Tech Company Financing Transactions
miDrive Funding Round
miDrive, based in Basingstoke Hampshire, raised $3.2 million in funding from Holiday Extras and MBM Capital Partners.
Transaction Overview
Company Name
Announced On
10/1/2014
Transaction Type
Venture Equity
Amount
$3,238,030
Round
Series A
Investors
MBM Capital Partners (James Marshall)
Proceeds Purpose
The new funding will allow miDrive to fuel that momentum by expanding its current Kentbased team of ten people, opening a second office in London and investing more aggressively in growth, both in the UK and internationally.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Fanum House Basing View
Basingstoke Hampshire, RG21 4EA
UK
Basingstoke Hampshire, RG21 4EA
UK
Phone
Website
Email Address
Overview
Launched in late 2013, miDrive is the ultimate toolkit for learning to drive. Their free apps for Android and iOS have helped thousands of learner drivers to improve their driving skills, find qualified driving instructors and pass their driving tests more quickly while also saving as much as £300 on their lesson expenses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Taylor
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