Insurance Claims Management SoftwareTallinn, EstoniaFounded 2019CEO Rauno Sigur
DriveX is an Estonian computer vision company founded in December 2019 that provides remote vehicle inspection technology to insurers, mobility firms, leasing companies, and dealerships.
DriveX's last reported revenue was $360K in 2022 (Rauno Sigur on camera). GetLatka estimates it at about $1.6M a year (October 2024). DriveX is #873 on the Latka List. The list ranks the 1,301 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| 2021 | $84K | Calculated from what Rauno Sigur saidWatch at 8:57 |
| 2022 | $360K | Calculated from what Rauno Sigur saidWatch at 8:37 |
| Nov 2023 | $539.9KEST | GetLatka estimate |
| Oct 2024 | $1.6MEST | GetLatka estimate |
DriveX is privately held, so there is no DriveX stock to buy. Investors valued it at $5M in its May 2022 Seed round.
DriveX has raised $1.3M across two rounds since 2021. The latest was a $1M Seed round in May 2022.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| May 2022 | Seed | $1M | $5M | Rauno Sigur on cameraWatch at 12:54 |
| May 2021 | Pre-Seed | $300K | – | Rauno Sigur on cameraWatch at 13:02 |
| Total raised | $1.3M |
Nathan Latka has interviewed DriveX once, speaking with Rauno Sigur. Each figure links to the second it was said.
Watch: How DriveX Reached $360K in Annual Revenue and 15 Customers Helping Insurers Cut Fraud (Interview with CEO Rauno Sigur)May 2022 · Rauno Sigur, CEO and Co-Founder
DriveX competes most directly with Ridecell.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Ridecell | $31.5M | $106.7M | 236 | 20 | 2008 |
| DriveX | $1.6M | $1.3M | 16 | 15 | 2019 |
Rauno Sigur founded DriveX in 2019 and runs it as CEO. DriveX had 16 employees (October 2024, LinkedIn).
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 16 | |
| Nov 2023 | 16 | – |
| Nov 2022 | 11 | – |
| May 2022 | 11 | – |
| Nov 2021 | 6 | – |
GetLatka estimates DriveX's revenue at about $1.6M a year (October 2024). The last reported figure was $360K in 2022, as Rauno Sigur said on camera.
Investors valued DriveX at $5M in its May 2022 Seed round, as Rauno Sigur said on camera.
DriveX has raised $1.3M across two funding rounds. The latest was a $1M Seed round in May 2022.
No. DriveX is a private company, so its shares aren't traded on a stock exchange.
DriveX had 16 employees in October 2024, according to LinkedIn.
Rauno Sigur is the CEO of DriveX and founded the company in 2019. Nathan Latka interviewed Rauno Sigur in May 2022.
Rauno Sigur founded DriveX in 2019.
6 said on camera · 1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profile