Ford Motor

Ford Motor Company manufactures or distributes automobiles in addition to offering financial services. The company sells to dealerships for retail sale, and for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Ford’s vehicle portfolio includes automobiles, buses, tractors, and trucks. As a result of these financing activities, Ford Motor Credit Company LLC has a portfolio of finance receivables and operating leases which it classifies into two portfolios— ‘consumer’ and ‘non-consumer’. Finance receivables and operating leases in the consumer portfolio include products offered to individuals and businesses that finance the acquisition of its vehicles from dealers for personal and commercial use. Retail financing includes retail installment sale contracts for new and used vehicles, and direct financing leases for new vehicles to retail customers, government entities, daily rental car companies, and fleet customers. Finance receivables in the non-consumer portfolio include products offered to automotive dealers. Ford’s environmental initiatives include compressed natural gas, flexible fuel vehicles, electric drive vehicles, Hydrogen, and PC power management, and so on. Ford Motor Company was founded by Henry Ford in 1903 and is headquartered in Dearborn, Michigan.

Birgit Behrendt

Vice President, Global Programs and Purchasing Operations

36 past transactions

Cavnue

Series A in 2022
Cavnue combines technology and road infrastructure to unlock the full potential of connected and autonomous vehicles. Cavnue is a company founded by Sidewalk Infrastructure Partners (SIP) to build the future of roads. The interstate highway system defined mobility in the second half of the 20th century. Now, transportation in America and around the world is changing again. Mobility in the 21st century will be defined by intelligent, connected, and autonomous vehicles. Cavnue is designing the physical, digital, coordination, and operational infrastructure to accelerate and realize the full potential of connected and autonomous vehicles to make roads safer, less congested, shared, and sustainable. The company is developing a first-of-its-kind connected corridor in Michigan, the birthplace of the automobile and the home of 75% of U.S. automotive R&D investment.

Redwood Materials

Corporate Round in 2021
Redwood Materials, Inc. is a recycling and materials processing company based in Carson City, Nevada, founded in 2017. The company specializes in developing sustainable methods for recycling various metals and materials, particularly from batteries and electronics, to support circular supply chains. Its focus includes lithium, nickel, copper, gold, silver, cobalt, and other critical elements used in electric vehicles, renewable energy storage, and consumer electronics. By providing environmentally sound recycling solutions, Redwood Materials aims to address the increasing demand for battery end-of-life management as the number of electric vehicles rises globally. The company's innovative technology not only recycles waste but also generates essential raw materials, enabling manufacturers to create sustainable products and significantly contributing to the transition towards a circular economy.

Rivian

Private Equity Round in 2021
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.

Electriphi

Acquisition in 2021
Electriphi, Inc. specializes in developing an online fleet and energy management platform aimed at facilitating the transition from conventional to electric vehicle fleets. The company offers a comprehensive suite of tools, including a Fleet Electrification Planning Tool designed for fleet managers and energy utilities. This tool provides detailed analyses of energy costs, infrastructure needs, and environmental impacts tailored to the specific characteristics of various fleets, including electric transit buses, school buses, and delivery vehicles. Electriphi's software employs artificial intelligence and machine learning to optimize fleet operations and energy management, enabling clients to implement managed charging strategies that significantly reduce operational and infrastructure costs. Founded in 2018, Electriphi is headquartered in San Francisco, California, with an additional office in San Jose.

Solid Power

Series B in 2021
Solid Power Inc. is a developer of advanced solid-state rechargeable batteries that eliminate volatile and flammable liquid components. Founded in 2011 and headquartered in Louisville, Colorado, the company focuses on creating energy-dense and safe battery solutions for various applications, including portable electronics, electric vehicles, aircraft, and satellites. Solid Power's technology aims to enhance the performance of battery-powered devices by providing longer run times, improved safety, and reduced costs. As an industry leader in next-generation battery technology, Solid Power is positioned to significantly impact the future of energy storage and transportation.

Solid Power

Series A in 2020
Solid Power Inc. is a developer of advanced solid-state rechargeable batteries that eliminate volatile and flammable liquid components. Founded in 2011 and headquartered in Louisville, Colorado, the company focuses on creating energy-dense and safe battery solutions for various applications, including portable electronics, electric vehicles, aircraft, and satellites. Solid Power's technology aims to enhance the performance of battery-powered devices by providing longer run times, improved safety, and reduced costs. As an industry leader in next-generation battery technology, Solid Power is positioned to significantly impact the future of energy storage and transportation.

Motorq

Series A in 2020
Motorq, LLC, established in 2015 and headquartered in New York, develops a cloud-based interoperability software platform focused on connected vehicle data. The company's technology allows enterprises, including fleets, insurance companies, and government agencies, to access and analyze vehicle data at scale. By offering tools that enhance operational efficiency and service expansion, Motorq aims to support organizations in adapting to the evolving landscape of mobility. The platform is designed to help businesses integrate vehicle data into their strategies, ensuring they remain competitive and innovative in the connected vehicle ecosystem.

Phantom AI

Series A in 2020
Phantom AI, Inc. specializes in developing advanced driver-assistance systems (ADAS) for autonomous vehicles, utilizing artificial intelligence and sensor technology. The company offers several key products, including PhantomVision, a deep learning-based computer vision solution that supports the detection of vehicles, pedestrians, bicyclists, and traffic signals, ensuring compliance with Euro NCAP standards. Additionally, Phantom AI provides PhantomFusion, which integrates data from various sensors such as cameras, radar, and LiDAR to create a comprehensive environmental model. The PhantomDrive solution enhances vehicle control by predicting the motion of detected objects, facilitating safe and natural vehicle movement. Established in 2016 and located in Burlingame, California, Phantom AI aims to democratize access to ADAS technology, ultimately contributing to safer driving experiences and the advancement of self-driving capabilities at competitive prices for OEMs and Tier 1 suppliers.

Rivian

Private Equity Round in 2019
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.

One Stop Wellness

Grant in 2019
Developer of a wellness platform designed to engage employees with simple, mental, and physical well-being activities. The company's platform offers wellness programs through customized on-demand classes, innovative technology, and actionable analytics, enabling organizations to redefine employee engagement and performance through recognition, meaningful interaction, and lifestyle-based interventions.

Cellink

Series B in 2019
CelLink Corporation is an innovative company based in Belmont, California, specializing in the development of flexible conductive backplanes and circuits designed for power electronics. Founded in 2012, the company focuses on applications that include batteries, light-emitting diodes, wire harnessing, and solar cells, among other devices that necessitate effective power transmission. By creating advanced backplane solutions, CelLink aims to enhance efficiency and performance across various electronic applications.

Quantum Signal

Acquisition in 2019
Quantum Signal LLC is an engineering company based in Saline, Michigan, founded in 1999. It specializes in product design, consulting, research, and development services, with a strong emphasis on algorithmic techniques for intelligent sensing, data analysis, and visualization. The company is known for its work in mobile robotics and autonomous systems, serving various industries such as defense, automotive, consumer products, and manufacturing. Additionally, Quantum Signal provides modeling and simulation solutions, including interactive tools for engineering and training applications. As a subsidiary of Ford Motor Company since July 2019, the firm is dedicated to creating innovative technologies and solutions that address complex challenges across multiple sectors.

Rivian

Corporate Round in 2019
Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.

SAIPS

Corporate Round in 2018
SAIPS specializes in the design, development, and implementation of algorithmic engines that leverage deep learning and reinforcement learning technologies. The company's portfolio features five algorithmic suites that address various computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence. By consistently delivering innovative and cost-effective solutions, SAIPS assists its clients in overcoming significant technological and business obstacles. Its clientele spans multiple industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers are alumni of elite IDF units, bringing over a decade of experience in developing and managing complex algorithmic systems. This expertise positions SAIPS as a reliable partner for organizations seeking high-quality algorithmic solutions.

Desktop Metal

Series D in 2018
Desktop Metal, Inc. specializes in additive manufacturing solutions tailored for engineers, designers, and manufacturers across various industries, including automotive, aerospace, healthcare, and consumer products. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers several products, such as the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System for office environments, and Fiber, a desktop 3D printer. By focusing on the entire production process from prototyping to mass production, Desktop Metal aims to transform how metal parts are designed and manufactured. The company has secured significant equity funding from notable investors, which has helped build a team of experts in materials science, hardware and software engineering, and design.

Zoomcar

Series C in 2018
Zoomcar India Private Ltd. is a prominent self-drive car rental service based in Bengaluru, India. Founded in 2012, the company offers a wide range of vehicles, including SUVs, luxury cars, electric cars, and sedans, available for rent by the hour, day, week, or month. Zoomcar operates an online platform that allows customers to easily book cars using their mobile phones, providing a hassle-free rental experience. With approximately 21,000 vehicles registered on its platform, Zoomcar primarily generates revenue from short-term self-drive rentals and vehicle subscriptions, with the majority of its business concentrated in India. The company also has a strategic partnership with Godrej Consumer Products Limited and has expanded its operations to several countries, including Egypt, Indonesia, Vietnam, and the Philippines.

Mcity

Venture Round in 2017
Mcity, the autonomous vehicle research center on the University of Michigan campus.Mcity is the only advanced mobility R&D center that combines early-stage research, testing in a real-world environment, and on-road vehicle deployments to further prove new technologies.

AutoFi

Series A in 2017
AutoFi, Inc. operates an online auto finance platform that simplifies the process of applying for and securing auto loans. Founded in 2015 and based in San Francisco, California, AutoFi provides a seamless user experience for consumers looking to purchase and finance vehicles entirely online. The platform connects car buyers with authorized dealerships and a network of lenders, allowing for an automated application and approval process. Key features include the ability to select financing and lease terms, estimate trade-in values, choose rebates, and schedule appointments—all designed to enhance the car buying experience. By offering instant, customizable financing decisions, AutoFi enables customers to complete their vehicle purchases in a straightforward and efficient manner.

Breeze

Acquisition in 2017
Breeze Labs, Inc. is an online platform that allows users to earn income through on-demand car services. Founded in 2013 and based in San Francisco, the company initially focused on providing fleet management technology to modernize car ownership, making it more flexible and accessible. Although Breeze launched its services in 2014 and expanded its operations to several major cities, including Los Angeles, Seattle, Chicago, Washington, and Boston, it suspended operations as of July 2016 and is no longer accepting new customers for its leasing platform.

Argo AI

Funding Round in 2017
Argo AI, LLC is an artificial intelligence company that specializes in developing robotics and AI solutions for self-driving vehicles. Founded in 2016 and based in Harrisburg, Pennsylvania, with additional locations in Pittsburgh, Southeast Michigan, and the Bay Area, the company aims to create a fully integrated self-driving system that can be manufactured at scale for safe deployment in ride-sharing and goods delivery services. Argo AI develops a comprehensive suite of software, hardware, maps, and cloud-support infrastructure designed to enhance the safety and reliability of autonomous driving technology. Additionally, the company offers Ground Truth, a storytelling platform that provides insights into the development of its autonomous driving innovations. As a subsidiary of Ford Motor Company, Argo AI collaborates with leading automakers to advance the future of mobility.

SAIPS

Acquisition in 2016
SAIPS specializes in the design, development, and implementation of algorithmic engines that leverage deep learning and reinforcement learning technologies. The company's portfolio features five algorithmic suites that address various computer vision challenges, including detection, tracking, image enhancement, segmentation, and video intelligence. By consistently delivering innovative and cost-effective solutions, SAIPS assists its clients in overcoming significant technological and business obstacles. Its clientele spans multiple industries, including aerospace, medical, semiconductors, mobile, sports, gaming, and retail. The majority of SAIPS engineers are alumni of elite IDF units, bringing over a decade of experience in developing and managing complex algorithmic systems. This expertise positions SAIPS as a reliable partner for organizations seeking high-quality algorithmic solutions.

Velodyne LiDAR

Corporate Round in 2016
Velodyne LiDAR is a technology company based in Morgan Hill, California, specializing in the development and manufacturing of high-performance LiDAR sensors. Founded by David Hall in 2007, the company has established itself as a leader in providing 3D real-time perception systems for various commercial applications. Its innovative products serve a diverse range of industries, including autonomous vehicles, advanced driver assistance systems, robotics, unmanned aerial vehicles, smart cities, and security. Velodyne LiDAR's technology emphasizes safety, efficiency, and sustainability, enabling industries to enhance mobility and improve community living through advanced sensor solutions. The company is recognized for its broad portfolio of technologies and software, which offer flexibility and performance tailored to meet specific industry needs.

Civil Maps

Seed Round in 2016
Civil Maps, a geospatial technology company, provides artificial intelligence based mapping solutions that enables computers to interpret and act on the physical world. The company operates as an on-demand perception and actuation technology company. It serves heavy-industry and governmental customers; Fortune 100 clients; and customers in electrical utilities, oil and gas, solar, telecommunications, transportation, rail, forestry, and more markets. The company is based in Berkeley, California.

Pivotal

Series C in 2016
Pivotal Software, Inc. is a software company that specializes in cloud-native application platforms and services, headquartered in San Francisco, California. Established in 2013, Pivotal offers the Pivotal Cloud Foundry (PCF), which simplifies the development, deployment, and operation of cloud-native applications, thus fostering digital transformation for businesses. The company also provides strategic services through Pivotal Labs, which has extensive experience in agile development and has collaborated with a variety of industry leaders to launch numerous web and mobile products. Pivotal's technology supports millions of developers globally, enhancing software innovation for a wide range of clients. As of late 2019, Pivotal operates as a subsidiary of VMware, Inc.

Livio Radio

Acquisition in 2013
Myine Electronics, LLC, doing business as Livio Radio, designs and manufactures electronic audio products. Its products include Bluetooth Internet radio car kits for iPhones and Android phones, and car audio players. The company also provides Livio Connect API, a middleware framework protocol that enables hardware to connect to and interact with various mobile phone applications. It offers its products through retailers, resellers, and online. Myine Electronics, LLC was formerly known as Myine Corporation. The company was founded in 2008 and is based in Ferndale, Michigan.

iBiquity Digital

Private Equity Round in 2009
iBiquity Digital is a company that develops and licenses digital HD Radio technology for AM and FM audio and data broadcasting both in the United States and internationally. The technology enables digital radio signals to coexist on the same airwaves as traditional analog broadcasts. Additionally, the company offers products such as the Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users, which allows access to HD Radio FM broadcasts. Founded in 1991 and originally known as USA Digital Radio, iBiquity Digital is headquartered in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey, and Pontiac, Michigan.

Automobile Craiova

Acquisition in 2008
An automobile manufacturer located in Craiova, Romania.

Zebra Imaging

Series C in 2006
Zebra Imaging was founded in 1996 by graduates of the Massachusetts Institute of Technology's Media Laboratory. The mission of the company was established at that time: to develop and provide the best technologies and products for three-dimensional visual communications. With initial and continuing support from investors, the company has succeeded in producing and delivering the most innovative holographic products and technology in the world.

Telcontar

Series B in 2005
Telcontar is a worldwide provider of total location-based solutions for in-vehicle, Internet and wireless platforms. Using the Telcontar premier spatial software platform, our patented automated user notification technology and carefully chosen industry partners, Telcontar can help its customers provide complete, real-time, highly scalable solutions for navigation, mobile safety, security and convenience. Our customers include Yahoo!, Rand McNally, ATX technologies, Criticom International, Satronics and Hutchison 3G.

eRoom Technology

Private Equity Round in 2000
eRoom Technology provides internet-based software applications and services that enable organizations to collaborate with their enterprises of employees, customers, suppliers, and other partners. The company’s software is used for a variety of projects, including designing and developing products, bringing new products to the market, establishing and coordinating activities across the supply chain, coordinating sales and support efforts, and managing consulting engagements from proposals through completion. eRoom Technology was founded in 1996 and is headquartered at Cambridge, Massachusetts, United States.

Plumtree Software

Venture Round in 2000
Plumtree Software specializes in developing and marketing software products designed for the deployment of web applications. The company's flagship offering, the Enterprise Web Suite, encompasses a range of technologies, including portal, content management, collaboration, integration, and search functionalities. The Corporate Portal serves as a foundational framework for applications, fostering virtual community workspaces and integrating them into a unified web environment. Additionally, the Collaboration Server enhances teamwork by enabling project management, document sharing, and community discussions, while the Content Server facilitates the publication and management of web content. Plumtree's Search Server indexes diverse content, making it easily searchable, and the Studio Server provides tools for non-coders to create application components. The company also offers integration technologies that connect its portal to enterprise systems and provides various development, administration, deployment, and support services. Plumtree Software markets its products through a direct sales force and various partners across multiple regions, including North America, Europe, and Asia Pacific. Founded in 1996 and headquartered in San Francisco, Plumtree Software operates as a subsidiary of Oracle Corporation.

AvantGo

Venture Round in 2000
AvantGo, Inc. provides software and services that enable and enhance the use of Internet-based content and corporate intranets to mobile devices, including personal digital assistants and Internet-enabled phones. The company licenses its AvantGo M-Business Server products and AvantGo mobile applications products to help its customers provide their employees, customers, suppliers, and business affiliates with easy access to business information. The AvantGo Mobile Internet service allows individuals to access Internet-based content and applications, and gives content providers and other businesses a new medium for reaching and interacting with new and existing customers. In February 2002, AvantGo was chosen by Microsoft for the participation in the Microsoft Mobility Partner Advisory Council. AvantGo provides solutions for the Microsoft Windows Powered Pocket PC 2002.

carClub

Venture Round in 2000
At carclub.com, Their mission is to provide automotive consumers with the best car owning experience they will ever have. We're committed to building their business based on what customers want and how they like to be treated. Whether by web or by phone, they aim to offer comprehensive selection, unprecedented savings, and state of the art service.

Volvo

Acquisition in 1999
Volvo operates through two main divisions: the Volvo Group and Volvo Cars. The Volvo Group manufactures and sells trucks, buses, construction equipment, and marine and industrial engines across various regions including Europe, North America, and Asia. It offers products under multiple brands such as Volvo, UD Trucks, and Mack, and provides comprehensive services including financing, maintenance, and spare parts through a wide network of dealerships. Founded in 1915 and headquartered in Gothenburg, Sweden, the Volvo Group is a significant player in the transportation and construction sectors. On the other hand, Volvo Cars, a subsidiary of Geely Holdings, designs and sells premium passenger vehicles, including sedans, SUVs, and wagons, emphasizing Scandinavian design and innovation. Established in 1927, Volvo Cars operates globally, with major markets in the United States, China, and Europe. The company is committed to sustainability and advancing electric mobility solutions. Together, these divisions illustrate Volvo's extensive reach and dedication to quality, innovation, and environmental responsibility in the automotive and transport industries.

Jaguar Land Rover

Acquisition in 1989
Jaguar Cars is a brand of Jaguar Land Rover, a British multinational car manufacturer headquartered in Whitley, Coventry, England. Its website, Jaguar.com, directs users to pages tailored to country-specific markets and model-specific websites. The website features information about various car models, including Jaguar Range, XE Models, XF Models, XJ Models, F-TYPE, Models, F-PACE, R-Performance, and Concept Cars. It also enables them to book a test drive. Download brochures, find offers, calculate taxes, and more.

Lincoln Motor

Acquisition in 1922
The Lincoln Motor Company, a division of Ford Motor Company, is a luxury vehicle manufacturer based in Dearborn, Michigan. Established in 1917 by Henry M. Leland, Lincoln specializes in producing high-end vehicles, particularly luxury SUVs and plug-in hybrid electric vehicles. The brand is known for its commitment to craftsmanship, innovative technology, and a focus on providing a premium driving experience.
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