About Drive My Car
Drive My Car is a company based in Potts Point (Australia) founded in 2010.. Drive My Car operates in a competitive market with competitors including Hyrecar, WeFlex, Splend, DriveItAway and Tribecar, among others.
- Headquarter Potts Point, Australia
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Carly Car Subscription Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Drive My Car
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series A - Drive My Car | Valuation |
investors |
| 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 Drive My Car
Drive My Car has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Dominet Venture Partners. 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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Funding and support are provided to blockchain startups by Dominet.
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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 Drive My Car
| 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 - Drive My Car
| 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 |
Drive My Car Comparisons
Competitors of Drive My Car
Drive My Car 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 Hyrecar, WeFlex, Splend, DriveItAway and Tribecar, 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 |
Cars are rented via an app-based platform to rideshare drivers.
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| domain | founded_year | HQ Location |
Online platform offering electric car-rental services for ride-hailing drivers
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| domain | founded_year | HQ Location |
Online car rental platform for rideshare drivers
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| domain | founded_year | HQ Location |
Online car rental platform for ridesharing drivers
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| domain | founded_year | HQ Location |
Provides short-term car rental services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Drive My Car
Frequently Asked Questions about Drive My Car
When was Drive My Car founded?
Drive My Car was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Drive My Car located?
Drive My Car is headquartered in Potts Point, Australia. It is registered at Potts Point, New South Wales, Australia.
What does Drive My Car do?
DriveMyCar was founded in 2010 and is based in Potts Point, Australia. The platform operates in the peer-to-peer car rental sector, allowing vehicle owners to lease their cars to renters for extended periods. Users are screened prior to bookings, with all rentals covered by insurance and supported by 247 roadside assistance. Feedback from past rentals is reviewed to inform future transactions.
Who are the top competitors of Drive My Car?
Drive My Car's top competitors include Hyrecar, DriveItAway and Splend.
Who are Drive My Car's investors?
Drive My Car has 1 investor. Key investors include Dominet Venture Partners.