HopDrive Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 49

Employees

  • Latest Deal Type
  • Series B1

  • Latest Deal Amount
  • $7M

  • Investors
  • 13

HopDrive General Information

Description

Developer of a mobile application designed to offer on-demand short-duration moves for auto dealers and rental car companies. The company's application provides non-disruptive delivery, continous moves, access to trusted drivers and real-time tracking, enabling auto dealers to increase shipping efficiency and automate workflow with full transparency.

Contact Information

Website
www.hopdrive.com
Formerly Known As
Social Auto Transport
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1717 East Cary Street
  • Richmond, VA 23223
  • United States
+1 (804)
Primary Industry
Logistics
Other Industries
Automotive
Application Software
Vertical(s)
Mobility Tech, Micro-Mobility, Mobile
Corporate Office
  • 1717 East Cary Street
  • Richmond, VA 23223
  • United States
+1 (804)

HopDrive Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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HopDrive Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series B1) 29-Sep-2026 $7M Completed Generating Revenue
6. Later Stage VC (Series B) 01-Jul-2025 Completed Generating Revenue
5. Later Stage VC (Series A) 25-Jan-2023 Completed Generating Revenue
4. Seed Round 04-Jan-2021 Completed Generating Revenue
3. Accelerator/Incubator Completed Startup
2. Angel (individual) $300K $1.2M Completed Startup
1. Angel (individual) 01-Jan-2018 $900K $900K Completed Startup
To view HopDrive’s complete valuation and funding history, request access »

HopDrive Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B1
Series B2
Series A-4
Series A-3
Series A-2
Series A-1 10,543 $0.000010 $59.34 $59.34 1x $59.34 3.82%
Seed-3 23,537 $0.000010 $63.73 $63.73 1x $63.73 8.53%
To view HopDrive’s complete cap table history, request access »

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HopDrive Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile application designed to offer on-demand short-duration moves for auto dealers and rental car compa
Logistics
Richmond, VA
49 As of 2026

Claymont, DE
 

Courbevoie, France
 
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HopDrive Competitors (21)

One of HopDrive’s 21 competitors is DeliveryCircle, a Venture Capital-Backed company based in Claymont, DE.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DeliveryCircle Venture Capital-Backed Claymont, DE
Chronotruck Formerly VC-backed Courbevoie, France
uShip Venture Capital-Backed Austin, TX
Bungii Venture Capital-Backed Overland Park, KS
Loadsmart Venture Capital-Backed Chicago, IL
You’re viewing 5 of 21 competitors. Get the full list »

HopDrive 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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HopDrive Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds
Socium Ventures Venture Capital Minority
Acertus PE-Backed Company Minority
Ally Ventures Corporate Venture Capital Minority
Cox Enterprises Corporation Minority
Sope Creek Family Office Minority
You’re viewing 5 of 13 investors. Get the full list »

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HopDrive FAQs

  • When was HopDrive founded?

    HopDrive was founded in 2017.

  • Where is HopDrive headquartered?

    HopDrive is headquartered in Richmond, VA.

  • What is the size of HopDrive?

    HopDrive has 49 total employees.

  • What industry is HopDrive in?

    HopDrive’s primary industry is Logistics.

  • Is HopDrive a private or public company?

    HopDrive is a Private company.

  • What is the current valuation of HopDrive?

    The current valuation of HopDrive is .

  • What is HopDrive’s current revenue?

    The current revenue for HopDrive is .

  • How much funding has HopDrive raised over time?

    HopDrive has raised $25.2M.

  • Who are HopDrive’s investors?

    Socium Ventures, Acertus, Ally Ventures, Cox Enterprises, and Sope Creek are 5 of 13 investors who have invested in HopDrive.

  • Who are HopDrive’s competitors?

    DeliveryCircle, Chronotruck, uShip, Bungii, and Loadsmart are some of the 21 competitors of HopDrive.

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