Rauno Sigur
- CEO and Co-Founder at DriveX
GetLatka interview
How DriveX Reached $360K in Annual Revenue and 15 Customers Helping Insurers Cut Fraud (Interview with CEO Rauno Sigur)
Rauno Sigur (CEO and Co-Founder of DriveX) spoke to Nathan Latka on May 26, 2022.
DriveX figures from the interview
- Annual Revenue (2022)
- $360K
- Customers (2022)
- 15
- Post-Money Valuation (2022)
- $5,000,000
- Total Funding Raised
- $1,300,000
- Year Founded
- 2019
“We're really strong in our in our home region, which is Central And Eastern Europe, and we work with the largest groups such as Vienna Insurance Group, and also ERGO, which is a part of Munich Re.”
“We're looking at between 2 to €7 per inspection.”
“We started we registered the company in twenty nineteen December, but actually, we had the first customer in place in April 2020, and that's where we really started to build the code and the product.”
Bio
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.