FM Capital

Indigo Technologies, Inc. is a Cambridge, Massachusetts-based company that specializes in manufacturing in-wheel motors and other automotive components. Founded in 2010, Indigo Technologies focuses on transforming the transportation industry by developing innovative solutions for high-value applications such as last-mile delivery, ride-hailing, and essential services. The company’s unique robotic wheel technology integrates all-electric light utility vehicles with advanced road-sensing capabilities, offering an affordable, efficient, and sustainable option for fleet operators. By addressing the growing challenges in transportation and resource management, Indigo Technologies aims to drive advancements in automotive technology and energy, helping vehicle manufacturers meet evolving market demands and enhance safety and efficiency.

EvenFlow AI specializes in automated scheduling software tailored for auto dealerships. The company's innovative platform leverages artificial intelligence to align service capacity with customer demand, allowing for dynamic pricing and enhanced scheduling efficiency. By optimizing service appointments, EvenFlow AI enables dealerships to increase their service profits by up to 10% while improving control over their appointment flow. The software also facilitates effective customer check-in processes and provides access to revenue management techniques, further enhancing profitability for its clients.

Outrider, Inc. is a software company specializing in the automation of logistics hubs through the use of electric, self-driving trucks. Founded in 2017 and based in Golden, Colorado, the company provides a software-as-a-service solution tailored for customer-owned fully and semi-autonomous freight and transportation fleets. Outrider's innovative system comprises web-based management software, autonomous driving controls for electric yard trucks, and essential site infrastructure. The autonomous vehicles are equipped with advanced sensor technology, including radar, lidar, and cameras, enabling them to automate various yard operations such as the movement of trailers, engaging and unhooking trailers, and monitoring trailer locations. The company's focus is on enhancing safety and efficiency for large enterprises by replacing hazardous and repetitive manual tasks with automated processes, thereby driving the adoption of sustainable freight transportation.

AutoComplete, Inc. is an insurance-technology company headquartered in San Francisco, California. It focuses on integrating artificial intelligence at the point of sale, specifically targeting the substantial car insurance market valued at $311 billion. The company has developed an AI-driven platform that simplifies the process of obtaining auto protection, aiming to enhance the user experience by minimizing effort in securing automotive insurance. Through its innovative software, AutoComplete seeks to provide efficient solutions that redefine how consumers engage with auto insurance services.

Element Energy is a startup focused on enhancing the performance, longevity, reliability, and cost-effectiveness of large battery packs utilized across various applications, including stationary and renewable energy storage, as well as hybrid and electric vehicles. The company has developed a battery management system that improves the safety, energy throughput, and lifecycle of lithium-ion battery packs. This system enables the cost-effective repurposing of retired electric vehicle batteries into efficient grid-scale energy storage solutions. By facilitating this process, Element Energy supports the integration of renewable energy sources and maximizes the total energy capacity of battery packs, contributing to advancements in energy storage technology.

Orbee is a company that specializes in providing digital marketing analytics, data, and automation solutions tailored for the automotive industry. Its platform serves both franchise and independent dealers, as well as large dealership groups, enabling them to make informed decisions based on comprehensive analytics of their marketing campaigns, inventory, and consumer experiences. By leveraging first-party data from their websites and integrated partners, Orbee helps clients create detailed buyer profiles and automates personalized messaging across various marketing channels, including search, display, social media, email, and video. The company collaborates with dealer-centric media agencies and service providers to enhance the reach and effectiveness of its technologies. Orbee's core offerings include a proprietary data collection and processing system, a suite of dashboards and APIs, and tools for managing marketing campaigns and creative content.

pH7 is a cleantech company focused on the sustainable extraction and refining of strategic metals essential for the transition to renewable energy. The firm has developed an innovative process to extract platinum group metals (PGMs) from both primary and secondary resources, including waste materials. This process operates on-site at locations such as mines, scrap yards, and recycling facilities, utilizing green, biodegradable, and recyclable solvents instead of traditional smelting methods. By employing a closed-loop system, pH7's approach minimizes waste generation and eliminates toxic off-gassing, thereby addressing key operational challenges faced by chemical factories while promoting environmental sustainability.

WarrCloud is a technology and service provider focused on improving the management of automotive warranties for dealerships. The company offers a platform that streamlines warranty claims administration, helping to minimize processing costs while enhancing profitability for service departments. By outsourcing back-office functions, WarrCloud transforms fixed expenses into a more manageable variable cost that adjusts to the specific warranty needs of dealerships. The company collaborates with dealership management system providers, warranty claims handlers, independent claim processors, and dealer groups to boost efficiency and reduce operational costs in the warranty process.

Outrider, Inc. is a software company specializing in the automation of logistics hubs through the use of electric, self-driving trucks. Founded in 2017 and based in Golden, Colorado, the company provides a software-as-a-service solution tailored for customer-owned fully and semi-autonomous freight and transportation fleets. Outrider's innovative system comprises web-based management software, autonomous driving controls for electric yard trucks, and essential site infrastructure. The autonomous vehicles are equipped with advanced sensor technology, including radar, lidar, and cameras, enabling them to automate various yard operations such as the movement of trailers, engaging and unhooking trailers, and monitoring trailer locations. The company's focus is on enhancing safety and efficiency for large enterprises by replacing hazardous and repetitive manual tasks with automated processes, thereby driving the adoption of sustainable freight transportation.

Privacy4Cars is a technology company that specializes in addressing data privacy issues within the automotive sector. It offers a software-as-a-service (SaaS) platform that enables users to securely delete personal information such as phonebooks, call logs, text messages, and navigation history from vehicles. This service is designed for individuals, wholesalers, dealers, and financial institutions, allowing them to efficiently clear personal data while maintaining compliance records. By providing a traceable method for deleting sensitive information, Privacy4Cars helps to navigate the complexities of data privacy in connected vehicles, enhancing transparency and user confidence in the automotive ecosystem.

Swift Navigation, Inc. is a technology company specializing in high-precision global positioning system (GPS) and global navigation satellite system (GNSS) solutions. Founded in 2012 and headquartered in San Francisco, California, with an additional location in Melbourne, Australia, the company aims to make accurate positioning technology more accessible and affordable. Swift Navigation offers a range of products, including the Piksi Multi GNSS Module and the ruggedized Duro Receiver, both providing centimeter-level accuracy through real-time kinematics (RTK) technology. Their offerings also include the Skylark cloud corrections service and the Starling GNSS positioning engine, which cater to various sectors such as automotive, agriculture, robotics, and unmanned aerial vehicles (UAVs). The company is recognized for defining a new category of low-cost, high-accuracy GNSS systems, delivering significantly better performance than conventional GPS systems. Swift Navigation's innovative solutions have been acknowledged by prestigious lists, reflecting its role in transforming industries through automation and enhanced navigation capabilities.

Invisible AI Inc. is a company specializing in artificial intelligence-driven visual intelligence solutions for logistics and manufacturing sectors. Founded in 2018 and headquartered in San Francisco, it develops low-cost, low-bandwidth cameras that monitor operations in real-time at various workstations. These smart cameras capture human motion, enabling the analysis of workforce movements to identify and mitigate manual assembly errors, thereby improving quality, productivity, and safety. Invisible AI provides a web dashboard that integrates and visualizes data, offering clients valuable insights to optimize workflows and ensure operational processes are executed correctly and safely. With its edge-based system, the company aims to enhance operational efficiency and reduce manufacturing costs for its clients.

Motorq, LLC is a technology company that specializes in developing a cloud-based interoperability software platform for accessing connected vehicle data and analytics. Founded in 2015 and headquartered in the San Francisco Bay Area, Motorq serves a diverse range of enterprises, including fleets, insurance companies, and government organizations. The company’s platform utilizes machine learning to integrate and analyze data from various advanced connected-car systems, facilitating collaboration between original equipment manufacturers (OEMs) and device makers. By providing actionable insights and enabling data normalization and processing, Motorq empowers its clients to enhance operations and expand their service offerings in the evolving mobility landscape.

Superpedestrian, Inc. is a robotics company based in Cambridge, Massachusetts, specializing in the development of lightweight electric vehicles designed for eco-friendly transportation. Founded in 2012, the company focuses on enhancing the cycling experience through innovative technology. Its flagship product, the Copenhagen Wheel, integrates an online platform that provides valuable data related to cycling safety and wellness. The Copenhagen Wheel is now in mass production and is sold through various retailers and online channels. The company's bikes are equipped with advanced vehicle intelligence that can detect potential malfunctions, assess issues, and implement appropriate responses to prevent damage and ensure rider safety, thereby promoting a comfortable cycling experience.

Superpedestrian, Inc. is a robotics company based in Cambridge, Massachusetts, specializing in the development of lightweight electric vehicles designed for eco-friendly transportation. Founded in 2012, the company focuses on enhancing the cycling experience through innovative technology. Its flagship product, the Copenhagen Wheel, integrates an online platform that provides valuable data related to cycling safety and wellness. The Copenhagen Wheel is now in mass production and is sold through various retailers and online channels. The company's bikes are equipped with advanced vehicle intelligence that can detect potential malfunctions, assess issues, and implement appropriate responses to prevent damage and ensure rider safety, thereby promoting a comfortable cycling experience.

Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at B2B short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive technology. Gatik's software is designed to facilitate SAE Level 4 autonomy for commercial vehicles, specifically Class 3 to Class 7 trucks and vans. This technology is tailored for middle-mile logistics, allowing customers to efficiently meet scheduled delivery requirements.

Privacy4Cars is a technology company that specializes in addressing data privacy issues within the automotive sector. It offers a software-as-a-service (SaaS) platform that enables users to securely delete personal information such as phonebooks, call logs, text messages, and navigation history from vehicles. This service is designed for individuals, wholesalers, dealers, and financial institutions, allowing them to efficiently clear personal data while maintaining compliance records. By providing a traceable method for deleting sensitive information, Privacy4Cars helps to navigate the complexities of data privacy in connected vehicles, enhancing transparency and user confidence in the automotive ecosystem.

Car Capital Technologies is a SaaS provider empowering automotive dealerships with advanced technology solutions, including automotive lead generation, digital finance management (F&I), and comprehensive portfolio servicing. Its platforms streamline dealership operations, simplify consumer transactions, and enhance compliance and efficiency through industry-leading innovation. The company was founded in 2020 and is headquartered in Grapevine, Texas.

Ravin AI Limited is a London-based company that specializes in developing an artificial intelligence-driven platform for vehicle inspection and monitoring. Founded in 2018, the company offers software solutions for fleet tracking, insurance claim processing, and generating used car condition reports. Ravin AI's technology utilizes computer vision and machine learning to inspect vehicles via standard mobile or stationary cameras, allowing for accurate damage detection and analysis without the need for specialized hardware. This innovative approach helps clients in the car rental, leasing, and insurance sectors enhance trust and efficiency while reducing inspection costs. Overall, Ravin AI aims to streamline vehicle inspections and improve processes for fleet owners, insurance claim processors, and used car sales companies.

Motorq, LLC is a technology company that specializes in developing a cloud-based interoperability software platform for accessing connected vehicle data and analytics. Founded in 2015 and headquartered in the San Francisco Bay Area, Motorq serves a diverse range of enterprises, including fleets, insurance companies, and government organizations. The company’s platform utilizes machine learning to integrate and analyze data from various advanced connected-car systems, facilitating collaboration between original equipment manufacturers (OEMs) and device makers. By providing actionable insights and enabling data normalization and processing, Motorq empowers its clients to enhance operations and expand their service offerings in the evolving mobility landscape.

Lunewave Inc. is a manufacturer based in Tucson, Arizona, specializing in Luneburg lens-based antennas and automotive radar sensor systems. Founded in 2017, the company serves various sectors, including telecommunications, aerospace and defense, automotive, and specialized research. Lunewave develops advanced, three-dimensional printed Luneburg lens antennas and radar systems tailored for applications in autonomous driving, wireless communications, and drone technology. Its products feature custom-made antennas available in various sizes and operating frequencies, designed to meet specific customer needs. The sensors are characterized by their compact, robust design, offering high resolution, all-directional fields of view, and long detection ranges.

Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at B2B short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive technology. Gatik's software is designed to facilitate SAE Level 4 autonomy for commercial vehicles, specifically Class 3 to Class 7 trucks and vans. This technology is tailored for middle-mile logistics, allowing customers to efficiently meet scheduled delivery requirements.

Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, focused on developing technologies that promote efficient, sustainable, and equitable mobility systems. As a spinoff from the Massachusetts Institute of Technology, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and Mobility-on-Demand Systems. Optimus Ride specializes in creating self-driving technology systems tailored for geofenced environments, utilizing innovations in complex sensor fusion, mapping, computer vision, and machine learning. The company's expertise is further enhanced by a team with extensive industrial and entrepreneurial experience in manufacturing robots, urban design, and shared vehicle fleet management, allowing it to offer versatile transportation solutions that range from commercial vessel operations to transit options.

What3words is a technology company that has developed a unique geocoding system aimed at enhancing location accuracy for various applications, particularly in logistics. The company has divided the globe into a grid of 3m x 3m squares, each assigned a distinct address composed of three simple words. This innovative approach allows users to identify specific locations—such as delivery points or recreational areas—without ambiguity. What3words can be accessed via a free mobile app or an online map, and its functionality can be seamlessly integrated into other applications, platforms, or websites with minimal coding. The service not only improves operational efficiency for businesses worldwide but also supports social and economic development, particularly in emerging markets.

GuardKnox is an automotive technology company that specializes in developing high-performance, secure, and customizable solutions for software-defined vehicles. Founded in 2016 and headquartered in Israel, with additional offices in Munich, Germany, and Detroit, Michigan, GuardKnox focuses on providing scalable technologies that enhance vehicle connectivity. The company's platform enables consumers to personalize their vehicle's performance and in-vehicle experience through its advanced firmware and software components, which are designed for high-speed and low-latency operation. By prioritizing secure-by-design practices, GuardKnox aims to assist clients in efficiently bringing innovative applications and services to market, ultimately improving the overall mobility experience.

Ravin AI Limited is a London-based company that specializes in developing an artificial intelligence-driven platform for vehicle inspection and monitoring. Founded in 2018, the company offers software solutions for fleet tracking, insurance claim processing, and generating used car condition reports. Ravin AI's technology utilizes computer vision and machine learning to inspect vehicles via standard mobile or stationary cameras, allowing for accurate damage detection and analysis without the need for specialized hardware. This innovative approach helps clients in the car rental, leasing, and insurance sectors enhance trust and efficiency while reducing inspection costs. Overall, Ravin AI aims to streamline vehicle inspections and improve processes for fleet owners, insurance claim processors, and used car sales companies.

What3words is a technology company that has developed a unique geocoding system aimed at enhancing location accuracy for various applications, particularly in logistics. The company has divided the globe into a grid of 3m x 3m squares, each assigned a distinct address composed of three simple words. This innovative approach allows users to identify specific locations—such as delivery points or recreational areas—without ambiguity. What3words can be accessed via a free mobile app or an online map, and its functionality can be seamlessly integrated into other applications, platforms, or websites with minimal coding. The service not only improves operational efficiency for businesses worldwide but also supports social and economic development, particularly in emerging markets.

Outrider, Inc. is a software company specializing in the automation of logistics hubs through the use of electric, self-driving trucks. Founded in 2017 and based in Golden, Colorado, the company provides a software-as-a-service solution tailored for customer-owned fully and semi-autonomous freight and transportation fleets. Outrider's innovative system comprises web-based management software, autonomous driving controls for electric yard trucks, and essential site infrastructure. The autonomous vehicles are equipped with advanced sensor technology, including radar, lidar, and cameras, enabling them to automate various yard operations such as the movement of trailers, engaging and unhooking trailers, and monitoring trailer locations. The company's focus is on enhancing safety and efficiency for large enterprises by replacing hazardous and repetitive manual tasks with automated processes, thereby driving the adoption of sustainable freight transportation.

Lunewave Inc. is a manufacturer based in Tucson, Arizona, specializing in Luneburg lens-based antennas and automotive radar sensor systems. Founded in 2017, the company serves various sectors, including telecommunications, aerospace and defense, automotive, and specialized research. Lunewave develops advanced, three-dimensional printed Luneburg lens antennas and radar systems tailored for applications in autonomous driving, wireless communications, and drone technology. Its products feature custom-made antennas available in various sizes and operating frequencies, designed to meet specific customer needs. The sensors are characterized by their compact, robust design, offering high resolution, all-directional fields of view, and long detection ranges.

Aurora Labs Ltd is a technology company that develops innovative software solutions for the automotive industry, leveraging machine learning, artificial intelligence, and blockchain technologies. Established in 2016 and headquartered in Tel Aviv-Yafo, Israel, the company also has offices in Munich, Skopje, Boston, and Detroit. Aurora Labs focuses on enhancing the software development lifecycle for vehicles, providing tools for testing, integration, quality control, and continuous certification, as well as enabling over-the-air software updates. Their AI-based vehicle software intelligence aims to help automotive manufacturers manage software costs and resources effectively, facilitating the development of new vehicle features and mobility services. With a commitment to industry standards such as ISO-26262/ASIL-D and ASPICE-L2, Aurora Labs has garnered approximately 90 patents and has seen its products adopted by customers globally, positioning itself as a leader in the software-defined vehicle sector.

Motorq, LLC is a technology company that specializes in developing a cloud-based interoperability software platform for accessing connected vehicle data and analytics. Founded in 2015 and headquartered in the San Francisco Bay Area, Motorq serves a diverse range of enterprises, including fleets, insurance companies, and government organizations. The company’s platform utilizes machine learning to integrate and analyze data from various advanced connected-car systems, facilitating collaboration between original equipment manufacturers (OEMs) and device makers. By providing actionable insights and enabling data normalization and processing, Motorq empowers its clients to enhance operations and expand their service offerings in the evolving mobility landscape.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, focused on developing technologies that promote efficient, sustainable, and equitable mobility systems. As a spinoff from the Massachusetts Institute of Technology, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and Mobility-on-Demand Systems. Optimus Ride specializes in creating self-driving technology systems tailored for geofenced environments, utilizing innovations in complex sensor fusion, mapping, computer vision, and machine learning. The company's expertise is further enhanced by a team with extensive industrial and entrepreneurial experience in manufacturing robots, urban design, and shared vehicle fleet management, allowing it to offer versatile transportation solutions that range from commercial vessel operations to transit options.

Autotalks, Ltd. is a fabless semiconductor company specializing in vehicle-to-everything (V2X) communications for both manned and autonomous vehicles. Founded in 2008 and headquartered in Kfar Netter, Israel, the company develops a range of automotive-grade chipsets, including the CRATON integrated vehicular communication processor and the PLUTON V2X RF Transceiver. These products enable vehicles to communicate with each other and with infrastructure, enhancing safety and mobility. Autotalks also offers the PANGAEA4 V2X communication module, along with security verification and software solutions. The company serves a global clientele, including OEMs and Tier 1 and Tier 2 suppliers, with offices in North America, Europe, and Asia. Autotalks stands out as the only provider of a comprehensive global V2X solution that meets stringent automotive safety and reliability standards, ensuring interoperability with various devices and protocols in diverse conditions.

AUTOPAY is a lender marketplace focused on auto refinancing and new vehicle financing. Founded in 2007 and headquartered in Denver, Colorado, the company collaborates with various credit unions, banks, and lending institutions nationwide to provide customers with competitive rates and terms. Its platform streamlines the auto refinance process by connecting consumer applications with lender guidelines, facilitating the identification of offers, lender decisions, and electronic contracts. This enables customers to finance or refinance their vehicles efficiently and affordably.

Phunware, Inc. is a software company based in Austin, Texas, specializing in a multiscreen-as-a-service (MaaS) enterprise cloud platform for mobile devices. Founded in 2009, Phunware enables brands to engage, manage, and monetize their mobile application portfolios through its comprehensive suite of software solutions. These include content management, location-based services, marketing automation, analytics, and audience engagement tools. The company offers its products as software-as-a-service and provides application transaction media services that support user acquisition and monetization strategies. Additionally, Phunware delivers data services for targeted marketing campaigns utilizing various technologies such as GPS and Wi-Fi. The company has also partnered with GAIN Innovation to pursue government contracts in Texas. Its primary revenue is generated within the United States, reflecting its focus on the domestic market.

Phunware, Inc. is a software company based in Austin, Texas, specializing in a multiscreen-as-a-service (MaaS) enterprise cloud platform for mobile devices. Founded in 2009, Phunware enables brands to engage, manage, and monetize their mobile application portfolios through its comprehensive suite of software solutions. These include content management, location-based services, marketing automation, analytics, and audience engagement tools. The company offers its products as software-as-a-service and provides application transaction media services that support user acquisition and monetization strategies. Additionally, Phunware delivers data services for targeted marketing campaigns utilizing various technologies such as GPS and Wi-Fi. The company has also partnered with GAIN Innovation to pursue government contracts in Texas. Its primary revenue is generated within the United States, reflecting its focus on the domestic market.

uParts, Inc. is an online platform based in Irvine, California, that specializes in sourcing OEM, aftermarket, and LKQ auto parts. Founded in 2011, the company provides an electronic parts procurement solution designed for repair professionals, insurance carriers, and part suppliers. The platform automates the procurement process by integrating with existing legacy software applications, facilitating efficient transactions over the Internet. This integration allows repair facilities to manage their parts procurement more effectively, enabling informed decision-making during the repair process. Overall, uParts aims to streamline the parts procurement experience for all stakeholders in the automotive repair industry.

Phunware, Inc. is a software company based in Austin, Texas, specializing in a multiscreen-as-a-service (MaaS) enterprise cloud platform for mobile devices. Founded in 2009, Phunware enables brands to engage, manage, and monetize their mobile application portfolios through its comprehensive suite of software solutions. These include content management, location-based services, marketing automation, analytics, and audience engagement tools. The company offers its products as software-as-a-service and provides application transaction media services that support user acquisition and monetization strategies. Additionally, Phunware delivers data services for targeted marketing campaigns utilizing various technologies such as GPS and Wi-Fi. The company has also partnered with GAIN Innovation to pursue government contracts in Texas. Its primary revenue is generated within the United States, reflecting its focus on the domestic market.

Tred is a car trading platform that facilitates the buying and selling of pre-owned vehicles. It operates with a focus on connecting trusted buyers and sellers through an advanced technological framework. The platform merges the security of dealership transactions with the competitive pricing typically found in the private market. Tred allows users to control the listing price of their vehicles and provides tracking for page views, enhancing the selling experience. Additionally, it offers features that enable potential buyers to test drive and purchase cars directly from their own homes, streamlining the overall transaction process.