About Flexdrive
Flexdrive is a Transportation, Automotive & Logistics company based in Atlanta (United States) founded in 2014 by Jose Ignacio Puente, and was acquired by Lyft in February 2020. It operates as a subscription-based car service is offered without mileage restrictions. Its chief executive is Jose Ignacio Puente. Its website flexdrive.com draws about 10 thousand monthly visits. Flexdrive offers products and services including Fleet Management Platform, Vehicle Access Services, and Maintenance and Repair Services. Its focus areas include Consumer, Auto E-Commerce & Content, Subscription and Cars. Its competitors include Autonomy, Canoo, LMP Motors, GO and Borrow and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
Flexdrive was founded in 2014 in Atlanta, United States, within the mobility sector. A subscription model for cars is operated on a weekly or monthly basis, with insurance, maintenance, and roadside assistance included. No long-term commitments or mileage limits are imposed. An app is utilized by users to select vehicles, payment plans, and pickup times. Vehicles suitable for Uber operations are also supplied to drivers seeking additional income.
- Headquarters Atlanta, United States
- Founders Jose Ignacio Puente
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website flexdrive.com
- Social LinkedIn X Facebook
- Acquired by Lyft (Feb 2020)
Products & Services of Flexdrive
Flexdrive offers a comprehensive portfolio of products and services, including Fleet Management Platform, Vehicle Access Services, and Maintenance and Repair Services.
Online tool for monitoring fleet utilization and automating maintenance tasks
Provides customizable vehicle rental, leasing, and ownership options with insurance
Offers preventative maintenance and collision repair to minimize fleet downtime
Investors in Flexdrive
Flexdrive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lyft.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App-based ride-hailing aggregator | 2007 | lyft.com | San Francisco, United States |
Investor details for Flexdrive
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People of Flexdrive
4 people are tracked at Flexdrive (1 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Jose Ignacio Puente | Founder & CEO | Leadership |
Patrick Skellington | Express Drive Collision Lead | Team |
Isena Garcia | Operations Manager, Fleet Services | Team |
Alex Bradshaw | Growth Operations Lead | Team |
Complete people profiles for Flexdrive
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Timeline of Flexdrive
2 dated milestones of Flexdrive across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Flexdrive is founded.
- Exit Acquired by Lyft.
Competitors of Flexdrive
Flexdrive has 7 listed competitors in our database, 5 of them funded. They include Autonomy, Canoo, LMP Motors, GO and Borrow, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autonomy.com | 1996 | Phoenix, United States | $32.75M | 15,156 | Electric car subscriptions are facilitated via an app-based platform. | |
| canoo.com | 2017 | Torrance, United States | – | 1,584 | Multiple categories of electric vehicles are designed and developed. | |
| lmpmotors.com | 2016 | Fort Lauderdale, United States | $10.91M | 17 | Subscription-based car access is facilitated through an app-based marketplace. | |
| drivego.com | 2020 | Philadelphia, United States | $49.3M | – | Cars are subscribed to and accessed via an online platform. | |
| joinborrow.com | 2017 | West Hollywood, United States | $100,000 | – | Electric vehicle subscriptions are offered through an online platform. | |
| freshcar.com | 2016 | Detroit, United States | $120,000 | – | Online car subscription platform | |
| joindrivesy.com | 2014 | Atlanta, United States | – | – | An online app offering convenient car subscription services for flexible vehicle access. |
Detailed competitors of Flexdrive
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Web traffic of Flexdrive
The website of Flexdrive (flexdrive.com) receives about 10.1K visits a month.
- Monthly visits10.1K
▲ 92.7% vs previous month
Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as Flexdrive (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Related news about Flexdrive
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Frequently Asked Questions about Flexdrive
Flexdrive was founded in 2014.
Flexdrive is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Jose Ignacio Puente is the current CEO of Flexdrive. They have also founded this company.
Flexdrive was founded in 2014 in Atlanta, United States, within the mobility sector. A subscription model for cars is operated on a weekly or monthly basis, with insurance, maintenance, and roadside assistance included. No long-term commitments or mileage limits are imposed. An app is utilized by users to select vehicles, payment plans, and pickup times. Vehicles suitable for Uber operations are also supplied to drivers seeking additional income.
Flexdrive's top competitors include Autonomy, Canoo and LMP Motors.
Flexdrive offers Fleet Management Platform, Vehicle Access Services, and Maintenance and Repair Services.
Flexdrive has 1 investor. Key investors include Lyft.
Yes. Flexdrive was acquired by Lyft in February 2020.