Tech Company Financing Transactions
miDrive Funding Round
miDrive, based in Basingstoke Hampshire, secured $2.5 million in funding from Initial Capital and private investors.
Transaction Overview
Company Name
Announced On
2/16/2017
Transaction Type
Venture Equity
Amount
$2,493,000
Round
Series A
Investors
Initial Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Fanum House Basing View
Basingstoke Hampshire, RG21 4EA
UK
Basingstoke Hampshire, RG21 4EA
UK
Phone
Website
Email Address
Overview
Launched in late 2013, miDrive is the ultimate toolkit for learning to drive. Their free apps for Android and iOS have helped thousands of learner drivers to improve their driving skills, find qualified driving instructors and pass their driving tests more quickly while also saving as much as £300 on their lesson expenses.
Management Team
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We record every notable VC transaction. All VC database entries on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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