Driver Technologies Overview
- Year Founded
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2018
- Status
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Private
- Employees
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46
- 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 a 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
- New York, NY 10002
- United States
Corporate Office
- 85 Delancy Street
- 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. Early 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
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Opportunity Score
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Exit Type
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Driver Technologies Comparisons
Industry
Financing
Details
Driver Technologies Competitors (4)
One of Driver Technologies’s 4 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 | ||||
| NetraDyne | Venture Capital-Backed | San Diego, CA | ||||
| Lytx | Private Equity-Backed | San Diego, CA |
Driver Technologies Related Research & Analysis
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Driver Technologies Signals
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Majestic Referring Domains
Driver Technologies Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Boost Capital (Tokyo) | Venture Capital | Minority | ||
| CT Innovations | Corporation | |||
| Connecticut Innovations | Venture Capital | Minority | ||
| IVS LaunchPad | Venture Capital | Minority | ||
| XRC Ventures | Venture Capital | Minority |
Driver Technologies FAQs
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When was Driver Technologies founded?
Driver Technologies was founded in 2018.
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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 46 total employees.
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What industry is Driver Technologies in?
Driver Technologies’s primary industry is Business/Productivity Software.
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Is Driver Technologies a private or public company?
Driver Technologies is a Private company.
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What is Driver Technologies’s current revenue?
The current revenue for Driver Technologies is .
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How much funding has Driver Technologies raised over time?
Driver Technologies has raised $22.8M.
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Who are Driver Technologies’s investors?
Boost Capital (Tokyo), CT Innovations, Connecticut Innovations, IVS LaunchPad, and XRC Ventures are 5 of 18 investors who have invested in Driver Technologies.
-
Who are Driver Technologies’s competitors?
Haas Alert, Waymo, NetraDyne, and Lytx are competitors of Driver Technologies.
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