Drivemode Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 75

Employees

  • Latest Deal Type
  • M&A

Drivemode General Information

Description

Developer of a mobile-based connected car platform intended to change the way consumers interact with their cars. The company's platform offers a simple interface, easy-to-use voice commands, and large buttons and is designed to access smartphone functions like navigation, messaging, music player, Bluetooth, and calls entirely via voice command, enabling drivers to avoid distractions from incoming calls and text message alerts by creating a better driving experience.

Contact Information

Website
www.drivemode.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 3039 Broadway
  • Redwood City, CA 94062
  • United States
Primary Industry
Application Software
Other Industries
Information Services (B2C)
Parent Company
Honda Motor Company
Vertical(s)
Big Data, Mobility Tech, TMT, Mobile
Corporate Office
  • 3039 Broadway
  • Redwood City, CA 94062
  • United States

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Drivemode Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 26-Sep-2019 Completed Generating Revenue
4. Accelerator/Incubator Completed Generating Revenue
3. Early Stage VC (Series A) 07-Apr-2017 Completed Generating Revenue
2. Seed Round 11-Dec-2014 $2M $2.65M Completed Startup
1. Angel (individual) 01-Jan-2014 $650K $650K Completed Startup
To view Drivemode’s complete valuation and funding history, request access »

Drivemode Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view Drivemode’s complete cap table history, request access »

Drivemode Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile-based connected car platform intended to change the way consumers interact with their cars. The co
Application Software
Redwood City, CA
75 As of 2024

New York, NY
 

Denver, CO
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Drivemode Competitors (4)

One of Drivemode’s 4 competitors is GuidePal, a Formerly Angel backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GuidePal Formerly Angel backed New York, NY
MapQuest Formerly PE-Backed Denver, CO
Chalo Venture Capital-Backed Navi Mumbai, India
Waze Formerly VC-backed Palo Alto, CA
To view Drivemode’s complete competitors history, request access »

Drivemode Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • Pending

  • Expiring in next 12 mo

Drivemode Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11209960-B2 Control method of terminal device Active 19-Mar-2018
US-20210019024-A1 Control method of terminal device Active 19-Mar-2018
US-20150362991-A1 Graphical user interface for non-foveal vision Active 11-Jun-2014
US-9898079-B2 Graphical user interface for non-foveal vision Active 11-Jun-2014
US-20180046247-A1 Graphical user interface for non-foveal vision Active 11-Jun-2014 G06F3/013
To view Drivemode’s complete patent history, request access »

Drivemode Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Drivemode Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Honda Xcelerator Accelerator/Incubator
Incubate Fund Venture Capital Minority
Miyako Capital Venture Capital Minority
NEC Capital Solutions Holding Company Minority
Panasonic Holdings Corporation Minority
To view Drivemode’s complete investors history, request access »

Ready to get started?

Request a free trial

Drivemode FAQs

  • When was Drivemode founded?

    Drivemode was founded in 2014.

  • Where is Drivemode headquartered?

    Drivemode is headquartered in Redwood City, CA.

  • What is the size of Drivemode?

    Drivemode has 75 total employees.

  • What industry is Drivemode in?

    Drivemode’s primary industry is Application Software.

  • Is Drivemode a private or public company?

    Drivemode is a Private company.

  • What is Drivemode’s current revenue?

    The current revenue for Drivemode is .

  • How much funding has Drivemode raised over time?

    Drivemode has raised $11.8M.

  • Who are Drivemode’s investors?

    Honda Xcelerator, Incubate Fund, Miyako Capital, NEC Capital Solutions, and Panasonic Holdings have invested in Drivemode.

  • Who are Drivemode’s competitors?

    GuidePal, MapQuest, Chalo, and Waze are competitors of Drivemode.

  • When was Drivemode acquired?

    Drivemode was acquired on 26-Sep-2019.

  • Who acquired Drivemode?

    Drivemode was acquired by Honda Motor Company.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »