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DriveX revenue is $360k

DriveX is worth $5 million valuation

DriveX team size is 11 employees

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DriveX

- Tallinn, Tallinn, Estonia

How DriveX hit $360K Revenue with 15 customers in 2022.

Remote vehicle inspection software

Founded

2019

Founded

Revenue

$360K

2022 Revenue

YOY

0.00%

YOY

Funding

$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

329.00% ▲$84K$360K

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 DATEROUNDAMOUNTVALUATION
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

2022
DISTRIBUTIONQTY
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

-

$0$0024681012
$0$0024681012

Churn

DriveX has an annual churn rate of 0.00%.

-100-500%50100

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

NamePosition

DriveX Executives

NamePosition
Rauno Sigur CEO

DriveX Employees

NamePosition
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?

Play

Latka collected this data by interviewing DriveX CEO Rauno Sigur on 05/27/2022

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