Digital Motors
Irvine, California, United States
2023 Revenue
$385.6K(Est.)
Funding
$7.8M
Team
4
Founded
2018
Digital Motors Revenue & Funding (2023)
Digital Motors generated an estimated $385.6K in annual revenue in 2023. Source: GetLatka estimate
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.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Digital Motors Hit $385.6k revenue in December 2023 | Estimated |
| 2021 | Digital Motors Hit $1.9m revenue in February 2021 | Not recorded |
| 2018 | Launched with $0 revenue |
Digital Motors Valuation, Funding Rounds
Digital Motors has not publicly disclosed its valuation. The company has raised $7.8M in total funding to date.
Digital Motors has raised $7.8M in total funding across 1 round, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $7.8M | - | - | Not recorded |
Founder / CEO
Andreas Hinrich
CEO
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.
Digital Motors Employees & Team Size
Digital Motors employs approximately 4 people as of 2026, down from 8 in 2022.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 4 employees (December 2023) | Not recorded |
| 2022 | Reached 8 employees (December 2022) | Not recorded |
| 2021 | Reached 24 employees (December 2021) | Not recorded |
| 2021 | Reached 21 employees (February 2021) | Not recorded |
Frequently Asked Questions about Digital Motors
Is Digital Motors still operating?
No. Digital Motors has shut down.
What is Digital Motors's revenue?
As of 2023, Digital Motors generated an estimated $385.6K in annual revenue.
Who founded Digital Motors?
Digital Motors was founded by Andreas Hinrich.
When was Digital Motors founded?
Digital Motors was founded in 2018.
How much funding does Digital Motors have?
Digital Motors raised $7.8M across 1 round.
How many employees does Digital Motors have?
As of 2023, Digital Motors had 4 employees.
Where is Digital Motors headquartered?
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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