Company profile: Drive It Away
1.1 - Company Overview
Company description
- Provider of a subscription-to-ownership vehicle service enabling drive-now, decide-later rentals with option to buy, payments that contribute toward a future down payment, no down payment or credit check, and income-based qualification. Offers a mobile app to browse vehicles, build plans, and manage rentals/purchases; EV subscriptions with maintenance and roadside assistance; and a dealer program with no startup fees or fixed costs.
Products and services
- Subscription-to-Ownership Model: Architects a contract-flexible vehicle access model where monthly payments accrue toward a future down payment and users can elect to purchase at any time
- Dealer Program: Delivers a turnkey channel enabling dealerships to offer subscription-to-ownership, including EVs, to customers with no startup fees or fixed costs
- Drive Now, Decide Later Process: Produces a zero-down pathway to start renting immediately, with option to buy later and no credit check, transitioning from rental to ownership seamlessly
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Drive It Away
Getaround
HQ: United States
Website
- Description: Provider of peer-to-peer car sharing via an app that lets users rent cars by the hour or day and enables owners to rent out their vehicles. Offers rentals of trucks, vans, SUVs, pickups, commercial vans, convertibles, and family cars, with $1M insurance, 24/7 roadside assistance and customer support, remote unlocking, and instant, paperwork-free access.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Getaround company profile →
ZoomSafer
HQ: United States
Website
- Description: Provider of enterprise software and active and passive risk management solutions for commercial fleets to control mobile device usage while driving, promoting safe and legal use of mobile devices by employees on the job.
- 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 ZoomSafer company profile →
UZURV
HQ: United States
Website
- Description: Provider of an adaptive transportation network and SaaS-based mobility platform connecting riders with FTA-compliant, credentialed drivers for paratransit and non-emergency medical transportation. Services include door-to-door, wheelchair-accessible rides, the UZURV 360 app for scheduling and tracking, and driver onboarding with background checks, drug screenings, and training to meet FTA and ADA requirements.
- 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 UZURV company profile →
Advanced Checking Services
HQ: United Kingdom
Website
- Description: Provider of electronic checking of driving licences in the United Kingdom, using DVLA information to confirm a driver's licence status, endorsements, and entitlement to drive, enabling organisations to comply with health & safety and corporate manslaughter obligations.
- 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 Advanced Checking Services company profile →
LogicTree
HQ: United States
Website
- Description: Provider of intelligent transportation and traveler information systems for state and local governments, focused on market-leading transit information and 511 IVR products and services. Delivers speech-enabled traveler information IVR solutions using its patented VoxLinx telephony platform to seamlessly provide transit and 511 information.
- 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 LogicTree 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 Drive It Away
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Drive It Away
2.2 - Growth funds investing in similar companies to Drive It Away
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4 - Top valuation comps for Drive It Away
4.2 - Public trading comparable groups for Drive It Away
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