Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm founded in 2013 and based in Manchester, New Hampshire, with additional offices in North America. The firm specializes in seed, early-stage, and late-stage pre-IPO investments, focusing on companies that have an alumni connection and an institutional lead investor with relevant expertise. It offers high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who previously lacked access to venture capital opportunities. Alumni Ventures Group invests between $0.01 million and $3 million in various sectors and geographies, without seeking board or observer seats. Additionally, the firm provides focused funds that enable any accredited investor to access a diverse venture portfolio, allowing for investment across different types, sectors, stages, and geographical locations.

Gregory Baker

Managing Partner

Bryan Jurewicz

Venture Partner

Michael Madden

Managing Partner

Past deals in Ride Sharing

Beam

Series B in 2022
Beam Mobility Holdings Pte. Ltd. is a Singapore-based company that specializes in the rental of electronic scooters. Established in 2018, Beam operates through a mobile application that facilitates the rental process for users. The company promotes responsible parking by incentivizing customers to return e-scooters to designated parking spots, thereby reducing street congestion and enhancing urban mobility. Beam aims to provide a convenient and eco-friendly transportation alternative for urban dwellers.

Phantom Auto

Series B in 2022
Phantom Auto Inc. develops a software for the remote-operation of autonomous vehicles. It offers a software, which allows remote drivers to operate passenger vehicles, yard trucks, forklifts, and delivery robots in construction zones, bad weather, and roadside emergencies through Phantom's remote centers. The company was incorporated in 2016 and is headquartered in Mountain View, California. It has an additional office in Tel Aviv, Israel.

Yassir

Venture Round in 2021
Yassir Inc offers ride sharing services through its mobile application. It offers Yassir Go, a mobile application that allows users to book a driver anywhere and anytime. In addition, it also provides Yassir Go, a mobile application for ordering food online. The company was founded in 2016 and is based in Algiers, Algeria.

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.

Alto

Series B in 2021
Alto provides on-demand rides using a dedicated fleet of new, safe, and well-maintained vehicles. Each driver is an employee of Alto and is carefully vetted and trained to give members a professional and predictable ride, every time. Alto's elegant apps and in-car technology customize each member's experience each time. In short, members drive everything, except for the car. The company is launching in Dallas, Texas with plans to scale to new US cities in 2019. Alto was founded in 2018 and is headquartered in Dallas, Texas, United States

Cabana

Series A in 2021
Cabana opens up the flexibility of travel plans so that travelers can book once and go anywhere. The company has built out a fleet of upscale custom-made mobile hotel rooms, using 2019 Ford Transit vans, to give travelers the freedom to travel and sleep where they want and when they want. Every element, from the bed to the storage, to the bathroom to the internet, is designed from the ground up for a tailored and premium experience. Simplified lodging often translates to lower quality, but Cabana has taken the luxurious amenities of a thoughtfully designed suite and outfitted it for a small space. Enabled through tech, Cabana brings travelers digital convenience and peace of mind through contact-free check-in. The app lets travelers reserve, check-in, pick-up, and check-out of their mobile hotel room without having to make a pit stop to the front desk.

Flux EV

Seed Round in 2021
Flux makes it easy and affordable for drivers to go electric.

Venus Aerospace

Seed Round in 2021
Venus Aerospace is a start-up company pushing the boundaries of high speed transportation.

Fetch

Convertible Note in 2021
Fetch was born out of the frustration of trying to rent other trucks. They hated the long lines, hidden charges for mileage and insurance, and anxiety in remembering to refill the gas tank. They just wanted to get their job done as quickly as possible. They're changing the model. Instead of quoting one price, but charging for every small add-on, they provide everything in one simple hourly price. Instead of having to travel to a rental center, they'll deliver your Fetch rental to you. Instead of outdated, hard-to-drive trucks, their vans are modern, safe, and easy to drive. You're their partner; not just a customer. Transportation should be convenient and fast. You have a job to do, and Fetch helps you get it done.

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.

Swiftmile

Series A in 2020
Swiftmile, Inc. manufactures and operates parking and charging solution for light electric vehicles. It offers Swiftmile platform, a smart solar powered locking, docking, and charging station for scooter and ebike operators, as well as municipalities, workplaces, transit authorities, schools, hospitality and retail centers, events planners, real estate owners, and others. Swiftmile, Inc. was incorporated in 2015 and is based in San Carlos, California.

Yassir

Venture Round in 2020
Yassir Inc offers ride sharing services through its mobile application. It offers Yassir Go, a mobile application that allows users to book a driver anywhere and anytime. In addition, it also provides Yassir Go, a mobile application for ordering food online. The company was founded in 2016 and is based in Algiers, Algeria.

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.

Beam

Venture Round in 2020
Beam Mobility Holdings Pte. Ltd. is a Singapore-based company that specializes in the rental of electronic scooters. Established in 2018, Beam operates through a mobile application that facilitates the rental process for users. The company promotes responsible parking by incentivizing customers to return e-scooters to designated parking spots, thereby reducing street congestion and enhancing urban mobility. Beam aims to provide a convenient and eco-friendly transportation alternative for urban dwellers.

Arrive

Venture Round in 2020
Arrive Mobility Inc. operates a transactional platform that facilitates the booking and payment of parking for drivers, fleets, and connected vehicles across North America. The company provides an extensive inventory of parking spaces that can be reserved in advance, thus enhancing the parking experience. Arrive serves a diverse clientele, including car manufacturers, navigation companies, smart cities, and venues such as sports and theater stadiums. The company, previously known as ParkWhiz, Inc., was established in 2006 and rebranded in 2019. It offers solutions through various platforms, including apps, websites, and in-vehicle integrations, ensuring a seamless parking experience that predicts and recommends optimal parking options for users. With a network of over a million parking spots, Arrive aims to improve the efficiency of parking and contribute to smarter mobility solutions. The company is headquartered in Chicago, Illinois, and has a research and development center in Israel.

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.

Sidecar

Series C in 2019
Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerful online shopping campaigns.

Skip Scooters

Venture Round in 2019
Skip Scooters operates shared electric scooters for reliable last-mile transportation. The company works with cities to ensure our fleets are operated with the support of the surrounding communities, and they stand behind their riders by providing vehicles, safety education, and training, and world-class support. The scooter rental company is based in San Francisco, California. It is formerly known by its Y Combinator codename, Waybots.

Optimus Ride

Venture Round in 2019
Optimus Ride is a self-driving vehicle company based in Boston, MA. It designs technologies to enable efficient, sustainable, and equitable mobility systems and solutions. As an MIT spinoff company, it combines over 30 years of interdisciplinary university research in self‑driving technologies (DARPA Urban Challenge), electric vehicles (CityCar), and Mobility-on-Demand Systems. The team includes a decade of industrial and entrepreneurial experience that combines manufacturing robots, urban design, and shared vehicle fleet management.

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.

Arrive

Series D in 2018
Arrive Mobility Inc. operates a transactional platform that facilitates the booking and payment of parking for drivers, fleets, and connected vehicles across North America. The company provides an extensive inventory of parking spaces that can be reserved in advance, thus enhancing the parking experience. Arrive serves a diverse clientele, including car manufacturers, navigation companies, smart cities, and venues such as sports and theater stadiums. The company, previously known as ParkWhiz, Inc., was established in 2006 and rebranded in 2019. It offers solutions through various platforms, including apps, websites, and in-vehicle integrations, ensuring a seamless parking experience that predicts and recommends optimal parking options for users. With a network of over a million parking spots, Arrive aims to improve the efficiency of parking and contribute to smarter mobility solutions. The company is headquartered in Chicago, Illinois, and has a research and development center in Israel.

SendaRide

Series A in 2018
SendaRide, Inc. is a company based in Oklahoma City, Oklahoma, that specializes in providing non-emergency medical transportation. Founded in 2016, SendaRide focuses on serving non-emergency medical patients, the elderly, and children, offering tailored transportation solutions for the healthcare industry. The company's platform is designed to ensure that individuals who require medical appointments or other essential services can access reliable and safe transportation.

Getaround

Series D in 2018
Getaround, Inc. operates an online marketplace for peer-to-peer car sharing and local car rentals, allowing users to rent vehicles from people nearby. Founded in 2009 and headquartered in San Francisco, the platform offers a diverse range of vehicles, including convertibles, luxury cars, SUVs, and trucks, available for rent by the hour or day. Getaround's innovative technology, known as Getaround Connect, facilitates a seamless car-sharing experience by enabling users to unlock and access vehicles without needing to meet the car owner or handle physical keys. The service is designed to eliminate the traditional hassles associated with car rentals, such as waiting in line and completing paperwork. Getaround provides users with a $1 million insurance policy and 24/7 roadside assistance, making it a safe option for renters. The company operates in major metropolitan areas across the United States, helping individuals offset car ownership costs while promoting more sustainable transportation options.

Skedaddle

Venture Round in 2018
Skedaddle is a flexible mass transportation network that reinvents mobility beyond city limits. They believe travel should no longer be hindered by renting expensive cars, hassling friends for rides, or piecing together public transportation. By pairing crowdsourced route demand with luxurious bus rides, they make affordable, direct, and comfortable travel available to all.

JUMP Bikes

Series A in 2018
JUMP is bike share electrified. They create the hardware and software to take you farther, get there faster, and make every ride fun. JUMP bikes are designed in New York City by people who love bikes and care about the future of their cities. JUMP Bikes has been shaping the future of bike share since 2010. They brought freedom to bike share systems with Social Bicycles, the first ever smart-bikes with integrated GPS, payment systems, and locks that kicked off the dockless revolution. We’ve dropped 15,000 bikes into 40 different markets and clocked over 5 million rides since 2013.

Wheels Up

Private Equity Round in 2017
Wheels Up is a membership-based private aviation company that focuses on reducing the upfront cost to fly privately, providing flexibility, service, and safety. Its mobile app enables members to book flights, manage their accounts, and participate in ride-share opportunities. Its members also have given access to the Wheels Down program. The company was founded in 2013 and headquartered in New York, United States.

Shift

Series C in 2017
Shift Technologies, Inc. operates an online platform that facilitates the buying and selling of new and used cars, offering a range of vehicle types including sedans, SUVs, and trucks. Founded in 2013 and headquartered in San Francisco, California, with additional locations in Los Angeles, San Diego, Sacramento, and Portland, Shift aims to simplify the car purchase experience. The company provides a comprehensive service that includes detailing vehicles, listing them on multiple platforms, managing test drives, and connecting sellers with potential buyers. Customers receive a detailed 150-point concierge report that encompasses vehicle specifications, high-resolution images, and history reports. Shift also offers financing options and additional support services throughout the car ownership lifecycle, making the process more accessible and enjoyable for consumers.

Sidecar

Series C in 2017
Sidecar is an e-commerce marketing company that builds the advanced technology retailers need to optimize cross-channel online shopping campaigns. With a team of data science and e-commerce experts, our state-of-the-art machine learning engine, and a massive volume of data, Sidecar is the magic behind retail's most efficient and powerful online shopping campaigns.

Zagster

Series B in 2017
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.

Zagster

Seed Round in 2014
Zagster is a transportation provider offering turnkey bike-sharing systems. The company designs, builds, and operates private bike-sharing programs for universities, corporate campuses, hotels, and residential communities across the United States. Moreover, Zagster provides customers a complete bike sharing solution - including system design, installation, sharing technology, maintenance, rider support, and marketing services. Zagster was founded in 2007 and headquartered in Cambridge, Massachusetts, United States.