Driver Technologies Overview
- Year Founded
-
2017

- Status
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Private
- Employees
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41

- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2M
- Investors
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18
Driver Technologies General Information
Description
Developer of an automotive technology designed to improve road safety by providing an artificial intelligence-based location tracking system. The company's technology helps to make videos while driving, sends alerts when at risk of hitting another car or pedestrian and provides warning of unsuspecting traffic, enabling drivers to videotape their on-road experiences to keep evidence of trips and save on auto insurance while ensuring safety at the same time.
Contact Information
Website
www.drivertechnologies.comCorporate Office
- 85 Delancy Street
- Floor 3
- New York, NY 10002
- United States
Corporate Office
- 85 Delancy Street
- Floor 3
- New York, NY 10002
- United States
Driver Technologies Timeline
Driver Technologies Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC | 31-Oct-2024 | $2M | Completed | Generating Revenue | ||
7. Later Stage VC | 12-Feb-2024 | Completed | Generating Revenue | |||
6. Later Stage VC | 11-Apr-2023 | Completed | Generating Revenue | |||
5. Later Stage VC | 01-Apr-2022 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 22-Apr-2021 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A2) | 03-Nov-2020 | Completed | Startup | |||
2. Accelerator/Incubator | 24-Aug-2018 | $120K | $373K | Completed | Startup | |
1. Early Stage VC (Series A) | 16-Jul-2018 | $253K | $253K | Completed | Startup |
Driver Technologies Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A | ||||||||
Series A-2 | ||||||||
Series A-3 | 106,408 | $0.000010 | 8% | $1.34 | $1.34 | 1x | $1.34 | 2.58% |
Series A-1 | 99,690 | $0.000010 | 8% | $1.11 | $1.11 | 1x | $1.11 | 2.42% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Driver Technologies Comparisons
Industry
Financing
Details
Driver Technologies Competitors (6)
One of Driver Technologies’s 6 competitors is Haas Alert, a Venture Capital-Backed company based in Chicago, IL.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Haas Alert | Venture Capital-Backed | Chicago, IL | ||||
Waymo | Venture Capital-Backed | Mountain View, CA | ||||
Nauto | Venture Capital-Backed | Sunnyvale, CA | ||||
Nexar | Venture Capital-Backed | New York, NY | ||||
NetraDyne | Venture Capital-Backed | San Diego, CA |
Driver Technologies Signals
Driver Technologies Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
CT Innovations | Corporation | Minority | ||
Connecticut Innovations | Venture Capital | Minority | ||
IVS LaunchPad | Venture Capital | Minority | ||
XRC Ventures | Venture Capital | Minority | ||
Plug and Play Tech Center | Accelerator/Incubator | Minority |
Driver Technologies FAQs
-
When was Driver Technologies founded?
Driver Technologies was founded in 2017.
-
Where is Driver Technologies headquartered?
Driver Technologies is headquartered in New York, NY.
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What is the size of Driver Technologies?
Driver Technologies has 41 total employees.
-
What industry is Driver Technologies in?
Driver Technologies’s primary industry is Business/Productivity Software.
-
Is Driver Technologies a private or public company?
Driver Technologies is a Private company.
-
What is Driver Technologies’s current revenue?
The current revenue for Driver Technologies is
. -
How much funding has Driver Technologies raised over time?
Driver Technologies has raised $22.8M.
-
Who are Driver Technologies’s investors?
CT Innovations, Connecticut Innovations, IVS LaunchPad, XRC Ventures, and Plug and Play Tech Center are 5 of 18 investors who have invested in Driver Technologies.
-
Who are Driver Technologies’s competitors?
Haas Alert, Waymo, Nauto, Nexar, and NetraDyne are some of the 6 competitors of Driver Technologies.
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