Bessemer Venture Partners is a prominent venture capital firm that assists entrepreneurs in establishing robust foundations for their companies. With a portfolio that includes notable names such as Pinterest, Shopify, Twilio, and LinkedIn, Bessemer focuses on investing across various sectors, including healthcare, information technology, cybersecurity, and software as a service (SaaS). The firm has a global presence, with investments in the United States, Israel, and India, and manages a substantial asset base of approximately $19 billion. Bessemer's investment approach spans from seed stage to growth, enabling them to support startups and established companies alike as they evolve and scale. The firm is recognized for its long-term commitment to its portfolio companies, having played a crucial role in the successful IPOs of numerous high-profile businesses.
Partner and Co-Founder of the Growth Investment Practice
Aia Sarycheva
Investor
Smith, Scott
Operating Partner
Robert Stavis
Partner
Ariel Sterman
Vice President
Mayo Stuntz
Operating Partner
Janice Teng
Vice President
Katherine Walker
Vice President
Bryan Wu
Partner
Brian Feinstein
Partner
Charles Birnbaum
Partner
Sakib Dadi
Vice President
Past deals in Transportation
UniUni
Series C in 2024
UniUni is a developer of a B2B delivery services platform focused on enhancing shipping solutions for e-commerce and logistics clients. The company utilizes advanced technology to automate package sorting and streamline the delivery process, ensuring that businesses can efficiently send parcels directly to consumers' doors. By offering a reliable and cost-effective last-mile delivery service, UniUni supports the growth of e-commerce enterprises in North America, enabling them to thrive in a competitive market.
GoodShip
Series A in 2024
GoodShip offers a cloud-based platform for collaboration that automates labor-intensive procurement processes. The software provided by the company provides real-time analytics on the performance of every lane and carrier, providing shippers with AI-powered insights, automated reports, and scorecards to aid in supply chain agility.
MoveInSync
Series C in 2024
MoveInSync is a leading employee commute platform based in Bangalore, India, serving over 300 clients, including 72 Fortune 500 companies. Established in 2009, the company specializes in providing reliable and sustainable commuting solutions for enterprises. MoveInSync's flagship offering, MoveInSync One, is a comprehensive employee transport solution that integrates fleet management, technology, and operations. The platform includes the SaaS solution Ion, which automates employee commuting through cabs, electric vehicles, and shuttles, while also managing corporate car rentals and workplace logistics. Additionally, the software enhances transport management by tracking cab usage, automating billing processes, and ensuring safety features for passengers. MoveInSync is recognized for its contributions to the industry, receiving multiple awards, including accolades from Deloitte and G2 for its innovative approach to employee transportation.
Klook
Series E in 2023
Klook is a prominent travel and leisure e-commerce platform that facilitates the discovery and booking of a wide variety of experiences and services for travelers. Users can explore and reserve activities such as tours, theme park tickets, cultural experiences, and adventure outings in numerous destinations. The platform also offers essential travel services, including public transport passes, airport transfers, car rentals, and SIM cards or eSIMs, ensuring seamless connectivity for users. Additionally, Klook allows travelers to book accommodations, making it a comprehensive solution for trip planning. Food enthusiasts can enhance their culinary experiences through dining reservations, food tours, and restaurant vouchers available on the platform.
Mural Health
Seed Round in 2023
Mural Health is a technology company based in Berwyn, Pennsylvania, founded in 2022, that focuses on improving participation in clinical trials. The company develops solutions aimed at simplifying the process for individuals to engage in global research studies. Mural Health specializes in three key areas: transportation services to facilitate trial access, two-way messaging for effective communication between healthcare professionals and participants, and tools for collecting participant feedback. By addressing the common obstacles associated with enrolling in and remaining in clinical trials, Mural Health seeks to enhance the overall trial experience for both patients and caregivers.
Fuel Me
Series A in 2023
Fuel Me is a cloud-based technology platform that aims to enhance the procurement process for fuel, lubricants, and related products and services, primarily serving the transportation and construction industries. The platform is designed to simplify the ordering and delivery of bulk fuel, making the process more efficient, cost-effective, and transparent for businesses. Fuel Me enables clients to manage their orders comprehensively through a reliable nationwide vendor network, ensuring a streamlined experience from initiation to delivery.
Curri
Series B in 2023
Curri, Inc. is a logistics company that specializes in on-demand delivery services for construction materials, parts, and tools. Founded in 2018 and headquartered in Ventura, California, the company offers a mobile application that allows users to easily book delivery services. Through its platform, customers can arrange orders by providing pickup and drop-off locations, after which Curri's drivers handle the collection and delivery of the materials. The service includes features such as live updates, proof-of-delivery signatures, and photos to ensure transparency and compliance. Curri's innovative approach aims to streamline the logistics process for the construction industry, providing a cost-effective solution for transporting materials from supply stores directly to job sites.
newtrul
Seed Round in 2022
Newtrul is a shipment aggregation platform founded in 2018 and based in Chicago, Illinois. The company connects shippers, brokers, and freight carriers through a centralized portal aimed at simplifying the process of truckload freight matching. By digitizing and aggregating shipment information into a spot marketplace, Newtrul enables trucking companies to easily search for and digitally book their next loads, enhancing efficiency in the freight industry.
Phantom Auto
Series B in 2022
Phantom Auto Inc. is a software company specializing in the remote operation of autonomous vehicles. Founded in 2016 and based in Mountain View, California, with an additional office in Tel Aviv, Israel, the company develops a platform that allows remote drivers to operate various vehicles, including passenger cars, forklifts, trucks, and delivery robots, from significant distances. This technology is particularly useful in challenging environments such as construction sites, adverse weather conditions, and roadside emergencies. By enabling personnel to monitor and control vehicles from remote locations, Phantom Auto enhances safety, improves labor accessibility, and boosts productivity for its clients in logistics and other sectors.
Coast
Seed Round in 2021
Coast is a developer of a card payment platform designed to make fleet and gasoline payments easier for truck drivers. The company's platform provides payment integration solutions to fleets, making fleet administration easier than traditional financial services.
Optimal Dynamics
Series A in 2021
Optimal Dynamics, Inc. specializes in artificial intelligence software aimed at enhancing logistics and supply chain operations. Founded in 2016 and based in Princeton, New Jersey, the company has developed SMART-TL, an application that automates the search for freight loads and recommends optimal matches for carriers. This technology is built on extensive research from Princeton University and is designed to provide detailed analyses, plan for uncertainties, and adapt to rapidly changing market conditions. By leveraging advanced AI, Optimal Dynamics enables logistics companies to automate processes, optimize operations, and improve overall productivity, managing billions of dollars in assets for major industry players.
Otonomo Technologies
Series C in 2020
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.
Phantom Auto
Series A in 2019
Phantom Auto Inc. is a software company specializing in the remote operation of autonomous vehicles. Founded in 2016 and based in Mountain View, California, with an additional office in Tel Aviv, Israel, the company develops a platform that allows remote drivers to operate various vehicles, including passenger cars, forklifts, trucks, and delivery robots, from significant distances. This technology is particularly useful in challenging environments such as construction sites, adverse weather conditions, and roadside emergencies. By enabling personnel to monitor and control vehicles from remote locations, Phantom Auto enhances safety, improves labor accessibility, and boosts productivity for its clients in logistics and other sectors.
Impossible Aerospace
Series A in 2018
Impossible Aerospace Corp is a manufacturer of high-performance, long-range electric aircraft tailored for first responders, including law enforcement and fire departments. Founded in 2016 and located in Santa Clara, California, the company produces the US-1, a long-duration performance aircraft, and the Air Support system, which is designed for unmanned airborne policing and emergency response. In addition to aircraft, Impossible Aerospace provides a range of services, including training, IT connectivity support, camera systems, routine maintenance, FAA certifications, and program assistance. The company's products are engineered to withstand the demanding conditions of first responder missions, making them suitable for various industrial and commercial applications requiring reliable, long-duration flight capabilities.
Otonomo Technologies
Series B in 2017
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.
Otonomo Technologies
Series A in 2016
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.
Otonomo Technologies
Series A in 2015
Otonomo is a provider of vehicle data, operating a platform that connects original equipment manufacturers (OEMs), fleets, and various service providers within a robust data ecosystem. The Otonomo Vehicle Data Platform securely ingests over 4 billion data points daily from more than 40 million vehicles, enriching and reshaping this data to facilitate the development of new services that enhance the automotive experience. The platform emphasizes privacy and neutrality, ensuring compliance with regulations such as GDPR and CCPA. It functions as a neutral intermediary, offering secure access to a wide range of data attributes that provide insights into driver behavior, vehicle health, and traffic conditions. Otonomo's solutions support diverse use cases, including emergency services, mapping, electric vehicle management, subscription services, parking, predictive maintenance, insurance, media, and smart city initiatives. The company operates primarily in the APAC and U.S. markets, generating significant revenue from the EMEA region.
Sedona Systems
Series A in 2014
Sedona Systems has developed NetFusion, a multi-layer application platform aimed at optimizing and controlling the optical and IP layers (L0-L3) of service provider networks. This platform enables service providers to achieve optically-aware IP routing and IP-informed optical switching, effectively doubling WAN capacity while enhancing agility, availability, and flexibility. By utilizing centralized open-source software, NetFusion connects seamlessly with equipment from major vendors through SDN controllers or management systems. The platform automates the management of both optical and IP resources, significantly improving operational efficiency and providing full visibility into transport and routing. As a result, Sedona Systems’ solutions can lead to substantial cost savings, potentially reducing core network expenses by up to 80% over five years.
TaxiForSure
Series B in 2014
TaxiForSure.com is an aggregator of car rentals and taxis in India. They work with various taxi operators and enable them with technology to ensure that customers get an easily accessible, safe, reliable taxi ride ‘for sure’.
Palogix Infrastructure
Venture Round in 2010
Palogix Infrastructure Pvt. Ltd. is a logistics service provider based in Kolkata, India, specializing in third-party logistics for dry and bulk cargo, including iron ore, cement, and fertilizers. The company primarily facilitates the transportation of these goods from regions such as Orissa, Jharkhand, and West Bengal to export-oriented destinations like Paradeep, Haldea, and Vizag. Palogix operates private freight terminals and rail cargo handling services, which include inland container depots and warehousing facilities, allowing for efficient and cost-effective logistics solutions. Founded in 2006, Palogix Infrastructure aims to optimize operating costs for its clients while ensuring systematic logistics services.
Nistevo
Venture Round in 2003
Nistevo is the Collaborative Logistics Network for transportation management, a hosted TMS software service. Over 1,600 retailers, manufacturers, 3PLs and carriers participate in the Network to plan, execute, settle and collaborate on more than 2.8 million inbound and outbound shipments annually.
Perfect Commerce
Series B in 2000
Perfect Commerce provides a SaaS spend management solutions and the open supplier network. The company's solutions include PerfectSource, which creates value from effective supply management; PerfectProcure, which establishes control of the procure-to-pay process; and PerfectShop, which enhances visibility of company-approved goods and services. Perfect Commerce solutions specialize in procurement operations by identifying organizational needs and requirements, as well as capturing and analyzing empirical spend and marketplace data to develop a suite of business solutions tailored to each organization's operating environment. In addition, the company's solutions include Open Supplier Network, a hosted service that connects buyers and suppliers to facilitate B2B transactions; and Commerce One Procurement tool, a behind-the-firewall solution that manages and controls the procurement and purchasing process. It serves chemicals, retail, energy, financial services, health/medical, hospitality, food products, education, manufacturing, technology, and transportation industries.
Nistevo
Venture Round in 1999
Nistevo is the Collaborative Logistics Network for transportation management, a hosted TMS software service. Over 1,600 retailers, manufacturers, 3PLs and carriers participate in the Network to plan, execute, settle and collaborate on more than 2.8 million inbound and outbound shipments annually.
Traffic.com
Venture Round in 1999
Traffic.com believe that we are a leading provider of accurate, real-time traffic information in the United States, based on the quality of our traffic data and the extent of their geographic coverage. They offer detailed traffic information, including specific speeds, travel times and delay times.
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