DriiveMe Limited

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DriiveMe Limited - overview

Established

2012

Location

London, -, UK

Primary Industry

Software

About

Based in London, UK, and founded in 2012, DriiveMe Limited is a firm that simplifies the vehicle transport sector by providing the automotive ecosystem with a flexible solution for transporting automobiles. Geoffroy Lambert (CEO) and Alexandre Lambert are the co-founders of the company. In July 2023, ISAI Gestion acquired a minority stake in DriiveMe Limited. As of 2023, the company has a presence in seven international locations and has over 4,000 customers, including Stellantis, ALD Automotive, Renault Group, Auto1 Group, Aramis Group, Hertz, Avis, and others.


The company provides transportation services and has a mobile app that can be downloaded on both the iOS and Android platforms. The firm’s app allows users to publish their movement requirements, find suitable drivers, and ensure their vehicles are insured throughout the journey. Through the app, users can access a range of services, including Driiveme One, which offers a one-way car rental for GBP 1; Driiveme Transport, which focuses on digitising and streamlining the entire movement process, providing a seamless experience for its customers; Driiveme Enterprise, which offers a range of services including vehicle movement, premium delivery, and vehicle concierge service; and Driiveme Partner, which gives the opportunity to become a driver partner and deliver vehicles. The July 2023 investment helps the organization to support market for individual vehicle logistics.


Current Investors

Primary Industry

Software

Sub Industries

Car Hire Services, Internet, Analytics & Performance Software

Website

www.driiveme.com

Verticals

Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

DriiveMe Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedDriiveMe Limited-

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