Green to Further Enhances Firm's
Marketplace and Mobility Service Expertise
MENLO
PARK, Calif., Aug. 6, 2024
/PRNewswire/ -- Logan Green,
co-founder and board chairman of Lyft, has joined Autotech
Ventures, a premier venture capital firm investing across mobility
and transportation, as a venture partner. Green's experience
successfully leading Lyft from inception through hypergrowth, and
his vision for more equitable and efficient transportation
solutions, will be invaluable to Autotech as it continues to
identify and support startups revolutionizing transportation.
After co-founding Lyft as one of the first peer-to-peer
ridesharing marketplaces, Green scaled it into one of the world's
most successful transportation platforms, facilitating hundreds of
millions of rides annually. In March
2023, Green stepped back from his day-to-day
responsibilities as Lyft's CEO and moved into the role of chairman
of its board of directors. He also serves on the board of directors
of eBay Inc., one of the world's largest online marketplaces.
In joining Autotech Ventures, Green brings his extensive
experience building consumer marketplaces, scaling and leading
companies through exponential growth and creating enduring consumer
brands.
"The electrification and autonomous tidal wave is just beginning
to form, and the implications will reshape our lives, our cities
and our transportation systems," Green said. "Autotech Ventures has
the best transportation-focused ecosystem in the industry. I'm
looking forward to being a part of it and working with the next
generation of world-changing founders who are building the future
of transportation."
As a venture partner, Green will focus on identifying investment
opportunities, mentoring founders and management teams as well as
providing strategic guidance to both portfolio companies and the
Autotech Ventures team. His appointment underscores Autotech's
commitment to attracting top-tier talent and reinforcing its
position as a leader in mobility investments.
"Given Autotech's investment in Lyft and working with Logan over
the past decade, I've seen his passion for pioneering new
transportation solutions firsthand," said Quin Garcia, co-founder
and managing director of Autotech Ventures. "As a venture partner,
his entrepreneurial spirit and expertise will be critical,
especially in our marketplace and mobility services investment
practices. Logan is primed to help our portfolio companies scale
and support the next generation of mobility entrepreneurs."
Autotech Ventures is a venture capital firm with more than
$500M under management and a mission
to solve the world's ground transport challenges with technology.
The company has invested in more than 40 startup companies,
including Outdoorsy and Hayden AI, and its notable exits include
Lyft, XNOR.AI, Frontier Car Group, indie Semiconductor, Volta
Charging and Marti.
For more information about Autotech Ventures, visit
www.autotechvc.com.
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SOURCE Autotech Ventures