About DRVR
DRVR is a company based in Bangkok (Thailand) founded in 2014 was acquired by Sentiance in November 2024.. DRVR has raised $450 thousand across 3 funding rounds from investors including Sentiance, Smart Axiata Digital Innovation Fund and K-Startup Grand Challenge.
- Headquarter Bangkok, Thailand
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drvr Co., Ltd.
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Annual Revenue
$326.41 M (USD)-2as on Dec 31, 2021
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Net Profit
$-36.51 M (USD)-1036as on Dec 31, 2021
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EBITDA
$-33.88 M (USD)-5314as on Dec 31, 2021
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Total Equity Funding
$450 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Sentiance
& 2 more
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Employee Count
Employee Count
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Acquired by
Sentiance
(Nov 04, 2024)
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Funding Insights of DRVR
DRVR has successfully raised a total of $450K across 3 strategic funding rounds. 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - DRVR | Valuation | Smart Axiata Digital Innovation Fund |
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| Jun, 2018 | Amount | Seed - DRVR | Valuation |
investors |
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| Jun, 2018 | Amount | Grant - DRVR | 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 DRVR
DRVR has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sentiance, Smart Axiata Digital Innovation Fund and K-Startup Grand Challenge. 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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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is provided to startups through global programs.
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Founded Year | Domain | Location | |
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Provider of on-device AI motion insights for improved road safety
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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 DRVR
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - DRVR
| 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 |
Drvr Comparisons
Competitors of DRVR
| 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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Latest news on Drvr
Frequently Asked Questions about DRVR
When was DRVR founded?
DRVR was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is DRVR located?
DRVR is headquartered in Bangkok, Thailand.
Is DRVR a funded company?
DRVR is a funded company, having raised a total of $450K across 3 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Jun 01, 2018.
What is the annual revenue of DRVR?
Annual revenue of DRVR is $326.41M as on Dec 31, 2021.
What does DRVR do?
DRVR was established in 2014 in Bangkok, Thailand, within the data analytics sector for fleet management. Operations center on big data analysis of driving behavior to optimize efficiency, lower costs, and elevate customer service levels. Relevant data is collected to facilitate business expansion. Solutions for fleet utilization and real-time monitoring are delivered, with primary focus on Asian markets.
Who are DRVR's investors?
DRVR has 3 investors. Key investors include Sentiance, Smart Axiata Digital Innovation Fund, and K-Startup Grand Challenge.