Amount Raised
$6 Million
Round Type
Funding Round
New YorkTransportationPublic SafetyInvestors
Description
NEW YORK, NY / June 8, 2023 / Driver Technologies, Inc. (Driver), an AI-based mobility tech company that delivers a safer, smarter driving experience, today announced the closing of a $6 million strategic funding round led by New York-based investment firm, IA Capital, and CT Innovations, the venture capital arm of the State of Connecticut. Major insurers also participated in the round including, Liberty Mutual Strategic Ventures, State Auto Labs/Rev 1, as well as investors from The Social Entrepreneurs' Fund, ID8 Investments, C2 Ventures and Kapor Capital. With the closing of this round, Driver Technologies has now raised more than $16 million.
Quick answer
Driver Technologies raised $6 Million in a Funding Round round, dated June 8, 2023. Investors: Kapor Capital, C2 Ventures, Id8 Investments, The Social Entrepreneurs' Fund, Rev 1, State Auto Labs, Liberty Mutual Strategic Ventures and CT Innovations. Driver Technologies is based in New York, United States.
- How much did Driver Technologies raise?
- Driver Technologies raised $6 Million in a Funding Round round on June 8, 2023.
- Who invested in Driver Technologies?
- Kapor Capital, C2 Ventures, Id8 Investments, The Social Entrepreneurs' Fund, Rev 1, State Auto Labs, Liberty Mutual Strategic Ventures and CT Innovations are named as investors in this round.
- What does Driver Technologies do?
- Driver’s mission is to make driving safer and smarter - for everyone.
- Where is Driver Technologies based and how big is it?
- Driver Technologies is based in New York, United States.
- Who are the decision-makers at Driver Technologies?
- Fundz holds 1 contact at Driver Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Public Safety around the same time
Companies in the same sectors as Driver Technologies that raised within 45 days of this round, from Fundz verified event records.
- DEFSEC Technologies raised $5.6M on July 21, 2023.
- Impulse Space raised $39M on July 21, 2023.
- HoloMatic raised $42M (Series C) on July 18, 2023.
- Reconnect raised $135K (Seed) on July 18, 2023.
- FETCH PACKAGE, INC. raised $4.7M (Seed) on July 11, 2023.
- Hoop Carpool raised $1.3M (Seed) on July 11, 2023.
Who to call at Driver Technologies, and when
A new round usually means Driver Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Driver Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Driver Technologies, from your own LinkedIn network
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Related People
Driver Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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