About DriverReach
DriverReach is a Technology company based in Indianapolis (United States) founded in 2015, and was acquired by Tenstreet in March 2025. It operates as a cloud-based software for CDL driver recruiting and compliance is provided. It operates in the Technology and Transportation, Automotive & Logistics sectors. 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. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Indianapolis, United States
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics
- Website driverreach.com
- Social LinkedIn X Facebook
- Acquired by Tenstreet (Mar 2025)
Products & Services of DriverReach
DriverReach offers a comprehensive portfolio of products and services, including CDL Recruiting Services and Compliance Solutions.
Platform for CDL driver recruiting and compliance verification processes.
Tools for ensuring driver compliance in transportation operations.
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 $11.78M
- Total Rounds 5
- Last Round Series A — $750,000
- First Round $675,000
(Aug 2020)
- Investors Count 2
All 5 funding rounds of DriverReach with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $750,000 | Series A | – | – | – |
| Dec 2023 | $2.53M | Series A | – | – | – |
| Aug 2023 | $1M | Series A | – | – | – |
| Dec 2021 | $7.5M | Series A | – | Fulcrum Equity Partners | |
| Aug 2020 | $675,000 | Debt – Conventional | – | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed across the United States. | – | fulcrumep.com | Atlanta, United States | |
CreativeCo is engaged in providing growth equity to software founders. | 2020 | creative.co | - | |
Driver recruitment and management are streamlined via specialized software. | 2006 | tenstreet.com | Tulsa, United States |
Investor details for DriverReach
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People of DriverReach
1 people are tracked at DriverReach (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joshua Burgess | Senior Director of Finance | Leadership |
Complete people profiles for DriverReach
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of DriverReach
4 dated milestones of DriverReach across 10 years, from founding to its latest funding, stage changes and deals.
- Founded DriverReach is founded.
- Funding First funding round of $675K.
- Funding Latest funding round, Series A, of $750K.
- Exit Acquired by Tenstreet.
Competitors of DriverReach
DriverReach has 9 listed competitors in our database, 9 of them funded. They include Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phenom.com | 2010 | Ambler, United States | $169.42M | 797 | Talent experience management platforms are provided for engagement and recruitment. | |
| eightfold.ai | 2016 | Santa Clara, United States | $410M | 283 | An AI platform is provided for talent acquisition and management. | |
| smartrecruiters.com | 2010 | San Francisco, United States | $225.01M | – | Cloud-based ATS and hiring platform services are provided. | |
| icims.com | 2000 | Holmdel, United States | $93.46M | – | Talent acquisition software is provided by iCIMS since 2000. | |
| hirevue.com | 2004 | South Jordan, United States | $93.4M | 356 | A video interview platform is operated by HireVue since 2004. | |
| greenhouse.com | 2012 | New York, United States | $110.5M | 677 | Cloud-based applicant tracking solutions are offered for candidate hiring. | |
| brainshark.com | 1999 | Waltham, United States | $20.9M | 314 | SaaS-based sales-enablement platform for training and coaching is provided. | |
| hireology.com | 2010 | Chicago, United States | $53.46M | 169 | Cloud-based ATS suite offered for small and medium businesses. | |
| jazzhr.com | 2009 | Pittsburgh, United States | $41.77M | 108 | Cloud-based applicant tracking and recruitment tools are provided. |
Detailed competitors of DriverReach
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as DriverReach (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Driverreach
Complete news archive for DriverReach
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Frequently Asked Questions about DriverReach
DriverReach was founded in 2015 and raised its 1st funding round 5 years after it was founded.
DriverReach is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
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 Debt – Conventional of $675K, raised on Aug 2020.
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.
DriverReach's top competitors include Phenom, Eightfold and Greenhouse.
DriverReach offers CDL Recruiting Services and Compliance Solutions.
DriverReach has 3 investors. Key investors include Tenstreet, Fulcrum Equity Partners, and CreativeCo.
Yes. DriverReach was acquired by Tenstreet in March 2025.