Ulu Ventures

Ulu Ventures is a Palo Alto, California-based seed and early-stage venture capital firm that backs technology-driven startups across the United States. Founded in 2008, it focuses on internet-enabled consumer and business services and a broad range of sectors including EdTech, FinTech, healthcare, sustainability, enterprise IT, SaaS, IoT, digital media, mobile, agtech, and marketplaces. The firm emphasizes backing diverse entrepreneurial teams and typically engages in co-investments with other investors to pursue meaningful exits. It is described as the first Latina-led venture fund in Silicon Valley and is among the larger seed-focused vehicles in the region.

Andrea Bogarin

Senior Associate

Kathy Chen

Partner

Kevin Hoffberg

Venture Partner

Clint Korver Ph.D

Managing Director

Stephen Malinak

Venture Partner

Past deals in Transportation

Populus

Seed Round in 2021
Populus is a platform for cities to manage and price commercial fleets to deliver safer more sustainable streets. Over 100 cities around the world rely on Populus to receive GPS data from commercial vehicles, and are now leveraging their platform to create, manage, and enforce payment for access to curbs to prioritize transitions to lower carbon transportation.

Fleetpanda

Venture Round in 2019
Fleetpanda is a technology-driven fleet services company based in San Francisco. It specializes in overnight maintenance, refueling, and washing services for fleets across various industries such as construction, delivery, landscaping, and trucking.

HEVO

Seed Round in 2018
HEVO provides wireless charging solutions for electric vehicle markets, offering hardware like the HEVO Power Station for city streets, parking lots and fleets, and software such as HEVO Mobile that identifies upfitted vehicles and enables wireless bill-pay through onboard console, smartphone, or tablet. The company also delivers Green Parking and Green Loading Zones for plug-in hybrids and EV fleets. Its solutions target municipalities, fleet operators, commercial transportation, and military applications, supporting fleet optimization, range extension, and urban charging infrastructure. HEVO's technology features interoperable wireless power transfer, an operating system and network management, and safety mechanisms, enabling charging without plugs and supporting in-road and destination charging along with dynamic charging concepts for future mobility. The company serves customers across energy, automotive, and charging industries and positions itself as part of the broader transition to shared, electric, and autonomous mobility.

Populus

Angel Round in 2018
Populus is a platform for cities to manage and price commercial fleets to deliver safer more sustainable streets. Over 100 cities around the world rely on Populus to receive GPS data from commercial vehicles, and are now leveraging their platform to create, manage, and enforce payment for access to curbs to prioritize transitions to lower carbon transportation.

Zum

Series A in 2017
Zum Services, Inc., established in 2014, specializes in safe and reliable transportation services for children and youth in the San Francisco Bay Area, Los Angeles, Orange County, and San Diego. The company offers scheduled or on-demand rides, as well as care services like nannies, for school drops and pickups, sports activities, and other needs. Zum's services include single family or carpool rides, one-off rides, babysitting, and stay and watch services, all facilitated through a network of vetted drivers and advanced scheduling technology.

Zum

Seed Round in 2016
Zum Services, Inc., established in 2014, specializes in safe and reliable transportation services for children and youth in the San Francisco Bay Area, Los Angeles, Orange County, and San Diego. The company offers scheduled or on-demand rides, as well as care services like nannies, for school drops and pickups, sports activities, and other needs. Zum's services include single family or carpool rides, one-off rides, babysitting, and stay and watch services, all facilitated through a network of vetted drivers and advanced scheduling technology.

Proterra

Series D in 2015
Proterra Inc. is a manufacturer of zero-emission electric buses, primarily focused on providing sustainable transportation solutions for public and commercial transit. Founded in 2004 and headquartered in Burlingame, California, with additional offices in Greenville, South Carolina, and City of Industry, California, Proterra designs its products, including 35-foot and 40-foot electric buses, to meet the diverse needs of urban and regional transit routes. The company's Catalyst platform is noted for its modularity, allowing it to adapt to various operational demands while delivering high energy efficiency. Proterra also offers a broad range of services, including vehicle electrification solutions, fleet planning, charging infrastructure, and comprehensive vehicle maintenance programs. By facilitating the transition away from fossil fuels, Proterra aims to enhance environmental quality and reduce operational costs for fleet operators, contributing to significant reductions in greenhouse gas emissions.
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