Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm founded in 2013 and based in Manchester, New Hampshire, with additional offices in major cities across North America. The firm specializes in seed, early-stage, and late-stage pre-IPO investments, focusing on companies with an alumni connection and supported by established institutional lead investors. Alumni Ventures aims to provide accredited investors, particularly alumni from top entrepreneurial schools, with access to diversified venture portfolios that span various sectors and geographic regions. The firm typically invests between $0.01 million and $3 million and does not require board or observer seats in its portfolio companies. Through its managed fund families, Alumni Ventures enables investors to participate in a collaborative investment approach, fostering connections among alumni while facilitating investment opportunities in innovative ventures.

Rob Adams

Managing Partner

Gail Ball

Venture Scout

Andrew Baum

Vice President, Treasury and Capital Management

David Beazley

Executive Partner

Ali Byrd

Investor Advisory Council Member

Matt Caspari

Managing Partner, Strawberry Creek and amp; Deep Tech

Matt Castellini

Senior Associate

Helen Chen

CEO Services Analyst

Cainon Coates

Managing Partner

Michael Collins

CEO

Thomas Edwards

Associate

Yev Gelfand

Investor

Mason Hale

Senior Associate, Chestnut Street and Triphammer Ven

Jin Kim

Senior Vice President, Office of Investments

Lucas Kirshenbaum

VC Investor

Ron Levin

Managing Partner, AV Seed Fund and Doctors Innovate Fund

Jess Liu-Brown

Principal

Michael Madden

Co-Founder and Investment Professionals

Jonathan Meltzer

Managing Partner

Tom Meyer

Managing Partner, Nassau Street

Keith Murphy

Director, Video Programs

David Muson

CFO

Aisha Robinson

Comms Team VP of Strategic Communications

Saad Shaheen

Investor Operations Manager

Stephen Stolzenberg

Senior Associate

Justin Strausbaugh

Managing Partner, Lakeshore

Brittney Wade

Senior Associate, Seed Fund

Sarah Worden

Venture Scout

Wesley Yiu

Partner

Henri Yuan

Investor

Michael Yuann

Director of Investment Operations

Past deals in Transport and logistics

BlueX

Venture Round in 2023
BlueX Trade, Inc. operates an online freight marketplace that connects carriers, trade service providers, and shippers. Founded in 2018 and based in Diamond Bar, California, with an additional office in Taiwan, the company offers a digitized platform that allows carriers to monetize their networks and enables trade service providers to expand their customer reach. BlueX provides enterprise shippers with access to tier 1 services and competitive rates through its BlueX Rate Management System, which automatically updates spot and contract rates from ocean carriers via direct digital connections. The platform also integrates various trade services, such as insurance, customs, and financing, to facilitate a seamless experience for users. By digitizing logistical workflows and employing AI-driven trade expertise, BlueX aims to democratize access to capital and enhance global trade efficiency.

GridMatrix

Seed Round in 2022
GridMatrix makes AI-based intelligent transportation system software and advanced sensing hardware for cities. The company's products help cities reduce traffic congestion, as well as emissions from idling and accident rates. The founding team includes five former Apple engineering and operations colleagues with over 100 years of product development experience and holds 22 patents.

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.

Velostics

Seed Round in 2021
Operator of an enterprise Software-as-a-Service platform designed to automate manual and paper-based inbound logistics at industrial facilities. The company's platform automates communication between carriers and facilities systems, enabling logistics teams to exchange required shipment data contactless and eliminating delays and paperwork to schedule, ship, check in, and load vehicles faster and error-free.

Deliverr

Series E in 2021
Deliverr, Inc. is a San Francisco-based company that specializes in order fulfillment services for e-commerce retailers. Founded in 2017, it offers a technology-driven platform that facilitates affordable and efficient fulfillment solutions for multi-marketplace sellers. Deliverr's services include storage, shipping, and order management, allowing online businesses to meet shipping standards and avoid penalties for late shipments. The company leverages machine learning and predictive intelligence to provide various shipping options and enhance the overall fulfillment process. By enabling sellers of all sizes to deliver fast and cost-effective services, Deliverr aims to improve customer satisfaction and support the growth of e-commerce businesses.

Fleet Space Technologies

Series B in 2021
Fleet Space Technologies Pty Ltd is an Australian company that designs, builds, and launches a network of small satellites to provide global satellite connectivity for the Internet of Things (IoT). Founded in 2015 and based in Beverley, the company focuses on delivering low-cost, secure, and efficient connectivity solutions for various sectors, including mining, oil and gas, precision agriculture, and transportation. By utilizing a fleet of tiny satellites, Fleet Space enables machine-to-machine data exchange and the deployment of IoT sensor networks at scale. The platform facilitates simple device setup and management through a web interface, enhancing resource efficiency and supporting the growth of IoT applications worldwide.

Metrobi

Seed Round in 2021
Metrobi Inc. is a company specializing in pre-scheduled delivery services designed for business-to-business transactions. Founded in 2016 and based in Boston, Massachusetts, Metrobi utilizes a mobile platform that incorporates artificial intelligence to optimize local deliveries for businesses. The company's technology enables efficient routing and pairing of deliveries, allowing for bulk product pickups from stores or warehouses and subsequent delivery to various destinations. This innovative approach increases driver productivity by 23% and reduces mileage by up to 50%. By facilitating a shared delivery service and providing an on-demand fleet, Metrobi aims to lower delivery costs for businesses while ensuring fair compensation for drivers.

Lightship

Seed Round in 2021
Lightship is an early-stage hardware startup founded in 2020 by former Tesla employees, based in San Francisco. The company is focused on revolutionizing the recreational vehicle (RV) industry, which is valued at $26 billion, by developing an aerodynamic, battery-powered trailer. This innovative vehicle aims to provide an environmentally friendly alternative to traditional gas-powered RVs, alleviating issues such as noise, emissions, and range anxiety. By prioritizing sustainability, Lightship seeks to enhance outdoor travel experiences while promoting the preservation of nature. The company’s approach allows travelers to reduce fuel costs and minimize their environmental impact, making it easier to explore the outdoors responsibly.

CompScience

Seed Round in 2021
Kinetic Eye is an artificial intelligence software company serving the warehouse and transportation industry. We create intelligent workplaces that improve business performance and employee safety and satisfaction. Our solutions solve real problems, for real people and organizations, using the most advanced technology available today.

Hitch

Seed Round in 2021
Operator of a ride-sharing platform designed to offer promising and joyful intercity transportation to customers. The company's platform permits pre-booking rides to concerts, airports and intercity trips and specializes in rides over a distance of a hundred miles aiming to replace traditional methods of traveling intercity such as trains and buses, enabling travelers to travel long distances at a low price.

Tundra

Series B in 2021
Tundra Inc. operates an online marketplace designed for businesses to buy and sell products efficiently and without fees or markups. Founded in 2017 and headquartered in San Francisco, California, Tundra utilizes proprietary technology to streamline wholesale processes, significantly reducing the time and effort required for transactions. The platform enables direct sales and delivery from U.S. and Canadian brands to a diverse community of over 10,000 businesses across the globe. Tundra offers a wide variety of products in categories such as kids, home, beauty, apparel, and general merchandise, facilitating instant online transactions with freight included. The company is also venture-backed and maintains an office in Zurich.

Fetch

Convertible Note in 2021
Fetch is a self-service truck and van rental platform designed to simplify the rental process for users. It addresses common frustrations associated with traditional truck rental, such as long wait times, hidden fees, and complicated return procedures. Fetch offers a straightforward pricing model that includes all costs in a single hourly rate, eliminating surprise charges for mileage or insurance. Additionally, it enhances convenience by delivering rental vehicles directly to customers rather than requiring them to visit a rental location. The platform allows users to easily find and book trucks from local owners through an intuitive application, making it accessible for those in need of transportation. With a focus on modern, safe, and user-friendly vehicles, Fetch aims to provide an efficient solution for individuals and businesses looking to complete their transportation needs quickly and effectively.

Flexe

Series C in 2021
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.

OneRail

Seed Round in 2021
OneRail is a final mile delivery orchestration platform designed to enhance the efficiency of same-day and on-demand deliveries for enterprise clients. By utilizing a cloud-based system, OneRail connects demand signals from various sources, such as point-of-sale systems, eCommerce platforms, and enterprise resource planning tools, to a network of delivery services and internal fleets in real-time. This integration provides clients with real-time visibility and actionable data, allowing for data-driven optimization of the delivery process. With a centralized view of disparate final mile data, OneRail improves the dependability, speed, and cost-effectiveness of fulfillment, making it a valuable solution for businesses seeking to streamline their delivery operations.

Routable AI Inc.

Seed Round in 2020
Routable AI Inc., founded in 2019 and based in Cambridge, Massachusetts, specializes in fleet management software designed for on-demand transportation services, including shuttles and buses. The company aims to address the evolving mobility landscape, targeting the high-capacity mobility-as-a-service market, which is projected to be worth $30 billion. By leveraging advanced AI and patent-pending routing algorithms developed from extensive research at MIT, Routable AI provides a platform that significantly enhances operational efficiency for fleet operators. This technology enables dynamic routing of transportation services, leading to reductions in fleet sizes by up to 80% while offering a cost-effective and convenient alternative for commuters and corporations alike.

NavTrac

Seed Round in 2020
NavTrac is a technology company that specializes in yard management solutions, utilizing computer vision to enhance operational efficiency and safety. The platform offers an Automated Gate System (AGS) designed to improve data accuracy, detect damages, and streamline inventory management while reducing the need for security personnel. By automating and optimizing yard operations, NavTrac aims to create a safer and more environmentally friendly working environment. The company serves a range of clients, including Fortune 500 companies, and has received funding from notable investors such as TenOneTen, Blumberg Capital, Silicon Valley Data Capital, and Y Combinator. Founded in San Francisco, NavTrac is committed to transforming yard management through innovative technology.

Gatik

Series A in 2020
Gatik is a startup founded in 2017 and headquartered in Palo Alto, California, focused on developing technology for autonomous vehicles aimed at short-haul logistics. The company specializes in artificial intelligence and automotive technologies, creating software for SAE Level 4 autonomous commercial trucks and vans, specifically designed for middle-mile logistics. Gatik's solutions enable customers to efficiently fulfill scheduled deliveries, aiming to transform supply chain logistics and support the deployment of self-driving commercial fleets.

Loadsmart

Series C in 2020
Loadsmart, Inc. operates an online platform designed to streamline the logistics process for shippers and carriers. Founded in 2014 by Felipe Capella and Ricardo Salgado, the company is headquartered in New York, with an additional office in Chicago. The platform offers users the ability to obtain real-time, bookable rates, facilitating efficient interactions between shippers and carriers. It allows shippers to quickly move freight and helps carriers optimize their capacity by keeping trucks full. Loadsmart's service includes features for obtaining quotes, booking trucks, and tracking freight from pickup to delivery, thereby enhancing the overall efficiency of the shipping process.

FreightFlows

Venture Round in 2020
FreightFlows, Inc. is a maritime market intelligence company based in Boston, Massachusetts, founded in 2018. It specializes in providing predictive analytics for global trade, focusing on the needs of traders, shippers, owners, and brokers. The company has developed a data platform that sources, synthesizes, and analyzes current market information, allowing users to explore trends in market, port, and fleet activity. The platform enables customers to identify vessel availability, routes, and estimated times of arrival (ETA), while also enhancing visibility into commodity cargoes and trade activities. Additionally, FreightFlows offers services for market analysis to help clients navigate futures markets, mitigate commercial risk, and hedge against freight rate volatility.

Loadsmart

Venture Round in 2020
Loadsmart, Inc. operates an online platform designed to streamline the logistics process for shippers and carriers. Founded in 2014 by Felipe Capella and Ricardo Salgado, the company is headquartered in New York, with an additional office in Chicago. The platform offers users the ability to obtain real-time, bookable rates, facilitating efficient interactions between shippers and carriers. It allows shippers to quickly move freight and helps carriers optimize their capacity by keeping trucks full. Loadsmart's service includes features for obtaining quotes, booking trucks, and tracking freight from pickup to delivery, thereby enhancing the overall efficiency of the shipping process.

Picnic

Venture Round in 2020
Picnic B.V. is an online grocery store based in Amsterdam, Netherlands, which was founded in 2015. The company operates a platform that allows users to order groceries at competitive prices, with a focus on providing cost-effective services. Customers can place orders through the application for next-day delivery, with the company coordinating with local bakers, greengrocers, and other suppliers to fulfill these orders. Picnic distinguishes itself by utilizing electric vehicles for delivery, ensuring a sustainable approach to grocery shopping. The founders of the company are Frederik Nieuwenhuys, Joris Beckers, and Michiel Muller.

FleetOps

Seed Round in 2020
FleetOps is a freight marketplace based in Toronto, Canada, founded in 2014. The company has developed an application that connects freight from brokers and shippers, automating the allocation of loads to truck drivers. By leveraging data from telematics providers, FleetOps gathers extensive information on vehicle locations, typical routes, idle times, and driver behavior. This data is processed using AI and machine learning algorithms to identify the most suitable loads for each driver. Drivers interact with the system through a mobile application, which is required for compliance with electronic logging device regulations. In addition to facilitating load matching, FleetOps provides tailored analytics and key performance indicators specific to carrier trucking operations, enhancing efficiency and decision-making in logistics.

newtrul

Pre Seed Round in 2020
Newtrul is a shipment aggregation platform that facilitates connections among shippers, brokers, and freight carriers. By providing a centralized portal, the platform streamlines the truckload freight matching process, allowing trucking companies to efficiently search for and digitally book their next loads. This digitization and aggregation into a spot marketplace enhance the overall efficiency of freight logistics, making it easier for carriers to find job opportunities.

Isometric Technologies

Seed Round in 2020
Isometric Technologies is a performance management solution for the supply chain industry.

BlueX

Venture Round in 2020
BlueX Trade, Inc. operates an online freight marketplace that connects carriers, trade service providers, and shippers. Founded in 2018 and based in Diamond Bar, California, with an additional office in Taiwan, the company offers a digitized platform that allows carriers to monetize their networks and enables trade service providers to expand their customer reach. BlueX provides enterprise shippers with access to tier 1 services and competitive rates through its BlueX Rate Management System, which automatically updates spot and contract rates from ocean carriers via direct digital connections. The platform also integrates various trade services, such as insurance, customs, and financing, to facilitate a seamless experience for users. By digitizing logistical workflows and employing AI-driven trade expertise, BlueX aims to democratize access to capital and enhance global trade efficiency.

Forager

Venture Round in 2020
Forager Group, Inc. is a company that specializes in cross-border freight and logistics services, primarily catering to supply chain networks in the automotive and aerospace sectors. Established in 2018 and headquartered in Chicago, Illinois, Forager offers a range of services, including standard, expedited, and cross-border truckload solutions. The company utilizes advanced technology to address the challenges faced by cross-border shippers, providing modern and efficient transportation solutions. Additionally, Forager features a user-friendly web-based transportation management platform that enhances service delivery in the logistics industry. Its operations extend throughout the United States, Mexico, and Canada.

Wheels

Series A in 2020
Wheels operates a shared electric mobility platform designed to revolutionize dockless mobility. The company's platform offers hybrid electric vehicles that are sleek in design with swappable parts, batteries and real-time dynamic maintenance upkeep with the built-in bluetooth speakers as well as charging point for phone, enabling users to get low-cost, fun and comfortable ebikes to get around cities through the connection of a smartphone.

Forager

Series A in 2020
Forager Group, Inc. is a company that specializes in cross-border freight and logistics services, primarily catering to supply chain networks in the automotive and aerospace sectors. Established in 2018 and headquartered in Chicago, Illinois, Forager offers a range of services, including standard, expedited, and cross-border truckload solutions. The company utilizes advanced technology to address the challenges faced by cross-border shippers, providing modern and efficient transportation solutions. Additionally, Forager features a user-friendly web-based transportation management platform that enhances service delivery in the logistics industry. Its operations extend throughout the United States, Mexico, and Canada.

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.

Deliverr

Venture Round in 2019
Deliverr, Inc. is a San Francisco-based company that specializes in order fulfillment services for e-commerce retailers. Founded in 2017, it offers a technology-driven platform that facilitates affordable and efficient fulfillment solutions for multi-marketplace sellers. Deliverr's services include storage, shipping, and order management, allowing online businesses to meet shipping standards and avoid penalties for late shipments. The company leverages machine learning and predictive intelligence to provide various shipping options and enhance the overall fulfillment process. By enabling sellers of all sizes to deliver fast and cost-effective services, Deliverr aims to improve customer satisfaction and support the growth of e-commerce businesses.

FuelPanda

Venture Round in 2019
FleetPanda provides a logistics platform that helps manage fleet operations. FleetPanda's services include refueling, maintaining, and washing various kinds of the fleet which are used for construction, delivery, landscaping, tour, and other purposes, allowing clients to save on extra costs and carry out their operations in a simpler manner.

Wheels

Venture Round in 2019
Wheels operates a shared electric mobility platform designed to revolutionize dockless mobility. The company's platform offers hybrid electric vehicles that are sleek in design with swappable parts, batteries and real-time dynamic maintenance upkeep with the built-in bluetooth speakers as well as charging point for phone, enabling users to get low-cost, fun and comfortable ebikes to get around cities through the connection of a smartphone.

HopSkipDrive

Venture Round in 2019
HopSkipDrive, Inc. offers ridesharing services specifically designed for children aged five and older. Founded in 2014 and headquartered in Los Angeles, California, the company aims to provide safe and reliable transportation solutions for schools, districts, government agencies, and families. By focusing on the unique needs of children, HopSkipDrive facilitates transportation for various activities, helping to accommodate busy schedules and enhance accessibility for families in the Los Angeles area.

Tundra

Series A in 2019
Tundra Inc. operates an online marketplace designed for businesses to buy and sell products efficiently and without fees or markups. Founded in 2017 and headquartered in San Francisco, California, Tundra utilizes proprietary technology to streamline wholesale processes, significantly reducing the time and effort required for transactions. The platform enables direct sales and delivery from U.S. and Canadian brands to a diverse community of over 10,000 businesses across the globe. Tundra offers a wide variety of products in categories such as kids, home, beauty, apparel, and general merchandise, facilitating instant online transactions with freight included. The company is also venture-backed and maintains an office in Zurich.

Wheels

Series A in 2019
Wheels operates a shared electric mobility platform designed to revolutionize dockless mobility. The company's platform offers hybrid electric vehicles that are sleek in design with swappable parts, batteries and real-time dynamic maintenance upkeep with the built-in bluetooth speakers as well as charging point for phone, enabling users to get low-cost, fun and comfortable ebikes to get around cities through the connection of a smartphone.

Logistyx Technologies

Venture Round in 2017
Logistyx Technologies specializes in helping businesses optimize their shipping processes to significantly reduce costs, with reported savings of up to 40 percent. The company offers a cloud-based transportation management system that identifies the best carrier combinations in real-time, enhancing efficiency for both large warehouse operations and small businesses. Its platform incorporates advanced parcel analytics and leverages a global network of carrier integrations, allowing customers to choose transportation options based on factors such as cost, speed, and service quality. By combining cloud capabilities with onsite tools, Logistyx Technologies ensures effective support for a diverse range of fulfillment processes.

Zagster

Series B in 2017
Zagster Inc. is a transportation provider based in Cambridge, Massachusetts, specializing in the design, construction, and operation of bike-sharing programs for a variety of clients across North America. The company partners with property managers, universities, hotels, corporate campuses, and small cities to deliver tailored bike-sharing solutions for tenants, employees, guests, and residents. Zagster's offerings include a mobile application that allows users to unlock, ride, and return bikes, as well as a comprehensive micro-mobility operations platform for e-mobility providers. Additionally, the company provides essential maintenance and rider support services, ensuring a seamless experience for users. Founded in 2007, Zagster was previously known as CityRyde LLC.

Zagster

Seed Round in 2014
Zagster Inc. is a transportation provider based in Cambridge, Massachusetts, specializing in the design, construction, and operation of bike-sharing programs for a variety of clients across North America. The company partners with property managers, universities, hotels, corporate campuses, and small cities to deliver tailored bike-sharing solutions for tenants, employees, guests, and residents. Zagster's offerings include a mobile application that allows users to unlock, ride, and return bikes, as well as a comprehensive micro-mobility operations platform for e-mobility providers. Additionally, the company provides essential maintenance and rider support services, ensuring a seamless experience for users. Founded in 2007, Zagster was previously known as CityRyde LLC.
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