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
San Francisco, CA 94107
USA
Phone
Website
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.
Management Team
Title
Name
Email & Social
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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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