About DriveNow
DriveNow is a company based in Munchen (Germany) founded in 2011 was acquired by BMW Group in January 2018. DriveNow operates in a competitive market with competitors including TIER, Sixt, MILES Mobility, SHARE NOW and Car2go, among others.
- Headquarter Munchen, Germany
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Funding Insights of DriveNow
Detailed funding history for DriveNow
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Investors in DriveNow
DriveNow has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BMW Group.
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Automotive manufacturing company
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Investor details for DriveNow
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Investments & Acquisitions by DriveNow
Investment portfolio details for DriveNow
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Financial Statements - DriveNow
Detailed financials for DriveNow
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Drivenow Comparisons
Peer comparison for DriveNow
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Competitors of DriveNow
DriveNow 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 TIER, Sixt, MILES Mobility, SHARE NOW and Car2go, among others.
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Electric kick-scooters are rented through a mobile app platform.
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Rental cars and trucks are provided via an online platform.
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App-based dockless car rentals are facilitated in select German cities.
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App-based platform for electric-car rental
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Operates an app-based platform for online car sharing.
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Detailed competitors of DriveNow
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Latest news on Drivenow
Complete news archive for DriveNow
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Frequently Asked Questions about DriveNow
DriveNow was founded in 2011.
DriveNow is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Annual revenue of DriveNow is $50.05M as on Dec 31, 2023.
DriveNow was established in 2011 in Munich, Germany, as a joint venture between BMW, MINI, and Sixt in the car-sharing sector. Operations involve a one-time registration fee of 29 euros, with per-minute charging for usage. Petrol, insurance, parking tickets, and road tax are covered, without annual or monthly fees. Vehicles are located and booked through an app, and rentals can be ended by parking anywhere within the business area.
DriveNow's top competitors include Sixt, TIER and MILES Mobility.
DriveNow has 1 investor. Key investors include BMW Group.