G Squared

G Squared, established in 2011 and headquartered in California with additional offices in Zurich, Greenwich, and Chicago, focuses on early-stage investments in technology companies in the United States. The firm recognizes the trend of venture-backed companies remaining private for extended periods, leading to a need for both primary capital for growth and transitional capital for liquidity among early investors and employees. G Squared adopts a unique approach compared to traditional venture capital, partnering with innovative entrepreneurs who are addressing significant challenges and aiming for exceptional returns. The firm has invested in well-known companies such as 23andMe, Coursera, Instacart, Lyft, Pinterest, and Spotify, as well as emerging disruptors like Asana, Blend, Bolt, Brex, Capsule, Flexport, Impossible Foods, Toast, and Turo.

Larry Aschebrook

Managing Partner

Eve Denton

Associate, Investor Relations

Oscar Gastelum

VP

Richard Harris

Partner

Antonia Korduba

Principal and Director of Investor Relations

Tyson Morgan

Partner

Eric Richardson

Principal and Head of Origination

Luis Rivera

Chief Financial Officer

Past deals in Transport and logistics

Choco

Series B in 2022
Choco is a young startup with plenty of momentum that’s aiming to attract restaurants and suppliers. It also makes ordering and communication with your suppliers faster and simpler. They are simplifying how to order from their suppliers and their technology has the potential to help millions of people worldwide. Choco connecting food suppliers and restaurants on one global platform. Their technology has the potential to optimize communication among food channels to create a more transparent supply chain. The young start-up seeks to build up a user base among suppliers and restaurants keen to build out their networks.

Forto

Series D in 2022
Forto, founded in Berlin in 2016 as FreightHub, is a digital freight forwarder specializing in logistics technology and services for global supply chains. The company offers an intuitive platform that enables customers to optimize and manage their entire supply chain processes efficiently. With a diverse portfolio of over 2,000 customers and a workforce of over 200 employees, Forto operates across nine global offices. The company is committed to enhancing global trade while promoting sustainability, positioning itself as a leader in the logistics sector.

Bolt

Series F in 2022
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

JOKR

Series B in 2021
JOKR is a grocery and delivery platform that provides hyper-local product delivery services. The company offers customers delivery of an assortment of grocery and retail items to their doorstep in less than 15 minutes. It aims to democratize retail by bringing together global suppliers' all-time favorite products and local brands to support the small businesses in every neighborhood while minimizing waste. JOKR currently operates hubs in cities including New York, São Paolo, Mexico City, Bogota, Lima, Warsaw, and Vienna. It was headquartered in New York, New York in 2021.

Gorillas

Series C in 2021
Gorillas Technologies GmbH is a grocery delivery service founded in 2020 and headquartered in Berlin, Germany. The company operates an application that allows consumers to order groceries at retail prices and aims to deliver these products within 10 minutes of placing an order. By aggregating a wide range of supermarket offerings, Gorillas seeks to provide a fast and convenient shopping experience for its customers.

Gorillas

Series C in 2021
Gorillas Technologies GmbH is a grocery delivery service founded in 2020 and headquartered in Berlin, Germany. The company operates an application that allows consumers to order groceries at retail prices and aims to deliver these products within 10 minutes of placing an order. By aggregating a wide range of supermarket offerings, Gorillas seeks to provide a fast and convenient shopping experience for its customers.

Bolt

Series E in 2021
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

Forto

Series C in 2021
Forto, founded in Berlin in 2016 as FreightHub, is a digital freight forwarder specializing in logistics technology and services for global supply chains. The company offers an intuitive platform that enables customers to optimize and manage their entire supply chain processes efficiently. With a diverse portfolio of over 2,000 customers and a workforce of over 200 employees, Forto operates across nine global offices. The company is committed to enhancing global trade while promoting sustainability, positioning itself as a leader in the logistics sector.

Convoy

Series D in 2019
Convoy, Inc. operates an online marketplace that provides digital freight network services, facilitating the transportation of goods across the United States. Founded in 2015 and based in Seattle, Washington, the company allows users to book local and regional trucks on demand, accommodating loads ranging from a single pallet to full truckloads. Convoy's platform includes features such as instant quotations, online booking, automated loading suggestions, and real-time shipment tracking, enhancing operational efficiency for shippers. The company aims to address inefficiencies in the trucking industry, which faces significant carbon waste from empty trucks, by leveraging technology and data. Convoy collaborates with major clients, including Fortune 500 companies, to lower logistics costs and meet sustainability goals while improving earnings for drivers.

Bolt

Series C in 2019
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

Flexport

Series D in 2019
Flexport, Inc. is a global freight forwarder and logistics platform that provides online customs brokerage and freight forwarding services. Established in 2013 and headquartered in San Francisco, California, the company offers a comprehensive online dashboard that enables businesses to understand, purchase, manage, and track the necessary services for global trade. Its offerings include customs brokerage services such as clearances, bonds, product classification, and government agency filings, alongside freight forwarding options encompassing ocean freight, air freight, and trucking. Additionally, Flexport provides supply chain services that cover cargo insurance, quality inspections, warehousing, product sourcing, and trade finance. By leveraging modern software, Flexport aims to enhance the user experience in global trade, helping logistics companies optimize transportation routes and manage inventory effectively.

Transfix

Series D in 2018
Transfix, Inc. is a prominent trucking brokerage service provider based in New York, offering digital solutions for freight transportation in the United States. Established in 2010, the company has developed an application that connects shippers with a network of contracted carriers, enabling real-time shipment tracking and performance insights. Transfix serves various industries, including retail, food, beverage, and manufacturing, delivering competitive pricing and reliable service. By leveraging deep industry knowledge and advanced logistics software, Transfix aims to optimize supply chains for its clients. The company has gained recognition for its innovative approach, with notable partnerships that include several top retailers and major food and beverage brands in America.

Uber

Series G in 2017
Uber Technologies, Inc. is a technology company that operates a mobile application connecting consumers with independent drivers for ridesharing services, as well as facilitating food delivery through its Eats segment. Founded in 2009 and headquartered in San Francisco, Uber has expanded its operations to over 600 cities worldwide, serving customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company has diversified its offerings into five segments: Rides, Eats, Freight, Other Bets, and Advanced Technologies Group. The Rides segment enables users to request rides from a variety of vehicle types, while the Eats segment allows for restaurant discovery and food delivery. The Freight segment connects carriers with shippers for logistics services. Uber is also focused on developing autonomous vehicle technology through its Advanced Technologies Group. By leveraging its platform, Uber aims to enhance urban mobility and deliver innovative transportation solutions globally.

Lyft

Series E in 2015
Lyft is an on-demand transportation service that connects passengers with drivers through a mobile application. Founded in June 2012 in San Francisco by Logan Green and John Zimmer, Lyft allows users to request rides with a simple tap on their smartphones and facilitates payment directly through the app. The platform also offers the option to schedule rides up to seven days in advance. Lyft primarily serves college, university, and corporate communities and has rapidly expanded to cover 95 percent of the U.S. population. The company focuses on providing accessible peer-to-peer transportation solutions, contributing to the growing ridesharing market.