About AA Drive Tech
AA Drive Tech is a company based in Basingstoke (United Kingdom) founded in 1990 was acquired by The Automobile Association in July 2009.. The company has 329 employees as of January 31, 2022. AA Drive Tech offers products and services including Police-Referred Courses and Business Fleet Solutions. AA Drive Tech operates in a competitive market with competitors including Aceable, eDriving, Driver Start, Al-Bairmi and Driving-Tests, among others.
- Headquarter Basingstoke, United Kingdom
- Employees 329 as on 31 Jan, 2022
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drivetech (Uk) Limited
- Date of Incorporation 22 Sep, 1998
- Jurisdiction BASINGSTOKE, HAMPSHIRE
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Annual Revenue
$761.94 M (USD)5as on Dec 31, 2022
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Net Profit
$9.9 M (USD)-91as on Dec 31, 2022
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EBITDA
$2.47 M (USD)-98as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
329
as on Jan 31, 2022
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Acquired by
The Automobile Association
(Jul 07, 2009)
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Products & Services of AA Drive Tech
AA Drive Tech offers a comprehensive portfolio of products and services, including Police-Referred Courses and Business Fleet Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Awareness programs for drivers referred by police to improve road safety.
Risk management and training services for businesses to ensure compliance.
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Funding Insights of AA Drive Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AA Drive Tech
AA Drive Tech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include The Automobile Association. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Breakdown cover, insurance, lessons, loans, and motoring advice are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AA Drive Tech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AA Drive Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aa Drive Tech Comparisons
Competitors of AA Drive Tech
AA Drive Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aceable, eDriving, Driver Start, Al-Bairmi and Driving-Tests, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online drivers education courses are offered for licensing and certification.
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| domain | founded_year | HQ Location |
Online driver training and risk management services are offered.
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| domain | founded_year | HQ Location |
Online platform for free driver permit test practice in various US states.
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| domain | founded_year | HQ Location |
Operates an online platform offering driving courses.
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| domain | founded_year | HQ Location |
Provides interactive practice tests for driving license preparation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aa Drive Tech
Frequently Asked Questions about AA Drive Tech
When was AA Drive Tech founded?
AA Drive Tech was founded in 1990.
Where is AA Drive Tech located?
AA Drive Tech is headquartered in Basingstoke, United Kingdom. It is registered at Basingstoke, Hampshire, United Kingdom.
How many employees does AA Drive Tech have?
As of Jan 31, 2022, the latest employee count at AA Drive Tech is 329.
What is the annual revenue of AA Drive Tech?
Annual revenue of AA Drive Tech is $761.94M as on Dec 31, 2022.
What does AA Drive Tech do?
AA Drive Tech was established in 1990 and is based in Basingstoke, United Kingdom. Operations focus on the fleet risk management and driver education sector. Services include Driver Awareness courses for offenders or those in at-fault collisions, with many aligned to the National Driver Offender Retraining Scheme. The company joined the AA Group in 2009 and has integrated acquisitions like Intelligent Data Systems and Nationwide 4x4.
Who are the top competitors of AA Drive Tech?
AA Drive Tech's top competitors include Aceable, eDriving and Teoritentamen.
What products or services does AA Drive Tech offer?
AA Drive Tech offers Police-Referred Courses and Business Fleet Solutions.
Who are AA Drive Tech's investors?
AA Drive Tech has 1 investor. Key investors include The Automobile Association.
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