Drive
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €700k | Seed | |
N/A | €1.0m | Seed | |
* | N/A | Acquisition | |
Total Funding | CAD2.6m |
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Recent News about Drive
EditDrive Inc. is a Dublin-based startup that operates in the automotive technology sector in Ireland and beyond. Founded in 2019 by entrepreneurs Shane Ennis and Conor O’Boyle, the company has developed three key platforms: TradeBid, Nevo, and InstaBid.
TradeBid is a digital marketplace for trading vehicles. It provides a platform for buyers and sellers to interact, offering more choice and transparency in the process. This platform serves a wide range of clients, from individual car owners to car dealerships, and generates revenue through transaction fees.
Nevo is a platform dedicated to electric vehicles. It aims to facilitate a smooth transition to electric driving by providing accurate information and helping users find the right electric vehicle. This platform caters to environmentally conscious consumers and those interested in electric vehicles. The revenue model for Nevo is likely based on advertising and referral fees from car manufacturers and dealerships.
InstaBid is a platform that simplifies the car selling process. It connects car sellers with a network of dealers who compete to offer the best price. This ensures that sellers receive the highest possible offer for their vehicles. InstaBid makes money by charging a commission on each successful sale.
Drive Inc. has assembled a team of industry experts, technologists, and marketers to connect consumers to dealerships, and dealerships to one another in this rapidly evolving industry. The company is open to partnerships and is always on the lookout for talented individuals to join their team.
Keywords: Automotive Technology, Digital Marketplace, TradeBid, Nevo, InstaBid, Electric Vehicles, Car Trading, Car Selling, Dealerships, Dublin Startup.