Automotive Ventures

Automotive Ventures is a seed-stage venture capital firm founded in 2020 and based in Atlanta, Georgia. The firm specializes in the automotive technology sector and focuses on investing in early-stage mobility startups globally. Leveraging its extensive industry expertise and relationships with entrepreneurs and executives, Automotive Ventures aims to develop innovative consumer experiences that address significant pain points in the automotive space. The firm combines its investing and operational experience to incubate new ideas, facilitate business growth, and execute transactions, ultimately creating value for stakeholders. Its inaugural fund, Automotive Ventures Fund I, launched in 2021, targets investments specifically within the automotive technology landscape.

Justin Charbonneau

Venture Principal

Steve Greenfield

Founder, CEO and General Partner

Brian Reed

Operating Partner

8 past transactions

Wrapmate

Pre Seed Round in 2022
Operator of a vehicle wrapping company based in Greenwood Village, Colorado. The company's platform acts as an end-to-end digital platform for consumers to design, print, and install their graphic projects, customers can create and visualize a unique vehicle graphic, enabling clients to effectively market and advertise with the help of the car wrap.

NuBrakes

Series A in 2021
NuBrakes Mobile Brake Repair Service provides brake repair services to drivers in the Austin and Dallas metro areas. NuBrakes Mobile Brake Repair Service was founded in 2016 and is based in Austin, Texas.

AlgoDriven

Series A in 2021
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. The company develops EvalExpert, a mobile appraisal tool that assists car dealers, finance brokers, and rental companies in evaluating vehicles effectively. Additionally, its DriveExpert platform supports the management of test drives and loan vehicles. Founded in 2016 and based in Dubai, AlgoDriven operates in several regions, including Australia, New Zealand, the United Arab Emirates, Hong Kong, and China, with additional offices in Muscat and Brisbane. By leveraging big data and artificial intelligence, AlgoDriven enables car dealers, banks, and insurance firms to streamline their vehicle appraisal and pricing processes, enhancing operational efficiency across the automotive industry.

Dollaride

Pre Seed Round in 2021
Dollaride offers a technology platform that connects people living in transit deserts to private ride-sharing networks called dollar vans. Its cashless platform offers operator business dashboard, fleet management system, automated fee collection, and territory expansion features, technical resources, web assistance for operators so that they can manage their fleets with transparency and legal compliance, insurance brokerage, scheduling, and dispatch services, enabling drivers to earn more and keep a track of their daily earnings from their phone and passengers to hail a van instantly and save time. The company was founded in 2018 and is headquartered in Brooklyn, New York.
Lender Compliance Technologies specializes in compliance solutions for automotive, RV, marine, and Powersports lenders. It brings together extensive industry experience in lending, recoveries and compliance, and SaaS development to create a compliance-driven technology solutions company. LCT focuses on serving the needs of lenders with audit-ready solutions based on industry practices and a forward-thinking roadmap.

Car Capital

Series A in 2021
Car Capital Technologies provides car dealers with capital and technology to support regulatory and compliance requirements and servicing. Its process allows them to help the Dealer and Consumer find the perfect vehicle while making the process easier. It has the most experienced team and the highest level of technology in the industry. The company was founded in 2020 and is headquartered in Dallas, Texas.

HopDrive

Funding Round in 2021
Social Auto Transport offers a turnkey solution that automates short distance car moving services for auto dealers and rental car companies. The company's services include non-disruptive delivery, instant moves, access to trusted drivers, and real-time tracking, enabling auto dealers to increase shipping efficiency and automate workflow. It was founded by Nick Mottas and Rob Newton in Richmond, Virginia in 2017.

RoboTire

Seed Round in 2020
RoboTire, Inc. is a company based in Mountain View, California, that specializes in automated vehicle maintenance services for autonomous vehicles. Founded in 2018, RoboTire employs advanced robotics and software, including computer vision technology, to streamline the process of tire replacement. The company's innovative approach allows for the simultaneous replacement of all four tires in as little as ten minutes, significantly reducing the time typically required for such maintenance. This efficiency not only enhances the productivity of service centers, dealers, and garages but also caters to the growing demand for quick and reliable vehicle upkeep in an increasingly automated automotive landscape.
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