Tech Company Financing Transactions

Drive Motors Funding Round

Private investors participated in a $5.3 million capital raise for Drive Motors. The round was recorded on 8/2/2017.

Transaction Overview

Company Name
Announced On
8/2/2017
Transaction Type
Venture Equity
Amount
$5,263,072
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed. 14 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
San Francisco, CA 94107
USA
Email Address
Overview
Drive Motors makes ecommerce solutions for car dealerships and buyers. For dealerships, Drive Motors offers an online checkout experience as good as Tesla or Amazon, that generates profitable sales and upsells 24 hours a day.
Profile
Drive Motors LinkedIn Company Profile
Social Media
Drive Motors Company Twitter Account
Company News
Drive Motors News
Facebook
Drive Motors on Facebook
YouTube
Drive Motors on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Aaron Krane
  Aaron Krane LinkedIn Profile  Aaron Krane Twitter Account  Aaron Krane News  Aaron Krane on Facebook
VP - Bus. Development
Rune Hauge
  Rune Hauge LinkedIn Profile  Rune Hauge Twitter Account  Rune Hauge News  Rune Hauge on Facebook
VP - Customer Service
Matthew Weinberg
  Matthew Weinberg LinkedIn Profile  Matthew Weinberg Twitter Account  Matthew Weinberg News  Matthew Weinberg on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/2/2017: Ritual Vitamins venture capital transaction
Next: 8/2/2017: Limelight Health venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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