When Ibex Investors founder and CEO Justin Borus looks at the transportation industry — and the technological changes that are coming — he sees one of the biggest opportunities in a lifetime. And with a fresh $113 million fund focused on early stage mobility companies, his firm is tapping into it.
“There will be more change in the next five to 10 years than in the past 100 years, Borus said, referring to the shift to autonomous vehicles and other changes in the transportation industry. “I would equate it (our fund) to an internet fund in 1996 or 1997.”
Ibex Investors, which is based in Denver with offices in New York and Tel Aviv, was founded in 2003 with a “multi-stage” and “multi-strategy” investment strategy. What this translates to is a firm that invests in private and public companies from the seed stage all the way through to IPO.
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