About TheDrive
TheDrive is a company based in New York (United States) founded in 2007 was acquired by North Equity in December 2018. TheDrive has raised $6 million across 1 funding round from investors including North Equity. TheDrive offers products and services including Car News Website, Newsletter Service, and Merchandise Shop. TheDrive operates in a competitive market with competitors including Drivetribe, Bitauto, Car Throttle, ZigWheels and Tonit, among others.
- Headquarter New York, United States
-
Sectors
Transportation, Automotive & LogisticsMedia & Entertainment
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$6 M (USD)
in 1 rounds
-
Latest Funding Round
$6 M (USD), Series A
Oct 07, 2019
- Investors
-
Employee Count
Not available
-
Acquired by
North Equity
(Dec 18, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of TheDrive
TheDrive offers a comprehensive portfolio of products and services, including Car News Website, Newsletter Service, and Merchandise Shop.
Online hub for automotive news and reviews
Email updates on car news and features
Platform for buying car-related merchandise
People of TheDrive
Unlock access to complete
Software Development Team
12 people
Leadership Team
1 people
General Team
1 people
Unlock access to complete
Funding Insights of TheDrive
TheDrive has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in October 2019. 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 TheDrive
TheDrive has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include North Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
North Equity is focused on investing in AI innovation and transformation.
|
Locked | Locked | Locked |
Investor details for TheDrive
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TheDrive
Investment portfolio details for TheDrive
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - TheDrive
Detailed financials for TheDrive
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Thedrive Comparisons
Peer comparison for TheDrive
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of TheDrive
TheDrive 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 Drivetribe, Bitauto, Car Throttle, ZigWheels and Tonit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Digital media platform for motoring enthusiasts
|
|
| Locked | Locked | Locked |
Auto-related information is provided via an online platform.
|
|
| Locked | Locked | Locked |
Community platform for auto enthusiasts
|
|
| Locked | Locked | Locked |
Online portal to find new and used car deals
|
|
| Locked | Locked | Locked |
App-based networking platform for motorcycle enthusiasts is provided.
|
|
| Locked | Locked | Locked |
Official website of monthly automobile magazine
|
Detailed competitors of TheDrive
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Thedrive
Complete news archive for TheDrive
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TheDrive
TheDrive was founded in 2007 and raised its 1st funding round 12 years after it was founded.
TheDrive is headquartered in New York, United States. It is registered at New York, New York, United States.
TheDrive is a funded company, having raised a total of $6M across 1 funding round to date.
TheDrive was founded in 2007 in New York, United States, and is owned and operated by Time, Inc. as a digital media portal focused on the automotive sector. Coverage is extended to motorcycles, cars, drones, airplanes, and automotive culture, including latest releases. Operations include content creation and distribution, with monetization achieved through display ads, banner ads, and sponsored content.
TheDrive's top competitors include Drivetribe, Bitauto and ZigWheels.
TheDrive offers Car News Website, Newsletter Service, and Merchandise Shop.
TheDrive has 1 investor. Key investors include North Equity.