DriveNow Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

DriveNow General Information

Description

Operator of a car-sharing platform designed to offer car renting services in selected countries in Europe. The company's services offer car reservation, trip planner and car selection facilities, enabling customers to drive in and around cities on roads quickly and inexpensively.

Contact Information

Website
www.drive-now.com
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Seidlstraße 26
  • 80333 Munich
  • Germany
Primary Industry
Automotive
Other Industries
Social/Platform Software
Acquirer
Mercedes-Benz Group
Vertical(s)
Mobility Tech, Industrials, TMT
Corporate Office
  • Seidlstraße 26
  • 80333 Munich
  • Germany

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DriveNow Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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DriveNow Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a car-sharing platform designed to offer car renting services in selected countries in Europe. The company's
Automotive
Munich, Germany
2 As of 2017

Bengaluru, India
 

Dubai, United Arab Emirates
 
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DriveNow Competitors (22)

One of DriveNow’s 22 competitors is Ola (Automotive), a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ola (Automotive) Venture Capital-Backed Bengaluru, India
Careem Formerly VC-backed Dubai, United Arab Emirates
Uber Formerly VC-backed San Francisco, CA
DiDi Global Formerly PE-Backed Beijing, China
BluSmart Venture Capital-Backed Mumbai, India
You’re viewing 5 of 22 competitors. Get the full list »

DriveNow Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

DriveNow Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-202009006058-U1 Search device for use in searching for objects or living beings Inactive 27-Apr-2009

DriveNow Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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DriveNow Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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DriveNow FAQs

  • When was DriveNow founded?

    DriveNow was founded in 2011.

  • Where is DriveNow headquartered?

    DriveNow is headquartered in Munich, Germany.

  • What is the size of DriveNow?

    DriveNow has 2 total employees.

  • What industry is DriveNow in?

    DriveNow’s primary industry is Automotive.

  • Is DriveNow a private or public company?

    DriveNow is a Private company.

  • What is DriveNow’s current revenue?

    The current revenue for DriveNow is .

  • Who are DriveNow’s investors?

    and Sixt Rent a Car have invested in DriveNow.

  • Who are DriveNow’s competitors?

    Ola (Automotive), Careem, Uber, DiDi Global, and BluSmart are some of the 22 competitors of DriveNow.

  • When was DriveNow acquired?

    DriveNow was acquired on 28-Mar-2018.

  • Who acquired DriveNow?

    DriveNow was acquired by Mercedes-Benz Group.

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