About Drive.SG
Drive.SG is a company based in Singapore (Singapore) founded in 2011. Drive.SG has raised $947 thousand across 2 funding rounds from investors including Insas Berhad and John Tan. Drive.SG operates in a competitive market with competitors including GetGo, Drive lah, BlueSG, Smove and CarClub, among others.
- Annual Revenue$262.81 K (USD)85as on Aug 31, 2019
- Net Profit$9.88 K (USD)114as on Aug 31, 2019
- Total Equity Funding$947K (USD)
in 2 rounds
- Latest Funding Round$790K (USD), Series A
Mar 2014
- InvestorsInsas Berhad
& 1 more
Funding Insights of Drive.SG
Drive.SG has successfully raised a total of $947K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $790 thousand completed in March 2014. 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 $947,000
- Total Rounds 2
- Last Round Series A — $790,000
- First Round $157,000
(Jan 2013)
- Investors Count 2
All 2 funding rounds of Drive.SG 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 |
|---|---|---|---|---|---|
| Mar 2014 | $790,000 | Series A | – | – | |
| Jan 2013 | $157,000 | Seed | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Drive.SG
Drive.SG has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Insas Berhad and John Tan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services are provided by Insas Berhad in Malaysia. | 1961 | insas.net | Kluang, Malaysia | |
JT John Tan | - | – | unknown_5017d434b4424063b | - |
Investor details for Drive.SG
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Drive.SG
3 dated milestones of Drive.SG across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Drive.SG is founded.
- Funding First funding round of $157K.
- Funding Latest funding round, Series A, of $790K.
Competitors of Drive.SG
Drive.SG 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 GetGo, Drive lah, BlueSG, Smove and CarClub, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getgo.sg | 2020 | Singapore | $14.93M | – | Cars are located, unlocked, and returned via a mobile app. | |
| drivelah.sg | 2018 | Singapore | $8.2M | – | Cars are listed and rented peer-to-peer via an online platform. | |
| bluesg.com.sg | 2017 | Singapore | – | – | Electric fleet-based car sharing services are provided in Singapore. | |
| smove.sg | 2011 | Singapore | $1.1M | – | Online car rental platform | |
| carclub.com.sg | 2013 | Singapore | – | – | Pay-per-use car rentals are facilitated from stations in Singapore. | |
| carlite.sg | 2018 | Singapore | – | – | An online platform providing convenient car rental services to customers. | |
| icarsclub.com | 2012 | Singapore | – | – | An online peer-to-peer marketplace for convenient car rentals. | |
| singaporeairportcarrental.com | 2010 | Singapore | – | – | Operates an online platform for car rentals in Singapore. |
Detailed competitors of Drive.SG
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Drive.SG
Websites that share an audience with Drive.SG (drive.sg).
Websites whose visitors overlap most with Drive.SG. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
avis.com.sg | avis.com.sg | 100% | – | #1,876,230 | – |
expresscar.com.sg | expresscar.com.sg | 98% | – | – | – |
| popularcar.com | 76% | 2.8K | #6,018,597 | View details | |
hertz.com.sg | hertz.com.sg | 72% | – | #696,587 | – |
| motorwaycarrentals.com | 72% | – | #6,025,666 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Drive.SG
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Drive.SG
10 companies that operate in the same segment as Drive.SG (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Drive.SG
Drive.SG was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Drive.SG is headquartered in Singapore, Singapore.
Drive.SG is a funded company, having raised a total of $947K across 2 funding rounds to date. The company's 1st funding round was a Seed of $157K, raised on Jan 2013.
Annual revenue of Drive.SG is $262.81K as on Aug 31, 2019.
Drive.SG was founded in 2011 in Singapore, where an online B2C car rental marketplace is operated. Cars are selected and compared by users, with hire and return dates specified. Bookings are completed through a mobile app via online payments. The app is available on iOS and Android platforms, serving the car rental sector in Singapore.
Drive.SG has 2 investors. Key investors include Insas Berhad, and John Tan.
Drive.SG operates through Drive.Sg Pte. Ltd.