FM Capital (Transportation Tech)
Overview
FM Capital is a venture firm focused on transforming transportation. We partner with entrepreneurs to advance cleaner, safer, and more efficient movement of people and goods — while also reimagining the customer and dealer experience in vehicle sales and service. Our proprietary sourcing process delivers high-quality deal flow while our hands-on engagement with management teams helps drive long-term portfolio performance. FM Capital is led by industry veterans with deep operational and investment expertise across the automotive and mobility landscape. FM Capital's investment focus is primarily on early to mid-stage companies across a range of transportation technologies, including: AI and SaaS supporting dealership operations, aftermarket services and remarketing; autonomy and robotics, connectivity and fleet management, and new energy transition. The firm identifies trends and partners with teams who are both reinventing the movement of people and goods as well as redefining how transportation services are delivered and consumed.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Omni Design Technologies | Mar 2026 | Series A | Lead |
| EPIC | Oct 2025 | Series A | Lead |
| Outrider | Oct 2024 | Series D | Co-investor |
| Element Energy | Nov 2023 | Series B | Co-investor |
| Outrider | Jan 2023 | Series C | Lead |
Key People
Mark Norman
Managing Partner
Jake Sigal
Technology Operating Partner
Joe Hinrichs
Venture Partner, Advisor
Ron Frey
Venture Partner
Massimo Baldini
Strategic Advisor Technology Partner
Zachary Freed
Principal
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.