Initialized IV

Initialized Capital Management is a venture capital investment firm based in San Francisco, California, founded in 2011. The firm specializes in early-stage investments, primarily targeting the technology, mobile, software, and design sectors. Initialized Capital has established a reputation for its focus on seed-stage funding, employing a team of six investing partners to manage its portfolio. Since its inception, the firm has successfully facilitated the growth of startups that collectively have generated over $200 billion in market value. Initialized IV, one of its key funds launched in 2018, emphasizes investments in the software sector, further solidifying Initialized Capital's commitment to fostering innovation in technology-driven industries.

Cutler, Kim-Mai

Partner

Alina Libova

General Partner

Marinda Luk

CFO

Abdul Ly

Principal

Anson MacKinney

Venture Capital Associate

Andrew Sather

Principal

Singh, Parul

Partner

Kat Steinmetz

Principal

Julianna Vitolo

Associate

Jennifer Wolf

COO and Partner

Past deals in Ride Sharing

Clockwork

Seed Round in 2022
Clockwork is building AI-powered robots to deliver express beauty services for people on the go. They started with nails, and have developed the world’s first fully autonomous manicure robot, which can paint nails perfectly.

Papa

Series D in 2021
Papa is a platform that connects college students to senior citizens for companionship and assistance. The platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home. Papa was founded in 2018 and is headquartered in Miami, Florida.

Rippling

Series C in 2021
Rippling is a workforce management platform that simplifies the administrative tasks associated with running a business. It offers an all-in-one solution for managing employee data and operations, including onboarding, offboarding, payroll, tax forms, and IT management. The platform automates various HR processes, ensuring compliance and streamlining approvals, while also providing tools for device management and software access. By integrating these functions into a single dashboard, Rippling allows businesses to enhance efficiency, reduce costs, and save time, enabling them to focus on growth. Its capabilities support the entire employee lifecycle and facilitate seamless onboarding for new hires.

Clockwork

Seed Round in 2021
Clockwork is building AI-powered robots to deliver express beauty services for people on the go. They started with nails, and have developed the world’s first fully autonomous manicure robot, which can paint nails perfectly.

Papa

Series C in 2021
Papa is a platform that connects college students to senior citizens for companionship and assistance. The platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home. Papa was founded in 2018 and is headquartered in Miami, Florida.

Curri

Series A in 2021
Curri, Inc. is a logistics company that specializes in on-demand delivery services for construction materials, parts, and tools. Founded in 2018 and headquartered in Ventura, California, the company offers a mobile application that allows users to easily book delivery services. Through its platform, customers can arrange orders by providing pickup and drop-off locations, after which Curri's drivers handle the collection and delivery of the materials. The service includes features such as live updates, proof-of-delivery signatures, and photos to ensure transparency and compliance. Curri's innovative approach aims to streamline the logistics process for the construction industry, providing a cost-effective solution for transporting materials from supply stores directly to job sites.

Ridecell

Series C in 2020
Ridecell, Inc. specializes in fleet automation and management software solutions aimed at transforming fleet-driven businesses. Founded in 2009 and headquartered in San Francisco, with additional offices in Europe and Asia, Ridecell offers a range of products including Demand-Response software for automating dispatch and scheduling, and Fixed Route services that provide real-time tracking and notifications for public transit users. The Ridecell platform streamlines the management of ridesharing and car-sharing operations, covering aspects such as rider onboarding, driver-rider matching, dynamic pricing, and payment processing. The company serves a diverse clientele, including public and private transportation providers, universities, and logistics fleets, facilitating significant efficiency improvements and operational control in mobility services. Ridecell is recognized for powering successful fleet operations across North America and Europe.

Papa

Series B in 2020
Papa is a platform that connects college students to senior citizens for companionship and assistance. The platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home. Papa was founded in 2018 and is headquartered in Miami, Florida.

Rippling

Series B in 2020
Rippling is a workforce management platform that simplifies the administrative tasks associated with running a business. It offers an all-in-one solution for managing employee data and operations, including onboarding, offboarding, payroll, tax forms, and IT management. The platform automates various HR processes, ensuring compliance and streamlining approvals, while also providing tools for device management and software access. By integrating these functions into a single dashboard, Rippling allows businesses to enhance efficiency, reduce costs, and save time, enabling them to focus on growth. Its capabilities support the entire employee lifecycle and facilitate seamless onboarding for new hires.

Curri

Seed Round in 2020
Curri, Inc. is a logistics company that specializes in on-demand delivery services for construction materials, parts, and tools. Founded in 2018 and headquartered in Ventura, California, the company offers a mobile application that allows users to easily book delivery services. Through its platform, customers can arrange orders by providing pickup and drop-off locations, after which Curri's drivers handle the collection and delivery of the materials. The service includes features such as live updates, proof-of-delivery signatures, and photos to ensure transparency and compliance. Curri's innovative approach aims to streamline the logistics process for the construction industry, providing a cost-effective solution for transporting materials from supply stores directly to job sites.

ARRIVE

Venture Round in 2020
Arrive Mobility Inc. operates a transactional platform that connects drivers, fleets, and connected vehicles with parking solutions across North America. Founded in 2006 and headquartered in Chicago, Illinois, the company offers a marketplace where users can find, book, and pay for parking in advance, enhancing the parking experience by providing access to a diverse inventory of spaces. The platform enables customers to compare prices, locations, and amenities, and includes features for daily, monthly, and event parking, making it easier for users to make informed decisions. Arrive serves a broad range of clients, including car manufacturers, navigation companies, sports and entertainment venues, and smart cities. Originally known as ParkWhiz, Inc., the company rebranded to Arrive Mobility Inc. in September 2019, reflecting its expanded focus on smart parking solutions and integrated mobility services.

Culdesac

Venture Round in 2019
Culdesac Inc. develops and manages post-car real estate services in the United States. It offers ridesharing, bikes and scooters, and same-day grocery delivery services. Culdesac Inc. was incorporated in 2018 and is based in San Francisco, California.

Papa

Series A in 2019
Papa is a platform that connects college students to senior citizens for companionship and assistance. The platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home. Papa was founded in 2018 and is headquartered in Miami, Florida.

Seasons

Seed Round in 2019
Seasons is a fashion rental platform that offers a mix of luxury apparel. The company was founded in 2019 by Regy Perlera and is headquartered in New York, United States.

Rippling

Series A in 2019
Rippling is a workforce management platform that simplifies the administrative tasks associated with running a business. It offers an all-in-one solution for managing employee data and operations, including onboarding, offboarding, payroll, tax forms, and IT management. The platform automates various HR processes, ensuring compliance and streamlining approvals, while also providing tools for device management and software access. By integrating these functions into a single dashboard, Rippling allows businesses to enhance efficiency, reduce costs, and save time, enabling them to focus on growth. Its capabilities support the entire employee lifecycle and facilitate seamless onboarding for new hires.

Bellhop

Series C in 2018
Bellhop is the fastest growing moving services company in the US, transforming the $18B industry with a tech-enabled model that delivers far better customer experiences at prices that are untouchable by traditional movers. Serving local and long-distance moves in 55 cities. Expanding to 70+ in 2019.

Ridecell

Series B in 2018
Ridecell, Inc. specializes in fleet automation and management software solutions aimed at transforming fleet-driven businesses. Founded in 2009 and headquartered in San Francisco, with additional offices in Europe and Asia, Ridecell offers a range of products including Demand-Response software for automating dispatch and scheduling, and Fixed Route services that provide real-time tracking and notifications for public transit users. The Ridecell platform streamlines the management of ridesharing and car-sharing operations, covering aspects such as rider onboarding, driver-rider matching, dynamic pricing, and payment processing. The company serves a diverse clientele, including public and private transportation providers, universities, and logistics fleets, facilitating significant efficiency improvements and operational control in mobility services. Ridecell is recognized for powering successful fleet operations across North America and Europe.

Papa

Seed Round in 2018
Papa is a platform that connects college students to senior citizens for companionship and assistance. The platform connects college and nursing students to older adults who need assistance with transportation, house chores, technology lessons, and other services that enable older adults to stay independent while living securely and happily at home. Papa was founded in 2018 and is headquartered in Miami, Florida.

Skip Scooters

Seed Round in 2018
Skip Scooters operates shared electric scooters for reliable last-mile transportation. The company works with cities to ensure our fleets are operated with the support of the surrounding communities, and they stand behind their riders by providing vehicles, safety education, and training, and world-class support. The scooter rental company is based in San Francisco, California. It is formerly known by its Y Combinator codename, Waybots.

Voyage

Series A in 2018
Voyage is delivering on the promise of self-driving cars. Voyage has built the technology and services to bring autonomous transportation to those who need it most, beginning in retirement communities. Whether residents face mobility restrictions or just want to take a ride, Voyage takes pride in getting all our passengers to their destination safely, efficiently, and affordably. Our journey begins in calmer communities, but we won’t stop until anyone, anywhere can summon a Voyage.

HaulPay

Venture Round in 2018
HaulPay used to be ComFreight: ComFreight's flagship product is HaulPay (Fintech for Freight) which digitizes and automates payments, invoicing and finance for trucking and logistics. ComFreight also provides an advanced load board and free software to help carriers and brokers grow and automate more of their back-office operations and workflows. The goal is to create a more fair and transparent set of finance, payment and software options for the most active businesses that keep the supply chain moving.

ByNext

Series A in 2017
ByNext is a comprehensive service provider specializing in home cleaning solutions, including laundry and dry cleaning. Established through the merger of Cleanly and NextCleaners in 2020, ByNext aims to enhance the customer experience by bringing cleaning services in-house, ensuring high quality and reliability. The company offers a range of services that include accessible clothing care, home cleaning, and additional complementary services, all available through an online platform. ByNext emphasizes environmentally friendly practices by utilizing green technology in its cleaning processes. This approach allows the company to cater to the needs of busy professionals seeking convenient and efficient home service solutions.

ByNext

Series A in 2017
ByNext is a comprehensive service provider specializing in home cleaning solutions, including laundry and dry cleaning. Established through the merger of Cleanly and NextCleaners in 2020, ByNext aims to enhance the customer experience by bringing cleaning services in-house, ensuring high quality and reliability. The company offers a range of services that include accessible clothing care, home cleaning, and additional complementary services, all available through an online platform. ByNext emphasizes environmentally friendly practices by utilizing green technology in its cleaning processes. This approach allows the company to cater to the needs of busy professionals seeking convenient and efficient home service solutions.

Ridecell

Series A in 2016
Ridecell, Inc. specializes in fleet automation and management software solutions aimed at transforming fleet-driven businesses. Founded in 2009 and headquartered in San Francisco, with additional offices in Europe and Asia, Ridecell offers a range of products including Demand-Response software for automating dispatch and scheduling, and Fixed Route services that provide real-time tracking and notifications for public transit users. The Ridecell platform streamlines the management of ridesharing and car-sharing operations, covering aspects such as rider onboarding, driver-rider matching, dynamic pricing, and payment processing. The company serves a diverse clientele, including public and private transportation providers, universities, and logistics fleets, facilitating significant efficiency improvements and operational control in mobility services. Ridecell is recognized for powering successful fleet operations across North America and Europe.

Cruise

Series A in 2015
Cruise develops advanced self-driving vehicles aimed at improving road safety and enhancing urban mobility. These zero-emission vehicles are manufactured at a dedicated facility, integrating sophisticated hardware and software to navigate complex traffic scenarios that typically challenge human drivers. By focusing on autonomous technology, Cruise seeks to restore freedom of movement for individuals in densely populated areas while also reducing carbon emissions and transit times, ultimately transforming the transportation experience for users.

ByNext

Seed Round in 2015
ByNext is a comprehensive service provider specializing in home cleaning solutions, including laundry and dry cleaning. Established through the merger of Cleanly and NextCleaners in 2020, ByNext aims to enhance the customer experience by bringing cleaning services in-house, ensuring high quality and reliability. The company offers a range of services that include accessible clothing care, home cleaning, and additional complementary services, all available through an online platform. ByNext emphasizes environmentally friendly practices by utilizing green technology in its cleaning processes. This approach allows the company to cater to the needs of busy professionals seeking convenient and efficient home service solutions.

ByNext

Seed Round in 2015
ByNext is a comprehensive service provider specializing in home cleaning solutions, including laundry and dry cleaning. Established through the merger of Cleanly and NextCleaners in 2020, ByNext aims to enhance the customer experience by bringing cleaning services in-house, ensuring high quality and reliability. The company offers a range of services that include accessible clothing care, home cleaning, and additional complementary services, all available through an online platform. ByNext emphasizes environmentally friendly practices by utilizing green technology in its cleaning processes. This approach allows the company to cater to the needs of busy professionals seeking convenient and efficient home service solutions.

LiftIgniter

Seed Round in 2015
LiftIgniter is the personalization API. We are a machine learning personalization layer that powers intelligent, real-time, dynamic learning interactions on all customer touchpoints. Each user action has an intelligent reaction. LiftIgniter was part of the Winter 2014 YCombinator class and is based in San Francisco, California.

Bellhop

Series A in 2014
Bellhop is the fastest growing moving services company in the US, transforming the $18B industry with a tech-enabled model that delivers far better customer experiences at prices that are untouchable by traditional movers. Serving local and long-distance moves in 55 cities. Expanding to 70+ in 2019.

Carlypso

Seed Round in 2014
More money, less effort. Selling a used car is painful - you meet strangers during your free time, and then are frustrated when they make lowball offers. But if you trade it in, the dealer will offer you 40% less than the car is worth. Carlypso solves this problem - we take care of selling your car for you. You get the the money of a private sale with the convenience of a trade-in.

Zen99

Seed Round in 2014
Zen99 is an all-in-one dashboard to manage your 1099 work. We help with tracking finances, estimating/minimizing taxes, and getting insurance - things every contractor is required by law to do, but struggles to figure out due to complex regulations. Why contractors? They’re about to be over 40% of the workforce, and are growing at twice the rate of traditional employees. Our platform serves contractors both in service industries (rideshare drivers, web development and creative services, athletic trainers, etc) and in asset-based industries (Airbnb hosts, Ebay sellers, etc). Ultimately, we make it easier to manage being a contractor, and allow people greater control over their economic freedom.

Zoomer

Seed Round in 2014
Zoomer is a fast-growing technology startup focused on transforming the restaurant delivery space through innovative B2B food delivery services. The company offers a unique approach by facilitating a high volume of concurrent deliveries from popular restaurants, allowing for efficient transport of a variety of food items, including pizza, wings, and sandwiches. With a commitment to meaningful revenue generation from its inception, Zoomer operates with a small but impactful team dedicated to reshaping the food delivery landscape.

Bellhop

Angel Round in 2014
Bellhop is the fastest growing moving services company in the US, transforming the $18B industry with a tech-enabled model that delivers far better customer experiences at prices that are untouchable by traditional movers. Serving local and long-distance moves in 55 cities. Expanding to 70+ in 2019.

VaycayHero

Seed Round in 2014
VaycayHero is a safest and easiest way to rent vacation homes. VaycayHero, previously known as Zaranga, was launched in order to take the hassle out of booking vacations rentals without having to worry about the kinds of things Amitav and Anirban experienced while trying to simply go on a great vacation. Their rentals are 100% accurate and verified by professionals with automatically updated calendars and pricing. You will only find top-notch professionally managed vacation rentals on VaycayHero. Search and book online hassle-free, or chat with our booking concierge if you need some help.

Secret

Series B in 2014
Secret offers an online platform that enables users to share their personal secrets with other users anonymously. It owns and operates a mobile application that helps users to share and connect with friends. The company was founded in 2015 and is headquartered in San Francisco, California.

ARRIVE

Series B in 2014
Arrive Mobility Inc. operates a transactional platform that connects drivers, fleets, and connected vehicles with parking solutions across North America. Founded in 2006 and headquartered in Chicago, Illinois, the company offers a marketplace where users can find, book, and pay for parking in advance, enhancing the parking experience by providing access to a diverse inventory of spaces. The platform enables customers to compare prices, locations, and amenities, and includes features for daily, monthly, and event parking, making it easier for users to make informed decisions. Arrive serves a broad range of clients, including car manufacturers, navigation companies, sports and entertainment venues, and smart cities. Originally known as ParkWhiz, Inc., the company rebranded to Arrive Mobility Inc. in September 2019, reflecting its expanded focus on smart parking solutions and integrated mobility services.

Cruise

Convertible Note in 2014
Cruise develops advanced self-driving vehicles aimed at improving road safety and enhancing urban mobility. These zero-emission vehicles are manufactured at a dedicated facility, integrating sophisticated hardware and software to navigate complex traffic scenarios that typically challenge human drivers. By focusing on autonomous technology, Cruise seeks to restore freedom of movement for individuals in densely populated areas while also reducing carbon emissions and transit times, ultimately transforming the transportation experience for users.

Secret

Series A in 2014
Secret offers an online platform that enables users to share their personal secrets with other users anonymously. It owns and operates a mobile application that helps users to share and connect with friends. The company was founded in 2015 and is headquartered in San Francisco, California.

Summon

Venture Round in 2014
Summon (formerly InstantCab) gets you a ride instantly. Currently the service operates in San Francisco. Summon operates with both taxis and vetted drivers. When you install the Summon app, you enter in credit or debit card information, and all of the fares and tips are paid off of this card. Summon only charges you for a ride after you have been dropped off at your final destination. The idea for Summon was born while Aarjav waited, with growing desperation, at this bus stop; first for a bus, and soon for a cab. Both were eventually over an hour late. He missed his international flight but found the motivation to start a company!

ARRIVE

Venture Round in 2014
Arrive Mobility Inc. operates a transactional platform that connects drivers, fleets, and connected vehicles with parking solutions across North America. Founded in 2006 and headquartered in Chicago, Illinois, the company offers a marketplace where users can find, book, and pay for parking in advance, enhancing the parking experience by providing access to a diverse inventory of spaces. The platform enables customers to compare prices, locations, and amenities, and includes features for daily, monthly, and event parking, making it easier for users to make informed decisions. Arrive serves a broad range of clients, including car manufacturers, navigation companies, sports and entertainment venues, and smart cities. Originally known as ParkWhiz, Inc., the company rebranded to Arrive Mobility Inc. in September 2019, reflecting its expanded focus on smart parking solutions and integrated mobility services.

Secret

Seed Round in 2013
Secret offers an online platform that enables users to share their personal secrets with other users anonymously. It owns and operates a mobile application that helps users to share and connect with friends. The company was founded in 2015 and is headquartered in San Francisco, California.

SpoonRocket

Convertible Note in 2013
SpoonRocket is a next-gen, ultra fast delivery platform that delivers high quality tasty meals to customers in 15 minutes or less. The company was founded in 2013 and is based in Berkeley, California. The company is backed by Y Combinator, Foundation Capital, General Catalyst, and various other angels and funds. In March 2016, the company was acquired by SpoonRocket.

Boosted USA

Seed Round in 2013
Boosted USA designs and builds powerful lightweight electric vehicles that are extremely fun to ride and perfect for the last mile of your commute. Boosted is a young company driven by a passion for longboarding, electric vehicles, and great design. Boosted Boards builds the world's most powerful and portable electric longboards, starting with incredible Loaded bamboo/fiberglass decks and Orangatang premium race urethane wheels. Perfect for recreational riding or to free your commute.

FlightCar

Seed Round in 2013
FlightCar, Inc. is a car rental service that operates an online platform connecting car owners with travelers in need of vehicles while at the airport. Founded in 2012 and based in San Francisco, California, FlightCar allows individuals who are parking their cars at airports to rent them out to other approved travelers, providing a cost-effective and convenient option for transportation. The company has expanded its services to multiple locations across the United States, including major cities such as Austin, Boston, Chicago, Los Angeles, and Seattle. By facilitating this peer-to-peer rental system, FlightCar aims to enhance the travel experience for both car owners and renters, promoting a collaborative community among travelers.

Screenhero

Convertible Note in 2013
Screenhero, Inc. is a developer of a screen sharing application designed for real-time collaboration on Mac and Windows platforms. Founded in 2013 and based in Mountain View, California, Screenhero allows users to share any application seamlessly, enabling features such as simultaneous control with multiple mouse pointers and integrated voice chat. This platform facilitates various collaborative tasks, including code review, pair programming, and joint editing of documents, without the complications of formatting issues or the need to send multiple files. In January 2015, Screenhero became a subsidiary of Slack Technologies, further enhancing its capabilities in the realm of collaborative tools.

ARRIVE

Series A in 2013
Arrive Mobility Inc. operates a transactional platform that connects drivers, fleets, and connected vehicles with parking solutions across North America. Founded in 2006 and headquartered in Chicago, Illinois, the company offers a marketplace where users can find, book, and pay for parking in advance, enhancing the parking experience by providing access to a diverse inventory of spaces. The platform enables customers to compare prices, locations, and amenities, and includes features for daily, monthly, and event parking, making it easier for users to make informed decisions. Arrive serves a broad range of clients, including car manufacturers, navigation companies, sports and entertainment venues, and smart cities. Originally known as ParkWhiz, Inc., the company rebranded to Arrive Mobility Inc. in September 2019, reflecting its expanded focus on smart parking solutions and integrated mobility services.

GetGoing

Convertible Note in 2012
GetGoing is a venture-backed San Francisco startup changing the way people travel by making it more fun and affordable. Our goal is to help leisure travelers discover new getaways, save big (up to 40%) and travel more. We are working with major airlines and hotels to revolutionize the travel industry while delivering the best experience and prices to our users. Currently, we fly to over 2000 destinations worldwide. Our proprietary pricing method helps airlines fill unsold seats (up to 20% of available seats) by selling to discretionary, price-sensitive leisure travelers. To purchase a ticket on our website, customers need to select two destinations and commit to a non-refundable purchase. During the flight selection process, customers can choose arrival and departure times, flight duration, and the number of stops. GetGoing selects one of the destinations, revealing it to the customer after processing the booking and payment. Since our model requires destination flexibility, we ensure that our sales exclude business travelers, those visiting friends and family, and non-flexible leisure customers. We have eight U.S. and international patents and keep expanding our intellectual property portfolio with innovative pricing, search and customer segmentation methods.

Ridejoy

Convertible Note in 2012
Ridejoy is a community-driven marketplace for sharing rides. Ridejoy making it easy to share rides with friendly people. If you're going on a trip, you can list extra seat space in your car, and if you need to get somewhere, you can find a ride, using their service.

Kicksend

Seed Round in 2012
Kicksend is a web, mobile and desktop app that provides an easy solution for printing and sending photographs. Kicksend platform is complete with social tools, multiple payment options, one click purchasing and a robust virtual currency system. The company has partnerships with Walmart, Walgreens, Target, CVS and Duane Reade that provide local retail locations for users to pick up their printed photos.

Ridecell

Seed Round in 2012
Ridecell, Inc. specializes in fleet automation and management software solutions aimed at transforming fleet-driven businesses. Founded in 2009 and headquartered in San Francisco, with additional offices in Europe and Asia, Ridecell offers a range of products including Demand-Response software for automating dispatch and scheduling, and Fixed Route services that provide real-time tracking and notifications for public transit users. The Ridecell platform streamlines the management of ridesharing and car-sharing operations, covering aspects such as rider onboarding, driver-rider matching, dynamic pricing, and payment processing. The company serves a diverse clientele, including public and private transportation providers, universities, and logistics fleets, facilitating significant efficiency improvements and operational control in mobility services. Ridecell is recognized for powering successful fleet operations across North America and Europe.
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