About Drivers Direct
Drivers Direct is a company based in Runcorn (United Kingdom) founded in 2002.. Drivers Direct offers products and services including Driver Recruitment and Driver Training.
- Headquarter Runcorn, United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drivers Direct Recruitment Agency Ltd
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Annual Revenue
$30.96 M (USD)8as on Mar 31, 2022
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Net Profit
$1.48 M (USD)82as on Mar 31, 2022
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EBITDA
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Latest Funding Round
$2.37 M (USD), Debt – Conventional
Nov 10, 2021
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Investors
Frontier Development Capital
& 1 more
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Employee Count
Employee Count
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Acquired by
N/A
(Nov 10, 2021)
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Products & Services of Drivers Direct
Drivers Direct offers a comprehensive portfolio of products and services, including Driver Recruitment and Driver Training. 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.
Recruitment and placement of drivers for logistics roles is conducted to connect professionals with temporary and permanent positions.
CPC training and assessments for drivers are provided to enhance skills within the logistics sector.
Funding Insights of Drivers Direct
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $2.4M
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First Round
First Round
(10 Nov 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Debt – Conventional - Drivers Direct | Valuation |
investors |
| 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 |
Investors in Drivers Direct
Drivers Direct has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Frontier Development Capital. 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 debt fund focused on mid-market SME and property developers
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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 Drivers Direct
| 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 - Drivers Direct
| 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 |
Drivers Direct Comparisons
Competitors of Drivers Direct
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Drivers Direct
When was Drivers Direct founded?
Drivers Direct was founded in 2002 and raised its 1st funding round 19 years after it was founded.
Where is Drivers Direct located?
Drivers Direct is headquartered in Runcorn, United Kingdom. It is registered at Runcorn, Cheshire, United Kingdom.
What is the annual revenue of Drivers Direct?
Annual revenue of Drivers Direct is $30.96M as on Mar 31, 2022.
What does Drivers Direct do?
Drivers Direct was established in 2002 in Runcorn, United Kingdom. Services in the road transport sector are focused on recruitment, candidate placement, and professional training. Operations are centered on connecting qualified drivers with employers through targeted sourcing and skill development programs. The company serves businesses across the UK logistics and haulage industries, emphasizing compliance and efficiency in workforce solutions.
What products or services does Drivers Direct offer?
Drivers Direct offers Driver Recruitment and Driver Training.
Who are Drivers Direct's investors?
Drivers Direct has 1 investor. Key investors include Frontier Development Capital.