

Max Fram-Schwartz

Venture Partner

Twwo Pun Jaruthassanakul

Investment Associate

Yolanda Kim

Principal

Matt Lerner

Partner

Jon Li

Director, Investor Relations

Jasmine Liew

Investment Manager

Robert Neivert

Venture Partner

Khailee Ng

Managing Partner

Krating Poonpol Ph.D

Partner

Ruangroj Poonpol

Venture Partner

Natavudh Pungcharoenpong

Partner

Mameaw Sapprasert

Partner

Reena Sharma

Investor Relations Associate

Mike Sigal

Partner, FinTech

Sanjay Singhal

Partner, Canada

Tanya Soman

Venture Partner

Paulina Szyrmer

Head of Global Education

Pat Naranpat Thitipattakul

Investor

Tony Wang

Managing Partner

Paul Yoo

Chief Financial Officer

Past deals in Ride Sharing

Crabi

Venture Round in 2022
Crabi is a vertically-integrated Insurtech carrier which uses big data to analyze individual driving behavior

Spaceship

Seed Round in 2022
Spaceship is the first mobile platform in Hong Kong that users can instantly compare and book global and domestic door-to-door courier shipment online and users can complete shipment booking in just 4 steps. We help you find the ideal courier service for the best price and you can monitor all your shipments in one place.

Shuttle Central

Pre Seed Round in 2022
A tech platform distributing B2B mobility solution integrating mobility companies into one Founded in May 2019 in Cancun, Mexico. Shuttle Central is the first Mexican startup that integrates Small and medium size transportation companies globally under the Shuttle Central brand, offering our B2B distribution, know how, operation protocols and technology to take their business to the next level By 2022 the global transportation market will reach $684 Billion and we want to be a key part on that spent, helping travelers find how to move from point A – B in a smarter way With over 80 partnerships with local mobility companies and more than 30 global companies already using our services we manage to happily served 30,000 rides in the last 8 months. As we look into the near future, expanding our team is a must. But we must do so by focusing in these 3 areas: • Acquisition: our sourcing team is always looking for new local companies to partner up with and increase our ever-growing supply across LATAM to stand out as a big player. We need to expand our team to US and Europe to increase our coverage • Distribution - our business development team has improved margins and supply inventory of more than 25 accounts (OTA's, Travel Agencies, TTOO's, wholesalers, etc.) across the globe, our direct partnerships with local companies and the understanding of how a marketplace and retail environment works is key to become a one stop shop for these companies' mobility needs. Expanding our BDM’s to US and Europe Will help offering our services to other markets • Tech: we are hiring developers to work on the platform architecture and coding that will put us ahead of the game and solve important issues for several stakeholders Shuttle Central a worldwide mobility solution for everyone.

Vech

Seed Round in 2021
Vech is a financial services provider focused on supporting independent workers in Latin America, particularly gig economy participants such as drivers and delivery personnel. The company offers short-term loans designed to help these workers maintain stable earnings on a weekly basis. Utilizing alternative credit scoring methods, Vech tailors its loan products based on the specific trip details provided in loan applications. This approach allows gig workers to access funding quickly and without the need for endorsements or lengthy waiting periods, thereby facilitating their financial stability and enhancing their ability to work effectively in a fluctuating income environment.

RaRa Delivery

Seed Round in 2021
RaRa Delivery provides delivery services. It also provides cash on delivery (COD) and real-time tracking services through an application program interface (API). The company is based in Jakarta, Indonesia.

Shuttle Central

Pre Seed Round in 2021
A tech platform distributing B2B mobility solution integrating mobility companies into one Founded in May 2019 in Cancun, Mexico. Shuttle Central is the first Mexican startup that integrates Small and medium size transportation companies globally under the Shuttle Central brand, offering our B2B distribution, know how, operation protocols and technology to take their business to the next level By 2022 the global transportation market will reach $684 Billion and we want to be a key part on that spent, helping travelers find how to move from point A – B in a smarter way With over 80 partnerships with local mobility companies and more than 30 global companies already using our services we manage to happily served 30,000 rides in the last 8 months. As we look into the near future, expanding our team is a must. But we must do so by focusing in these 3 areas: • Acquisition: our sourcing team is always looking for new local companies to partner up with and increase our ever-growing supply across LATAM to stand out as a big player. We need to expand our team to US and Europe to increase our coverage • Distribution - our business development team has improved margins and supply inventory of more than 25 accounts (OTA's, Travel Agencies, TTOO's, wholesalers, etc.) across the globe, our direct partnerships with local companies and the understanding of how a marketplace and retail environment works is key to become a one stop shop for these companies' mobility needs. Expanding our BDM’s to US and Europe Will help offering our services to other markets • Tech: we are hiring developers to work on the platform architecture and coding that will put us ahead of the game and solve important issues for several stakeholders Shuttle Central a worldwide mobility solution for everyone.

OTO Capital

Seed Round in 2020
OTO Capital is a platform that allows you to own a car faster than ever.

Vech

Seed Round in 2020
Vech is a financial services provider focused on supporting independent workers in Latin America, particularly gig economy participants such as drivers and delivery personnel. The company offers short-term loans designed to help these workers maintain stable earnings on a weekly basis. Utilizing alternative credit scoring methods, Vech tailors its loan products based on the specific trip details provided in loan applications. This approach allows gig workers to access funding quickly and without the need for endorsements or lengthy waiting periods, thereby facilitating their financial stability and enhancing their ability to work effectively in a fluctuating income environment.

GetVan Pte Ltd

Seed Round in 2020
GetVan Pte Ltd is a Singapore-based company that operates an online platform for booking vans, catering to both passenger and goods transportation needs. Established in 2014, the platform allows users to easily book and pay for fixed-route tickets, facilitating immediate and pre-scheduled transport services. GetVan offers a variety of services, including logistics for businesses, parcel delivery, and driver services, all provided by a network of over 200 verified drivers. The platform is designed to be user-friendly, accessible via smartphones without the need for a mobile app, ensuring quick and affordable responses to transportation requests. By connecting users directly with registered partners, GetVan aims to streamline the booking process and provide reliable service to urban residents in need of transportation solutions.

Bondai

Seed Round in 2020
Bondai is a group travel planning app that helps friends quickly decide on their next holiday adventure arrangements, manage the group trip, access good deals, and stay connected online.

invygo

Seed Round in 2020
Invygo Tech FZ LLC, founded in 2018 and based in Dubai, United Arab Emirates, offers an app-based car subscription service that allows users to book dealership-verified cars on a rental basis. Customers can easily browse available vehicles, upload their driving license, and complete all necessary documentation within the app. The service includes free home delivery of the chosen car within hours and provides a flexible monthly payment model without long-term commitments or hidden fees. Users can also request servicing or return their car with a simple tap, making it a convenient alternative to traditional car ownership and leasing. Invygo aims to deliver a high-quality customer experience, catering to those seeking more flexible automotive solutions.

Tasaira

Seed Round in 2020
Tasaira is a mobile app that helps Saudi drivers get tailored quotes from trusted repair shops.

Wee

Seed Round in 2020
Wee is well-developed cities and fast-growing communities are constantly in need of more convenient and accessible mobility without sacrificing a greener and cleaner environment. Here at Wee, we aim to provide just that - a smarter and more sustainable way of transport that’s within anyone’s reach.

RaRa Delivery

Seed Round in 2020
RaRa Delivery provides delivery services. It also provides cash on delivery (COD) and real-time tracking services through an application program interface (API). The company is based in Jakarta, Indonesia.

Garaji

Seed Round in 2020
Garaji is an online auto marketplace that connects car owners with workshops for routine maintenance and repairs. Car owners select the service or repair they need, select a quality garage, and specify the location, date, and time for their pick up. The car is then collected by a garaji valet or tow truck, brought into the workshop, and returned at the customer's convenience when the work is completed. Owners benefit from independent service advice, a $1m insurance policy whilst the car is in garaji's possession and a six-month warranty with every service completed by one of garaji's service partners. Omar Yaghm, Ahmed Almutaf, and Ramy Basaddiq founded the company in 2018 in Dubai, Dubai.

YallaParking

Seed Round in 2020
The UAE's first and largest online marketplace for private parking spaces.

invygo

Pre Seed Round in 2019
Invygo Tech FZ LLC, founded in 2018 and based in Dubai, United Arab Emirates, offers an app-based car subscription service that allows users to book dealership-verified cars on a rental basis. Customers can easily browse available vehicles, upload their driving license, and complete all necessary documentation within the app. The service includes free home delivery of the chosen car within hours and provides a flexible monthly payment model without long-term commitments or hidden fees. Users can also request servicing or return their car with a simple tap, making it a convenient alternative to traditional car ownership and leasing. Invygo aims to deliver a high-quality customer experience, catering to those seeking more flexible automotive solutions.

MagicBus

Series A in 2019
MagicBus, founded in 2014 and based in San Francisco, California, offers transportation services tailored for long-distance commuters. The company's platform facilitates a stress-free commuting experience by allowing users to book tickets in advance and create routes on-demand, catering to the specific needs of its customers. This flexibility helps ensure that commuters can travel conveniently and efficiently to their destinations.

Sharebee

Seed Round in 2019
Sharebee is a web and mobile peer-to-peer platform that connects people with spare space with people who need storage or parking solutions. It also allows people with extra space to list their garage, warehouse, parking space, spare rooms, basements, driveway, etc. They offer spaces that are 60% cheaper than traditional self-storage, closer to you, and insured by Intact Insurance. Sharebee provides clients cheaper prices, simple, faster and accessible storage and parking, and a better overall experience. Sharebee was founded in 2016 and is headquartered in Montréal, Québec, Canada.

GetVan Pte Ltd

Seed Round in 2019
GetVan Pte Ltd is a Singapore-based company that operates an online platform for booking vans, catering to both passenger and goods transportation needs. Established in 2014, the platform allows users to easily book and pay for fixed-route tickets, facilitating immediate and pre-scheduled transport services. GetVan offers a variety of services, including logistics for businesses, parcel delivery, and driver services, all provided by a network of over 200 verified drivers. The platform is designed to be user-friendly, accessible via smartphones without the need for a mobile app, ensuring quick and affordable responses to transportation requests. By connecting users directly with registered partners, GetVan aims to streamline the booking process and provide reliable service to urban residents in need of transportation solutions.

Instawash

Seed Round in 2019
Instawash is a location-based on-demand App that aims to solve the issues that most city dwellers face: traffic and a busy lifestyle. They want to provide a solution for every driver, who has a busy lifestyle but wants a professional detailing service for their vehicle. Instawash is the convenient, affordable and premium service you have been looking for.

Neuron Mobility

Seed Round in 2018
Neuron Mobility Pte. Ltd. provides electric scooters and bicycles rental services around Singapore. The company was incorporated in 2016 and is based in Singapore.

CarSwitch

Seed Round in 2018
CarSwitch DMCC, founded in 2016 and based in Dubai, operates an online marketplace for buying and selling certified used cars in the United Arab Emirates. The company aims to transform the regional used car market, which is valued at over $20 billion, by addressing the challenges faced by both sellers and buyers. CarSwitch offers a streamlined process that alleviates the burdens of endless negotiations and uncertainties associated with traditional used car transactions. By employing a team of certified specialists and utilizing advanced technology, CarSwitch inspects, certifies, and warranties each vehicle. The platform also vets serious buyers and connects them with trusted sellers, ensuring a smooth transaction experience from start to finish.

Laka

Pre Seed Round in 2018
Laka Ltd, founded in 2017 and based in London, United Kingdom, specializes in insurance brokerage services for bicycles, ebikes, and related accessories. The company has developed a peer-to-peer insurance platform that allows users to insure their bicycles and cycling equipment against theft, damage, and vandalism. Laka's innovative approach leverages a community-driven model, where members collectively contribute to a shared pool, ensuring that users receive fair pricing for coverage. This model not only addresses theft and loss but also offers recovery advice and support, making it a cost-effective and equitable solution for cyclists seeking insurance.

Circle-in

Seed Round in 2018
Circlein is a provider of cloud-based global transportation management software. Circle-in provides web forwarding service named “shippio”. They make the positive contribution to the trading world.

Drivemate

Seed Round in 2018
Drivemate Co., Ltd. operates a peer-to-peer car sharing platform in Thailand, facilitating car rental services through its website. Founded in 2016 and based in Suanluang, the company connects vehicle owners with renters, allowing car owners to monetize their vehicles while providing renters with convenient access to a variety of cars nearby. Drivemate enhances trust between users by offering full insurance coverage and dedicated customer service. The platform aims to reduce fuel wastage and promote sustainable development by enabling efficient use of vehicles in the community, making it easier for individuals to travel without hidden charges.

Claim Di

Venture Round in 2018
Claim Di mobile application for facilitating communication and claims between drivers and their insurance companies.

Truck Fortune

Seed Round in 2018
Truck Fortune is the biggest single benefit you can give your drivers

ShearShare

Pre Seed Round in 2018
ShearShare, Inc., also known as HAIRbnb, develops salon and barbershop rental application. The application that connects salons, spas, and barbershop owners to individual cosmetologists and barbers to fill unused suites, and booths on demand. The company serves beauty and barber school graduates, seasoned industry veterans, mobile hairdressers, celebrity stylists and barbers, hairstylists, makeup artists, barbers, nail technicians, estheticians, massage therapists, eyelash specialists, braiders, and waxologists in the United States, and internationally. The company also offers advertising services through its application. ShearShare, Inc. was incorporated in 2015 and is based in McKinney, Texas.

Firefly

Seed Round in 2018
Firefly Systems Inc., founded in 2017 and based in San Francisco, California, specializes in street-level digital media through its innovative advertising platform. The company installs digital displays on rideshare vehicles and taxis, creating a unique out-of-home advertising network that leverages location-based technology and first-party data for precise audience targeting. Firefly's system enables the delivery of engaging, full-screen advertisements that are responsive to the surrounding environment, allowing brands to amplify their marketing efforts in real-time. By utilizing 4G and LTE cellular transmission, Firefly connects clients with flexible advertising solutions while providing measurable insights on campaign effectiveness and audience engagement.

Carengo

Seed Round in 2018
Carengo is a Peer-to-peer carsharing service: existing car owners make their car available for others to rent for short periods of time through a digital platform. Carengo provide its users 3 main benefits: 1) Affordable prices. 2) Simplicity of usage. 3) Vast selection of cars concentrated in the desired area.

Garaji

Seed Round in 2018
Garaji is an online auto marketplace that connects car owners with workshops for routine maintenance and repairs. Car owners select the service or repair they need, select a quality garage, and specify the location, date, and time for their pick up. The car is then collected by a garaji valet or tow truck, brought into the workshop, and returned at the customer's convenience when the work is completed. Owners benefit from independent service advice, a $1m insurance policy whilst the car is in garaji's possession and a six-month warranty with every service completed by one of garaji's service partners. Omar Yaghm, Ahmed Almutaf, and Ramy Basaddiq founded the company in 2018 in Dubai, Dubai.

Shippo

Series B in 2017
Shippo is a multi-carrier shipping API and web app. E-commerce businesses, marketplaces, and platforms are able to connect to multiple shipping carriers around the world from one API and dashboard, through Shippo. Businesses can get shipping rates, print labels, automate international documents, track shipments, and facilitate returns. The company processes millions of shipments per month for more than 35,000 customers. Businesses are able to instantly access multiple shipping carriers for real-time rates, shipping labels, international paperwork, package tracking, and return logistics. Shippo was founded in 2013 and is headquartered in San Francisco, California.

Tripplus

Seed Round in 2017
Tripplus is an online travel service that operates as a metasearch platform for airfare and hotel bookings. It allows users to search for flight tickets and make hotel reservations while also providing opportunities to earn and redeem reward points. By utilizing the platform, travelers can accumulate points that can be used for discounts on future travel bookings, enhancing their overall travel experience. Tripplus focuses on streamlining the travel planning process, making it easier for users to find and book their desired travel accommodations.

Text To Ticket

Seed Round in 2017
Text To Ticket was the brain child of a group of friends; it started one night when they were all out in San Francisco for a game. While on their way to cross the street, they were cut off and almost hit by a distracted driver. With backgrounds in public health, law enforcement and entrepreneurship it sparked a heated conversation and debate that lasted for the next several days. In the end the idea of Text To Ticket was born. After several months of development, obtaining patents and having to pay one big legal bill for research; they finally were able to launch a product that they are all proud of. Distracted driving is a growing problem, as a team they are committed to making cities safer for drivers and pedestrians. They hope you will join us on their mission.

Quickli

Venture Round in 2016
Quickli Technologies Pvt. Ltd. provides on-demand delivery services. It provides an urban logistics and on-demand delivery platform that connects customers with local runners, who pickup and deliver goods from various restaurants or stores in the city. The company was incorporated in 2015 and is based in Gurugram, India.

MOVEHA

Seed Round in 2016
MOVEHA.COM is a remote rental website for people who want to re-locate, which provides reliable property information and reservation service. The website will help them find and reserve a place to live before they come over to the U.S. Its venture focuses on providing a reliable platform, real information and helpful service to give people a fast way to find and reserve a new home. The company plans to create an "Airbnb” for long-term rental and make a easier, faster and more transparent way for people to rent.

Claim Di

Series A in 2015
Claim Di mobile application for facilitating communication and claims between drivers and their insurance companies.

Quickli

Seed Round in 2015
Quickli Technologies Pvt. Ltd. provides on-demand delivery services. It provides an urban logistics and on-demand delivery platform that connects customers with local runners, who pickup and deliver goods from various restaurants or stores in the city. The company was incorporated in 2015 and is based in Gurugram, India.

smove

Convertible Note in 2015
smove is a Singapore-based company focused on enhancing urban living and addressing challenges related to vehicle ownership. It operates a car rental service that allows users to rent vehicles on an hourly basis without the need for deposits or contracts. In addition to vehicle rentals, smove offers maintenance services, providing a comprehensive solution for car owners looking to maximize the utility of their vehicles while generating extra income through the platform. The company's vision emphasizes the importance of sustainable business practices and fostering a positive culture as it seeks to make mobility and transportation more accessible and efficient in urban environments.

Bridg

Seed Round in 2015
Bridg is an innovative smartphone payment platform that utilises bluetooth to dynamically shift and adjust to allow all types of smartphone users pay using there bluetooth enabled device. OneConnect (their patent pending technology) allows a transaction to occur between two devices even if only one of them has a connection to the internet. Bridg is building a device agnostic platform that will allow for many different scenarios. Delivery drivers can simply carry a smartphone to accept home delivery payment without a need for a connection, a passenger on an airplane to purchase a meal or duty free item in airplane mode or a small corner store that could't afford to accept card payments before due to the high initiation costs.

KidzJet

Seed Round in 2015
Children Transportation Platform which is Safe, Reliable, Affordable and Transparent. They operate in small to mid market segment (6 - 50 children) of children transportation. KidzJet target's private schools, after school programs and parent groups.

Shippo

Seed Round in 2014
Shippo is a multi-carrier shipping API and web app. E-commerce businesses, marketplaces, and platforms are able to connect to multiple shipping carriers around the world from one API and dashboard, through Shippo. Businesses can get shipping rates, print labels, automate international documents, track shipments, and facilitate returns. The company processes millions of shipments per month for more than 35,000 customers. Businesses are able to instantly access multiple shipping carriers for real-time rates, shipping labels, international paperwork, package tracking, and return logistics. Shippo was founded in 2013 and is headquartered in San Francisco, California.

smove

Convertible Note in 2014
smove is a Singapore-based company focused on enhancing urban living and addressing challenges related to vehicle ownership. It operates a car rental service that allows users to rent vehicles on an hourly basis without the need for deposits or contracts. In addition to vehicle rentals, smove offers maintenance services, providing a comprehensive solution for car owners looking to maximize the utility of their vehicles while generating extra income through the platform. The company's vision emphasizes the importance of sustainable business practices and fostering a positive culture as it seeks to make mobility and transportation more accessible and efficient in urban environments.

TrustCloud

Seed Round in 2014
TrustCloud gives members in the Sharing Economy the tools for Trust and Accountability that enable better decision-making and improves every transaction. They measure consumers' virtuous online behaviors and transactions to build a portable TrustScore they can easily use within the Sharing Economy.

Shippo

Pre Seed Round in 2014
Shippo is a multi-carrier shipping API and web app. E-commerce businesses, marketplaces, and platforms are able to connect to multiple shipping carriers around the world from one API and dashboard, through Shippo. Businesses can get shipping rates, print labels, automate international documents, track shipments, and facilitate returns. The company processes millions of shipments per month for more than 35,000 customers. Businesses are able to instantly access multiple shipping carriers for real-time rates, shipping labels, international paperwork, package tracking, and return logistics. Shippo was founded in 2013 and is headquartered in San Francisco, California.

Grab

Series A in 2013
Grab Holdings Inc. is a Singapore-based company that offers a comprehensive mobile technology platform providing various online-to-offline services in Southeast Asia. Founded in 2012 by Anthony Tan and Tan Hooi Lng, Grab operates in several countries, including Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar. The platform includes a wide range of services such as transportation options like GrabTaxi and GrabCar, and delivery services, alongside solutions for financial transactions through Grab Financial Group. This group provides services in payments, rewards, lending, and insurance, and features a user-friendly point-of-sale system for merchants, as well as a mobile wallet for convenient transactions. Grab aims to enhance the quality of life for its users by integrating essential services into a single app.

Boatbound

Seed Round in 2013
Boatbound operates as a peer-to-peer boat rental marketplace, connecting over 13 million registered boat owners with pre-screened renters. This platform enables boat owners to offset their ownership costs by renting out their vessels, which can include options with onboard captains for those without boating experience. Boatbound is free to join, with no associated monthly or membership fees, allowing users to easily access a diverse range of boats for their water-based activities.

RidePal

Seed Round in 2012
RidePal is building a network of commuter shuttles for companies of any size and for the general public so that anyone can enjoy the benefits of a shared commute: increased productivity and efficiency, reduced congestion and GHG emissions, and a better quality of life (among others). They are a venture-backed, SF-based startup with an office on Union Square, and they currently operate a dozen+ routes servicing a dozen+ cities around the Bay Area.

Boatbound

Seed Round in 2012
Boatbound operates as a peer-to-peer boat rental marketplace, connecting over 13 million registered boat owners with pre-screened renters. This platform enables boat owners to offset their ownership costs by renting out their vessels, which can include options with onboard captains for those without boating experience. Boatbound is free to join, with no associated monthly or membership fees, allowing users to easily access a diverse range of boats for their water-based activities.

HiGear

Seed Round in 2011
HiGear is a private car-sharing club for luxury and sports cars. You can rent amazing cars from real people like you in your city. Members can share and rent luxury cars from each other within a trusted, secure community of car enthusiasts. Members typically enjoy prices that are 50% off or more, and also generate extra income by making their cars available to other members when not in use.

Spoondate

Seed Round in 2011
Spoondate makes it easy to meet someone over a meal using a preemptive location-aware check-in.