DriveX revenue is $360k
DriveX is worth $5 million valuation
DriveX team size is 11 employees
DriveX
- Tallinn, Tallinn, Estonia
How DriveX hit $360K Revenue with 15 customers in 2022.
Remote vehicle inspection software
2019
Founded
$360K
2022 Revenue
0.00%
YOY
$1.3M
Funding
DriveX Revenue
In 2022, DriveX revenue run rate hit $360K in revenue.
2022
DriveX hit $360K in revenue this year
2021
DriveX hit $84K in revenue in 2021
2019
DriveX launched in 2019 with $0 revenue
DriveX Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Seed
DriveX raised a Seed of $1M at a $5M valuation in May 2022
2021 Pre Seed
DriveX raised a Pre Seed of $300K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 05/26/2022 | Seed | $1M | $5M |
| 05/01/2021 | Pre Seed | $300K |
Team
DriveX has 11 total employees They have 15 customers an engineering team of 5
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 11 |
| Engineer | 5(45%) |
| Sales | 0(0%) |
| Marketing | 0(0%) |
CEO/Founder
Rauno Sigur
Rauno is the CEO of DriveX - a technology partner for insurers, mobility, leasing and dealership companies. DriveX, leveraging computer vision, offers a quick, easy and trustworthy way to remotely inspect a vehicle. Being an Estonian, he finds it very important to contribute to society - developing a successful, open and modern society, yet preserving the historic culture and values of the Estonian (startup) nation. Rauno is also fond of the automotive sector. He is a member of several car clubs and an avid Formula 1 fan.
Q&A
What`s your age?
31
Favorite online tool?
Unlock
Favorite book?
48 laws of power
Favorite CEO?
Elon Musk
Advice for 20 year old self
He can make it!
Customers
DriveX has 15 customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
-
Churn
DriveX has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About DriveX
Monthly Revenue
$30K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
328.57%
=
Rule of 40
329
DriveX Board of Directors
| Name | Position |
|---|
DriveX Executives
| Name | Position |
|---|---|
| Rauno Sigur | CEO |
DriveX Employees
| Name | Position |
|---|---|
| Rauno Sigur | CEO |
Frequently Asked Questions about DriveX
When was DriveX founded?
DriveX was founded in 2019.
How much revenue does DriveX generate?
DriveX generates $360K in revenue.
Who is the CEO of DriveX?
The CEO of DriveX is Rauno Sigur.
How much funding does DriveX have?
DriveX was raised $1.3M.
How many employees does DriveX have?
DriveX has raised 11 employees.
Where is DriveX headquarters?
DriveX headquater is at Estonia
How did Latka collect this data?
Latka collected this data by interviewing DriveX CEO Rauno Sigur on 05/27/2022
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