Gerard Vroomen is best known as the founder of Cervelo. This is the second time Gerard has been on the show, and this time around we talk about his new investment fund, Fundracer. Fundracer specializes in micro-mobility startups, and he started the fund just over a year ago with his partners, Rene Wiertz, who is the former owner and CEO of 3T, and Andy Ording, who was the former CEO and the founder of Zipp Wheels.
The fund focuses mainly on safety technologies like AI collision detection, foldable helmets, as well as bicycle ABS systems. The discussion provides a rare behind-the-scenes look at how a micromobility investment fund actually operates.
Vroomen candidly discusses decision-making criteria, operational division of responsibilities among partners, and hands-on support. Their market intelligence from evaluating 600 companies annually explains their safety-tech focus over performance products.
0:00 – Introduction & Purpose of the Interview
0:51 – Meet the Founders: Backgrounds and Industry Experience
7:12 – Building the Team & Fund Structure
14:04 – How Fundracer Invests: Process, Criteria, and Due Diligence
19:20 – Investment Size, Portfolio Strategy, and Active Support
23:12 – What Makes a Great Startup: Criteria, Challenges, and Lessons Learned
32:14 – Reflections, Industry Trends, and How to Connect
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