Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm based in Manchester, New Hampshire, founded in 2013. The firm specializes in seed and early-stage investments, as well as late-stage pre-IPO opportunities, with a flexible approach that is sector and geographic agnostic. Alumni Ventures aims to provide high-quality, diversified venture portfolios to individual investors, particularly accredited alumni from top entrepreneurial schools, who may not have had access to venture capital previously. The firm focuses on backing companies that have an alumni connection and are led by established institutional investors with expertise in their respective fields. Additionally, Alumni Ventures offers focused funds that enable accredited investors to access a diverse portfolio of investments across various types, sectors, stages, and geographies.

Rob Adams

Executive Partner

Gail Ball

Venture Scout

Andrew Baum

Vice President, Treasury and Capital Management

Helen Chen

CEO Services Analyst

Michael Collins

CEO

Michael Egziabher

Principal, Basecamp

Mason Hale

Senior Associate, Chestnut Street and Triphammer

Michael Madden

Managing Partner and Co-Founder

Todd McIntyre

Managing Partner, Spike Ventures | Alumni Ventures

Jonathan Meltzer

Managing Partner

David Muson

CFO

Michael Peri

Partner

Ludwig Pierre Schulze

Managing Partner and NYC Office Leader

Saad Shaheen

Director

Chris Sklarin

Managing Partner, Castor Ventures and Strawberry Creek Ventures

Brittney Wade

Senior Associate, Seed Fund and Doctors Innovate Fund

Drew Wandzilak

Senior Associate, Green D and Yard and Strategic Tech Fund

Sarah Worden

Venture Scout

Ray Wu

Managing Partner-Web3 / Blockchain Fund

Michael Yuann

Director of Investment Operations

Ron Levin

Managing Partner, AV Seed Fund and Doctors Innovate Fund

Past deals in Automotive

Cafler

Series A in 2025
Cafler is an online platform focused on delegated vehicle mobility, providing a range of on-demand services designed to meet various automotive needs. Its offerings include vehicle washing, MOT testing, refueling, and transferring services, all accessible through a user-friendly mobile app. The platform aims to streamline processes for garages and insurers, allowing them to enhance profitability while reducing operational costs and time. Additionally, Cafler supports individuals by ensuring their vehicles remain in optimal condition through convenient at-home services and comprehensive solutions such as insurance, parking, paperwork, financing, and renting. By connecting consumers with service providers, Cafler facilitates efficient and effective vehicle maintenance and management.

Kyte

Series B in 2024
Kyte is a technology and operations company that specializes in providing on-demand car rentals delivered directly to customers' locations. Founded in 2019 in San Francisco by Francesco Wiedemann, Ludwig Schoenack, and Nikolaus Volk, Kyte allows customers to rent vehicles for varying durations, from a single day to several weeks or months. Operating in over ten cities across the United States, the company aims to simplify travel by offering services that include car delivery, cleaning, and refueling, thus eliminating the necessity for individuals to purchase their own vehicles for longer trips. Kyte is experiencing rapid growth as it expands its reach and services.

Divergent

Series D in 2023
Divergent Technologies, Inc. specializes in the development and manufacturing of 3D printed vehicles. Founded in 2014 and based in Los Angeles, California, the company has established a strategic partnership with PSA Group. Divergent has created the Divergent Adaptive Production System (DAPS™), an innovative software-hardware system that enables customers to design, additively manufacture, and automatically assemble complex structures for various applications, including automotive, aerospace, and defense. This system aims to enhance the efficiency and sustainability of the manufacturing process by optimizing designs, reducing material usage, and minimizing upfront capital expenditures. By eliminating traditional tooling requirements, Divergent seeks to drive innovation and sustainability within the vehicle manufacturing sector.

Machina Labs

Series B in 2023
Machina Labs is a mechanical and industrial engineering firm focused on automating metal forming and fabrication processes through the application of artificial intelligence and machine learning. The company has developed a manufacturing platform that integrates advanced robotics and AI technologies, enabling the rapid and cost-effective realization of innovative ideas. By creating new methods that simplify machinery requirements, Machina Labs serves a diverse range of sectors, including aerospace, automotive, consumer goods, and defense. This approach allows industries to reduce reliance on costly tooling and setup, streamlining production and enhancing efficiency.

Spartan Radar

Series B in 2023
Spartan Radar specializes in advanced radar technology that creates high-resolution real-time imagery, utilizing proprietary software algorithms that incorporate machine learning and edge-processing. By mimicking human sensory perception, Spartan's solutions enhance the performance of existing advanced driver-assistance systems (ADAS) by improving resolution, response time, and range while maintaining low computational demands. The company's expertise in signal processing, developed through years of experience in the aerospace and automotive sectors, enables it to offer cost-effective sensing solutions. Spartan's platform is applicable across various industries, including drone and automotive applications, positioning the company as a leader in innovative radar technology.

Divergent

Series C in 2022
Divergent Technologies, Inc. specializes in the development and manufacturing of 3D printed vehicles. Founded in 2014 and based in Los Angeles, California, the company has established a strategic partnership with PSA Group. Divergent has created the Divergent Adaptive Production System (DAPS™), an innovative software-hardware system that enables customers to design, additively manufacture, and automatically assemble complex structures for various applications, including automotive, aerospace, and defense. This system aims to enhance the efficiency and sustainability of the manufacturing process by optimizing designs, reducing material usage, and minimizing upfront capital expenditures. By eliminating traditional tooling requirements, Divergent seeks to drive innovation and sustainability within the vehicle manufacturing sector.

Refraction AI

Seed Round in 2022
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Treehouse

Seed Round in 2022
Treehouse is a venture-backed software-enabled home electrification startup focused on delivering turnkey EV charging solutions to EV buyers at the point of sale.

Zippity

Seed Round in 2021
Zippity LLC, founded in 2015 and based in Boston, Massachusetts, specializes in onsite car maintenance and repair services. The company operates an innovative platform that allows customers to schedule various automotive services, such as tire changes, detailing, brake work, and more, at their home or workplace. Zippity provides a unique B2B operating system tailored specifically for the mobile automotive industry, enhancing the customer experience across multiple service segments. By offering the convenience of mobile garage services, Zippity aims to alleviate the difficulties associated with car ownership, enabling mechanics to perform comprehensive maintenance directly at the vehicle's location.

Hayden AI

Series A in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.

Wrench

Series D in 2021
Wrench, Inc. is a mobile auto repair service provider that specializes in offering car and truck repair services directly at customers' homes and offices. Founded in 2015 and headquartered in Seattle, Washington, the company operates in multiple states, including Arizona, California, Florida, Georgia, Illinois, Nevada, North Carolina, Oregon, Tennessee, Texas, and Washington. Wrench offers a comprehensive range of services, including alternator and battery replacement, brake repair, oil and filter changes, diagnostic services, and more. Customers can conveniently book appointments online, making the process accessible and efficient.

Algolux

Series B in 2021
Algolux is a Canadian AI software company that specializes in advanced perception solutions for various industries, including automotive, robotics, and video security. The company focuses on optimizing camera architectures to enhance image quality and supports both existing and new camera designs through cloud-based tools and embedded software. Founded on innovative research in deep learning, computer vision, and computational imaging, Algolux delivers robust solutions that address critical safety issues for applications such as advanced driver-assistance systems (ADAS), autonomous vehicles, fleets, and autonomous mobile robots. Their technology leverages machine learning and deep perception to improve performance in challenging conditions, including extreme lighting and adverse weather, ensuring clients achieve optimal results from their imaging systems.

Alto

Series B in 2021
Alto is a ridesharing service that provides on-demand transportation using a dedicated fleet of well-maintained vehicles. Each driver is an employee of the company, ensuring they are thoroughly vetted and trained to deliver a consistent and professional experience for riders. Alto's innovative app and in-car technology allow members to customize their rides, including options for music selection and climate control. The company, founded in 2018 and headquartered in Dallas, Texas, aims to offer safe and sanitized rides, making it easy for customers to book private transportation. Alto initially launched its services in Dallas and has plans to expand to additional cities across the United States.

Cabana

Series A in 2021
Cabana operates a fleet of upscale, custom-made mobile hotel rooms designed to provide travelers with flexibility and comfort. Utilizing 2019 Ford Transit vans, the company offers a unique lodging experience that combines luxury amenities with the freedom to travel anywhere. Each mobile hotel room is thoughtfully designed with high-quality features such as a comfortable bed, ample storage, and a bathroom, all tailored for an optimal stay in a compact space. Cabana enhances the travel experience through its technology-enabled app, which allows users to reserve, check in, and check out of their accommodations without the need for in-person interactions. This approach not only offers the convenience of traditional lodging but also embodies the essence of luxury van life, enabling travelers to enjoy a premium experience on the road.

ARRIS

Series C in 2021
ARRIS specializes in additive molding technology for creating advanced performance composites tailored for mass-market applications such as aerospace, automotive, and consumer products. The company’s innovative manufacturing process focuses on the precise alignment of continuous carbon fibers, allowing for the integration of electronic components and multifunctional materials into a single, topologically optimized part. This technology enables clients to leverage high-performance composites, enhancing the capabilities and efficiency of their products while meeting the demands of modern manufacturing.

Refraction AI

Seed Round in 2021
Refraction AI, Inc. is an autonomous delivery robot company based in Ann Arbor, Michigan, founded in 2017. The company focuses on building and deploying robotic platforms designed for last-mile goods delivery in urban environments. Its primary product, the REV-1, autonomously navigates urban settings using a combination of cameras, radar, and ultrasonic sensors. The robot is capable of picking up items from restaurants, pharmacies, and grocery stores, delivering them directly to customers' homes. This service aims to provide a faster, cheaper, and safer delivery option, addressing the growing demand for efficient logistics solutions. Additionally, the robots can be remotely monitored and teleoperated, ensuring operational flexibility in diverse weather conditions.

Hayden AI

Seed Round in 2021
Hayden AI focuses on developing artificial intelligence and machine learning technologies aimed at enhancing urban mobility and safety. The company specializes in automated enforcement solutions for dedicated bus lanes and bus stops, which are designed to expedite public transit and improve the overall quality of life in urban areas. By leveraging advanced technology and a network of mobile devices, Hayden AI works to create safer and smarter cities. Its platform enables clients to utilize AI-powered tools that can detect and analyze traffic incidents, contributing to more efficient traffic management and fostering a sustainable urban environment.

Carputty

Seed Round in 2020
Carputty is a consumer automotive startup that specializes in providing straightforward car loan services. Founded in 2020 by Patrick Bayliss and Joshua Tatum, the company offers a flexible line of auto credit designed to simplify the financing process for customers. Utilizing a proprietary predictive valuation tool, Carputty helps clients understand the optimal times to buy and sell their vehicles, encouraging them to view their cars as valuable assets. This transparent and user-friendly approach allows customers to access auto loans with ease, whether for refinancing, purchasing, or leasing vehicles.

Gatik

Series A in 2020
Gatik is a startup focused on developing autonomous technology for light and medium-duty trucks aimed at business-to-business short-haul logistics. Founded in 2017 and headquartered in Mountain View, California, the company specializes in artificial intelligence and automotive solutions tailored for the logistics sector. Gatik's software is designed for SAE Level 4 autonomous commercial vehicles, including trucks and vans in Classes 3 to 7. This technology facilitates middle-mile logistics, allowing customers to efficiently manage scheduled deliveries and optimize their supply chain operations.

ARRIS

Series B in 2020
ARRIS specializes in additive molding technology for creating advanced performance composites tailored for mass-market applications such as aerospace, automotive, and consumer products. The company’s innovative manufacturing process focuses on the precise alignment of continuous carbon fibers, allowing for the integration of electronic components and multifunctional materials into a single, topologically optimized part. This technology enables clients to leverage high-performance composites, enhancing the capabilities and efficiency of their products while meeting the demands of modern manufacturing.

Forager

Series A in 2020
Forager is a venture-backed innovator in the cross-border logistics industry. With a combination of cutting-edge technology and decades of industry experience, the company tackles the problems cross-border shippers are facing with technology-focused solutions and years of logistics experience. It also delivers seamless and modern transportation solutions for its customers. The company also features an easy-to-use web-based transportation management platform to bring a higher level of service to the industry. Forager was founded in 2018 and is headquartered in Chicago, Illinois.

ARRIS

Venture Round in 2020
ARRIS specializes in additive molding technology for creating advanced performance composites tailored for mass-market applications such as aerospace, automotive, and consumer products. The company’s innovative manufacturing process focuses on the precise alignment of continuous carbon fibers, allowing for the integration of electronic components and multifunctional materials into a single, topologically optimized part. This technology enables clients to leverage high-performance composites, enhancing the capabilities and efficiency of their products while meeting the demands of modern manufacturing.

ARRIVE

Venture Round in 2020
ARRIVE specializes in enhancing mobility through innovative parking solutions. The company offers a seamless mobility experience that predicts and recommends optimal parking options for various journeys. Its services extend to smart parking and connected mobility through apps, websites, voice platforms, and in-vehicle integrations. ARRIVE collaborates with a diverse range of clients, including smart cities, automakers, fleet operators, and venues, in addition to operating its consumer brands, ParkWhiz and BestParking. ParkWhiz, founded in 2006, simplifies the parking process by enabling users to find and book daily, monthly, and event parking via a web or mobile app. It allows customers to compare prices, locations, and amenities, providing reviews to facilitate informed decisions. With access to over one million parking spots across North America, ParkWhiz introduces a more efficient method for drivers to secure parking without the hassle of searching.

Teraki

Series A in 2019
Teraki GmbH, founded in 2014 and based in Berlin, Germany, specializes in software solutions that enhance data management for insurance, predictive maintenance, and autonomous driving applications. The company's platform facilitates access to high-quality data while ensuring low-latency performance, which is crucial for meeting strict service level agreements. Teraki's technology supports various applications, including usage-based insurance, fleet management, and advanced driver assistance systems. By focusing on edge processing and artificial intelligence, Teraki enables clients to build, train, and improve sensor-driven AI models, automating the training process and enhancing accuracy. This innovative approach allows for efficient selection of relevant sensor information on low-power hardware, making previously impossible applications feasible within the automotive sector.

Wrench

Series C in 2019
Wrench, Inc. is a mobile auto repair service provider that specializes in offering car and truck repair services directly at customers' homes and offices. Founded in 2015 and headquartered in Seattle, Washington, the company operates in multiple states, including Arizona, California, Florida, Georgia, Illinois, Nevada, North Carolina, Oregon, Tennessee, Texas, and Washington. Wrench offers a comprehensive range of services, including alternator and battery replacement, brake repair, oil and filter changes, diagnostic services, and more. Customers can conveniently book appointments online, making the process accessible and efficient.

Zippity

Seed Round in 2019
Zippity LLC, founded in 2015 and based in Boston, Massachusetts, specializes in onsite car maintenance and repair services. The company operates an innovative platform that allows customers to schedule various automotive services, such as tire changes, detailing, brake work, and more, at their home or workplace. Zippity provides a unique B2B operating system tailored specifically for the mobile automotive industry, enhancing the customer experience across multiple service segments. By offering the convenience of mobile garage services, Zippity aims to alleviate the difficulties associated with car ownership, enabling mechanics to perform comprehensive maintenance directly at the vehicle's location.

Car Body Lab

Venture Round in 2019
Car Body Lab, Inc. specializes in mobile auto repair services, focusing on auto body repair, auto body paint, and paintless dent removal. Founded in 2017 and headquartered in Miami Beach, Florida, the company operates throughout multiple regions including California, Florida, and Texas. Car Body Lab connects customers with certified technicians who arrive in mobile vans, allowing for convenient repairs at the customer's location, such as driveways or private parking spaces. The company's platform aims to provide an efficient and cost-effective solution for addressing various types of vehicle damage, including scratches, scuffs, dents, and cracks.

Car IQ

Series A in 2019
Car IQ Inc. is a San Francisco-based company that specializes in a cloud-based vehicle management platform and payment gateway tailored for auto dealer groups, car sharing services, and autonomous drivers. Founded in 2016, the company has developed an automotive-grade payment solution that allows vehicles to initiate payments directly to merchants without the need for credit cards. By leveraging telematics and vehicle data, Car IQ's platform provides detailed insights into fleet operations, enabling clients to monitor transactions and prevent fraud effectively. The platform integrates seamlessly with existing technologies, consolidates all transactions into a single ledger, and facilitates management of spending, customer service, and inventory.

DigiSure

Venture Round in 2019
DigiSure is focused on becoming a leader in trust, safety, and insurance for digital businesses, particularly in mobility marketplaces. By providing on-demand insurance services, the company aims to empower its partners with unprecedented access to user data, enabling them to manage their insurance ecosystems effectively. Founded in 2018 by experienced professionals from the insurance, mobility, and sharing economy sectors, DigiSure leverages connected data and automation to enhance risk management, making it more transparent and responsive. The company's platform includes services such as screening, insurance management, and claims processing for mobility and short-term rental operators. Based in San Francisco, DigiSure aspires to create a safer, more secure, and environmentally friendly world by reimagining insurance for future mobility.

Alephee

Seed Round in 2019
Aleph is a company that provides a cloud-based platform aimed at enhancing e-commerce for brands, particularly in the Aftermarket Automotive industry. It facilitates visibility into online sales across various marketplaces, including Mercado Libre, Amazon, and Shopee. By enabling brands to connect with resellers, Aleph allows for the sharing of catalogs and inventory, which helps increase sales and market share while optimizing logistics costs. The platform standardizes distributor catalogs and integrates supply and online sales processes, allowing companies to list their products on e-commerce sites and receive automatic updates on stock and pricing. This comprehensive approach connects the commercial chain, ultimately driving revenue growth for its users.

ARRIVE

Series D in 2018
ARRIVE specializes in enhancing mobility through innovative parking solutions. The company offers a seamless mobility experience that predicts and recommends optimal parking options for various journeys. Its services extend to smart parking and connected mobility through apps, websites, voice platforms, and in-vehicle integrations. ARRIVE collaborates with a diverse range of clients, including smart cities, automakers, fleet operators, and venues, in addition to operating its consumer brands, ParkWhiz and BestParking. ParkWhiz, founded in 2006, simplifies the parking process by enabling users to find and book daily, monthly, and event parking via a web or mobile app. It allows customers to compare prices, locations, and amenities, providing reviews to facilitate informed decisions. With access to over one million parking spots across North America, ParkWhiz introduces a more efficient method for drivers to secure parking without the hassle of searching.

Wrench

Series B in 2018
Wrench, Inc. is a mobile auto repair service provider that specializes in offering car and truck repair services directly at customers' homes and offices. Founded in 2015 and headquartered in Seattle, Washington, the company operates in multiple states, including Arizona, California, Florida, Georgia, Illinois, Nevada, North Carolina, Oregon, Tennessee, Texas, and Washington. Wrench offers a comprehensive range of services, including alternator and battery replacement, brake repair, oil and filter changes, diagnostic services, and more. Customers can conveniently book appointments online, making the process accessible and efficient.

Zippity

Seed Round in 2018
Zippity LLC, founded in 2015 and based in Boston, Massachusetts, specializes in onsite car maintenance and repair services. The company operates an innovative platform that allows customers to schedule various automotive services, such as tire changes, detailing, brake work, and more, at their home or workplace. Zippity provides a unique B2B operating system tailored specifically for the mobile automotive industry, enhancing the customer experience across multiple service segments. By offering the convenience of mobile garage services, Zippity aims to alleviate the difficulties associated with car ownership, enabling mechanics to perform comprehensive maintenance directly at the vehicle's location.

Motorq

Seed Round in 2018
Motorq, LLC is a developer of a cloud-based interoperability software platform that facilitates access to connected vehicle data and analytics for enterprises such as fleets, insurance companies, and government agencies. Founded in 2016 and headquartered in the San Francisco Bay Area, the company aims to enhance operational efficiency and expand service offerings for its clients. Motorq's platform utilizes machine learning to integrate and analyze data from various connected car systems, providing actionable insights that help vehicle manufacturers and fleet management companies optimize customer experiences and improve product offerings. By enabling collaboration between original equipment manufacturers (OEMs) and device makers, Motorq supports enterprises in adapting to the evolving landscape of mobility.

Divergent

Series B in 2017
Divergent Technologies, Inc. specializes in the development and manufacturing of 3D printed vehicles. Founded in 2014 and based in Los Angeles, California, the company has established a strategic partnership with PSA Group. Divergent has created the Divergent Adaptive Production System (DAPS™), an innovative software-hardware system that enables customers to design, additively manufacture, and automatically assemble complex structures for various applications, including automotive, aerospace, and defense. This system aims to enhance the efficiency and sustainability of the manufacturing process by optimizing designs, reducing material usage, and minimizing upfront capital expenditures. By eliminating traditional tooling requirements, Divergent seeks to drive innovation and sustainability within the vehicle manufacturing sector.

Teal Drones

Series A in 2017
Teal Drones, Inc. is a manufacturer of advanced production drones, focusing on both consumer and enterprise applications. Established in 2015 and located in Salt Lake City, Utah, the company designs and builds its own hardware and software platforms. Its flagship product, Teal One, is recognized for its exceptional performance, offering users a premium flight experience complemented by innovative features such as a modular design, onboard supercomputer, and versatile control options. Teal Drones caters to various industries, including gaming, augmented reality, security, inspections, e-commerce, and agriculture, providing solutions that simplify and automate drone operations. The company's systems are equipped with advanced air control technology and artificial intelligence, making them suitable for federal, state, and enterprise applications.

Teal Drones

Seed Round in 2015
Teal Drones, Inc. is a manufacturer of advanced production drones, focusing on both consumer and enterprise applications. Established in 2015 and located in Salt Lake City, Utah, the company designs and builds its own hardware and software platforms. Its flagship product, Teal One, is recognized for its exceptional performance, offering users a premium flight experience complemented by innovative features such as a modular design, onboard supercomputer, and versatile control options. Teal Drones caters to various industries, including gaming, augmented reality, security, inspections, e-commerce, and agriculture, providing solutions that simplify and automate drone operations. The company's systems are equipped with advanced air control technology and artificial intelligence, making them suitable for federal, state, and enterprise applications.
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