BREAKING: Yoshi Mobility closes $26M Series C led by GM Ventures Valuation tops $200 million - April 2024 Backers include ExxonMobil, Bridgestone, Kevin Durant & Joe Montana From roadside gas cans to fleet inspections in all 50 states Bryan Frist named Nashville Business Journal 40 Under 40 BREAKING: Yoshi Mobility closes $26M Series C led by GM Ventures Valuation tops $200 million - April 2024 Backers include ExxonMobil, Bridgestone, Kevin Durant & Joe Montana From roadside gas cans to fleet inspections in all 50 states Bryan Frist named Nashville Business Journal 40 Under 40
Bryan Frist, CEO and co-founder of Yoshi Mobility
Bryan Frist, in the company vest, in front of the truck that does the work. The smile is real - so is the tire-tread report.
Founder · Operator · Investor

Bryan Frist

He promised drivers they would never have to stop for gas again. Then he built a company that inspects, maintains and charges their cars too.

CEO, Yoshi Mobility Friale Ventures Nashville, TN
$90M+
Total raised
$200M+
Valuation, 2024
50
States served
2015
Yoshi founded

A gas can, a phone app, and a stubborn idea

The easiest way to understand Bryan Frist is to picture a Yoshi attendant filling your tank while you are inside a meeting, paying $20 a month for the privilege of never visiting a pump. That was the whole pitch in 2015. Strange, specific, and just useful enough to work. From it grew Yoshi Mobility, the Nashville company Frist runs today as CEO and co-founder.

Yoshi no longer just hauls fuel. It runs three businesses at once: preventative maintenance done in your driveway, virtual vehicle inspections with a roughly ten-minute turnaround, and mobile electric-vehicle charging for places the grid does not reach. Frist's aspiration is blunt and large. He wants Yoshi to be the "Amazon of car care" - the single app a driver or a fleet manager opens for anything a vehicle needs.

What makes the arc interesting is how little of it was preordained. Frist majored in history at Princeton, where he served as Class Day chair, then went to Harvard Business School and graduated with honors. The expected next step for someone with that resume - and his family name - was not delivering gasoline out of the back of a truck.

The automotive industry was one that was kind of untouched by innovation. - Bryan Frist on why he started Yoshi

The family he stepped away from

Frist was born in Nashville on April 29, 1987, into one of the city's defining families. His father, Bill Frist, was the U.S. Senate Majority Leader. His grandfather, Thomas F. Frist Sr., co-founded HCA Healthcare. His uncle, Thomas F. Frist Jr., is a billionaire. The default path ran straight through medicine and hospitals, and for a while Bryan walked it - he was on the founding team of China Health Care Corporation, a venture to build large tertiary-care hospitals in partnership with Chinese municipalities, later acquired by Bain Capital in 2017.

Then he changed lanes. Cars, not hospitals. The unglamorous, grease-under-the-fingernails business of keeping vehicles running, reimagined as something you order from your phone.

How a fuel app survived

Yoshi started with co-founders Nick Alexander and Daniel Hunter. Frist and Alexander met in business school; Hunter was a long-time friend of Alexander's. They delivered gas to San Francisco drivers, went through Y Combinator in the summer of 2016, and expanded to Atlanta and Nashville by 2017, elbowing for room against rivals like Filld, Booster and Wrench.

Plenty of on-demand fuel startups from that era are gone. Yoshi is not, and the reason is that Frist kept widening the definition of what the company does. Fuel was the wedge. Oil changes, car washes, tire care and inspections came next. When the customer base shifted from individual consumers to commercial fleets, Yoshi followed the money and the recurring revenue.

The EV market opportunity is just massive, so there is room for a lot of players. - Bryan Frist, on Yoshi's mobile charging bet

The investors who keep writing checks

The cap table reads like a who's-who of the car business. General Motors Ventures led the 2024 Series C. ExxonMobil came in during the Series A and B. Bridgestone Americas joined later. Tire maker DN Automotive, Y Combinator, and athlete-investors Kevin Durant and Joe Montana (through his Liquid 2 Ventures) all hold stakes. When the companies that make the fuel, the tires and the cars all back the same maintenance startup, that is a signal worth reading.

A quieter piece of the strategy: Yoshi's integration with GM's OnStar telematics, which the company says gives it a window into roughly 34% of US vehicles. The fuel truck was always a Trojan horse for data.

The other job

When he is not running Yoshi, Frist is the founder and managing partner of Friale Ventures, an early-stage investment firm. He has sat on startup boards too, including PullRequest, the code-review company acquired by HackerOne. He lives in Nashville with his wife, three kids and two dogs, and stays close to the city's institutions - the Frist Art Museum among them. In October 2024 he hosted a St. Jude Children's Research Hospital fundraiser that brought in $1.8 million.

The recognition has followed. Nashville Business Journal named him to its 40 Under 40 in October 2021 and to its Most Admired CEOs list that December. But the more telling measure is the one Frist himself points to: a company that 10x'd revenue and kept finding the next thing to deliver, long after the easy version of the idea would have run out of gas.

Three businesses, one truck

01

Preventative Maintenance

Oil changes, tire care, washes and multipoint service performed wherever the vehicle is parked.

02

Virtual Inspections

AI-assisted vehicle inspections with a roughly 10-minute turnaround, built for fleet compliance.

03

Mobile EV Charging

Off-grid charging units that bring electrons to vehicles the fixed grid can't easily reach.

When the whole car industry bets on you

GM Ventures · Series C lead
ExxonMobil · fuel
Bridgestone · tires
DN Automotive
Y Combinator · S16
Kevin Durant · NBA
Joe Montana · Liquid 2
ZhenFund
"The automotive industry was untouched by innovation. So he touched it."
THE BRYAN FRIST THESIS, IN ONE LINE
Off The Spec Sheet

Five things you would not find in the pitch deck

1

An NBA MVP and a Hall-of-Fame quarterback - Kevin Durant and Joe Montana - are both on his cap table.

2

He majored in history at Princeton and chaired Class Day, then went to Harvard Business School.

3

Before cars, he helped build large hospitals in China with his uncle's healthcare venture.

4

Yoshi taps GM's OnStar to see into roughly 34% of US vehicles. The fuel truck was always about data.

5

Home base is Nashville - one wife, three kids, two dogs, and a city full of Frist family history.

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