Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Ethan Austin

MD of the Techstars Western Union Accelerator

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Transportation Services

CYCLE

Seed Round in 2020
GetHenry provides electric vehicle subscriptions incl. software and service to delivery companies and couriers.

CYCLE

Pre Seed Round in 2020
GetHenry provides electric vehicle subscriptions incl. software and service to delivery companies and couriers.

Teporto

Pre Seed Round in 2019
Teporto is enabling a new commute modality with its one-click smart platform for commute shuttle services that seamlessly adapts routes and schedules to commuters' needs on a daily basis. Helping companies and cities attract and retain talented workforce by improving employee commutes. Teporto's technology transforms commute shuttles into smart shuttles. Closing a faster feedback loop, raising commuters satisfaction and ridership while still optimizing for affordability.

Cargo

Seed Round in 2018
Cargo Systems, Inc. operates a mobile marketplace designed for selling products to passengers in transit, primarily through rideshare services. The company's platform, known as Cargo, enables passengers to order a diverse range of products, including snacks, electronics, and health and beauty items, delivered directly to them without the need for a dedicated app. Founded in 2016 by former employees of Birchbox, Cargo initially launched in New York and Boston and has since expanded its reach across 49 states. The company collaborates with rideshare drivers and brand partners to facilitate this unique in-car shopping experience, providing an opportunity for drivers to earn additional income while enhancing passenger convenience. Cargo is headquartered in New York, New York, and has received backing from various venture capital firms.

blueflite

Pre Seed Round in 2018
Flugauto is a B2B tech company developing a world-class platform for aerial delivery of industrial cargo for the energy industry. For businesses that want to transport cargo we offer the benefits of a helicopter, speed and access to remote locations, but at the cost of ground transportation. We do this by leveraging our proprietary UAS technology which we provide as a Platform-as-a-Service. This helps companies streamline their material management, reduce costs and carbon emissions associated with logistics, warehousing and unplanned maintenance, as well as reduce the risk of injuries and fatalities.

Envio

Pre Seed Round in 2017
Envio offers a logistics platform that allows brands to deploy rental and a try-before-you-buy services.

Lean Systems

Convertible Note in 2017
Lean Systems provides top-tier optimization for transportation and logistics. They provide cloud-based software that automates and optimizes their scheduling and routing, saving them thousands per month. Instead of spending hours scheduling employees and routing vehicles, transportation companies can send their data to the Lean Systems solver via their API. Their proprietary solver takes into consideration industry- and organization-specific rules, while applying the most advanced optimization available. The problem is solved in minutes, instead of hours, and fully optimized routes and schedules are returned to the client.

Cargo

Seed Round in 2016
Cargo Systems, Inc. operates a mobile marketplace designed for selling products to passengers in transit, primarily through rideshare services. The company's platform, known as Cargo, enables passengers to order a diverse range of products, including snacks, electronics, and health and beauty items, delivered directly to them without the need for a dedicated app. Founded in 2016 by former employees of Birchbox, Cargo initially launched in New York and Boston and has since expanded its reach across 49 states. The company collaborates with rideshare drivers and brand partners to facilitate this unique in-car shopping experience, providing an opportunity for drivers to earn additional income while enhancing passenger convenience. Cargo is headquartered in New York, New York, and has received backing from various venture capital firms.

Mozio

Non Equity Assistance in 2016
Mozio, Inc. operates an online airport transportation search and booking engine. Its platform allows travelers to search and book airport shared ride shuttles, private vans, airporters, taxis, airport limousines, sedans, and SUVs from airports in the United States, Canada, Latin America, Europe, and Asia. The company also provides API and affiliate programs for travel Websites and travel agents to sell shuttles, taxis, limos, and airporters. Mozio, Inc. was incorporated in 2012 and is based in San Francisco, California.

Rally

Convertible Note in 2016
Rally Bus Corp. operates a social mobility network that provides social event travel services to stadiums, venues, and tracks. It offers motor coaches with drivers, trip sharing, and ride booking. The company was founded in 2010 and is based in New York, New York.

Cargo

Pre Seed Round in 2016
Cargo Systems, Inc. operates a mobile marketplace designed for selling products to passengers in transit, primarily through rideshare services. The company's platform, known as Cargo, enables passengers to order a diverse range of products, including snacks, electronics, and health and beauty items, delivered directly to them without the need for a dedicated app. Founded in 2016 by former employees of Birchbox, Cargo initially launched in New York and Boston and has since expanded its reach across 49 states. The company collaborates with rideshare drivers and brand partners to facilitate this unique in-car shopping experience, providing an opportunity for drivers to earn additional income while enhancing passenger convenience. Cargo is headquartered in New York, New York, and has received backing from various venture capital firms.

Rally

Angel Round in 2016
Rally Bus Corp. operates a social mobility network that provides social event travel services to stadiums, venues, and tracks. It offers motor coaches with drivers, trip sharing, and ride booking. The company was founded in 2010 and is based in New York, New York.

Mozio

Seed Round in 2014
Mozio, Inc. operates an online airport transportation search and booking engine. Its platform allows travelers to search and book airport shared ride shuttles, private vans, airporters, taxis, airport limousines, sedans, and SUVs from airports in the United States, Canada, Latin America, Europe, and Asia. The company also provides API and affiliate programs for travel Websites and travel agents to sell shuttles, taxis, limos, and airporters. Mozio, Inc. was incorporated in 2012 and is based in San Francisco, California.

Dropoff

Venture Round in 2014
Dropoff, Inc. provides courier services to businesses across various industries in the United States. It offers same-day last mile delivery services for various packages ranging from cupcakes to prescription medications; and fleet replacement services. The company offers delivery services in Austin, Dallas, Denver, Fort Lauderdale, Houston, Las Vegas, Los Angeles, Miami, Nashville, Orange County, Orlando, Phoenix, San Diego, San Jose, and Tampa. It serves businesses in retail, healthcare, food and grocery, business services, and commercial and industrial sectors. The company was founded in 2013 and is based in Austin, Texas.

Mozio

Pre Seed Round in 2014
Mozio, Inc. operates an online airport transportation search and booking engine. Its platform allows travelers to search and book airport shared ride shuttles, private vans, airporters, taxis, airport limousines, sedans, and SUVs from airports in the United States, Canada, Latin America, Europe, and Asia. The company also provides API and affiliate programs for travel Websites and travel agents to sell shuttles, taxis, limos, and airporters. Mozio, Inc. was incorporated in 2012 and is based in San Francisco, California.