Paul Asel

Founding Partner at NGP Capital

📍 United States🔄 Updated September 2026💼 9 investments📅 27 years investing🗓 Last invested Jan 2021
VC🌍 United States
9
Total investments
1
Early stage
3
Mid stage
2
Late stage
27y
Years active

Portfolio

7 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor / Advisor
2021
ButterflyMX is your complete property access solution, providing a secure, convenient, and affordable way to manage and grant access on the go. Empower your tenants and building staff to open doors, gates, and elevators with a smartphone and ensure they never miss a visitor or delivery. Enjoy easy installation and cut costs by eliminating building wiring and in-unit hardware, and save time by integrating with popular access control and property management systems. Join the 15,000+ multifamily, commercial, gated community, and student housing properties that have made access simple with ButterflyMX.
Investor
2019
Zūm has reimagined student transportation— managing every vehicle, driver, passenger, parent, and ride on a single platform. We’re growing fast and looking for super-smart folks motivated to fix the nations largest mass transportation system and make a real difference for students, schools, drivers, parents and caregivers. If fixing an antiquated system hidden in plain sight excites you, drop us a note at apply@ridezum.com today.
Investor
2018
As one of California’s fastest growing FreightTech companies, NEXT is on a mission to make freight painless. Through complete first-to-last mile solutions, we’re defining how FreightTech can transform the $800B trucking and shipping industry. From our digital freight marketplace to smart load-matching, our technology provides shippers with access to limitless capacity and full transparency, while empowering drivers to work the way they want, when they want. As we build the most trusted brand for our customers, we are creating the best place to work for our growing team of top talent from the tech and logistics industries. We have been recognized as one of Built in LA’s Best Small Companies to Work For and 50 Startups to Watch. Founded in 2015, NEXT Trucking is backed by Brookfield Ventures, one of the world’s largest infrastructure investors, and Sequoia Capital, one of the most recognizable venture capital firms in the world.
Investor / Advisor
2017
Lime is the worlds largest shared electric vehicle company. We’re on a mission to build a future where transportation is shared, affordable and carbon-free. Our electric bikes and scooters have powered 400+ million rides in 250+ cities on 5 continents, replacing an estimated 100+ million car trips. Named a Time 100 Most Influential Company and Fast Company Brand That Matters, we achieved a fully profitable year in 2022, becoming the first in our industry to reach this milestone.
Investor
2016
Deliveroo is an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski. Deliveroo works with approximately 176,000 best-loved restaurants and grocery partners, as well as around 150,000 riders to provide the best food delivery experience in the world. Deliveroo is headquartered in London, with offices around the globe. Deliveroo operates across 9 markets, including Belgium, France, Italy, Ireland, Qatar, Singapore, United Arab Emirates, Kuwait and the United Kingdom.
Investor / Advisor
2010
About UCWeb UCWeb Inc. (UCWeb), a business within Alibaba Mobile Business Group, is a leading provider of mobile internet software and services. Since the inception in 2004, UCWebs mission has been to provide better mobile internet experience to people around the world. The international product portfolio of UCWeb includes UC Browser (mobile browsing service), UC News (content distributor), 9Apps (Android app store), and UC Union (mobile traffic and monetization platform). UC Browser is one of the world’s top 3 mobile browsers (as per StatCounter). UC Browser has reached 420 million Monthly Active Users as of August 2016, while 9Apps has clocked over 250 million. Additional information about UCWeb and its products can be found at www.ucweb.com.
Lead Investor
2009
空中网是中国领先的网络游戏研发商和运营商,致力于为中国及海外互联网用户提供高品质的大型在线游戏服务,同时为中国手机用户提供多元化的无线娱乐服务。公司于2004年在美国纳斯达克上市(NASDAQ:KZ),目前公司业务覆盖互联网游戏、手机游戏以及无线增值三大领域。旗下无线增值业务连续多年位居行业之首。 2009年空中网正式进军互联网游戏领域,秉承自主研发与代理游戏并行策略。自主研发产品《龙》、《圣魔之血》、《功夫英雄》已经面向全球60多个国家发行。2011年空中网代理运营由Wargaming公司开发的《坦克世界》已成为中国网游市场最具竞争力的产品。2014年4月,空中网整合《坦克世界》、《战机世界》、《战舰世界》三款游戏资源推出战争网游第一品牌“WARSAGA战争传奇™”,进一步奠定了公司在战争军事网游的领导地位。5月,颠覆级3D魔幻网游巨作《激战2》正式公测,CD-key预售首月销量突破50万份,买断制商业模式获得市场认可。截止2014年5月,空中网已经陆续获得包括《坦克世界》、《战机世界》、《战舰世界》、《激战2》、《赛车联盟》、《闪电战3》等在内的多款精品大作在中国大陆地区的独家运营权。
Experience · 12 entries
All (12)
Investments (9)
Founder (1)
Board (1)
2021
Investor / Advisor
2021
ButterflyMX is your complete property access solution, providing a secure, convenient, and affordable way to manage and grant access on the go. Empower your tenants and building staff to open doors, gates, and elevators with a smartphone and ensure they never miss a visitor or delivery. Enjoy easy installation and cut costs by eliminating building wiring and in-unit hardware, and save time by integrating with popular access control and property management systems. Join the 15,000+ multifamily, commercial, gated community, and student housing properties that have made access simple with ButterflyMX.
2019
Investor
2019
Zūm has reimagined student transportation— managing every vehicle, driver, passenger, parent, and ride on a single platform. We’re growing fast and looking for super-smart folks motivated to fix the nations largest mass transportation system and make a real difference for students, schools, drivers, parents and caregivers. If fixing an antiquated system hidden in plain sight excites you, drop us a note at apply@ridezum.com today.
2018
Investor
2018
As one of California’s fastest growing FreightTech companies, NEXT is on a mission to make freight painless. Through complete first-to-last mile solutions, we’re defining how FreightTech can transform the $800B trucking and shipping industry. From our digital freight marketplace to smart load-matching, our technology provides shippers with access to limitless capacity and full transparency, while empowering drivers to work the way they want, when they want. As we build the most trusted brand for our customers, we are creating the best place to work for our growing team of top talent from the tech and logistics industries. We have been recognized as one of Built in LA’s Best Small Companies to Work For and 50 Startups to Watch. Founded in 2015, NEXT Trucking is backed by Brookfield Ventures, one of the world’s largest infrastructure investors, and Sequoia Capital, one of the most recognizable venture capital firms in the world.
2017
Investor / Advisor
2017
Lime is the worlds largest shared electric vehicle company. We’re on a mission to build a future where transportation is shared, affordable and carbon-free. Our electric bikes and scooters have powered 400+ million rides in 250+ cities on 5 continents, replacing an estimated 100+ million car trips. Named a Time 100 Most Influential Company and Fast Company Brand That Matters, we achieved a fully profitable year in 2022, becoming the first in our industry to reach this milestone.
2016
National Security & Corporate Venture Working Groups
Jan 2016
Venture capitalists are committed to funding America’s most innovative entrepreneurs, working closely with them to transform breakthrough ideas into emerging growth companies that drive U.S. job creation and economic growth. As the voice of the U.S. venture capital community, the National Venture Capital Association empowers its members and the entrepreneurs they fund by advocating for policies that encourage innovation and reward long-term investment. The NVCA also serves as the definitive resource for venture capital data and unites its members through a full range of professional services.
Show all 12 entries ↓
Investment activity
1999–2021 · 9 investments
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