AutoTech Ventures

Autotech Ventures is a Menlo Park-based venture capital firm founded in 2013, managing over $120 million to invest in startups within the expansive $3 trillion ground transportation industry. The firm focuses on early-stage investments in sectors such as mobility technology, autonomous vehicles, artificial intelligence, and electrification. Recognizing the significant changes brought about by connected, autonomous, shared, and electrified vehicles, Autotech Ventures aims to support startups by providing capital, access to an extensive network of industry contacts, market intelligence, and assistance in talent recruitment and additional fundraising. By bridging the gap between rapidly innovating startups and established corporations that scale quickly, Autotech Ventures fosters the development of the future of transportation, positioning itself at the forefront of industry transformation.

Dilara Bozyilan

Analyst

Esat Canli

Analyst

Burak Cendek

Partner

Quin Garcia

Co-Founder and Managing Director

Maurice Gunderson

Managing Director

Masahiro Suzuki

Strategic Services Partner and Director

Past deals in Motor Insurance

Mundimoto

Venture Round in 2022
Mundimoto is an online motorcycle trading platform that aims to change how individuals buy motorbikes. The company offers a comprehensive range of services, including online listings of reconditioned vehicles, installment payment options, and home delivery. Additionally, Mundimoto provides motorcycle revision services, consumer financing, and insurance, as well as the opportunity for customers to trade in their old motorcycles. This approach enables users to easily browse, finance, and purchase a diverse selection of motorbikes using their mobile devices, enhancing the overall buying experience.

Laka

Series A in 2022
Laka Ltd, founded in 2017 and based in London, United Kingdom, specializes in insurance brokerage services for bicycles, ebikes, and related accessories. The company has developed a peer-to-peer insurance platform that allows users to insure their bicycles and cycling equipment against theft, damage, and vandalism. Laka's innovative approach leverages a community-driven model, where members collectively contribute to a shared pool, ensuring that users receive fair pricing for coverage. This model not only addresses theft and loss but also offers recovery advice and support, making it a cost-effective and equitable solution for cyclists seeking insurance.

Bumper

Series A in 2021
Bumper is a financial technology company that specializes in providing interest-free installment financing solutions for car repairs and services in the UK automotive sector. Founded in 2013 and based in London, the company serves both franchise and independent drivers, as well as garages. Bumper's application simplifies the financing process, enabling drivers to manage the costs associated with vehicle maintenance and accessories more easily. By offering flexible payment options, Bumper aims to enhance accessibility to essential automotive services for customers.
High Definition Vehicle Insurance offers next-generation truck insurance- real solutions for motor carriers in a rapidly changing world. High Definition Vehicle Insurance is an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today’s fleets. At its core, the HDVI team are composed of innovators who are passionate about developing game-changing solutions that support fleets in running safe, compliant, and profitable operations.
High Definition Vehicle Insurance offers next-generation truck insurance- real solutions for motor carriers in a rapidly changing world. High Definition Vehicle Insurance is an experienced team of insurance, technology, and trucking industry experts who deeply understand the challenges of today’s fleets. At its core, the HDVI team are composed of innovators who are passionate about developing game-changing solutions that support fleets in running safe, compliant, and profitable operations.

Drover

Series B in 2020
Drover Limited operates a mobility-as-a-service platform that offers monthly all-in car subscriptions, providing an alternative to traditional car leasing, hiring, and purchasing. Founded in 2015 and headquartered in London, the company enables customers to flexibly access vehicles by allowing them to keep, swap, upgrade, or downgrade their cars as needed, without long-term commitments or high upfront costs. Drover's platform serves both end-customers and fleet partners, offering a comprehensive interface for vehicle listings and fleet management. This technology integrates various services, including telematics, predictive maintenance, electronic driver onboarding, and insurance, creating a seamless experience for both drivers and vehicle suppliers. By bridging the gap between short-term rental and long-term leasing, Drover aims to enhance customer mobility while optimizing vehicle inventory for its partners.

Digital Motors

Venture Round in 2020
Digital Motors Corporation develops a software-as-a-service (SaaS) based car-buying platform for auto retailers, dealerships, brands, and manufacturers. Its platform provides trade-in estimates based on user dealership's preferred data provider and automatically applies values to the payment structure; and instant transactable payment quotes including vin-specific rebates and incentives. It also offers F&I products to purchase online, driving margins, and higher take rates; instant credit approval from user dealership's preferred lenders with configurable dealer reserves; and allow customers to select delivery options, ranging from in-store to home or office delivery. The company was founded in 2018 and is based in Irvine, California.

Fixico

Venture Round in 2019
Fixico is a fast-growing company reinventing the automotive damage repair space, both in the consumer and business markets. Our platform digitises and streamlines the car damage repair handling process, and is used by car – fleet owners and insurers to boost customer satisfaction, reduce cycle time and quickly obtain, compare and select the best offer for car damage repair. Fixico is currently active in the Netherlands, Belgium, and Germany and operates a network of 2,000 high-quality repair shops and has processed more than 200,000 damages to date. We are passionate, innovative, move fast and break things. Our team aims for the best, challenges the status quo and enjoys growing Fixico every single day. If you ’re looking to join our talented team, please shoot us a message. For consumers: Fixico.nl – Fixico.be – Fixico.de For business partners: fixico-business.com For talents: https: fixico.recruitee.com
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