Menlo Ventures led a $21m Series B round in Kinetic.

Menlo Ventures, a venture capital firm, led a $21m Series B round in Kinetic, an automotive infrastructure company, with participation from Lux Capital, Construct Capital, Haystack Ventures, Allstate Strategic Ventures and Liberty Mutual Strategic Ventures. “Kinetic is laser-focused on solving consumers’ pain points by leveraging AI and robotics to make modern vehicle repair effortless and cost-effective. We are proud to partner with Shawn and Menlo Ventures, who are globally respected for their early investments in technologies that have since become part of our everyday lives, including Uber, Roku and Siri, and the rest of this group of visionary investors as we scale our service model and drive EV adoption by bringing down the total cost of ownership for consumers,” Nikhil Naikal, Kinetic CEO and Co-Founder.