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Company profile: Text2Drive

1.1 - Company Overview

Text2Drive Logo

Text2Drive

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of SaaS automotive texting and communications solutions for dealerships, featuring real-time SMS automation for service reminders, appointments, inquiries, lifecycle messaging, and recall notifications, plus digital multipoint inspections (T2D MPI+), video walkarounds, and Speed CheckOut mobile bill payments via text with fraud protection and e-signature.

Products and services

  • Dealership Texting and Communications Platform: Architects a SaaS-based messaging hub for dealerships, coordinating service reminders, appointment scheduling, and responding to customer inquiries across mobile channels
  • Speed CheckOutâ„¢: Delivers a mobile bill payment workflow via text, enabling customers to pay service invoices, capture e-signatures, and reduce risk using embedded fraud protection capabilities
  • Automated Lifecycle Messaging: Produces an automated messaging system that sequences service reminders, lease expiration notices, and recall notifications to keep customers engaged throughout the dealership relationship

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Text2Drive

Potloc Logo

Potloc

HQ: Canada Website
  • Description: Provider of a first-party data platform that uses social networks to acquire geo-targeted consumer surveys, offering social media-based sampling, expert questionnaire design, a multi-layer data cleaning process, and comprehensive market research services. Includes an AI-powered Potloc Dashboard to filter, cross-tab, and visualize survey data.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Potloc company profile →
Brightloom Logo

Brightloom

HQ: United States Website
  • Description: Provider of a cloud-based SaaS platform that integrates digital solutions across the guest experience, including Brightloom Answers, an AI chat assistant for actionable insights from transaction data; customer intelligence and hyper-segmentation for personalized marketing; platform services for profiling and segmentation; plus subscription support, training, and professional services.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Brightloom company profile →
Dijit Logo

Dijit

HQ: United States Website
  • Description: Provider of data and a platform encompassing B2B and B2B2C products for the entertainment industry, helping TV networks, programmers and broadcasters build audiences with detailed metrics and measurement, efficiently spend and target promotional budgets, and collect exponentially more and better data about actual audiences.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Dijit company profile →
Hootsuite Logo

Hootsuite

HQ: Canada Website
  • Description: Provider of a social media management platform that lets businesses create, schedule, publish, and manage content and ad campaigns across multiple networks from a single dashboard. Includes analytics and advanced analytics to track performance, ROI, and engagement, plus a unified inbox to manage messages and comments with automated routing and chatbot integrations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Hootsuite company profile →
Promoqube Logo

Promoqube

HQ: Turkey Website
  • Description: Provider of social media and digital communications services, delivering social networking marketing expertise. Uses contemporary technology and digital tools to help brands shape marketing strategy, reach marketing goals, and create effective, end-to-end marketing solutions.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Promoqube company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Text2Drive

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Text2Drive

2.2 - Growth funds investing in similar companies to Text2Drive

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4 - Top valuation comps for Text2Drive

4.2 - Public trading comparable groups for Text2Drive

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4.3 - M&A Transactions similar to Text2Drive

Selected M&A transactions

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Frequently Asked Questions

About Text2Drive

What does Text2Drive do?

Text2Drive is a provider of SaaS automotive texting and communications solutions for dealerships, featuring real-time SMS automation for service reminders, appointments, inquiries, lifecycle messaging, and recall notifications, plus digital multipoint inspections (T2D MPI+), video walkarounds, and Speed CheckOut mobile bill payments via text with fraud protection and e-signature.

Who are Text2Drive's competitors?

Text2Drive's competitors and similar companies include Potloc, Brightloom, Dijit, Hootsuite, and Promoqube.

Where is Text2Drive headquartered?

Text2Drive is headquartered in United States.

How many employees does Text2Drive have?

Text2Drive has 1,000 employees 🔒.

When was Text2Drive founded?

Text2Drive was founded in 2010 🔒.

What sector and industry vertical is Text2Drive in?

Text2Drive is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Text2Drive

Who are the top strategic acquirers in Text2Drive's sector and industry

Top strategic M&A buyers and acquirers in Text2Drive's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Text2Drive?

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Financial Investors investing in Text2Drive's sector and industry vertical

Which are the top PE firms investing in Text2Drive's sector and industry vertical?

Top PE firms investing in Text2Drive's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Text2Drive's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Text2Drive's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Text2Drive include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Text2Drive's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Text2Drive?

The key public trading comparables and valuation benchmarks for Text2Drive include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Text2Drive for public valuation benchmarks?

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What are recent M&A transactions in Text2Drive's sector and industry vertical?

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What are recent capital raises and funding rounds in Text2Drive's' sector and industry vertical?

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