Drivetribe

London, United Kingdom Founded: 2016 • Age: 10 yrs
Digital media platform for motoring enthusiasts
Annual revenue $1.4M Latest available
Total funding $12.0M 3 rounds
Employees 35 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Drivetribe

Drivetribe is a company based in London (United Kingdom) founded in 2016. Drivetribe has raised $12 million across 3 funding rounds from investors including 21st Century Fox, Atomico and Breyer Capital. The company has 35 employees as of December 31, 2019. Drivetribe has completed 1 acquisition, including 6Tribes. Drivetribe operates in a competitive market with competitors including Harvest Hosts, Bitauto, JustAnswer, Car Throttle and ZigWheels, among others.

  • Headquarter London, United Kingdom
  • Employees 35 as on 31 Dec, 2019
  • Sectors
    Transportation, Automotive & Logistics
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Drivetribe Limited
  • Date of Incorporation 01 Nov, 2016
  • Jurisdiction LONDON
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Media & Entertainment → Digital Media, Publishing & Broadcasting Unlock Sub-Sector Unlock Segment
Media & Entertainment → Creator Economy & Social Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.42 M (USD)
    0
    as on Dec 31, 2018
  • Net Profit
    $10.84 M (USD)
    350
    as on Dec 31, 2018
  • EBITDA
    $10.69 M (USD)
    334
    as on Dec 31, 2018
  • Total Equity Funding
    $12 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6.5 M (USD), Series A

    Sep 06, 2016

  • Investors
  • Employee Count
    35

    as on Dec 31, 2019

  • Investments & Acquisitions
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People of Drivetribe

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Akshay Kumar
Automotive Content Creator
People
Dave Murdoch
Managing Director
People
Bradley Hayes
Tribe Leader

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm
Locked Locked Locked
Tech-based companies are invested in by Atomico venture capital fund.
Locked Locked Locked
Media corporation in production and distribution of media
Locked Locked Locked
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Investor details for Drivetribe

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Drivetribe

Drivetribe has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 6Tribes.

Investments
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Investment portfolio details for Drivetribe

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Interest-based communities are connected via automated social media analysis.
Locked Locked 2014 Locked
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Complete acquisition details for Drivetribe

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Drivetribe

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Detailed financials for Drivetribe

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  • Profit trends
  • Statement rows
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Drivetribe Comparisons

Drivetribe Primary company
Description
Digital media platform for motoring enthusiasts
Location
London, United Kingdom
Founded Year
2016
Annual Revenue
$1.42 M (USD)
Net Profit
$10.84 M (USD)
EBITDA
$10.69 M (USD)
Employees
35
As of 2019
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Peer comparison for Drivetribe

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Competitors of Drivetribe

Drivetribe 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 Harvest Hosts, Bitauto, JustAnswer, Car Throttle and ZigWheels, among others.

Company Name Domain Founded year HQ Location Description
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Overnight RV stays are facilitated at farms and attractions.
Locked Locked Locked
Auto-related information is provided via an online platform.
Locked Locked Locked
Visitors are connected with independent experts for online Q&A services.
Locked Locked Locked
Community platform for auto enthusiasts
Locked Locked Locked
Online portal to find new and used car deals
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Detailed competitors of Drivetribe

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  • Domains and locations
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Latest news on Drivetribe

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Complete news archive for Drivetribe

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

As of Dec 31, 2019, the latest employee count at Drivetribe is 35.

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's top competitors include Harvest Hosts, JustAnswer and Bitauto.

Drivetribe has made 1 acquisition, including 6Tribes.

Drivetribe has 3 investors. Key investors include 21st Century Fox, Atomico, and Breyer Capital.

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