DropCar

DropCar provides a cloud-based platform and mobile application aimed at alleviating the challenges of car ownership and management in urban environments. By integrating cloud computing, machine learning, and connected vehicle technology with the services of trained valets, DropCar offers a streamlined solution for moving vehicles to and from secure garages. This service is designed for both consumers and automotive-related businesses, allowing them to easily access valet parking services and manage parking logistics. Additionally, DropCar's subscription-based model facilitates automated billing, which helps dealerships, fleet owners, and shared mobility companies enhance efficiency and improve customer relationships while reducing overall costs.

David Newman

Co-Founder

1 past transactions

AYRO

Acquisition in 2020
AYRO, Inc. is a designer and manufacturer of light-duty, emissions-free electric vehicles tailored for urban transport, local delivery, closed campus mobility, and government applications. Founded in 2017 and based in Round Rock, Texas, the company offers a range of vehicles including the AYRO 311, a three-wheeled model suitable for both professional and personal use, and the Club Car 411, designed for low-speed logistics and cargo transport. Additionally, AYRO is developing the AYRO 511, a four-wheel drive concept vehicle. The company focuses on creating compact and sustainable solutions for modern transportation needs, addressing the demand for environmentally friendly mobility options.
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