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The Venture Codex

Shock Ventures

5425 Discovery Park Blvd. Suite 201, Williamsburg, Virginia, 23188, United States

Overview

We are a like-minded group of advisors and investors that leverage the power of community to create lasting value for early stage startups in the mobility vertical.

Total investments
3
Lead investments
0
Investments · 12mo
1
Active investors
2

Sector focus

  • Automotive
  • Autonomous Vehicles
  • Ride Sharing
  • Robotics
  • Space Travel
  • Supply Chain Management
  • Transportation
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Investment portfolio

  • Segtax

    Participated · Equity · Jan 2026

    Segtax is a real-estate accounting startup focused on modernizing the traditionally manual processes of cost segregation studies and related tax workflows. The platform is used by real-estate investors, CPAs, and other partners to improve bookkeeping speed and accuracy, aiming to unlock margin improvements through automation and AI-driven tools. After just over a year in operation, the company reports strong market demand for its product and has begun expanding its team to meet customer growth. Management plans to channel new capital into both product development and additional hiring. Although specific revenue or user figures were not disclosed, the company cites growing adoption among target customers. Leadership has expressed confidence in sustaining momentum through continued technological enhancements and market penetration.

  • Treepz

    Participated · Equity · Feb 2023

    Treepz is a Nigerian-based mobility startup offering vehicle rental services for businesses and commuter transport solutions across African markets. Over the past year the company expanded into Uganda, Ghana and now Kenya, where it operates in Nairobi and Mombasa. Treepz raised an additional $1.2 million through strategic investment deals over the last 12 months to support the expansion. Investors in the funding round included GIIG Africa Fund, MoAngels, Roselake VC, Unpopular VC, Goodwater Capital and BKR Capital. Follow-on investments came from existing backers ShockVentures, Winston Limited, Aston Investments and Novum Actus. Treepz has signed corporate and institutional customers such as Twiga Foods, Abacus Schools, OAK House School and Diamond Trust Bank, and appointed Samar Patel as Kenya country manager to drive local growth. Treepz operates three core verticals: Daily Treepz (intracity fixed-route rides with seat reservations and a digital wallet), Travel Treepz (intercity bus aggregation), and corporate bookings. The company has expanded by acquiring operators, including Ghana’s Stabus and Uganda’s Ugabus, the latter giving Treepz access to ~70% of Uganda’s bus operators and around 50,000 customers. Intracity trips are the majority of usage, with customers spending an average of $2–$3 per day. Treepz says its technology functions as an inventory and operations-management system for bus operators, positioning it as a tech partner to drive growth. The company plans to consolidate positions in West and East Africa next year, targeting expansions into Tanzania, Burundi and Ethiopia from its Nigerian base. Treepz has also received strategic capital from Google’s African Investment Fund to support aggressive expansion of its ride-sharing and intercity ticketing services. Plentywaka operates a mobile app connecting users to more than 900 vehicles (cars, vans and buses) through intrastate (Dailywaka) and interstate (Travelwaka) services. Since going live in September 2019 the company says it has acquired over 80,000 users and completed up to half a million rides. The startup has set up its headquarters in Canada while maintaining operations in Nigeria across 21 cities. As part of regional expansion it fully acquired Ghanaian mobility startup Stabus and rebranded it Plentywaka Ghana, bringing an additional 12,000 users and a track record of moving over 100,000 people in Accra. Some of the former Stabus customers include multinationals MTN and GB Foods. Plentywaka plans to launch in Accra on September 16 and aims to replicate expansion in six other African countries within 24 months while raising a Series A to fund that growth. Plentywaka is a bus-booking startup that launched in Lagos in September 2019 and provides scheduled commuter bus services. Since launch it has completed over 100,000 rides across seven routes and amassed more than 40,000 customers. The company is expanding to Abuja, where it plans to launch five routes and offer a week of free travel at launch. Plentywaka raised $300,000 in a pre-seed round to fund that expansion and broader growth. The funding will be used to improve mapping technology on Android and iOS, enhance customer experience, introduce better payment options, and expand into other Nigerian states. The company also operates Staff Bus Solutions and a same-day delivery offering, Logistics by Plentywaka, and is a subsidiary of the newly renamed EMFATO Holdings (formerly CrowdyVest Holdings).

Team

  • Tim Saumier

    Co-Founder and Managing Director

    LinkedIn
  • Aaron Swinton

    Co-Founder and Managing Director

    LinkedIn