About DriverReach
DriverReach is a company based in Indianapolis (United States) founded in 2015 was acquired by Tenstreet in March 2025.. DriverReach has raised $11.78 million across 5 funding rounds from investors including Tenstreet, Fulcrum Equity Partners and CreativeCo. DriverReach offers products and services including CDL Recruiting Services and Compliance Solutions. DriverReach operates in a competitive market with competitors including Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
- Headquarter Indianapolis, United States
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Products & Services of DriverReach
DriverReach offers a comprehensive portfolio of products and services, including CDL Recruiting Services and Compliance Solutions. 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.
Platform for CDL driver recruiting and compliance verification processes.
Tools for ensuring driver compliance in transportation operations.
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Funding Insights of DriverReach
DriverReach has successfully raised a total of $11.78M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $750 thousand completed in December 2024. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $750,000
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First Round
First Round
(28 Aug 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Series A - DriverReach | Valuation |
investors |
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| Dec, 2023 | Amount | Series A - DriverReach | Valuation |
investors |
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| Aug, 2023 | Amount | Series A - DriverReach | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 DriverReach
DriverReach has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Tenstreet, Fulcrum Equity Partners and CreativeCo. 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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Private equity investments are managed across the United States.
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Founded Year | Domain | Location | |
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CreativeCo is engaged in providing growth equity to software founders.
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Founded Year | Domain | Location | |
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Driver recruitment and management are streamlined via specialized software.
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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 DriverReach
| 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 - DriverReach
| 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 |
Driverreach Comparisons
Competitors of DriverReach
DriverReach 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 Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, 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 |
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| domain | founded_year | HQ Location |
Talent experience management platforms are provided for engagement and recruitment.
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| domain | founded_year | HQ Location |
An AI platform is provided for talent acquisition and management.
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| domain | founded_year | HQ Location |
Cloud-based ATS and hiring platform services are provided.
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| domain | founded_year | HQ Location |
Talent acquisition software is provided by iCIMS since 2000.
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| domain | founded_year | HQ Location |
A video interview platform is operated by HireVue since 2004.
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| domain | founded_year | HQ Location |
Cloud-based applicant tracking solutions are offered for candidate hiring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Driverreach
Frequently Asked Questions about DriverReach
When was DriverReach founded?
DriverReach was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is DriverReach located?
DriverReach is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Is DriverReach a funded company?
DriverReach is a funded company, having raised a total of $11.78M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Aug 28, 2020.
What does DriverReach do?
Cloud-based recruiting and compliance management software for hiring CDL drivers is offered by DriverReach, founded in 2015 in Indianapolis, United States. Applicant tracking, communications management, job marketing, document handling, reporting, and compliance features are included in the platform. Background checks, drug testing, and DOT physicals are automated to streamline processes. Hiring metrics are monitored through analytics tools. Operations rely on a subscription-based pricing model.
Who are the top competitors of DriverReach?
DriverReach's top competitors include Phenom, Eightfold and Greenhouse.
What products or services does DriverReach offer?
DriverReach offers CDL Recruiting Services and Compliance Solutions.
Who are DriverReach's investors?
DriverReach has 3 investors. Key investors include Tenstreet, Fulcrum Equity Partners, and CreativeCo.
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