MassChallenge
MassChallenge is a global nonprofit startup accelerator headquartered in Boston, Massachusetts, founded in 2009. It supports early-stage entrepreneurs from various industries, including technology, healthcare, and finance, by providing mentorship, resources, and networking opportunities. With locations in countries such as Israel, Mexico, Switzerland, and Texas, MassChallenge operates a non-equity model, allowing startups to retain full ownership while benefiting from expert guidance and connections. The accelerator conducts various programs tailored to specific sectors, such as MassChallenge HealthTech and MassChallenge FinTech, which facilitate partnerships between startups and established enterprises to drive innovation and market growth. Through its extensive global network, MassChallenge aims to strengthen the innovation ecosystem and empower high-potential startups to create meaningful impact.
Urban Connect
Seed Round in 2020
Urban Connect is a corporate mobility platform offering company employees access to a fleet of low-carbon, shared vehicles like e-bikes, bikes, e-scooters and e-cars. The offering is structured as a mobility-as-a-service (MaaS) solution. The company services large blue chip clients like Roche, Avaloq, Hilti, Sonova or Zurich Insurance. The team is composed of a number of people from different nationalities & backgrounds, all with the common goal of helping companies reduce their carbon and space footprints.
ElecTrip
Non Equity Assistance in 2019
ElecTrip utilizes low operating cost EVs to provide a no-compromise travel experience throughout Texas. Starting at $250, our experienced drivers pick up our clients in Tesla Model X vehicles with WiFi-allowing a team of up to 5 work during the trip. In any major Texas city, our custom pick-ups reduce the overall travel time by 30 minutes when compared to flying. In summary, our product is lower in cost, offers more comfort, and reduces travel time.
goUrban
Non Equity Assistance in 2018
GoUrban operates as a comprehensive mobility platform designed to enhance the management and efficiency of various transportation options, including cars, scooters, and mopeds. By offering a system that allows operators to streamline their operations, GoUrban focuses on optimizing fleet performance and minimizing unnecessary costs. The company specializes in providing affordable electric vehicle rental services, featuring compact, fully electric scooters that can be parked in diverse locations. This flexibility increases fleet availability and improves customer experiences while promoting sustainability by reducing CO2 emissions and optimizing parking space utilization. Overall, GoUrban aims to deliver safe, convenient, and eco-friendly transportation solutions for modern urban mobility needs.
TripBuddy
Non Equity Assistance in 2018
TripBuddy is a software development company that specializes in creating a mobile application for ride-sharing. The platform is designed to connect individuals, particularly students without access to cars, who share common travel destinations. By facilitating carpooling and enhancing connectivity among users, TripBuddy aims to provide a convenient and efficient transportation solution. The company focuses on addressing the challenges of commuting and traffic by promoting shared travel options.
Bussi is a transportation network that gives the possibility to transport groups in a Van, linking people with same routes. we make dynamic routes based on traffic behavior and people destination. Through a platform that gives unique user experience to people who wants to move between hard dense urban points to jobs and principal places in main cities with a mobile app. Our goal is to give an affordable cost service atmosphere with help crowdsourcing and on demand service.
Carengo is a Peer-to-peer carsharing service: existing car owners make their car available for others to rent for short periods of time through a digital platform. Carengo provide its users 3 main benefits: 1) Affordable prices. 2) Simplicity of usage. 3) Vast selection of cars concentrated in the desired area.
Wheels Social
Grant in 2017
Wheels is the social network of Sustainable Mobility that allows you to share trips in private vehicles, taxi services or bicycle plans, to go to the university, work, home or wherever you want.
UMo - Urban Mobility
Grant in 2017
UMo is an information technology company. They reduce private car use while increasing the use of sustainable urban mobility; walking, cycling, public transport, and carpooling. They track transportation behavior using mobile devices, IoT networks, city data, and 3rd parties.
CITY TRANSFORMER
Non Equity Assistance in 2016
CITY TRANSFORMER is a revolutionary automotive company that developed a patented mechanism of a shape-shifting car’s chassis. This mechanism enabled the company to create a two-seater electric mini vehicle that could change its width while driving, transforming from a fast balanced width of 1.4m that can run 90km/h on open roads to a width of 1m that can maneuver smoothly like a motorcycle through heavy traffic and park easily in spaces where other mini cars unable to use. CITY TRANSFORMER's vision is to reclaim cities back to people and remove big size cars out of the urban areas. Compared to an average full-sized electric vehicle, City Transformer is at least X2 more energy efficient, 75% smaller in weight and footprint and saves 80% in battery weight. City Transformer has the smallest environmental and physical footprint possible for an effective and practical urban vehicle.
Compare and Share
Grant in 2015
Compare and Share aims to open up the Sharing Economy via a one-stop shop for a growing global market who want to access goods on-demand rather than own them. With over £3.5 tn idle assets worldwide and 7,700 sharing sites there was no way to access or compare them. Users had to trawl each site, to find what they needed. 40% of the population say they would trade shared assets, if it were easy. Compare and Share helps these users access a world of Sharing Economy goods and services in one place. The Sharing Economy is valued at $15 bn globally, with 28% of adults participating. 40% say they would if it were easy. The market is driven by 25-34 year olds ‘Gen Share’ an addressable market of 2.68 billion. We have 32 paying car sharing and accommodation affiliates including 90% of the UK car sharing market and an inventory of over 1.4 million properties worldwide. Our Sharing Economy Directory lists 7,700 sharing sites. With minimal marketing spend, we already have 12,000 users per month.
SpotLight Parking
Grant in 2015
Spotlight is a mobile application that allows users to request valet service at the push of a button. When you simply want to just get where you need to be without a hassle, drop a "pin" to request valet service, and if in range of a Spotlight ‘Hotspot’, a Spotlight Parker will arrive and pick up your car within minutes. When you want your car returned, simply tap ‘pick up’ and your car will be delivered to the nearest ‘Hotspot’. Spotlight will revolutionize the way we think about parking.
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