Obsidian Investment Partners

Obsidian Investment Partners is a growth equity firm based in New York, founded in 2019. The firm specializes in making non-control investments during the initial equity rounds of bootstrapped companies, focusing on multi-stage growth opportunities. By targeting promising businesses at pivotal stages of their development, Obsidian aims to support their expansion while maintaining a non-controlling interest in their operations.

Alison Bush Delgado

Founding Partner

MIchael Lythcott

Founding Partner

9 past transactions

Span

Series B in 2022
Span.IO designs and develops innovative residential energy storage solutions aimed at facilitating the adoption of renewable energy. The company's flagship product includes a smart electrical panel that replaces traditional panels, providing an intuitive interface for managing home energy use. This system allows users to monitor and control energy consumption remotely through a dedicated application, enhancing the overall consumer experience. Span.IO's team, composed of experts in energy, software, hardware, and consumer finance, leverages their collective knowledge in power generation and system integration to create products that promote environmental sustainability and energy efficiency. Through its technology, Span.IO aims to transform the energy sector by making home energy management more accessible and automated.

Revel

Series B in 2022
Revel is a company focused on promoting electric vehicle (EV) adoption in urban environments through its all-electric rideshare service and a network of fast-charging stations. The company operates a fleet of easily recognizable blue, all-electric vehicles that provide a cleaner and safer rideshare experience. Revel emphasizes affordability, safety, and cleanliness, featuring vetted drivers and regularly detailed cars. Users can conveniently request rides via the Revel app, available on both iOS and Android platforms. Additionally, Revel offers shared electric mopeds, allowing customers to easily locate and book a ride through the mobile application, which also facilitates access to charging stations for immediate energy replenishment.

WeLink

Series B in 2022
WeLink Inc. is a company based in San Jose, California, that operates a dual business model focused on digital risk management and fixed-wireless broadband services. On one hand, it offers an advanced social media security platform that helps enterprises detect and prevent threats by analyzing large volumes of social media data. On the other hand, WeLink provides broadband internet services to homes and businesses through a unique fixed-wireless approach. This method utilizes millimeter wave technology to extend the reach of fiber networks, allowing for faster and more cost-effective deployment compared to traditional fiber-to-the-home solutions. Through these services, WeLink aims to deliver reliable internet connectivity and actionable security insights for organizations.

OpConnect

Convertible Note in 2021
OpConnect, LLC is a technology company based in Portland, Oregon, that specializes in electric vehicle (EV) charging systems. Founded in 2005, the company focuses on reducing greenhouse gas emissions through the electrification of transportation. OpConnect offers a comprehensive electric vehicle charging solution that includes charging stations, a wireless communications network, and a cloud-based software platform for payment processing, energy management, and maintenance. The company operates charging stations under contract with station owners and licenses its software platform, which includes mobile applications, to fueling solution providers globally. This enables partners to establish their own charging networks while ensuring efficient energy delivery and maximizing revenue from their charging infrastructure. As a subsidiary of OP Technologies, Inc., OpConnect is committed to advancing sustainable transportation solutions.

Getaround

Convertible Note in 2021
Getaround, Inc. is an online marketplace specializing in peer-to-peer car sharing and local car rentals. Founded in 2009 and based in San Francisco, California, Getaround allows users to rent vehicles on-demand, ranging from economy cars to luxury models, by the hour or day. The platform facilitates a seamless experience through its patented Getaround Connect technology, which enables users to access cars without needing to meet the vehicle owner or handle physical keys. This innovative approach eliminates the traditional hassles of car rental, such as long lines and paperwork. Getaround operates in several major U.S. cities, including San Francisco, San Diego, Chicago, and Washington, D.C., providing a convenient and eco-friendly alternative to car ownership while allowing vehicle owners to earn extra income. The service also includes comprehensive insurance and 24/7 roadside assistance, ensuring a safe and enjoyable experience for users.

HEVO

Venture Round in 2021
HEVO Inc. specializes in wireless charging solutions for electric and plug-in hybrid vehicles. Established in 2011 and headquartered in New York, the company has developed a proprietary operating system and wireless power transfer technology that offers a user-friendly and efficient alternative to traditional plug-in charging. Its product lineup includes the HEVO Power Station, designed for various high-traffic locations such as city streets and parking facilities, and HEVO Mobile, a software platform that facilitates seamless billing and vehicle identification. HEVO's technology is interoperable across different vehicle models, making it suitable for commercial fleets, shared autonomous vehicles, and city infrastructure. The company aims to enhance fleet optimization and extend vehicle range while contributing to the evolving landscape of electric and autonomous mobility. Its solutions also cater to military applications and include innovative concepts such as Green Parking and Green Loading Zones.

Core Scientific

Convertible Note in 2021
Core Scientific, Inc. is a technology company specializing in blockchain and artificial intelligence services, including hosting, transaction processing, and application development. Established in 2017 and headquartered in Bellevue, Washington, the company was previously known as MineCo Holdings, Inc. until its rebranding in June 2018. Core Scientific provides extensive blockchain infrastructure and offers digital asset self-mining and premium hosting services for clients. Its operations are divided into two main segments: Equipment Sales and Hosting, which encompass blockchain infrastructure and third-party hosting, and a Mining segment focused on digital asset mining. The company generates revenue through consumption-based contracts and by leveraging its own computer equipment for mining activities. Core Scientific is recognized for its in-house management and monitoring solutions that integrate hosting with data analytics, ensuring efficient operation and oversight.

Vanderhall Motor Works

Convertible Note in 2021
Vanderhall Motor Works, Inc. is a manufacturer of three-wheeled vehicles, specifically classic autocycles. Founded in 2010 and headquartered in Provo, Utah, the company distributes its products through a network of dealers across the United States. In addition to vehicle sales, Vanderhall offers a range of accessories available for purchase online, catering to the needs of its customers and enhancing the ownership experience.

Sceye

Series A in 2021
Sceye is a material science company based in Moriarty, New Mexico, specializing in the development of high-altitude platform stations. The company manufactures airship infrastructure designed to access the stratosphere, enabling long-duration missions that can last for an entire year. Sceye's airships are equipped with advanced technologies, including cameras, sensors, hyper-spectral imaging, radar, and communications systems. This innovative platform provides businesses, government entities, and academic institutions with persistent imaging and data collection services, facilitating a wide range of applications in various fields.
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