Tech Company Financing Transactions
Drive Motors Funding Round
Drive Motors secured a $120 thousand Seed funding round on 3/23/2016. Backers included Y Combinator.
Transaction Overview
Company Name
Announced On
3/23/2016
Transaction Type
Accelerator
Amount
$120,000
Round
Seed
Investors
Proceeds Purpose
The company will use the proceeds to accelerate its initial development.
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
Browse more venture capital transactions:
Prev: 3/23/2016: Convoy venture capital transaction
Next: 3/23/2016: Black Swan venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs