DriveShare Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $890K

  • Investors
  • 1

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

Formerly Known As
Classics&Exotics
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 121 Drivers Edge Drive
  • Suite 200
  • Traverse City, MI 49684
  • United States
Primary Industry
Automotive
Other Industries
Other Commercial Services
Other Services (B2C Non-Financial)
Media and Information Services (B2B)
Parent Company
Vertical(s)
Mobility Tech, Car-Sharing
Corporate Office
  • 121 Drivers Edge Drive
  • Suite 200
  • Traverse City, MI 49684
  • United States

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DriveShare Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 11-Oct-2023 $890K Completed Generating Revenue
4. Merger/Acquisition 21-Aug-2017 Completed Generating Revenue
3. Seed Round 01-Oct-2015 Completed Generating Revenue
2. Accelerator/Incubator 10-Jun-2015 $118K $143K Completed Generating Revenue
1. Seed Round 20-Sep-2014 $25K $25K Completed Generating Revenue
To view DriveShare’s complete valuation and funding history, request access »

DriveShare Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Fontinalis Partners Venture Capital Minority
Right Side Capital Management Venture Capital Minority
Techstars Accelerator/Incubator Minority
To view DriveShare’s complete investors history, request access »

DriveShare FAQs

  • When was DriveShare founded?

    DriveShare was founded in 2014.

  • Where is DriveShare headquartered?

    DriveShare is headquartered in Traverse City, MI.

  • What industry is DriveShare in?

    DriveShare’s primary industry is Automotive.

  • Is DriveShare a private or public company?

    DriveShare is a Private company.

  • What is the current valuation of DriveShare?

    The current valuation of DriveShare is .

  • What is DriveShare’s current revenue?

    The current revenue for DriveShare is .

  • How much funding has DriveShare raised over time?

    DriveShare has raised $893K.

  • Who are DriveShare’s investors?

    Fontinalis Partners, Right Side Capital Management, and Techstars have invested in DriveShare.

  • When was DriveShare acquired?

    DriveShare was acquired on 11-Oct-2023.

  • Who acquired DriveShare?

    DriveShare was acquired by Hagerty.

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