Driveway Overview

  • Founded
  • 2011
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 18
Employees
  • Latest Deal Type
  • M&A

Driveway General Information

Description

Developer of a telematics technology designed to measure and reward good driving behaviour. The company offers a cloud analytics platform and mobile apps that deliver a cost-effective, frictionless driver safety scoring and Usage-Based Insurance (UBI) solution for insurers and mobility companies globally, enabling ordinary drivers to become safe drivers in a hassle-free manner.

Contact Information

Website
www.driveway.ai
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Parent Company
Earnix
Primary Office
  • 65 Enterprise
  • Suite E335-H
  • Aliso Viejo, CA 92656
  • United States
+1 (888) 000-0000
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Driveway Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 22-Jul-2021 000.00 Completed Generating Revenue
5. Accelerator/Incubator 10-Oct-2016 000.00 Completed Generating Revenue
4. Early Stage VC (Series A) 28-Jul-2015 0000 000.00 000.00 Completed Generating Revenue
3. Seed Round 30-Aug-2013 00.00 00.000 00.00 Completed Generating Revenue
2. Angel (individual) 12-Jul-2012 $325K $325K Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2012 Completed Generating Revenue
To view Driveway’s complete valuation and funding history, request access »

Driveway Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A 000,000 00.000000 000.00 000.00 00 000.00 00.000
Seed 000,000 00.000000 00.0 00.0 00 00.0 00.000
To view Driveway’s complete cap table history, request access »

Driveway Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a telematics technology designed to measure and reward good driving behaviour. The company offers a cloud a
Business/Productivity Software
Aliso Viejo, CA
18 As of 2021
000.00
000000&0 000.00

00000

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000000000000000000000 00000000
Chicago, IL
000 As of 0000

0000 000

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000000000000000000000 00000000
Rome, Italy
000 As of 0000
00000000
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Driveway Competitors (31)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Arity Corporate Backed or Acquired Chicago, IL 000
0000 0000000000 Private Equity-Backed Rome, Italy 000 00000000
0000000 Venture Capital-Backed Marietta, GA 00 00000 000000000 - 00000
0000000 Venture Capital-Backed Menlo Park, CA 00 0000 000000000000 0000
0000000 Venture Capital-Backed Barcelona, Spain 00 00.000 0000000000 0 00.000
You’re viewing 5 of 31 competitors. Get the full list »

Driveway Patents

  • 8

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 000

    Granted

  • 2

    Pending

  • 000

    Expiring in next 12 mo

Driveway Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9200906-B1 System and methods for handheld device based battery efficient context monitoring, detection of a vehicular motion and identification of a specific vehicle Expired - Fee Related 23-Apr-2013 000000000 0
US-20150323324-A1 Systems and methods for handheld device based battery efficient context monitoring, detection of a vehicular motion and identification of a specific vehicle Granted 23-Apr-2013 000000000 0
US-20170139054-A1 Systems and methods for handheld device based battery efficient context monitoring, detection of a vehicular motion and identification of a specific vehicle Granted 23-Apr-2013 000000000 0
US-9869772-B2 Systems and methods for handheld device based battery efficient context monitoring, detection of a vehicular motion and identification of a specific vehicle Active 23-Apr-2013 000000000 0
US-9557420-B2 Systems and methods for handheld device based battery efficient context monitoring, detection of a vehicular motion and identification of a specific vehicle Expired - Fee Related 23-Apr-2013 G01S19/34 0
To view Driveway’s complete patent history, request access »

Driveway Executive Team (10)

Name Title Board Seat Contact Info
Michael Simmons Chief Executive Officer
Igor Katsman Co-Founder & Chief Technology Officer
Avi Hitelman Vice President, Research & Development
You’re viewing 3 of 10 executive team members. Get the full list »

Driveway Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Driveway Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AltaIR Capital Venture Capital Minority 000 0000 000000 0
Ervington Investments Venture Capital Minority 000 0000 000000 0
IMI.VC Venture Capital Minority 000 0000 000000 0
Kernel Capital Venture Capital Minority 000 0000 000000 0
MassChallenge Accelerator/Incubator 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »

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