About Facedrive
Facedrive is a publicly listed company based in Richmond Hill (Canada) founded in 2015 by Imran Khan. Ride-hailing is facilitated through an app-based driver cooperative platform. The company has 6 employees. Facedrive has completed 3 acquisitions, including EcoCred, FoodHWY and HiRide. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include Uride, Greater Edmonton Taxi Service and ZoomZoom.
Company details
Facedrive was established in 2015 in Richmond Hill, Canada, within the mobility and logistics sector. An app-based platform is utilized for ride-hailing operations via a driver cooperative model, where rides are booked using location and passenger details. Real-time tracking and multiple payment options are included. Services extend to food delivery, electric car subscriptions, and an online marketplace for apparel sales. The Android mobile app supports these functions across the region.
- Headquarters Richmond Hill, Canada
- Employees 6
- Founders Imran Khan
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website facedrive.com
- Social X Facebook
- Latest Funding Round$17.5M (USD), Post-IPO
Apr 2022
- InvestorsOntario Canada
& 3 more
- Employee Count6
- Investments & AcquisitionsEcoCred
& 2 more
Funding Insights of Facedrive
- Total Rounds 7
- Last Round Post-IPO — $17.5M
- First Round $1M
(Feb 2020)
- Investors Count 4
All 7 funding rounds of Facedrive 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 |
|---|---|---|---|---|---|
| Apr 2022 | $17.5M | Post-IPO | – | – | |
| Mar 2022 | Post-IPO | – | – | – | |
| Feb 2022 | $4.7M | Post-IPO | – | – | |
| Feb 2021 | $1.97M | Grant | – | – | |
| Jan 2021 | $20.5M | Post-IPO | – | – | – |
| Jun 2020 | $10M | Post-IPO | – | – | – |
| Feb 2020 | $1M | Post-IPO | – | – | – |
4 investors in total: 3 institutional and 1 angel.
Investors in Facedrive
Facedrive has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Ontario Canada, Sayan Navaratnam and Connex Telecommunications.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Delivers integrated tech solutions for customer experience, contact centers, and IT infrastructure services. | 1996 | connexservice.ca | Richmond Hill, Canada | |
Cantel Solutions is engaged in providing telecommunications infrastructure solutions. | cantelsolutions.com | Markham, Canada | ||
Access government services and products | 1881 | ontario.ca | Toronto, Canada | |
SN Sayan Navaratnam | unknown_ed2de37a249e46e48 |
Investor details for Facedrive
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- Complete investor list
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People of Facedrive
11 people are tracked at Facedrive (3 in leadership, 1 in board & advisors, 7 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Imran Khan | Co-Founder | Leadership |
Yuxuan (chris) Pan | Marketing Director of Steer Foods | Leadership |
Maria Verbytska | VP, Special Projects | Leadership |
Junaid Razvi | Chair | Board & advisors |
Carrie Zhang | Social Media Marketing Specialist | Team |
Job Thomas | Senior Manager, Business Development & Operations | Team |
Evelyn Li | Sales Representative | Team |
Ghazal Chashnidel | Electric Vehicles Sales Specialist | Team |
Peirong Zhuang | Sales Specialist | Team |
Sobiya Shaikh | Sales Representative | Team |
Mooik Chung | Social Media Lead & Content Producer | Team |
Complete people profiles for Facedrive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by Facedrive
Facedrive has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include EcoCred, FoodHWY and HiRide.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Carbon footprints are measured through EcoCred's mobile application. | ecocred.io | Illinois, United States | 2018 | Apr 2021 | •••• | |
Online food delivery from local restaurants is facilitated. | foodhwy.com | Mississauga, Canada | 2014 | Oct 2020 | $1.5M | |
A carpooling platform for Canadian travelers is offered by HiRide. | hiride.ca | Waterloo, Canada | 2018 | Mar 2020 | •••• |
Complete acquisition details for Facedrive
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
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Timeline of Facedrive
7 dated milestones of Facedrive across 7 years, from founding to its latest funding, stage changes and deals.
Competitors of Facedrive
Facedrive has 3 listed competitors in our database. They include Uride, Greater Edmonton Taxi Service and ZoomZoom.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| uridetech.com | 2017 | Thunder Bay, Canada | Taxi-hailing services are facilitated via an app-based platform. | |||
| edmtaxi.com | 1945 | Edmonton, Canada | Offers taxi rides, app-based bookings, and deliveries in Edmonton. | |||
| zoom.cab | 2012 | Niagara Falls, Canada | Ride-hailing platform providing safe, affordable on-demand transportation and B2B solutions. |
Detailed competitors of Facedrive
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Web traffic of Facedrive
The website of Facedrive (facedrive.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 2796.5% vs previous month
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Related news about Facedrive
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Frequently Asked Questions about Facedrive
Facedrive was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Facedrive is headquartered in Richmond Hill, Canada. It is registered at Richmond Hill, Ontario, Canada.
Facedrive has 6 employees.
Facedrive was established in 2015 in Richmond Hill, Canada, within the mobility and logistics sector. An app-based platform is utilized for ride-hailing operations via a driver cooperative model, where rides are booked using location and passenger details. Real-time tracking and multiple payment options are included. Services extend to food delivery, electric car subscriptions, and an online marketplace for apparel sales. The Android mobile app supports these functions across the region.
Facedrive's top competitors include Uride, Greater Edmonton Taxi Service and ZoomZoom.
Facedrive has 4 investors. Key investors include Ontario Canada, Sayan Navaratnam, Connex Telecommunications, and Cantel Solutions.