Toronto, ON – August 21, 2017
GreenSky Capital Inc. is pleased to announce that its affiliated venture funds, the GreenSky Accelerator Fund I and II have made a USD$500,000 investment as part of a follow-on Seed round in JDH EcoService Inc. (“EcoService”).
EcoService provides car share operators (“CSOs”) with on-the-ground service and operational support, including washing vehicles, moving them, and filling them up with gasoline. Through a combination of intelligent software and standardized processes, EcoService provides a high-quality, efficient and consistent level of service for car share operators’ vehicles across North America.
William Tang, EcoService CEO, said: “We are thrilled to have added GreenSky to our investment group. Their deep understanding of technology and experience building businesses will be of substantial value as we scale our company globally.”
EcoService will use the capital to fund growth and to launch an industry leading technology platform for CSOs that will provide the world’s first true end-to-end shared and autonomous fleet operating system, making EcoService the only one-stop solutions provider in the industry. William added, “From pre-launch planning through to day-to-day operations, EcoService helps car share, ride share, and autonomous fleets expedite their launch and provide a world-class experience for their customers.
Greg Stewart, Principal at GreenSky Capital added: “William and his team have proven themselves to be deft operators, managing rapid growth in a complex industry traditionally dominated by local businesses. Their expansion to their existing software offering is very exciting, and we believe it will be best in class. EcoService will be a major player in this market.”
Early-stage Canadian technology companies interested in working with Fund II are invited to learn more about, and apply to, the GreenSky Accelerator Funds at: firstname.lastname@example.org or by visiting the website at http://www.greenskycapital.com/greensky-accelerator-fund/apply-to-the-fund/.
About GreenSky Capital Inc.
GreenSky Capital Inc. is an award-winning Toronto-based firm that provides merchant bank and corporate financial advisory services to small and medium sized technology firms. GreenSky Capital makes investments in early-stage Canadian technology companies through its affiliated venture capital funds, GreenSky Accelerator Fund I, LP and GreenSky Accelerator Fund II, LP. www.greenskycapital.com. GreenSky looks for long-term partnerships with high-growth potential companies and dedicated entrepreneurs. GreenSky principals bring a unique combination of experience in technology, law and finance into a real-world context.
Founded in 2010, EcoService is a leading shared and autonomous fleet technology & services company with top carshare & rideshare operators as customers in North America. With offices in 5 cities and over 250 employees, EcoService employs the largest mobile workforce dedicated to shared mobility.