Brett Frazee, former Enterprise Fleet Management executive now strategic partner, leverages mobility operations expertise to focus on mobi-tech growth
EFO Ventures, an investment and incubation firm with offices in Atlanta, GA and Dublin, IE that backs founders and their innovative ideas not only with access to capital, but also personal guidance and hands-on collaboration from the very first stages, is pleased to recognize Brett Frazee, Managing Partner of BF4 Capital, will support the team’s growth initiatives in the mobi-tech space as an investor and strategic partner. Frazee’s nearly 25 years of experience in the transportation and technology space, most recently with Enterprise Fleet Management, will assist the team to support the organization’s growth initiatives in the mobi-tech space.
Frazee’s mobility experience, coupled with his knowledge of identifying and capitalizing on new business opportunities while developing innovative solutions and implementing initiatives that support strategic growth opportunities, will be extremely valuable to the EFO Ventures team and portfolio of companies (Volcon ePowersports, MIXTE Electric, Frog Mobility, Llama, Element, Automotus and Ottr).
“We are at a pivotal moment in our organization’s history; we are recognized as a leader in the industry, we are poised for dramatic growth and the communities our companies serve continue to place value on technology, safety and ongoing advancements,” said David Touwsma, Partner of EFO Ventures. “As we prepare to scale it’s imperative that we have the right team members in place, to support our initiatives as a leading venture capital partner in the mobi-tech space. I am confident that Brett is the ideal team member to help us take our portfolio companies, specifically those in the smart cycling division, to the next level for both team members and customers alike.”
The strategic partnership is designed to leverage Brett’s expertise and passion for cycling with EFO Ventures’ portfolio to fuel international expansion opportunities prioritizing the MIXTE Electric brand which has developed a family of electric consumer products, designed for approachability and reliability, giving riders the power to go further and experience more fun every day.
Electric bike sales are soaring throughout the world. According to the World Economic Forum, electric bicycle sales grew 145% in just one year. It’s predicted that twice as many bikes will be purchased than cars by 2030 in Europe.
“I’ve joined EFO Ventures because I believe our portfolio of brands is at the forefront of developing and setting the gold-standard in the mobi-tech industry,” said Frazee. “I am honored to work alongside leaders who support entrepreneurs in turning their visions into disruptive reality for the greater good and extremely excited about advancements in technology as well as safety that are currently underway with many of our portfolio companies.”
About EFO Ventures
EFO Ventures is an investment and incubation firm that backs founders and their innovative ideas not only with access to capital but also personal guidance and hands-on collaboration from the very first stages. Our managing partners are both founders themselves, and together with a dedicated team of advisors, we bring decades of entrepreneurial experience to our work. We provide our portfolio companies with all the resources and expert advice they need to turn their visions, traditionally in the mobi-tech space, into disruptive reality. Portfolio companies include: Volcon ePowersports, MIXTE Electric, Frog Mobility, Llama, Element, Automotus and Ottr. For more information, visit www.efoventures.com.
About BF4 Capital
BF4 Capital is an investment portfolio with assets focused on fun, mobility, micro-mobility, cycling, outdoor, and healthy brands. Bringing like-minded companies together through ownership, strategic partnerships, and unique relationships. Our mobility companies are focused on improving the safety and the overall rider experience with electrification, technology, and convenience.