Shell E4

Shell E4, established in 2017 and located in Bengaluru, India, is an accelerator focused on fostering innovation in clean technology and sustainability. The firm invests in ventures that address pressing environmental challenges, including waste management, plastic circularity, and carbon capture technologies. Additionally, Shell E4 seeks to support advancements in machine learning solutions aimed at achieving net-zero emissions, as well as developments in electric vehicle charging infrastructure and battery swapping. By prioritizing investments in these areas, Shell E4 aims to empower energy entrepreneurs and facilitate the adoption of transformative technologies that contribute to a more sustainable future.

Peter van Giessel

Venture Principal

Geert van de Wouw

Managing Director and Vice President

Past deals in Ride Sharing

Statiq

Series A in 2022
Statiq is an electric vehicle charging network that allows customers to find the closest charging station, book a slot, and pay online. Statiq creates and aggregates its own smart EV chargers as well as other public EV chargers. Founded in the year 2020 by Akshit Bansal and Raghav Arora and is based in Gurgaon, Haryana, India.

Rapido

Series D in 2022
Rapido is a bike taxi booking platform based in Bengaluru, India, founded in 2015. It offers a mobile app that allows users to book two-wheeler rides for intra-city travel and last-mile connectivity. The platform aims to make commuting more affordable and enjoyable while promoting the idea of shared transportation. By connecting individuals traveling in similar directions, Rapido helps reduce the number of vehicles on the road, contributing to decreased traffic congestion, lower carbon emissions, and improved air quality. The service is designed to provide transparent fare structures, making it an accessible option for users looking for cost-effective travel solutions.

Masabi

Venture Round in 2022
Masabi Limited specializes in mobile ticketing and fare collection solutions for public transport systems in the United Kingdom and globally. The company offers the JustRide platform, a comprehensive cloud-based system that facilitates ticket purchasing, display, and inspection, along with backend infrastructure for secure payments, ticket management, and real-time analytics. JustRide includes customer apps for ticket sales and management, a Hub for reporting and administration, and an Inspect tool for validating tickets using common devices. Additionally, the Web Sales Portal allows transport providers to integrate ticketing into their websites, while the Software Development Kit supports further customization for the transport industry. With operations across various transport agencies worldwide, Masabi aims to enhance passenger convenience by eliminating physical ticketing challenges. Founded in 2001 and headquartered in London, the company also has offices in New York and Boston.

Revel

Series B in 2022
Revel accelerates electric vehicle (EV) adoption in urban areas by offering an all-electric rideshare service and a network of fast-charging stations. Revel provides a cleaner and safer rideshare experience with its fleet of easily recognizable blue, all-electric vehicles. The service emphasizes affordability, safety, and cleanliness, with vetted drivers and regularly detailed cars. Users can request rides through the Revel app, available on iOS and Android platforms.

Get Spiffy

Venture Round in 2021
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

Humn.ai

Series A in 2021
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.

Ample

Series C in 2021
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.

Rapido

Series C in 2021
Rapido is a bike taxi booking platform based in Bengaluru, India, founded in 2015. It offers a mobile app that allows users to book two-wheeler rides for intra-city travel and last-mile connectivity. The platform aims to make commuting more affordable and enjoyable while promoting the idea of shared transportation. By connecting individuals traveling in similar directions, Rapido helps reduce the number of vehicles on the road, contributing to decreased traffic congestion, lower carbon emissions, and improved air quality. The service is designed to provide transparent fare structures, making it an accessible option for users looking for cost-effective travel solutions.

Zypp Electric

Seed Round in 2021
Zypp Electric is an EV delivery app that operates in the last-mile space. Zypp is working to convert all deliveries for e-commerce, grocery, medicine, and food verticals to go electric with an e-scooter sharing app. Making last-mile delivery more affordable, time-saving, and with zero emission. Zypp, through its continuous efforts to invest and strategize toward the mission of zero-emission, has become the first EV logistics player to turn into an EBITDA-positive business.

XCharge

Series B in 2021
XCharge is a prominent provider of high-power electric vehicle (EV) charging solutions, established in 2015. The company focuses on the design, manufacturing, and sales of advanced EV charging infrastructure, including its C6 and C7 series of DC fast chargers and the Net Zero Series, which integrates battery storage technology. XCharge aims to enhance the EV charging experience for energy companies, fleet operators, and parking lot managers across over 25 countries. By combining hardware and software solutions, the company seeks to maximize charging revenue while minimizing maintenance costs. Its innovative approach allows for scalable, cost-effective installations tailored for diverse grid conditions, facilitating a smoother transition to clean transportation in North America. With a team of experienced professionals, XCharge is dedicated to addressing the challenges of EV infrastructure and promoting sustainable energy practices.

Ravin AI

Series A in 2021
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.

Humn.ai

Seed Round in 2021
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.

Envoy Technologies

Series A in 2020
Envoy provides electric vehicles and electric vehicle charging for apartments, offices, and hotels and an in-house amenity to the residents and guests. The company equips real estate owners and operators with a new and innovative way to enhance the lifestyle of their tenants, members, and guests by providing Mobility as an Amenity™service, a platform that offers a technology to reserve and access vehicles, driver insurance, maintenance, and electric vehicle chargers, electric fleet, fleet maintenance, full-service mobile app, customer support, and robust analytics. Envoy Technologies provides the technology, operations, and vehicles to implement private and dedicated auto-sharing as an amenity for any community. In 2017, Aric Ohana and Ori Sagie headquartered Envoy Technologies in Culver City, California.

Drover

Series B in 2020
Drover Limited operates an online mobility-as-a-service platform that offers monthly, all-in car subscriptions to customers and private hire drivers, providing a flexible alternative to traditional car leasing, hiring, and purchasing. Founded in 2015 and based in London, the company enables users to keep, swap, cancel, or upgrade their vehicles as needed. Drover's platform connects customers with fleet partners, facilitating effective monetization of vehicle inventory through a comprehensive listings and fleet management interface. The technology includes features such as telematics integration, predictive maintenance, and electronic driver onboarding, along with a payments and invoicing engine and insurance coverage for each booking. Through its website and mobile application, Drover simplifies access to vehicles for both drivers and vehicle suppliers.

Via

Series E in 2020
Via Transportation Inc. is a company that develops innovative public mobility solutions, focusing on on-demand and pre-scheduled transit. Founded in 2012 and headquartered in New York, Via serves a diverse range of clients, including public transit agencies, cities, universities, corporations, and school districts. The company's mobile app connects passengers traveling in the same direction, allowing them to share premium vehicles and enhancing the efficiency of public transit systems. Via aims to transform traditional, rigid transit systems into dynamic networks by integrating its technology with existing public transportation infrastructure. This approach not only reduces operational costs and traffic congestion but also minimizes single-occupancy trips and carbon emissions, providing more accessible and environmentally friendly transit options. Via operates both in the United States and Europe through partnerships, including a joint venture with Mercedes-Benz Vans.

Get Spiffy

Venture Round in 2020
Get Spiffy is an on-demand car wash and detailing service. A team of experienced Triangle, NC entrepreneurs are building the World's first on-demand smartphone-powered technology-enabled mobile car wash and detailing service. The app is used for both communication and payment. Additionally, Spiffy is highly concerned about the environment, and all of its washes are eco-friendly.

Masabi

Venture Round in 2020
Masabi Limited specializes in mobile ticketing and fare collection solutions for public transport systems in the United Kingdom and globally. The company offers the JustRide platform, a comprehensive cloud-based system that facilitates ticket purchasing, display, and inspection, along with backend infrastructure for secure payments, ticket management, and real-time analytics. JustRide includes customer apps for ticket sales and management, a Hub for reporting and administration, and an Inspect tool for validating tickets using common devices. Additionally, the Web Sales Portal allows transport providers to integrate ticketing into their websites, while the Software Development Kit supports further customization for the transport industry. With operations across various transport agencies worldwide, Masabi aims to enhance passenger convenience by eliminating physical ticketing challenges. Founded in 2001 and headquartered in London, the company also has offices in New York and Boston.

Commutec

Pre Seed Round in 2020
Commutec bringing technology to the employee transport process and addressing the demand for safe and reliable shared transport options. Since then, it has been our constant endeavour to enable companies to manage their employee transport operations, better, and, optimized to mitigate financial, security risks and reduce transport costs. Our flagship SaaS product, Commutec PRo- End to End Managed Employee Transportation Solution (ETS), automates the complete transport management process thereby cutting down the carbon footprint and eliminating manual intervention; providing its customers complete control and visibility over their transport operations in real-time.

Travis Road Services

Venture Round in 2019
At TRAVIS we believe in data-driven Road Services: in the near future smart (autonomous) vehicles will automatically Find, Book and Pay the best available Road Services based on real time data. Our online B2B marketplace is the easiest way for Transport Companies to connect with Road Service Providers such as Truck wash, Tank cleaning, Truck Parking and Truck Repair. By using TRAVIS, carriers and drivers can (automatically) find, book and pay the best available road services. This results in optimized driving times, less fuel consumption, less administrative hassle.

Aurora

Series B in 2019
Aurora Innovation develops advanced software and hardware products for self-driving vehicles, aiming to transform the movement of people and goods. Founded in 2016 and headquartered in Palo Alto, California, the company operates additional offices in the Bay Area, Bozeman, Pittsburgh, and Dallas. Its primary offering, the Aurora Driver, is a scalable self-driving system capable of operating various vehicle types, including freight-hauling trucks and ride-hailing passenger vehicles. This technology supports Aurora's driver-as-a-service products, Aurora Horizon and Aurora Connect, catering to trucking and ride-hailing sectors. By integrating rigorous engineering with applied machine learning, Aurora Innovation seeks to create a comprehensive transportation ecosystem that connects automakers, logistics services, and mobility providers.

Ravin AI

Seed Round in 2019
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.

TresMoto

Pre Seed Round in 2019
TresMoto offers purpose-built and end-to-end solutions to niche enterprise markets like micro delivery and bike rental services. TresMoto develops electrical scooters with standard features that include GPS, geofencing, remote demobilization, phone holder, under-seat storage, and branding space on the scooter. It also develops scooters and bikes for the consumer segment in the pipeline. The organization integrates all vehicle ownership and maintenance needs like insurance, AMC, roadside breakdown support, and unlimited battery swaps at strategically placed stations.

Ample

Series A in 2018
Ample, Inc. is a San Francisco-based company that specializes in electric battery stations and offers innovative battery swap solutions for electric vehicles. Founded in 2014, Ample operates within the smart energy sector, focusing on enhancing energy delivery for electric transportation. The company employs autonomous robotics and advanced battery technology to facilitate efficient energy exchange. Ample's unique battery system utilizes smaller, interchangeable battery modules, allowing compatibility with a diverse range of vehicles. This approach aims to streamline the charging process, making electric vehicle use more accessible and convenient for consumers.

FixMyCar

Venture Round in 2018
FixMyCar is a UK based on-line car repair and servicing marketplace. Drivers nationwide benefit from receiving quotes from local garages and are able to compare on price and real customer feedback.

Openbay

Series A in 2018
Openbay is an award-winning online marketplace for consumer automotive repair services and a provider of SaaS based software for the automotive care industry. At Openbay, we are building the world’s most trusted and transparent automotive services marketplace. We make it easy and convenient for vehicle owners to find, book and pay for automotive repair and maintenance services. Openbay offers a wide range of services delivered by car dealerships, national automotive service chains, independent shops, and mobile mechanics. Openbay is venture backed with offices in Kendall Square, Cambridge. Investors include GV (formerly Google Ventures), a16z seed, Boston Seed Capital, Stage 1 Ventures as well as several individual investors. Openbay has been covered and lauded by the ABC World News, BBC, Boston Globe, FOX News, World Street Journal, and Reuters, among others, as an innovative technology for the automotive aftermarket and as a platform for consumers to service their vehicles conveniently and cost effectively. http://www.openbay.com Consumer mobile apps: https://itunes.apple.com/app/id724979552 - iOS https://play.google.com/store/apps/details?id=com.openbay.vo

FarePilot

Venture Round in 2017
FarePilot was created to help private hire and taxi drivers make more money and spend less time on the road. FarePilot's customer hotspot recommendations use a variety of data sources to predict customer demand in a city, helping drivers save time, petrol, and earn more. FarePilot's algorithm also takes traffic and driver supply into account, guiding drivers away from areas of dense supply (lots of drivers) and heavy congestion.
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