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DriveXrevenue, valuation & funding

Other Automotive 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.ioLinkedInUpdated Oct 5, 2026
Annual revenue
$1.6M
Oct 2024EST.
Valuation
$5M
May 2022
Total raised
$1.3M
2 rounds
Employees
16
Oct 2024

DriveX revenue

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 #926 on the Latka Top. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.

$0
$500K
$1M
$1.5M
$84K
$360K
$539.9K
$1.6M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 4 revenue readings, with sources
As ofRevenueSource
2021$84KCalculated from what Rauno Sigur saidWatch at 8:57
2022$360KCalculated from what Rauno Sigur saidWatch at 8:37
Nov 2023$539.9KEST.GetLatka estimate
Oct 2024$1.6MEST.GetLatka estimate

DriveX valuation

DriveX is privately held, so there is no DriveX stock to buy. Investors valued it at $5M in its May 2022 Seed.

DriveX funding rounds & investors

DriveX has raised $1.3M across two rounds since 2021. The latest was a $1M Seed in May 2022.

DateRoundRaisedValuationSource
May 2022Seed$1M$5MRauno Sigur on cameraWatch at 12:54
May 2021Pre-Seed$300K–Rauno Sigur on cameraWatch at 13:02
Total raised$1.3M

Interviews with Rauno Sigur

Nathan Latka has interviewed DriveX once, speaking with Rauno Sigur. Each figure links to the second it was said.

DriveX competitors

DriveX competes most directly with Ridecell.

CompanyRevenueFundingEmployeesCustomersFounded
Ridecell$31.5M$106.7M236202008
DriveX$1.6M$1.3M16152019

DriveX CEO, founders & employees

Rauno Sigur founded DriveX in 2019 and runs it as CEO. DriveX has 16 employees (October 2024, LinkedIn).

0
5
10
15
6
11
16
16
2021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 5 headcount readings, with sources
As ofEmployeesSource
Oct 202416LinkedIn
Nov 202316–
Nov 202211–
May 202211–
Nov 20216–

DriveX FAQ

How much money does DriveX make?

DriveX's last reported revenue was $360K in 2022 (Rauno Sigur on camera). GetLatka estimates about $1.6M a year (October 2024).

How much is DriveX worth?

Companies don't publish a net worth. The closest figure is DriveX's valuation: $5M, set in May 2022.

Who owns DriveX?

DriveX is privately held by its founders, employees and investors.

Is DriveX publicly traded?

No. DriveX is a private company, so its shares are not listed on a stock exchange.

How much funding has DriveX raised?

$1.3M across 2 rounds; the latest was a $1M Seed in May 2022.

Who is the CEO of DriveX?

Rauno Sigur, a co-founder.

Who founded DriveX?

Rauno Sigur, in 2019.

How many employees does DriveX have?

About 16 as of October 2024 (LinkedIn).

How this page is sourced

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 Top 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 5, 2026Data disclaimerReport a correctionClaim this profile