About Drivetribe
Drivetribe is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2016. Digital media platform for motoring enthusiasts. It operates in the Transportation, Automotive & Logistics and Media & Entertainment sectors. Drivetribe has raised $12 million across 3 funding rounds from investors including 21st Century Fox, Atomico and Breyer Capital. The company has 35 employees. Drivetribe has completed 1 acquisition, including 6Tribes. Its website drivetribe.com draws about 34 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Content Platform and Social Platform. Its legal entity is DRIVETRIBE LIMITED.
Company details
Drivetribe is a digital media platform for motoring and adventure enthusiasts. Hosted content would be video, articles, social and interactive with users signing up to the tribes that reflect their personal motoring interests. Jeremy Clarkson, Richard Hammond and James May will serve as hosts, along with invited stars, and will generate and curate their own content for fans. Invite-only as of Nov 2016.
- Headquarters London, United Kingdom
- Employees 35
- SectorsTransportation, Automotive & LogisticsMedia & Entertainment
- Email••••••••
- Website drivetribe.com
- Social LinkedIn X Facebook
- Legal Name Drivetribe Limited
- Date of Incorporation 01 Nov, 2016
- Jurisdiction LONDON
- Annual Revenue$1.42 M (USD)as on Dec 31, 2018
- Net Profit$10.84 M (USD)350as on Dec 31, 2018
- EBITDA$10.69 M (USD)334as on Dec 31, 2018
- Total Equity Funding$12M (USD)
in 3 rounds
- Latest Funding Round$6.5M (USD), Series A
Sep 2016
- Investors21st Century Fox
& 2 more
- Employee Count35
- Investments & Acquisitions
Funding Insights of Drivetribe
Drivetribe has successfully raised a total of $12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in September 2016. 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 $12M
- Total Rounds 3
- Last Round Series A — $6.5M
- Investors Count 3
All 3 funding rounds of Drivetribe 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 |
|---|---|---|---|---|---|
| Sep 2016 | $6.5M | Series A | – | – | |
| Aug 2016 | $5.5M | Series A | – | – | |
| Apr 2016 | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Drivetribe
Drivetribe has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include 21st Century Fox, Atomico and Breyer Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | breyercapital.com | Menlo Park, United States | ||
Tech-based companies are invested in by Atomico venture capital fund. | 2006 | atomico.com | London, United Kingdom | |
Media corporation in production and distribution of media | 1979 | 21cf.com | New York, United States |
Investor details for Drivetribe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Drivetribe
4 people are tracked at Drivetribe (1 in leadership, 3 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
Dave Murdoch | Managing Director | Leadership |
Akshay Kumar | Automotive Content Creator | Team |
Aaron Alleyne-Wake | Tribe Leader | Team |
Bradley Hayes | Tribe Leader | Team |
Complete people profiles for Drivetribe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Drivetribe
Drivetribe has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 6Tribes.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Interest-based communities are connected via automated social media analysis. | 6tribes.com | London, United Kingdom | 2014 | Apr 2016 | •••• |
Complete acquisition details for Drivetribe
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Drivetribe
4 dated milestones of Drivetribe, from founding to its latest funding, stage changes and deals.
- Founded Drivetribe is founded.
- Funding First funding round.
- Acquisition Acquires 6Tribes.
- Funding Latest funding round, Series A, of $6.5M.
Web traffic of Drivetribe
The website of Drivetribe (drivetribe.com) receives about 34K visits a month.
- Monthly visits34K
▲ 7.7% vs previous month
Top companies in Automotive Retail & Aftersales
2 companies that operate in the same segment as Drivetribe (Automotive Retail & Aftersales) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M |
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Related news about Drivetribe
Complete news archive for Drivetribe
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Frequently Asked Questions about Drivetribe
Drivetribe was founded in 2016.
Drivetribe is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Drivetribe is a funded company, having raised a total of $12M across 3 funding rounds to date.
Drivetribe has 35 employees.
Annual revenue of Drivetribe is $1.42M as on Dec 31, 2018.
Drivetribe is a digital media platform for motoring and adventure enthusiasts. Hosted content would be video, articles, social and interactive with users signing up to the tribes that reflect their personal motoring interests. Jeremy Clarkson, Richard Hammond and James May will serve as hosts, along with invited stars, and will generate and curate their own content for fans. Invite-only as of Nov 2016.
Drivetribe has made 1 acquisition, including 6Tribes.
Drivetribe has 3 investors. Key investors include 21st Century Fox, Atomico, and Breyer Capital.
Drivetribe operates through Drivetribe Limited.