• SHARE Mobility

  Participated · Series A · Jun 2022

  Share Mobility builds a platform that helps companies create and schedule shuttle-based commuter routes using employer data, working with local fleet operators and salaried drivers and offering real-time vehicle tracking, dispatch teams, and a rider hotline. The product is aimed at enabling employers to expand their hiring pool and retain workers by providing transportation as an employee benefit. Founded in 2016, Share initially focused on autonomous vehicles before pivoting to mobility-as-a-service and finding product-market fit during the pandemic. The company has expanded to 11 states, serves enterprise customers across more than 2,000 locations, and customers plan to add Share-powered routes in over 100 locations this year. Financially, Share lost 96% of its revenue in 2020 but has since raised venture funding and grown again; it has raised $19 million in venture capital to date, including the new Series A. With the new capital, Share plans to add product features, expand into requested regions, increase headcount from 35 to 75 by year-end, and pursue expanded work with municipalities on fleet-based on-demand mobility programs.

• Level

  Participated · Seed · Feb 2021

  Level is a Seattle-based startup that provides revenue-based cash advances of up to $10,000 to gig-economy workers, repaid via 5%–15% of the borrower’s future marketplace earnings over roughly four months. Its typical advance is about $2,000, an amount the team says is too large for most consumer credit cards yet impactful for small, equipment-heavy freelancers on platforms such as Dolly, Porch, and SmartHop. Level differentiates itself by refunding 50% of its fee when a borrower repays within six weeks and by progressively lowering its standard fee from 10% to 7% as it scales. The company positions the credit product as the entry point to a broader suite of offerings, with insurance products slated for limited release in Q2 and wider rollout in Q3. Level views trust and low capital costs as levers to cross-sell future financial services tailored to non-traditional workers. An Employment Technology Fund–backed credit facility supports the advances, enabling the startup to fund growing demand. By creating a financing model that treats freelancers like micro-businesses, Level aims to become the financial operating system for independent workers.

No current team members are available.