FM Capital

Indigo Technologies, Inc., founded in 2010 and headquartered in Cambridge, Massachusetts, specializes in the manufacturing of in-wheel motors and automotive components. The company is focused on innovating the transportation sector by developing robotic wheel technology aimed at creating specialized vehicles for high-demand applications such as last-mile delivery, ride-hailing, and essential services. Indigo's all-electric light utility fleet vehicles integrate advanced road-sensing smartwheels technology, which is designed to enhance affordability, efficiency, and sustainability for fleet operators. By addressing emerging challenges in transportation, Indigo Technologies is positioned to support vehicle manufacturers in meeting future market demands and improving safety and efficiency standards.

EvenFlow AI specializes in automated scheduling software tailored for auto dealerships. The software employs artificial intelligence to align service capacity with customer demand, allowing for dynamic pricing and scheduling optimizations. This approach enhances operational efficiency, enabling dealerships to increase service profits by up to 10% and improve management of service appointments. By facilitating effective customer check-ins and offering comprehensive service options, EvenFlow AI provides dealerships with tools for revenue management, ultimately maximizing profitability.

Outrider, Inc. is a software company that specializes in automating logistics hubs through the use of electric, self-driving trucks. Established in 2017 and based in Golden, Colorado, Outrider provides a software-as-a-service (SaaS) solution designed for customer-owned freight and transportation fleets. The company offers a comprehensive system comprised of web-based management software, autonomous driving controls for electric yard trucks, and necessary site infrastructure. Its technology automates various yard operations, including the movement of trailers and the engagement and disengagement of trailer connections, thereby eliminating hazardous and repetitive manual tasks. By focusing on the development of zero-emission systems, Outrider aims to enhance safety and efficiency for large enterprises reliant on logistics.

AutoComplete, Inc. is an insurance-technology company located in San Francisco, California, focused on transforming the car insurance market, which is valued at $311 billion. The company has developed an artificial intelligence platform that aims to simplify the auto insurance process, providing users with a streamlined experience. By leveraging AI technology, AutoComplete enables users to obtain auto protection with minimal effort, enhancing the overall customer experience in automotive insurance.

Element Energy is a startup focused on enhancing the performance, reliability, and cost-effectiveness of large battery packs utilized in various applications, including renewable energy storage and hybrid and electric vehicles. The company has developed a battery management system that aims to improve the safety, energy throughput, and lifespan of lithium-ion battery packs. This system facilitates the cost-effective repurposing of retired electric vehicle batteries into efficient grid-scale energy storage solutions. By doing so, Element Energy supports the integration of renewable energy sources and maximizes the total energy capacity of the battery packs.

Orbee specializes in digital marketing analytics 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 customer experiences. The company facilitates the creation of detailed buyer profiles by integrating first-party data from clients' websites and partner networks. Additionally, Orbee automates personalized messaging across various paid and earned channels, enhancing engagement through effective segmentation. To broaden the impact of its technologies, Orbee collaborates with dealer-focused media agencies and service providers. Its core offerings include a proprietary data collection and reporting pipeline, an array of dashboards and APIs, and tools for managing campaigns across multiple channels such as email, search, social media, and video.

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 for extracting platinum group metals (PGMs) from both primary and secondary resources, including waste materials. This process is designed to be economical and environmentally friendly, utilizing green, biodegradable, and recyclable solvents instead of traditional smelting methods. By enabling on-site extraction at locations such as mines, scrap yards, and recycling facilities, pH7's closed-loop system minimizes waste generation and eliminates toxic off-gassing, providing a practical solution for the operational challenges faced by chemical factories.

WarrCloud is a technology and service provider focused on optimizing automotive warranty management for dealerships. By transforming the administration of warranty claims, WarrCloud aims to reduce processing costs and enhance service profits for dealerships. The company's platform streamlines warranty handling by converting high fixed expenses into a low-risk variable cost that adjusts according to the dealership's specific needs. WarrCloud collaborates with dealership management system firms, warranty claims handlers, independent processors, and dealer groups to improve efficiency and cost-effectiveness in warranty processing.

Outrider, Inc. is a software company that specializes in automating logistics hubs through the use of electric, self-driving trucks. Established in 2017 and based in Golden, Colorado, Outrider provides a software-as-a-service (SaaS) solution designed for customer-owned freight and transportation fleets. The company offers a comprehensive system comprised of web-based management software, autonomous driving controls for electric yard trucks, and necessary site infrastructure. Its technology automates various yard operations, including the movement of trailers and the engagement and disengagement of trailer connections, thereby eliminating hazardous and repetitive manual tasks. By focusing on the development of zero-emission systems, Outrider aims to enhance safety and efficiency for large enterprises reliant on logistics.

Privacy4Cars is a technology company focused on addressing data privacy challenges in the automotive sector. Its platform provides a suite of services that allows users, including individuals, dealers, and financial institutions, to efficiently delete personal information from vehicles, such as phonebooks, call logs, text messages, and navigation history. By enabling traceable removal of this data, Privacy4Cars helps to ensure compliance with privacy regulations and enhances transparency within the connected car environment. The company's solutions not only facilitate the protection of user data but also assist in building compliance records, thereby promoting trust in the automotive ecosystem.

Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

Invisible AI Inc. is a technology company specializing in artificial intelligence-based camera systems designed for logistics and manufacturing facilities. Founded in 2018 and headquartered in San Francisco, the company offers a no-code, edge-based visual intelligence platform that enhances quality, productivity, and safety in manufacturing environments. Its low-cost, low-bandwidth cameras are strategically deployed at workstations to monitor real-time human motion, enabling clients to optimize workflow and reduce costs associated with manual assembly errors. The accompanying web dashboard provides clients with visibility and built-in intelligence to protect data while facilitating the integration, tracking, and analysis of operational practices. This comprehensive system helps clients ensure that processes are executed accurately and safely, ultimately improving overall efficiency.

Motorq, LLC is a developer of a cloud-based interoperability software platform that facilitates access to connected vehicle data and analytics for enterprises such as fleets, insurance companies, and government agencies. Founded in 2016 and headquartered in the San Francisco Bay Area, the company aims to enhance operational efficiency and expand service offerings for its clients. Motorq's platform utilizes machine learning to integrate and analyze data from various connected car systems, providing actionable insights that help vehicle manufacturers and fleet management companies optimize customer experiences and improve product offerings. By enabling collaboration between original equipment manufacturers (OEMs) and device makers, Motorq supports enterprises in adapting to the evolving landscape of mobility.

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 business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.

Privacy4Cars is a technology company focused on addressing data privacy challenges in the automotive sector. Its platform provides a suite of services that allows users, including individuals, dealers, and financial institutions, to efficiently delete personal information from vehicles, such as phonebooks, call logs, text messages, and navigation history. By enabling traceable removal of this data, Privacy4Cars helps to ensure compliance with privacy regulations and enhances transparency within the connected car environment. The company's solutions not only facilitate the protection of user data but also assist in building compliance records, thereby promoting trust in the automotive ecosystem.

Car Capital Technologies is an automotive fintech company based in Dallas, Texas, founded in 2020. It specializes in providing car dealers with both capital and advanced technology solutions to enhance regulatory compliance and improve servicing capabilities. The company's innovative process enables dealers to assist consumers in finding the right vehicle while streamlining the overall purchasing experience. Car Capital Technologies equips its dealer partners with the tools necessary to make instant auto loan decisions through automated approvals, allowing customers to secure financing regardless of their credit history. With a focus on leveraging technology and expertise, the company aims to simplify the car buying process for both dealers and consumers.

Ravin AI Limited is a London-based company founded in 2018, specializing in developing artificial intelligence-powered software for vehicle inspection and management. The platform utilizes computer vision and machine learning to autonomously inspect vehicles using standard mobile or stationary cameras, facilitating damage detection and analysis without the need for specialized equipment. Ravin AI's solutions cater to various sectors, including fleet tracking, insurance claim processing, and used car sales, helping fleet owners, insurance processors, and dealerships generate accurate vehicle condition reports and streamline claims. By enhancing trust in car rentals, sharing, and sales, Ravin AI aims to improve operational efficiency and reduce inspection costs for its clients.

Motorq, LLC is a developer of a cloud-based interoperability software platform that facilitates access to connected vehicle data and analytics for enterprises such as fleets, insurance companies, and government agencies. Founded in 2016 and headquartered in the San Francisco Bay Area, the company aims to enhance operational efficiency and expand service offerings for its clients. Motorq's platform utilizes machine learning to integrate and analyze data from various connected car systems, providing actionable insights that help vehicle manufacturers and fleet management companies optimize customer experiences and improve product offerings. By enabling collaboration between original equipment manufacturers (OEMs) and device makers, Motorq supports enterprises in adapting to the evolving landscape of mobility.

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 business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.

Optimus Ride is a self-driving vehicle company located in Boston, Massachusetts, specializing in the development of technologies aimed at creating efficient, sustainable, and equitable mobility systems. As a spinoff from MIT, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and mobility-on-demand systems. Its team possesses extensive industrial and entrepreneurial expertise, encompassing areas such as manufacturing robots, urban design, and shared vehicle fleet management. Optimus Ride focuses on implementing self-driving technology in geofenced environments, utilizing advancements in sensor fusion, mapping, computer vision, and machine learning. This enables a wide range of transportation solutions, from commercial vessel operations to various transit options.

What3Words Limited, established in 2013 and headquartered in Baldock, UK, specializes in a unique global addressing system. It has divided the world into a 3m x 3m grid, assigning each square a unique address consisting of three words. This innovative solution enables precise location finding and sharing, benefiting various industries such as delivery, emergency response, navigation, and property search. The company offers its service through an API, allowing businesses and individuals to integrate it into their products and services. Additionally, What3Words provides a free mobile app and online map for general use.

GuardKnox is an automotive technology company specializing in high-performance, secure, and customizable products for driver-centric mobility. Established in 2016 and headquartered in Israel, with additional locations in Munich, Germany, and Detroit, Michigan, GuardKnox focuses on developing scalable technologies for software-defined vehicles. The company's platform enhances vehicle connectivity and allows consumers to customize both performance and in-vehicle experiences. By offering secure design and high-speed firmware, GuardKnox enables clients to create applications and services efficiently, reducing time to market while maintaining cost-effectiveness.

Ravin AI Limited is a London-based company founded in 2018, specializing in developing artificial intelligence-powered software for vehicle inspection and management. The platform utilizes computer vision and machine learning to autonomously inspect vehicles using standard mobile or stationary cameras, facilitating damage detection and analysis without the need for specialized equipment. Ravin AI's solutions cater to various sectors, including fleet tracking, insurance claim processing, and used car sales, helping fleet owners, insurance processors, and dealerships generate accurate vehicle condition reports and streamline claims. By enhancing trust in car rentals, sharing, and sales, Ravin AI aims to improve operational efficiency and reduce inspection costs for its clients.

What3Words Limited, established in 2013 and headquartered in Baldock, UK, specializes in a unique global addressing system. It has divided the world into a 3m x 3m grid, assigning each square a unique address consisting of three words. This innovative solution enables precise location finding and sharing, benefiting various industries such as delivery, emergency response, navigation, and property search. The company offers its service through an API, allowing businesses and individuals to integrate it into their products and services. Additionally, What3Words provides a free mobile app and online map for general use.

Outrider, Inc. is a software company that specializes in automating logistics hubs through the use of electric, self-driving trucks. Established in 2017 and based in Golden, Colorado, Outrider provides a software-as-a-service (SaaS) solution designed for customer-owned freight and transportation fleets. The company offers a comprehensive system comprised of web-based management software, autonomous driving controls for electric yard trucks, and necessary site infrastructure. Its technology automates various yard operations, including the movement of trailers and the engagement and disengagement of trailer connections, thereby eliminating hazardous and repetitive manual tasks. By focusing on the development of zero-emission systems, Outrider aims to enhance safety and efficiency for large enterprises reliant on logistics.

Vroom, Inc. operates an e-commerce platform specializing in the buying, selling, and trading of new and used vehicles in the United States. Founded in 2012 and headquartered in New York City, the company provides a convenient and innovative solution for consumers by integrating all phases of the vehicle transaction process. Vroom's platform offers a wide selection of vehicles, transparent pricing, and competitive financing options, along with services such as at-home pick-up and delivery. The company's operations are divided into three segments: e-commerce retail sales of used vehicles, wholesale sales through various channels, and retail financing services. This data-driven approach aims to enhance the overall experience for customers in the automotive market.

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 software development company based in Tel Aviv-Yafo, Israel, with additional offices in Munich, Skopje, Boston, and Detroit. Founded in 2016, the company specializes in machine learning, artificial intelligence, and blockchain technologies to address the complexities of automotive software development. Aurora Labs provides AI-based vehicle software intelligence that spans the entire lifecycle of a vehicle, including software development, testing, integration, quality control, and over-the-air updates. Its solutions help automotive manufacturers manage software costs and resources more efficiently while ensuring compliance with industry standards such as ISO-26262/ASIL-D and ASPICE-L2. With approximately 100 patents granted and a commitment to innovation, Aurora Labs has positioned itself as a key player in the evolution of software-defined vehicles, with its products being adopted globally in upcoming car models.

Motorq, LLC is a developer of a cloud-based interoperability software platform that facilitates access to connected vehicle data and analytics for enterprises such as fleets, insurance companies, and government agencies. Founded in 2016 and headquartered in the San Francisco Bay Area, the company aims to enhance operational efficiency and expand service offerings for its clients. Motorq's platform utilizes machine learning to integrate and analyze data from various connected car systems, providing actionable insights that help vehicle manufacturers and fleet management companies optimize customer experiences and improve product offerings. By enabling collaboration between original equipment manufacturers (OEMs) and device makers, Motorq supports enterprises in adapting to the evolving landscape of mobility.

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, specializing in the development of technologies aimed at creating efficient, sustainable, and equitable mobility systems. As a spinoff from MIT, the company leverages over 30 years of interdisciplinary research in self-driving technologies, electric vehicles, and mobility-on-demand systems. Its team possesses extensive industrial and entrepreneurial expertise, encompassing areas such as manufacturing robots, urban design, and shared vehicle fleet management. Optimus Ride focuses on implementing self-driving technology in geofenced environments, utilizing advancements in sensor fusion, mapping, computer vision, and machine learning. This enables a wide range of transportation solutions, from commercial vessel operations to various transit options.

Autotalks, Ltd. is a fabless semiconductor company specializing in vehicle-to-everything (V2X) communication technologies for both manned and autonomous vehicles. Founded in 2008 and headquartered in Kfar Netter, Israel, the company develops automotive-grade chipsets, including the CRATON vehicular communication processor and the PLUTON V2X RF transceiver. Autotalks also offers the PANGAEA4 V2X communication module, which enhances vehicle safety and mobility through secure data exchange. The company works closely with original equipment manufacturers (OEMs) and Tier 1 and Tier 2 suppliers globally, enabling vehicles to communicate with one another and with roadside infrastructure. Autotalks is notable for providing a comprehensive V2X solution compatible with various technologies while meeting rigorous automotive safety and security standards. With a presence in multiple countries, including North America, Germany, France, Japan, Korea, and China, Autotalks is poised to play a significant role in advancing connectivity and autonomous driving initiatives worldwide.

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. operates an online platform that facilitates the procurement of OEM, aftermarket, and LKQ auto parts for repair professionals, insurance carriers, and part suppliers. Founded in 2011 and based in Irvine, California, uParts provides an electronic parts procurement solution that automates the entire purchasing process. The platform integrates with existing legacy software applications within the industry, streamlining transactions and enhancing communication among users. By offering a user-friendly portal, uParts enables its clients to make informed repair decisions and efficiently manage their parts procurement processes.

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 operates a car trade platform focused on facilitating the buying and selling of pre-owned vehicles. By merging the reliability of dealership transactions with the advantages of private market sales, TRED offers a safe and efficient experience for both buyers and sellers. The platform enables users to control listing prices and monitor interest through page views. Additionally, it provides advanced technology and financing options, allowing buyers to test drive and purchase cars conveniently from their own driveways. With a large network of trusted participants, TRED aims to simplify the car trading process while ensuring transparency and security.