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Digital Motors

Irvine, California, United States

Valuation

$1.2M

2023 Revenue

$385.6K

Funding

$7.8M

Team

4

Founded

2018

How Digital Motors CEO Andreas Hinrich grew to $385.6K revenue with a 4 person team in 2023.

The future of automotive is digital.

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Digital Motors Revenue

In 2023, Digital Motors's revenue reached $385.6K. The company previously reported $1.9M in 2021. Since its launch in 2018, Digital Motors has shown consistent revenue growth.

Digital Motors Revenue GrowthReported revenue / ARR over time$0$400K$800K$1M$2M$2M201820192020202120222023$0$2M$386KSource: GetLatka.com
YearMilestoneQuote
2023Digital Motors Hit $385.6k revenue in December 2023
2021Digital Motors Hit $1.9m revenue in February 2021
2018Launched with $0 revenue

Digital Motors Valuation, Funding Rounds

Digital Motors's most recent disclosed valuation is $1.2M.

Digital Motors has raised $7.8M in total funding across 1 round, with its most recent round in 2021.

Digital Motors Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$7.8M--

Founder / CEO

Andreas Hinrich

Andy Hinrichs was the Co-Founder and Chief Executive Officer of AutoGravity. An accomplished entrepreneur and seasoned executive, Andy is the visionary behind AutoGravity, building a diverse team of innovators to digitally reinvent car financing for millions of car buyers. Throughout his 20-year financial services career in the U.S., Europe andAsia, Andy has started businesses and led digital initiatives on a global scale. Prior to founding AutoGravity, Andy had profit and loss responsibilities for various Daimler Financial Services markets in Asia, where he tripled the volume of assets under management. Previously, Andy served as Vice President of Marketing for Mercedes-Benz Financial Services USA. Andy holds a bachelor’s degree from Pforzheim University in Germany and an MBA from the University of Louisville.

Q&A

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Customers

We do not have customer count information for Digital Motors yet.

Digital Motors Employees & Team Size

Digital Motors employs approximately 4 people as of 2026, down from 8 in 2022.

Digital Motors Team GrowthReported headcount over time06121824302018201920202021202220230044Source: GetLatka.com
YearMilestone
2023Reached 4 employees (December 2023)
2022Reached 8 employees (December 2022)
2021Reached 24 employees (December 2021)
2021Reached 21 employees (February 2021)

Frequently Asked Questions about Digital Motors

What is Digital Motors's revenue?

Digital Motors generates $385.6K in revenue.

Who founded Digital Motors?

Digital Motors was founded by Andreas Hinrich.

Who is the CEO of Digital Motors?

The CEO of Digital Motors is Andreas Hinrich.

How much funding does Digital Motors have?

Digital Motors raised $7.8M.

How many employees does Digital Motors have?

Digital Motors has 4 employees.

Where is Digital Motors headquarters?

Digital Motors is headquartered in Irvine, California, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Digital Motors Revenue 2023: $385.6K ARR, $1.2M Valuation