DriveX Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 17

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $1.24M

  • Investors
  • 31

DriveX General Information

Description

Developer of a digital software platform designed to speed up the vehicle verification process. The company's platform provides a smooth automated verification process making policy sales and claims handling fast, enabling insurance companies to save their time and money.

Contact Information

Website
www.drivex.io
Formerly Known As
Porsche Wizards
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Vabaõhumuuseumi tee 1
  • Tallinn, 13522
  • Estonia
+372 5557
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Automation/Workflow Software
Vertical(s)
Mobility Tech, Artificial Intelligence & Machine Learning, InsurTech
Corporate Office
  • Vabaõhumuuseumi tee 1
  • Tallinn, 13522
  • Estonia
+372 5557

DriveX Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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DriveX Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 05-Feb-2025 $1.24M Completed Generating Revenue
6. Seed Round 10-Mar-2022 Completed Generating Revenue
5. Seed Round 14-Dec-2020 Completed Generating Revenue
4. Angel (individual) 13-May-2020 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2019 Completed Startup
2. Accelerator/Incubator 01-Jan-2019 Completed Startup
1. Accelerator/Incubator 01-Jan-2019 Completed Startup
To view DriveX’s complete valuation and funding history, request access »

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DriveX Patents

  • 3

    Total Documents Applications and Grants

  • Total Patents Families

  • 3

    Granted

  • Pending

  • Expiring in next 12 mo

DriveX Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-2460318-A2 Soln. for destroying soot in chimneys - contg. potassium acetate and magnesium nitrate, and opt. magnesium acetate Active 02-Jul-1979
FR-2432041-A1 Soln. for destroying soot in chimneys - contg. potassium acetate and magnesium nitrate, and opt. magnesium acetate Active 25-Jul-1978
FR-2360489-A1 Powder material transfer system - has hopper delivering powder into venturi section of air line Active 02-Aug-1976 B65G53/14

DriveX 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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DriveX Investors (31)

Investor Name Investor Type Holding Investor Since Participating Rounds
Carglass Corporation Minority
Angel (individual) Minority
Angel (individual) Minority
DEPO Ventures Venture Capital Minority
DOJUS group Corporation Minority
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DriveX FAQs

  • When was DriveX founded?

    DriveX was founded in 2019.

  • Where is DriveX headquartered?

    DriveX is headquartered in Tallinn, Estonia.

  • What is the size of DriveX?

    DriveX has 17 total employees.

  • What industry is DriveX in?

    DriveX’s primary industry is Business/Productivity Software.

  • Is DriveX a private or public company?

    DriveX is a Private company.

  • What is DriveX’s current revenue?

    The current revenue for DriveX is .

  • How much funding has DriveX raised over time?

    DriveX has raised $2.49M.

  • Who are DriveX’s investors?

    Carglass, , , DEPO Ventures, and DOJUS group are 5 of 31 investors who have invested in DriveX.

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