Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.
Senior Associate, Seed Fund and Doctors Innovate Fund
Drew Wandzilak
Senior Associate, Green D and Yard and Strategic Tech Fund
Sarah Worden
Venture Scout
Ray Wu
Managing Partner-Web3 / Blockchain Fund
Michael Yuann
Director of Investment Operations
Past deals in Smart Cities
Beltways
Seed Round in 2025
Beltways is a developer of innovative modular accelerating walkways aimed at enhancing urban mobility for pedestrians. These walkways enable users to traverse cities at speeds greater than traditional airport walkways while maintaining a zero carbon footprint. The company focuses on creating sustainable and fully electric mass transit solutions that facilitate quick and convenient movement in densely populated areas such as airports, venues, universities, and city centers. Additionally, Beltways incorporates a software-as-a-service (SaaS) platform into its systems, providing valuable analytics and insights related to passenger flow, energy consumption, incident detection, and maintenance needs.
RedoxBlox
Series A in 2024
RedoxBlox specializes in thermochemical energy storage technology aimed at decarbonizing high-temperature industrial thermal processing and enhancing natural gas power production. By providing a cost-effective alternative to fossil fuels, the company enables continuous energy discharge at high temperatures, significantly reducing carbon and nitrogen oxide emissions. Its system is designed to integrate seamlessly with existing infrastructure, improving grid resilience while supporting industrial processors and power plant operators. RedoxBlox's technology facilitates the electrification and storage of energy, allowing industries to harness renewable energy sources through large-scale, long-duration energy storage solutions.
SIQ Basketball
Seed Round in 2024
SIQ Basketball, based in Los Angeles, California, specializes in developing innovative sports technology. The company has created a smart basketball that is approved for official gameplay by the International Basketball Federation. In addition to its hardware, SIQ Basketball offers sports analytics software tailored for sports organizations. This technology includes applications that provide customized video content, data collection, and advanced analysis through real-time tracking of players, teams, and equipment. By integrating statistics with video, SIQ Basketball enables teams, broadcasters, and fans to analyze games more efficiently, allowing coaches to deliver prompt feedback to players and significantly reducing scouting time.
Hayden AI
Series B in 2023
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.
Glydways
Series B in 2023
Glydways, formerly known as Wayfarer, is a transportation technology and clean energy company located in South San Francisco, California. The company focuses on designing, manufacturing, installing, and operating affordable autonomous transportation systems that cater to various capacity needs, including low, medium, and extremely high-capacity demands. Glydways aims to transform mobility and public transportation by providing a system that operates profitably at existing mass transit fares. Its solutions are designed for efficiency, featuring a small physical and environmental footprint, with zero greenhouse gas emissions. By offering a personal, private car experience, Glydways enhances passenger capacity while minimizing costs and environmental impact.
Nextiles
Seed Round in 2022
Nextiles is a New York-based company founded in 2019 that specializes in smart apparel technology, merging athletic clothing with an advanced analytics system to enhance exercise performance and safety. The company innovatively integrates electrically conductive fibers into fabrics using a patented sewing technology, allowing for the development of wearables that include motion sensors directly within the apparel. This unique approach enables the creation of responsive and adaptive devices, providing valuable insights into an individual's movement patterns. With a strong foundation in electrical engineering and circuit design, Nextiles offers its expertise to businesses looking to develop or enhance their own Internet of Things (IoT) and smart device products.
GridMatrix
Seed Round in 2022
GridMatrix develops software aimed at alleviating traffic congestion, reducing emissions, and enhancing safety in urban environments. By leveraging existing infrastructure, such as intersection cameras and other sensors, GridMatrix provides real-time insights and analytics that optimize intersection efficiency. The software processes data from these sources in conjunction with cloud-based mobility information, allowing cities to autonomously manage traffic flow, adaptively time traffic signals, and anticipate potential congestion and accidents. This innovative approach enables urban areas to improve overall traffic management and safety while minimizing environmental impact.
Beam
Series B in 2022
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.
Zordi
Series A in 2021
Zordi operates an innovative agricultural technology platform that features an autonomous modular greenhouse system, utilizing advanced robotics and artificial intelligence. The company focuses on enhancing agricultural operations through automation, enabling precise pest management, efficient harvesting, and effective packing processes. By integrating these technologies, Zordi aims to improve the reliability and effectiveness of consumer solutions in the agriculture sector. The platform is designed to support distributed greenhouse farms located near urban centers, facilitating the delivery of fresh, high-quality fruits and vegetables to consumers while providing a significant return on investment for operators.
Hayden AI
Series A in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.
Almanac Labs
Venture Round in 2021
The ALMANAC Lab is a full deployment of the ALMANAC Smart City Enablers which can be used to experiment with IoT in a Smart City context. Use their components when building YOUR IoT solution, here at the ALMANAC-Lab. You can experiment with the OPEN data they are publishing, or add your own. If you prefer, download their platform, and get started with things like storage, messaging, security in just a few seconds. Their components can be used individually, or together as a comprehensive Reliable Smart Secure Internet of Things for Smart Cities platform.
Cabana
Series A in 2021
Cabana operates a fleet of upscale, custom-made mobile hotel rooms designed to provide travelers with flexibility and comfort. Utilizing 2019 Ford Transit vans, the company offers a unique lodging experience that combines luxury amenities with the freedom to travel anywhere. Each mobile hotel room is thoughtfully designed with high-quality features such as a comfortable bed, ample storage, and a bathroom, all tailored for an optimal stay in a compact space. Cabana enhances the travel experience through its technology-enabled app, which allows users to reserve, check in, and check out of their accommodations without the need for in-person interactions. This approach not only offers the convenience of traditional lodging but also embodies the essence of luxury van life, enabling travelers to enjoy a premium experience on the road.
Wheels
Venture Round in 2021
Wheels operates a shared electric mobility platform aimed at transforming dockless transportation. The company provides hybrid electric vehicles that feature a sleek design and include swappable parts and batteries, ensuring efficient maintenance. Each vehicle is equipped with built-in Bluetooth speakers and a charging point for smartphones, enhancing the user experience. This platform allows users to access low-cost, enjoyable, and comfortable e-bikes, facilitating convenient urban travel through a smartphone connection.
Hayden AI
Seed Round in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.
The Routing Company
Seed Round in 2020
The Routing Company is a technology firm based in Cambridge, Massachusetts, specializing in dynamic vehicle routing and management solutions for public transit. Founded in 2018 by MIT researchers and rideshare industry veterans, the company offers a platform that utilizes proprietary artificial intelligence to optimize shared ride services. Its primary product, the Pingoâ„¢ app, allows users to request rides on-demand or in advance, accommodating various operational modes including flex, fixed, and paratransit. By partnering with cities and transit agencies, The Routing Company aims to enhance transport equity, accessibility, cost efficiency, and sustainability in urban mobility. The firm also provides fleet management tools and analytics to support private fleets and demand-responsive transit initiatives.
Wheels
Series A in 2020
Wheels operates a shared electric mobility platform aimed at transforming dockless transportation. The company provides hybrid electric vehicles that feature a sleek design and include swappable parts and batteries, ensuring efficient maintenance. Each vehicle is equipped with built-in Bluetooth speakers and a charging point for smartphones, enhancing the user experience. This platform allows users to access low-cost, enjoyable, and comfortable e-bikes, facilitating convenient urban travel through a smartphone connection.
Beam
Venture Round in 2020
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.
Arrive
Venture Round in 2020
Arrive is a company that focuses on enhancing the last mile of mobility through innovative parking solutions. It offers a unique platform that predicts and recommends optimal parking options tailored to individual journeys, thereby simplifying the parking experience for drivers. This technology is accessible through various interfaces, including apps, websites, voice platforms, and in-dash vehicle integrations. Arrive serves a diverse range of clients, including smart cities, automakers, fleets, and venues, while also managing consumer brands like ParkWhiz and BestParking. The company aims to streamline parking processes, providing features that allow for easy reservations and drive-up access at numerous locations, ultimately making parking more efficient and user-friendly.
Wheels
Venture Round in 2019
Wheels operates a shared electric mobility platform aimed at transforming dockless transportation. The company provides hybrid electric vehicles that feature a sleek design and include swappable parts and batteries, ensuring efficient maintenance. Each vehicle is equipped with built-in Bluetooth speakers and a charging point for smartphones, enhancing the user experience. This platform allows users to access low-cost, enjoyable, and comfortable e-bikes, facilitating convenient urban travel through a smartphone connection.
Almanac Labs
Venture Round in 2019
The ALMANAC Lab is a full deployment of the ALMANAC Smart City Enablers which can be used to experiment with IoT in a Smart City context. Use their components when building YOUR IoT solution, here at the ALMANAC-Lab. You can experiment with the OPEN data they are publishing, or add your own. If you prefer, download their platform, and get started with things like storage, messaging, security in just a few seconds. Their components can be used individually, or together as a comprehensive Reliable Smart Secure Internet of Things for Smart Cities platform.
Optimus Ride
Venture Round in 2019
Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, specializing in the development of technologies aimed at creating efficient, sustainable, and equitable mobility systems. As a spinoff from MIT, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and mobility-on-demand systems. Its team possesses extensive industrial and entrepreneurial expertise, encompassing areas such as manufacturing robots, urban design, and shared vehicle fleet management. Optimus Ride focuses on implementing self-driving technology in geofenced environments, utilizing advancements in sensor fusion, mapping, computer vision, and machine learning. This enables a wide range of transportation solutions, from commercial vessel operations to various transit options.
Wheels
Series A in 2019
Wheels operates a shared electric mobility platform aimed at transforming dockless transportation. The company provides hybrid electric vehicles that feature a sleek design and include swappable parts and batteries, ensuring efficient maintenance. Each vehicle is equipped with built-in Bluetooth speakers and a charging point for smartphones, enhancing the user experience. This platform allows users to access low-cost, enjoyable, and comfortable e-bikes, facilitating convenient urban travel through a smartphone connection.
Arrive
Series D in 2018
Arrive is a company that focuses on enhancing the last mile of mobility through innovative parking solutions. It offers a unique platform that predicts and recommends optimal parking options tailored to individual journeys, thereby simplifying the parking experience for drivers. This technology is accessible through various interfaces, including apps, websites, voice platforms, and in-dash vehicle integrations. Arrive serves a diverse range of clients, including smart cities, automakers, fleets, and venues, while also managing consumer brands like ParkWhiz and BestParking. The company aims to streamline parking processes, providing features that allow for easy reservations and drive-up access at numerous locations, ultimately making parking more efficient and user-friendly.
Newmetrix
Series A in 2017
Newmetrix is a technology company that offers a cloud-based video management platform aimed at minimizing risks on construction job sites through the integration of human and artificial intelligence. The platform leverages machine learning to analyze images and videos from various projects, categorizing them with construction-specific tags. This capability helps clients address challenges related to management, collaboration, search, and analysis of industrial visual content, thereby enhancing safety and operational efficiency in the construction industry.
Soofa
Seed Round in 2015
Soofa is a female-founded company established in 2014, originating from MIT and Harvard. It specializes in enhancing urban environments by integrating technology into public spaces to improve citizen engagement and experiences. The company develops solar-powered digital kiosks and smart signboards that serve as outdoor advertising platforms for city planners and local businesses. Soofa's digital signs display community-related content, local events, and real-time transit updates, fostering a connection between residents and their neighborhoods. Additionally, the Soofa Talk platform allows community members to contribute content to the signs, ensuring diverse voices are represented in public communication. Through its innovative approach, Soofa aims to make cities smarter, more social, and sustainable.
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