Drive Rental

Red Deer, Canada Founded: 2012 • Age: 14 yrs Acquired By Cahill Services
Flameless heating solutions are rented to industrial clients across Canada.

About Drive Rental

Drive Rental, established in 2012, excels in industrial goods and manufacturing, and manufacturing services. Provider of flameless heating solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarter Red Deer, Canada
  • Founders Lance Wolgemuth, Adrian Lachance
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Cahill Services

    (Jun 06, 2016)

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Funding Insights of Drive Rental

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Drive Rental

Drive Rental has secured backing from 1 investor. Prominent investors backing the company include Cahill Services. 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.

All
Investor Description Founded Year Domain Location
Specialty rental services are provided to oil and gas sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Drive Rental

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Drive Rental

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Drive Rental Comparisons

Employees
+
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Competitors of Drive Rental

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Drive Rental

Frequently Asked Questions about Drive Rental

When was Drive Rental founded?

Drive Rental was founded in 2012.

Where is Drive Rental located?

Drive Rental is headquartered in Red Deer, Canada. It is registered at Red Deer, Alberta, Canada.

What does Drive Rental do?

Drive Rental, established in 2012, excels in industrial goods and manufacturing, and manufacturing services. Provider of flameless heating solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Who are Drive Rental's investors?

Drive Rental has 1 investor. Key investors include Cahill Services.

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