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fontinalis.com

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Investments

77

Portfolio Exits

18

Funds

4

Partners & Customers

1

About Fontinalis Partners

Fontinalis Partners offers collective expertise in product management, domestic and cross-border expansion, government relations, and the capital markets. The company's senior partners are well-known within the transportation, finance, and communications industries and have worked on domestic and international projects in more than fifty countries around the world. It brings experience in structuring transactions, due diligence, capital structure, and corporate strategies.

Fontinalis Partners Headquarter Location

1600 Woodward Ave

Detroit, Michigan, 48226,

United States

313-202-3377

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Latest Fontinalis Partners News

Bill Ford’s VC firm closes $104 million to spend on the next generation of transportation startups

Aug 30, 2021

Fontinalis Partners is a Detroit-based venture capital firm focused on next-generation mobility founded by Ford Motors chairman Bill Ford. But Fontinalis is not currently affiliated with Ford Motor Company. Founded over a decade ago, Fontinalis supports entrepreneurs who are boldly reshaping mobility. The firm also invests as a strategic partner across all facets of the world’s mobility systems on a stage- and size-agnostic basis. Looking at the future of mobility, Fontinalis Partners says the way people and goods move is fundamentally going to change and the company is “betting on that change.” Fontinalis Partners recently closed on its third funding round to invest in the next generation of transportation startups. In a Medium post  by Fontinalis partner Chris Stallman, Fontinalis said it has raised a $104 million early-stage fund (Fontinalis III) to back the next generation of entrepreneurs shaping the efficient movement of all forms. With Fontinalis III fund, Fontinalis aims to continue to invest in early-stage companies spanning seed, Series A, and Series B. “We want to partner with the absolute best companies out there that have the potential to shape the world’s movement for decades to come,” Chris Stallman said. Fontinalis was founded in 2009 by Bill Ford who also serves as the Executive Chairman of Ford Motor Company. Today, Fontinalis manages approximately $270 million of committed capital and an active portfolio of approximately 40 investments. Fontinalis is led by partners Bill Ford, Ralph Booth, Laura Petterle, Chris Cheever, and Chris Stallman. Since its inception 11 years ago, Fontinalis has invested in 55 mobility companies and tech startups. In an interview with Business Insider, partners Chris Cheever and Chris Stallman shared some insights on what might attract their next investment. “A lot of teams that were part of first-generation success stories in the mobility space are starting to spin out and create the next companies that are coming up,” Chris Stallman, a partner at the firm, Fontinalis, told Insider. “Being able to build off of those is really exciting for us because there are a lot of founders that bring a lot of relevance and experience in this space. It’s a different profile to what we’re investing in today, and it’s favorable going forward as well.” Some of the noteworthy of the 55 companies in Fontinalis portfolio include the food-delivery service Postmates (later acquired by Uber), the ride-hailing giant Lyft, and the driverless truck startup Gatik, among others. Fontinalis says it received as many as 1,500 applications from startups every year. The company also invests an average of $3 million to $10 million in Series A and Series B rounds for early-stage companies and $100,000 to $500,000 in seed rounds. 0

Fontinalis Partners Investments

77 Investments

Fontinalis Partners has made 77 investments. Their latest investment was in Nano-C as part of their Unattributed VC on September 9, 2021.

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Fontinalis Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/24/2021

Unattributed VC

Nano-C

$8.51M

No

1

5/19/2021

Unattributed VC

FreightWaves

$16M

No

8VC, Erik Levy, Kayne Partners, Prologis Ventures, Revolution Rise Of The Rest Seed Fund, and Triangle Peak Partners

2

3/12/2021

PIPE

Ouster

$100M

No

Cox Automotive, and WWJR Enterprises

2

2/22/2021

Series A

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$99M

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10

1/27/2021

Seed VC

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$99M

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10

Date

9/24/2021

5/19/2021

3/12/2021

2/22/2021

1/27/2021

Round

Unattributed VC

Unattributed VC

PIPE

Series A

Seed VC

Company

Nano-C

FreightWaves

Ouster

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Amount

$8.51M

$16M

$100M

$99M

$99M

New?

No

No

No

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Co-Investors

8VC, Erik Levy, Kayne Partners, Prologis Ventures, Revolution Rise Of The Rest Seed Fund, and Triangle Peak Partners

Cox Automotive, and WWJR Enterprises

Sources

1

2

2

10

10

Fontinalis Partners Portfolio Exits

18 Portfolio Exits

Fontinalis Partners has 18 portfolio exits. Their latest portfolio exit was Unfolded on May 20, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/20/2021

Acquired

6

3/11/2021

Reverse Merger

$991

4

12/23/2020

Acquired

7

00/00/0000

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10

00/00/0000

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10

Date

5/20/2021

3/11/2021

12/23/2020

00/00/0000

00/00/0000

Exit

Acquired

Reverse Merger

Acquired

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Companies

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Valuation

$991

Acquirer

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Sources

6

4

7

10

10

Fontinalis Partners Fund History

4 Fund Histories

Fontinalis Partners has 4 funds, including Fontinalis Capital Partners III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/19/2021

Fontinalis Capital Partners III

$104M

5

7/13/2016

Fontinalis Capital Partners II

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$99M

10

6/18/2010

Fontinalis Mobile Technologies LP

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$99M

10

Fontinalis Capital Partners I LP

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$99M

10

Closing Date

8/19/2021

7/13/2016

6/18/2010

Fund

Fontinalis Capital Partners III

Fontinalis Capital Partners II

Fontinalis Mobile Technologies LP

Fontinalis Capital Partners I LP

Fund Type

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Status

Amount

$104M

$99M

$99M

$99M

Sources

5

10

10

10

Fontinalis Partners Partners & Customers

1 Partners and customers

Fontinalis Partners has 1 strategic partners and customers. Fontinalis Partners recently partnered with Zendrive on May 5, 2015.

Date

Type

Business Partner

Country

News Snippet

Sources

5/22/2015

Partner

Zendrive

United States

Zendrive Uses Mobile Phones as Sensors To Reinvent The Accuracy of Auto Insurance In Partnership With Guild - Fontinalis Partners, LLC

Zendrive , a company backed by First Round Capital , BMW i Ventures and Bill Ford 's Fontinalis Partners is partnering with Guild to create a new kind of auto-insurance targeted at drivers using on-demand platforms like Uber and Lyft .

1

Date

5/22/2015

Type

Partner

Business Partner

Zendrive

Country

United States

News Snippet

Zendrive Uses Mobile Phones as Sensors To Reinvent The Accuracy of Auto Insurance In Partnership With Guild - Fontinalis Partners, LLC

Zendrive , a company backed by First Round Capital , BMW i Ventures and Bill Ford 's Fontinalis Partners is partnering with Guild to create a new kind of auto-insurance targeted at drivers using on-demand platforms like Uber and Lyft .

Sources

1

Fontinalis Partners Team

4 Team Members

Fontinalis Partners has 4 team members, including current Chief Financial Officer, Laura Petterle.

Name

Work History

Title

Status

Mark A Schulz

Founder

Current

Laura Petterle

Chief Financial Officer

Current

Ralph H. Booth

Founding Partner

Current

William Clay Ford

Founding Partner

Current

Name

Mark A Schulz

Laura Petterle

Ralph H. Booth

William Clay Ford

Work History

Title

Founder

Chief Financial Officer

Founding Partner

Founding Partner

Status

Current

Current

Current

Current

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