About miDrive
miDrive is a company based in London (United Kingdom) founded in 2011. miDrive has raised $9.38 million across 3 funding rounds from investors including Initial Capital, Force Over Mass and Holiday Extras. The company has 28 employees.
- Headquarter London, United Kingdom
- Employees 28
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website midrive.com
- Social LinkedIn X Facebook
- Legal Name Midrive Limited
- Date of Incorporation 16 Jul, 2014
- Jurisdiction CHATHAM, KENT
- Total Equity Funding$9.38M (USD)
in 3 rounds
- Latest Funding Round$3.42M (USD), Series A
Mar 2018
- InvestorsInitial Capital
& 4 more
- Employee Count28
Funding Insights of miDrive
miDrive has successfully raised a total of $9.38M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.42 million completed in March 2018. 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 $9.38M
- Total Rounds 3
- Last Round Series A — $3.42M
- First Round $3.25M
(Sep 2014)
- Investors Count 5
All 3 funding rounds of miDrive 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 |
|---|---|---|---|---|---|
| Mar 2018 | $3.42M | Series A | – | – | – |
| Jan 2017 | $2.71M | Series A | – | Initial Capital, Force Over Mass | |
| Sep 2014 | $3.25M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in miDrive
miDrive has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Initial Capital, Force Over Mass and Holiday Extras.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward seed and early-stage tech companies. | – | initialcapital.com | London, United Kingdom | |
Venture capital fund focused on SaaS, AI, blockchain, gaming, fintech, and multiple sectors | – | fomcap.com | London, United Kingdom | |
Early-stage VC investments and corporate advisory services are provided. | – | chrystalcapital.com | London, United Kingdom | |
- | – | mbmcp.com | - | |
Holiday Extras is engaged in providing travel-related services. | – | holidayextras.co.uk | - |
Investor details for miDrive
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of miDrive
3 dated milestones of miDrive across 7 years, from founding to its latest funding, stage changes and deals.
- Founded miDrive is founded.
- Funding First funding round of $3.2M.
- Funding Latest funding round, Series A, of $3.4M.
Web traffic of miDrive
Websites that share an audience with miDrive (midrive.com).
Websites whose visitors overlap most with miDrive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
adrivetuition.co.uk | adrivetuition.co.uk | 100% | – | – | – |
| driversed.com | 94% | 367.9K | #74,390 | View details | |
 vocalised.wordpress.com | vocalised.wordpress.com | 53% | – | – | – |
2pass.co.uk | 2pass.co.uk | 48% | – | #4,133,751 | – |
| gov.uk | 39% | 106.6M | #642 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for miDrive
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to miDrive
10 companies that operate in the same segment as miDrive (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 1,043 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 524.53 M | – | 1,046 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | – | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 438.62 M | – | 856 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – | |
Hair coloring kits are provided via an internet-first brand. | 2013 | San Francisco, California, United States | USD 248.9 M | – | 247 |
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Frequently Asked Questions about miDrive
miDrive was founded in 2011 and raised its 1st funding round 3 years after it was founded.
miDrive is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
miDrive is a funded company, having raised a total of $9.38M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.25M, raised on Sep 2014.
miDrive has 28 employees.
miDrive is an online and mobile-based platform for availing driving lessons from local instructors operating in the UK. Users can specify their location and choose from the available learning packages to initiate their training. The company provides physical lessons delivered through partnerships with local independent driving instructors as well as an online platform for practicing driving tests and browsing through related information. Local driving schools independent instructors interested in associating with the company can do so by providing their details on the companys platform. The company earns revenues through commissions charged for every transaction processed through the platform. As of Apr 2017, the companys services are available across the UK.
miDrive has 5 investors. Key investors include Initial Capital, Force Over Mass, Holiday Extras, Chrystal Capital, and MBM Capital Partners.
miDrive operates through Midrive Limited.