May 25th, 2021, Toronto, ON and Philadelphia, PA – EnerTech Capital is pleased to announce today that they have added Mobility Executive Sherwin Prior (Lear Innovation Ventures) as a Special Advisor to the firm as they continue to expand their focus on mobility investments.
Sherwin Prior is the Vice President of Lear Innovation Ventures and has over twenty years of experience as a finance and investment professional. Prior to Lear Innovation Ventures, he was the U.S. Director of Orbia Ventures a corporate venture fund.
Prior to Orbia Ventures, Sherwin served as the Managing Director of GM Ventures LLC, the corporate venture capital arm of General Motors where he managed a six-person team and over $250 million in assets. In 2018, Sherwin was recognized as one of the Top 100 Most Influential Blacks in Corporate America by the SAVOY publications.
Sherwin’s investment experience also includes work as a buy-side equity analyst for NorthPointe Capital and Morgan Stanley Investment Management in New York. A veteran of the U.S. Army, Sherwin received a Bachelor of Business Administration degree in finance from Eastern Michigan University, where he has also served as an adjunct lecturer of Finance. He earned his Master of Business Administration from the University of Michigan.
“As a firm we continue our expansion of expertise in the mobility space and are excited to have Sherwin join the firm as a Strategic Advisor. We have a long history of working with Sherwin through his past role as head of GM Ventures and a Co-Investor with us on several portfolio companies including the very successful investment and exit in our investment in USHR. Sherwin’s knowledge and expertise in the mobility sector will provide us with significant insight and deal flow opportunities from his extensive network,” said Wally Hunter, Managing Director, EnerTech Capital.
“I have had the pleasure of working with Sherwin, as co-investors (and friends), for the past decade. I can’t speak highly enough of him and the value I know he will bring to EnerTech’s investment and portfolio management discussions. He has an extensive experience as an investor and brings valuable insights as to how established industry incumbents view, evaluate, and embrace (or not) innovation from early-stage companies. These insights will not only be important to our mobility portfolio companies, but also to corporate strategic partners,” said Scott Ungerer, Founder and Managing Director, EnerTech Capital.
“I feel privileged to have the chance to work with the team of mobility investment experts at EnerTech Capital. I have known the team for over 10 years and we have done several co-investments together, including our recent very successful exit from autonomous vehicle mapping company USHR. I look forward to providing my investment and industry insights and knowledge in the mobility space as EnerTech expands their strategy,” said Sherwin Prior, Vice President of Lear Innovation Ventures.
About EnerTech Capital
For over 20 years EnerTech’s fundamental focus has been investing and partnering with innovative companies driving change across the energy landscape; with a focus on Mobility, Industry 4.0, and Connected Customer. Since our founding in 1996, we have made 72 investments and have managed over $500 million in LP Capital Commitments. We have had an active role in building world class management teams who have created new lasting ways to use energy resources more efficiently and have been a part of building companies that have, and continue to, transform industries.
EnerTech has offices in Toronto, Philadelphia, Palm Beach Gardens, Boston, Montreal, and Sacramento.
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CONTACT: Wally Hunter: 416-363-8563 whunter@enertechcapital.com
