About Drivemode
Drivemode is a company based in San Jose (United States) founded in 2014 was acquired by Honda in October 2019. Drivemode has raised $11.8 million across 4 funding rounds from investors including Panasonic, Honda and Honda Innovations. Drivemode operates in a competitive market with competitors including Hi Auto, Cerence, Perceptive Automata, German Autolabs and BlueTo, among others.
- Headquarter San Jose, United States
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TechnologyTransportation, Automotive & Logistics
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Funding Insights of Drivemode
Drivemode has successfully raised a total of $11.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $9.15 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Drivemode
Drivemode has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Panasonic, Honda and Honda Innovations.
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Business accelerator firm backed by Honda
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Venture capital investments and startup support services are provided by Incubate Fund in Japan.
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Investor details for Drivemode
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Investments & Acquisitions by Drivemode
Investment portfolio details for Drivemode
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Financial Statements - Drivemode
Detailed financials for Drivemode
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Drivemode Comparisons
Peer comparison for Drivemode
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Competitors of Drivemode
Drivemode 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 Hi Auto, Cerence, Perceptive Automata, German Autolabs and BlueTo, among others.
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Speech-to-intention recognition platform for automobile in-cabin intelligence is developed.
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AI and SaaS-enabled virtual assistants for connected vehicles are provided.
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An AI-enabled platform providing perception software for autonomous vehicles.
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Digital co-driver for vehicles is developed using AI and IoT.
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Delivers voice assistant solutions for car multimedia and mobile devices.
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Detailed competitors of Drivemode
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Latest news on Drivemode
Complete news archive for Drivemode
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Frequently Asked Questions about Drivemode
Drivemode was founded in 2014.
Drivemode is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Drivemode is a funded company, having raised a total of $11.8M across 4 funding rounds to date.
Drivemode was founded in 2014 in San Jose, United States, and operates in the mobile technology sector focused on driver safety. Access to essential phone features such as calls, messages, navigation, apps, and music is provided via a platform compatible with Android and iOS devices. The service is designed to minimize distractions while driving, with operations centered on app-based functionalities for everyday use.
Drivemode's top competitors include Hi Auto, Cerence and German Autolabs.
Drivemode has 7 investors. Key investors include Panasonic, Honda, Honda Innovations, NEC Capital Solutions, and Mitsui Sumitomo Insurance.