Activate Capital

Activate Capital Partners is a venture capital firm based in Philadelphia, Pennsylvania, with an additional office in San Francisco, California. Founded in 2017, the firm specializes in growth capital investments in emerging markets, focusing on sectors such as technology, sustainable energy, transportation, and industrial systems. Activate Capital seeks to address the challenges posed by urban density and resource scarcity by investing in companies that offer innovative solutions in energy, mobility, and industrial systems. The firm typically invests between $10 million and $30 million per transaction in businesses with revenues ranging from $5 million to $100 million. It prefers to take board positions in its portfolio companies, which may involve both minority and control stakes. By backing entrepreneurs with proven technologies at critical growth stages, Activate Capital aims to foster the development of scalable businesses that can significantly impact their industries.

Emma Bell

Vice President

Caroline Chick

Senior Associate

Evan Friedman

Senior Associate

Jon Guerster

Partner

Paul Jordan

Principal

Leila Martin

Senior Associate

Eric Meyer

Principal

22 past transactions

Sympower

Venture Round in 2022
Their service integrates seamlessly with the operation of smart heating and cooling appliances, so the comfort and convenience of the household are not negatively impacted.

Swimlane

Venture Round in 2022
Swimlane, Inc. specializes in developing cyber security automation solutions tailored for enterprise teams. Founded in 2014 and headquartered in Louisville, Colorado, the company offers a security operations management platform that centralizes security alerts, streamlines resolution processes, and generates metrics-based dashboards and reports. Swimlane addresses critical challenges faced by organizations, such as alert fatigue, vendor proliferation, and staffing shortages, by providing a low-code security orchestration, automation, and response (SOAR) platform. This solution enables organizations to prioritize alerts, unify security operations, automate threat remediation, and ensure continuous compliance, ultimately enhancing overall performance and operational efficiency in security operations.

Flexe

Series D in 2022
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Fictiv

Series E in 2022
Fictiv Inc. is a manufacturing platform based in San Francisco, California, that assists users in designing, developing, and delivering fabricated parts. Founded in 2013, the platform offers an online interface where customers can obtain instant quotes, review manufacturing feedback, and manage orders through a network of vendors. Fictiv focuses on distributed manufacturing, allowing clients to utilize 3D printing and CNC machining to produce parts efficiently. The platform caters to a diverse clientele, including engineers, designers, startups, and creators, helping them accelerate product development and optimize their manufacturing processes.

Optimal Dynamics

Series B in 2022
Optimal Dynamics, Inc. develops artificial intelligence (AI) based software that provides carriers with load recommendations. The company provides SMART-TL, an application that automates the process of searching for loads and recommends loads to the right carrier. It serves the logistics and supply chain sector. The company was founded in 2016 and is based in Princeton, New Jersey.

PosiGen

Private Equity Round in 2022
PosiGen CT, LLC sells and leases solar power systems, solar hot water systems, and energy efficiency upgrade solutions for residential and commercial users in Louisiana, New York, Connecticut, and Florida. It offers solar panel systems for heating, cooling, and illuminating homes and offices. The company also provides solar energy; energy efficiency audit services; and assess and permit, panel installation, and inspection services. The company was founded in 2011 and is based in Jefferson, Louisiana with additional offices in New York and Connecticut.

KlearNow

Series B in 2021
KlearNow Corporation, founded in 2018 and based in Santa Clara, California, specializes in developing an AI-driven logistics platform that enhances customs clearance and document management for importers, brokers, and transporters. The company provides a transparent customs clearance platform that offers real-time visibility into the logistics process, allowing its partners to conduct business more efficiently and at lower costs. KlearNow's cloud-based solution enables users to access the platform from any smart device, ensuring full transparency and operational capability around the clock. Additionally, KlearNow has a development center located in Gurugram, India, further supporting its technological advancements.

HOMEE

Series B in 2021
HOMEE, Inc. is a mobile application company based in Tampa, Florida, that connects homeowners, renters, and property managers with various service providers for home maintenance and improvement needs. Founded in 2016, the platform allows users to easily find and hire local professionals, including handymen, plumbers, electricians, and HVAC specialists, through a GPS-driven interface. The technology streamlines the process of accessing essential services and aims to enhance the overall experience for users by facilitating quick and efficient home service transactions.

Voltus

Series C in 2021
Voltus, Inc. specializes in developing cash-generating energy products aimed at industrial, commercial, and institutional customers. Founded in 2016 and based in San Francisco, the company offers a variety of solutions, including Voltlet, which enables second-level data acquisition and control, and Voltus, an energy cloud software. Additionally, it provides Voltapp, an application designed for real-time energy visibility and management. By leveraging these tools, Voltus helps clients optimize their energy usage, generate revenue, and implement innovative demand response, energy purchasing, and energy efficiency programs.

PosiGen

Series D in 2021
PosiGen CT, LLC sells and leases solar power systems, solar hot water systems, and energy efficiency upgrade solutions for residential and commercial users in Louisiana, New York, Connecticut, and Florida. It offers solar panel systems for heating, cooling, and illuminating homes and offices. The company also provides solar energy; energy efficiency audit services; and assess and permit, panel installation, and inspection services. The company was founded in 2011 and is based in Jefferson, Louisiana with additional offices in New York and Connecticut.

Ridecell

Series C in 2020
Ridecell, Inc. is a provider of fleet automation and management software solutions based in San Francisco, California, with additional offices worldwide. Founded in 2009, the company focuses on enabling mobility operators, including car rental companies, transit agencies, and private fleets, to launch and optimize ridesharing and car-sharing services. Its product offerings include Demand-Response, which automates dispatch, scheduling, and routing, and Fixed Route, allowing users to track buses and shuttles in real-time. The Ridecell platform further enhances operations by managing various aspects of mobility services such as user onboarding, dynamic pricing, and payment processing. With a commitment to innovation, Ridecell has processed over 20 million rides and rentals, serving notable clients like the BMW Group and Volkswagen, as well as various universities and transit agencies. The company employs more than 100 professionals across multiple regions, contributing to the growth and efficiency of new mobility services.

Flexe

Series C in 2020
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

HOMEE

Venture Round in 2020
HOMEE, Inc. is a mobile application company based in Tampa, Florida, that connects homeowners, renters, and property managers with various service providers for home maintenance and improvement needs. Founded in 2016, the platform allows users to easily find and hire local professionals, including handymen, plumbers, electricians, and HVAC specialists, through a GPS-driven interface. The technology streamlines the process of accessing essential services and aims to enhance the overall experience for users by facilitating quick and efficient home service transactions.

Element Analytics

Series B in 2020
Element Analytics, Inc. is a developer of industrial analytics software that transforms raw data into actionable insights for organizations. The company offers two main products: Element AssetHub and Element Unify. Element AssetHub integrates operational historian data with existing industrial systems, effectively managing the complexity and volume of real-time industrial data. Element Unify aligns information technology and operational technology by contextualizing industrial IoT data. The platform enables data and operations teams to automate data preparation, allowing for proactive decision-making and insights. Element Analytics' solutions focus on data standardization, contextualization, and assurance of data trust, as well as providing descriptive, diagnostic, and predictive analytics. The company, which was incorporated in 2014 and rebranded from Servature, Inc. in 2015, is based in San Francisco, California.

StreetLight Data

Series D in 2020
StreetLight Data, Inc. specializes in cloud-based analytics solutions aimed at enhancing transportation management for both companies and government entities. Its primary product, StreetLight InSight, is an online platform that analyzes mobility patterns through Big Data, transforming anonymous location data from mobile devices into actionable insights for transportation engineers, urban planners, and property developers. Additionally, the company offers RouteScience, which organizes disparate location data into cohesive travel patterns. Founded in 2010 and headquartered in San Francisco, California, with additional locations in Richmond, Virginia, and Vancouver, Canada, StreetLight Data enables users to make informed decisions regarding infrastructure deployment and transportation planning, ultimately contributing to the development of smarter cities.

Scoop

Series C in 2019
Scoop Technologies, Inc. is a San Francisco-based company that specializes in carpooling solutions to enhance daily commutes. Founded in 2015 by brothers Rob and Jon Sadow, Scoop’s application enables users to coordinate morning and afternoon rides with nearby coworkers and neighbors based on individual routes and schedules. The platform supports both drivers and riders, utilizing an advanced algorithm to optimize trips by considering factors such as traffic and carpool lanes. With over 100,000 users and partnerships with various employers, including LinkedIn and T-Mobile, Scoop provides a seamless carpooling experience, alleviating the stress of commuting. The company is actively expanding its services across the country, aiming to make carpooling a convenient option for millions of commuters.

Flexe

Series B in 2019
FLEXE, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional storage and fulfillment capacity with those that have surplus space. Founded in 2013 and based in Seattle, Washington, the company provides a platform that facilitates efficient warehouse sourcing and setup, streamlining material handling operations for clients including retailers, wholesalers, manufacturers, and logistics firms. By addressing inventory overflow and fulfillment challenges, FLEXE enhances the logistics industry and enables businesses to achieve greater structural flexibility in their operations. The company aims to optimize the global delivery of goods and improve access to affordable warehousing solutions, ultimately helping enterprises strengthen their distribution networks and maximize revenue potential.

Volta Charging

Series C in 2018
Volta Charging is a company that focuses on the design, installation, and maintenance of electric vehicle charging stations across the United States. Founded in 2010 and headquartered in San Francisco, it operates a network of charging stations funded by sponsor brands, which allows it to provide a valuable amenity to communities. By strategically placing charging stations in high-traffic areas, Volta Charging helps facilitate the transition from traditional combustion-powered vehicles to electric vehicles. This approach not only benefits consumers by providing convenient access to charging but also serves the commercial interests of site hosts and partners by enhancing their engagement with customers at crucial decision-making moments.

HOMEE

Series A in 2018
HOMEE, Inc. is a mobile application company based in Tampa, Florida, that connects homeowners, renters, and property managers with various service providers for home maintenance and improvement needs. Founded in 2016, the platform allows users to easily find and hire local professionals, including handymen, plumbers, electricians, and HVAC specialists, through a GPS-driven interface. The technology streamlines the process of accessing essential services and aims to enhance the overall experience for users by facilitating quick and efficient home service transactions.

Stem

Series D in 2018
Stem, Inc. specializes in energy storage solutions and software designed to help businesses manage their energy costs effectively. Founded in 2009 and based in Millbrae, California, the company offers a software platform called Athena, which leverages big data and machine learning to optimize energy usage. Stem's services include a subscription model that provides automated savings, risk protection, and solar energy storage solutions, all without requiring significant operational changes from clients. The company also implements distributed battery systems in commercial and industrial facilities, analyzing electricity usage patterns to protect businesses from excessive costs. Through its innovative approach, Stem aims to enhance energy efficiency while contributing positively to the energy grid.

Generate

Private Equity Round in 2017
Generate Capital, Inc. is a specialty finance company focused on building, owning, and operating sustainable infrastructure to provide affordable and reliable resource solutions. Founded in 2014 and headquartered in San Francisco, California, the company finances assets across various sectors, including energy storage, solar, energy efficiency, mobility, and water resources. Generate Capital offers a range of financial products, including asset-backed lending, project finance, and customized financing solutions. The company collaborates with project developers, technology manufacturers, and contractors to facilitate the deployment of scalable businesses in renewable energy and sustainability, enabling its partners to generate revenue and enhance their operations.

Cairn Homes

Post in 2017
Cairn Homes plc operates as a homebuilder in Ireland. The company develops and sells residential properties. It is also involved in the rental of properties. The company was incorporated in 2014 and is based in Dublin, Ireland.
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