About DriverBoost
DriverBoost is a company based in Miami (United States) founded in 2021. It operates as a D2C. DriverBoost offers products and services including Cash Advance Service and Application Platform. DriverBoost operates in a competitive market with competitors including Peblo, Ivy Growth, GigAid and Lenders Nation, among others.
- Headquarter Miami, United States
-
Sectors
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of DriverBoost
DriverBoost offers a comprehensive portfolio of products and services, including Cash Advance Service and Application Platform. 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.
Provides quick cash advances up to $500 for drivers without credit checks.
Enables secure online applications and instant decisions for financial aid.
Funding Insights of DriverBoost
| 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 |
Investments & Acquisitions by DriverBoost
| 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 - DriverBoost
| 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 |
Driverboost Comparisons
Competitors of DriverBoost
DriverBoost 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 Peblo, Ivy Growth, GigAid and Lenders Nation, 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 |
Revenue-based financing is provided to content creators and agencies.
|
|
| domain | founded_year | HQ Location |
Offers cash advances and financial tools for gig workers and platforms in the economy.
|
|
| domain | founded_year | HQ Location |
Offers online cash advances for immediate financial assistance with application verification.
|
|
| domain | founded_year | HQ Location |
Provides comprehensive online solutions for payday and short-term loans.
|
| 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.
|
Frequently Asked Questions about DriverBoost
When was DriverBoost founded?
DriverBoost was founded in 2021.
Where is DriverBoost located?
DriverBoost is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does DriverBoost do?
DriverBoost is a financial service offering cash advances up to 500 for independent drivers like those at Uber and Lyft. It operates without credit checks, requiring only a linked checking account for quick approvals and repayments through small automated debits from future earnings. Based in Miami, USA, it serves gig workers by addressing short-term financial needs with simple applications and direct deposits, focusing on accessibility and ease.
Who are the top competitors of DriverBoost?
DriverBoost's top competitors include Peblo, Ivy Growth and GigAid.
What products or services does DriverBoost offer?
DriverBoost offers Cash Advance Service and Application Platform.