The Logistics of Logistics The VC Perspective with Burak Cendek
Burak Cendek and Joe Lynch discuss the VC perspective - in other words, how venture capitalists view opportunities in the transportation and logistics industry. Burak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm with more than $400M under management.
About Burak CendekBurak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm on a mission to solve the world's ground transport challenges with technology, realizing the next frontier in mobility. Burak has worked with more than 200 entrepreneurs over the course of his career. His broad business and technical experience position him as an expert on growth strategies, financial/business modeling, and fundraising. As a partner at Autotech Venture, Burak oversees investments relating to fintech, SaaS, and supply chain/logistics. Most recently, prior to joining Autotech Ventures, Burak was a junior partner at Revo Capital, investing in B2B SaaS businesses in Europe. Burak earned a Bachelor of Science degree in Electrical Engineering at California Institute of Technology (Caltech) and a Master of Business Administration at the University of Chicago's Booth School of Business.
About Autotech VenturesAutotech Ventures is an early-stage venture capital firm with more than $400M under management to date and a mission to solve the world's ground transport challenges with technology, realizing the next frontier in mobility. Autotech is a team of experienced entrepreneurs, operators and technologists; investors with a world-class transport community and decades of ground transport experience. With its our founder-first philosophy, Autotech invests globally in seed through series C startups solving ground transport challenges related to connectivity, autonomy, shared-use, electrification, and digitization of enterprise. The team is excited about deep-tech, Autonomous, AI, and semiconductors, and business model innovations in marketplaces, fintech and SaaS, among other things. When Autotech finds the right opportunity, they're willing to make an initial investment of $1M-$8M as a lead or follow-on investor.
Key Takeaways: The VC Perspective- Burak Cendek is a Partner at Autotech Ventures, an early-stage venture capital firm with more than $400M under management.
- In the podcast interview, Joe and Burak discuss the VC perspective – in other words, how venture capitalists view investment opportunities in the transportation and logistics industry.
- Burak discussed some of the areas that interest Autotech Ventures and some of their recent investments which include:
- Newtrul has created a digitally connected experience for shippers, brokers, and carriers.
- BasicBlock's industry-leading software and financial services allow independent truck drivers to spend less time worrying about cashflow and more time focused on the road.
- KlearNow has simplified global customs clearance and drayage functions.
- High Definition Vehicle Insurance (HDVI) created Shift, the first dynamically priced insurance product that enables fleets to reduce the cost of their monthly premiums within their policy term.