InMotion helps change the way we move
InMotion Ventures invests globally in technology start-ups across sectors including mobility services, data analytics, travel and lifestyle, fintech and insurtech.
The investments ranged from growth equity investments for well-known companies like Lyft to seed funding for a number of early-stage companies that will help 'change the way we move.'
The 11 companies selected this year are:
- Lyft – the fastest growing ride-sharing platform in the US, which has tripled its revenues in 2017 and launched its services in Canada
- By Miles – providing dynamically priced insurance policies for low mileage drivers based in the UK, using telematics data
- Cove – provides dynamic car-pooling services for residential developments and hotels in Hong Kong
- Dovu – uses blockchain technology to give individuals control over their personal travel data so they can earn rewards and cash incentives for sharing it
- Go Kid – innovative car-pooling app for parents
- Sheprd – a leading provider of on-demand mobility solutions for children and parents, operating their own fleet of smart school buses with approved drivers
- Splt – provides impactful solutions for employers who want to encourage employee car-pooling to meet sustainability targets
- Synaptiv – collects and processes vehicle data to support decision-making and provide analytical insight to OEMs and third parties
- Validated – enables retailers to reward loyal customers by reimbursing parking and transport costs
- Wluper – artificial intelligence-powered personal travel assistant, breaking new ground in voice recognition
- Zeelo – demand-responsive coach travel which eases travel between cities and to events
InMotion’s team of investment professionals work closely with founders and co-investors to help these businesses to achieve go-to-market products and grow rapidly.
Sebastian Peck, managing director, said: “This year has been a tremendous year for mobility and transport. A new crop of mobility companies has emerged that will provide consumers with even more choice to move from A to B.
"We completed 11 investments in less than 12 months. The pace of our investment activity reflects the overall dynamic of the sector.
"Our team of investment professionals has put InMotion firmly on the map this year, and we look forward to the opportunities 2018 brings.”
Published: 06 December 2017