Wisedrive (Automotive Insurance) Overview
- Year Founded
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2021
- Status
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Private
- Employees
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31
- Latest Deal Type
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Early Stage VC
- Investors
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7
Wisedrive (Automotive Insurance) General Information
Description
Operator of a used-car inspection platform intended to assess vehicle condition before purchase. The company's platform offers mechanical, electrical, and structural inspections, live-data road tests, paint-thickness checks across vehicle panels, and re-inspection services, enabling used-car buyers and prospective vehicle owners to identify mechanical faults, accident or repair indicators, documentation issues, and other risks before completing a purchase.
Contact Information
Website
www.wisedrive.comCorporate Office
- Number 46/4, K Number 661/3-1114/3,4,5 3rd Floor
- Novel Tech Park, G B Palya
- Bangalore, 560068
- India
Corporate Office
- Number 46/4, K Number 661/3-1114/3,4,5 3rd Floor
- Novel Tech Park, G B Palya
- Bangalore, 560068
- India
Wisedrive (Automotive Insurance) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC | 01-Jul-2024 | Completed | Generating Revenue | |||
| 1. Seed Round | 16-Aug-2022 | Completed | Generating Revenue |
Wisedrive (Automotive Insurance) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Preference |
VC Exit Predictor
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Wisedrive (Automotive Insurance) Signals
Wisedrive (Automotive Insurance) Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Rigel Capital (Singapore) | Venture Capital | Minority | ||
| Altirra Ventures | Venture Capital | Minority | ||
| Amity Innovation Incubator | Not-For-Profit Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Kettleborough VC | Venture Capital | Minority |
Wisedrive (Automotive Insurance) FAQs
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When was Wisedrive (Automotive Insurance) founded?
Wisedrive (Automotive Insurance) was founded in 2021.
-
Where is Wisedrive (Automotive Insurance) headquartered?
Wisedrive (Automotive Insurance) is headquartered in Bangalore, India.
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What is the size of Wisedrive (Automotive Insurance)?
Wisedrive (Automotive Insurance) has 31 total employees.
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What industry is Wisedrive (Automotive Insurance) in?
Wisedrive (Automotive Insurance)’s primary industry is Automotive Insurance.
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Is Wisedrive (Automotive Insurance) a private or public company?
Wisedrive (Automotive Insurance) is a Private company.
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What is Wisedrive (Automotive Insurance)’s current revenue?
The current revenue for Wisedrive (Automotive Insurance) is .
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How much funding has Wisedrive (Automotive Insurance) raised over time?
Wisedrive (Automotive Insurance) has raised $1.57M.
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Who are Wisedrive (Automotive Insurance)’s investors?
Rigel Capital (Singapore), Altirra Ventures, Amity Innovation Incubator, , and Kettleborough VC are 5 of 7 investors who have invested in Wisedrive (Automotive Insurance).
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