Tech Company Financing Transactions
Driver Technologies Funding Round
On 6/8/2023, Driver Technologies raised $6 million in funding from IA Capital Group, C2 Ventures and Connecticut Innovations.
Transaction Overview
Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand the adoption of its AI-powered dash cam and safety alert app, into insurance-backed programs for commercial and personal drivers, and to pursue direct integrations with insurance, automotive and municipal partners working to enhance road safety.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
85 Delancy Street Floor 3
New York, NY 10002
USA
New York, NY 10002
USA
Phone
Undisclosed
Website
Email Address
Overview
At Driver, our identity is simple -- we care a ton. We genuinely want to create technologies that improve lives. You can observe this from our hiring practices to how we release products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rashid Galadanci
Chief Operating Officer
Marcus Newbury
Chief Technical Officer
Ben Heller
Co-Founder
Michael Yatco
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