DriveShare Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$890K
DriveShare General Information
Description
Operator of an online car renting platform intended to connect guests with car hosts to find the vehicles around. The company's platform offers a wide range of fun and unique vehicles with review photos and details of each car and its owners, enabling classic and collector vehicle owners to offset expenses by renting their cars to pre-screened, highly qualified renters.
Contact Information
Website
www.driveshare.com
Formerly Known As
Classics&Exotics
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Automotive
Other Industries
Media and Information Services (B2B)
Other Services (B2C Non-Financial)
Other Commercial Services
Parent Company
Drive Co
Primary Office
- 121 Drivers Edge Drive
- Suite 200
- Traverse City, MI 49684
- United States
DriveShare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 11-Oct-2023 | $890K | 000.00 | Completed | Generating Revenue | |
| 4. Merger/Acquisition | 21-Aug-2017 | 00000 | Completed | Generating Revenue | ||
| 3. Seed Round | 01-Oct-2015 | 00000 | 00000 | 000 | Completed | Generating Revenue |
| 2. Accelerator/Incubator | 10-Jun-2015 | $118K | $143K | Completed | Generating Revenue | |
| 1. Seed Round | 20-Sep-2014 | $25K | $25K | 000 | Completed | Generating Revenue |
DriveShare Executive Team (4)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Michael Sakkas | Co-Founder & Market Development Manager - East Region | ||
| McKeel Hagerty | Chief Executive Officer |
DriveShare Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Fontinalis Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Right Side Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Techstars | Venture Capital | Minority | 000 0000 | 000000 0 |