Drover
A VC-backed marketplace company offering monthly, all-in car subscriptions to customers who want to experience car ownership as it should be: flexible and at a fair, transparent price.
Launch date
Employees
Market cap
-
Enterprise valuation
CAD185m (Public information from Dec 2020)
Company register number 09829742
London England (HQ)
Financials
Estimates*
| EUR | 2019 | 2020 | 2021 |
|---|---|---|---|
| Revenues | 18.4m | 15.0m | 10.9m |
| % growth | - | (19 %) | (27 %) |
| EBITDA | (13.7m) | (10.0m) | (1.8m) |
| % EBITDA margin | (75 %) | (67 %) | (17 %) |
| Profit | (13.2m) | (13.7m) | (4.3m) |
| % profit margin | (72 %) | (91 %) | (40 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
£2.0m | Seed | ||
€1.2m | Seed | ||
* | £5.5m | Series A | |
€6.5m | Series A | ||
£20.5m | Series B | ||
* | N/A | Media For Equity | |
£2.3m Valuation: £103m 6.7x EV/LTM Revenues -9.0x EV/LTM EBITDA | Series B | ||
N/A Valuation: £103m 6.7x EV/LTM Revenues -9.0x EV/LTM EBITDA | Acquisition | ||
| Total Funding | CAD66.0m | ||
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