Fontinalis Partners

Fontinalis Partners, LLC is a private equity and venture capital firm founded in 2009, with offices in Detroit and Boston. It specializes in stage-agnostic investments, ranging from seed-stage to pre-IPO opportunities, primarily in technology companies related to next-generation mobility. The firm targets various sectors, including connected vehicles, data analytics, intelligent infrastructure, location-based services, and smart logistics, as well as consumer and enterprise technology such as software-as-a-service (SaaS) and cloud-based solutions. Fontinalis Partners aims to invest across the entire mobility ecosystem, encompassing diverse transportation modes including road, rail, air, and maritime. Investment sizes typically range from $3 million to over $10 million, with a preference for taking board seats in portfolio companies. The firm leverages its management experience and strategic relationships to support the growth of innovative mobility solutions.

Ralph Booth

Founder and Managing Partner

Mei-Wei Cheng

Venture Partner

Gabe Cunningham

Partner

Amy Dai

Associate

Kyle Messman

Venture Partner

Laura Petterle

Managing Partner and CFO

Dan Ratliff

Partner

Mark Schulz

Founder and Venture Partner

Jake Simon

Associate

Past deals in Michigan

Karamba Security

Series B in 2021
Karamba Security Ltd. develops security software specifically designed for connected vehicles, focusing on safeguarding the internal systems that control car operations. The company's primary offering, Electronic Control Units Endpoint Security, provides solutions for dropper detection and malware prevention, thereby protecting connected cars from cyber threats. This technology fortifies the externally connected controllers within automobiles, which manage telematics, infotainment, and on-board diagnostics, ensuring that only valid code and behaviors are permitted to run. By maintaining the integrity of the vehicle's Controller Area Network (CAN Bus), Karamba's solutions help prevent unauthorized access and attacks. Founded in 2015 and headquartered in Bloomfield Hills, Michigan, the company serves automotive manufacturers and Tier-1 system providers. In addition to automotive applications, Karamba's patented software is applicable to various connected devices and systems, including Industry 4.0 controllers and IoT endpoints, functioning automatically with minimal performance impact.

Sweet

Seed Round in 2017
Sweet is a service designed to help individuals reduce their mobile phone bills without compromising on coverage quality. The company identifies instances where users are overpaying for wireless services, with customers saving an average of over $300 annually. The sign-up process is quick and straightforward, allowing users to engage with the service in just seconds. Sweet manages interactions with mobile carriers on behalf of its customers, minimizing the effort required on their part. The company prioritizes user privacy and security, employing advanced encryption technology to protect personal information. Offering nationwide coverage, Sweet collaborates with major carriers to ensure reliable service and fast connection speeds. The company is supported by experienced entrepreneurs from reputable organizations, enhancing its credibility and operational capacity.

FreshCar

Funding Round in 2017
Carma offers a software platform for vehicle subscriptions.

Karamba Security

Series B in 2017
Karamba Security Ltd. develops security software specifically designed for connected vehicles, focusing on safeguarding the internal systems that control car operations. The company's primary offering, Electronic Control Units Endpoint Security, provides solutions for dropper detection and malware prevention, thereby protecting connected cars from cyber threats. This technology fortifies the externally connected controllers within automobiles, which manage telematics, infotainment, and on-board diagnostics, ensuring that only valid code and behaviors are permitted to run. By maintaining the integrity of the vehicle's Controller Area Network (CAN Bus), Karamba's solutions help prevent unauthorized access and attacks. Founded in 2015 and headquartered in Bloomfield Hills, Michigan, the company serves automotive manufacturers and Tier-1 system providers. In addition to automotive applications, Karamba's patented software is applicable to various connected devices and systems, including Industry 4.0 controllers and IoT endpoints, functioning automatically with minimal performance impact.

Karamba Security

Series A in 2016
Karamba Security Ltd. develops security software specifically designed for connected vehicles, focusing on safeguarding the internal systems that control car operations. The company's primary offering, Electronic Control Units Endpoint Security, provides solutions for dropper detection and malware prevention, thereby protecting connected cars from cyber threats. This technology fortifies the externally connected controllers within automobiles, which manage telematics, infotainment, and on-board diagnostics, ensuring that only valid code and behaviors are permitted to run. By maintaining the integrity of the vehicle's Controller Area Network (CAN Bus), Karamba's solutions help prevent unauthorized access and attacks. Founded in 2015 and headquartered in Bloomfield Hills, Michigan, the company serves automotive manufacturers and Tier-1 system providers. In addition to automotive applications, Karamba's patented software is applicable to various connected devices and systems, including Industry 4.0 controllers and IoT endpoints, functioning automatically with minimal performance impact.

GoKid

Seed Round in 2016
GoKid Corporation develops mobile applications for carpooling for schools, teams, and active families in the United States. The company’s products include GoKid Carpool, an app that facilitates organization and management of carpools; GoKid Connect, a mobility software that connects schools and parents through a web portal and GoKid mobile app; and GoKid for Parents, an app for family carpooling. Its application allows parents to schedule and manage carpools with their trusted network of friends, families, and neighbors; and includes GPS-based tracking of cars, live mapping functionality, in-app texting, and automatic alerts. The company’s application can be accessed through smartphones and desktop. GoKid Corporation was incorporated in 2015 and is based in New York, New York with an additional office in Detroit, Michigan.

Sweet

Seed Round in 2015
Sweet is a service designed to help individuals reduce their mobile phone bills without compromising on coverage quality. The company identifies instances where users are overpaying for wireless services, with customers saving an average of over $300 annually. The sign-up process is quick and straightforward, allowing users to engage with the service in just seconds. Sweet manages interactions with mobile carriers on behalf of its customers, minimizing the effort required on their part. The company prioritizes user privacy and security, employing advanced encryption technology to protect personal information. Offering nationwide coverage, Sweet collaborates with major carriers to ensure reliable service and fast connection speeds. The company is supported by experienced entrepreneurs from reputable organizations, enhancing its credibility and operational capacity.

Service

Angel Round in 2015
Home Service Concierge platform designed to help Service Pros and Consumers Search, Match, Chat, Hire and Pay.

Elegus Technologies

Convertible Note in 2015
Elegus Technologies, Inc. is a company focused on developing and commercializing advanced separator membranes made from nanoscale fibers for energy storage solutions. Based in Detroit, Michigan, and incorporated in 2014, the company addresses the increasing demand for higher energy densities in lithium-ion batteries, as well as in lithium-sulfur and lithium-air batteries. Elegus's innovative separator technology, which originated from extensive research at the University of Michigan, aims to enhance energy density while ensuring safety, effectively tackling issues such as dendrite growth and thickness constraints. As the battery industry evolves, Elegus Technologies seeks to provide high-performance separator materials that meet the challenges of various battery chemistries and applications.

Sweet

Seed Round in 2015
Sweet is a service designed to help individuals reduce their mobile phone bills without compromising on coverage quality. The company identifies instances where users are overpaying for wireless services, with customers saving an average of over $300 annually. The sign-up process is quick and straightforward, allowing users to engage with the service in just seconds. Sweet manages interactions with mobile carriers on behalf of its customers, minimizing the effort required on their part. The company prioritizes user privacy and security, employing advanced encryption technology to protect personal information. Offering nationwide coverage, Sweet collaborates with major carriers to ensure reliable service and fast connection speeds. The company is supported by experienced entrepreneurs from reputable organizations, enhancing its credibility and operational capacity.

DriveShare

Seed Round in 2015
DriveShare brings the “sharing economy” into the car enthusiast’s garage. Classic and exotic car enthusiasts can now offset their car ownership costs by renting their cars to pre-screened, highly qualified renters. Every rental includes up to $1 million in insurance protection and access to the most comprehensive full-service roadside program designed specifically for classic and exotic cars. Whether a person is looking for a 1956 Chevrolet BelAir for a night out on the town or a 1979 Ferrari 308 for a drive down the coast, Classics&Exotics is looking to connect owners with renters and is free to join with no costly membership fees. The mission of Classics&Exotics is “To make these amazing vehicles available to the masses"
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