Driverly - About the company
Driverly is a seed company based in Cardiff (United Kingdom), founded in 2021 by Mohammad Alinia, Armin Kia and Nestor Alonso. It operates as an AI-powered driving insurance app. Driverly has raised $787K in funding, with a current valuation of £*****. The company has 1104 active competitors, including 181 funded and 99 that have exited. Its top competitors include companies like ACKO, Digit Insurance and Lemonade.
Company Details
AI-powered driving insurance app. It monitors and records various driving criteria to build an accurate picture of the user's driving habits.
- Website
- www.driverly.ai/
- Social
- Registered Address
- 10 CHURCHILL WAY,CARDIFF,WALES,CF10 2HE
Key Metrics
Founded Year
2021
Location
Cardiff, United Kingdom
Stage
Seed
Total Funding
$787K in 2 rounds
Latest Funding Round
Post Money Valuation
£***** as on Apr 06, 2022
Investors
Ranked
232nd among 1104 active competitors
Employee Count
13 as on Sep 30, 2026
Similar Companies
Legal entities associated with Driverly
Driverly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DRIVERLY COMPANY LIMITED CIN: 13377155 , United Kingdom, Active | May 04, 2021 | - | - |
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Driverly's funding and investors
Driverly has raised a total funding of $787K over 2 rounds. Its first funding round was on Apr 06, 2022. Its latest funding round was a Seed round on Feb 18, 2025 for $*****. 1 investor participated in its latest round. Driverly has 1 institutional investor.
Here is the list of recent funding rounds of Driverly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 18, 2025 | 6208723 | Seed | 6621110 | 3777955 | 9176079 | 3005039 |
Apr 06, 2022 | 7511416 | Seed | 5248129 | 5656220 | 9764994 | 5938124 |
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Driverly's founders and board of directors
Founder? Claim ProfileThe founders of Driverly are Mohammad Alinia, Armin Kia and Nestor Alonso. Armin Kia is the CEO of Driverly.
Here are the details of Driverly's key team members:
- Mohammad Alinia: Co-Founder and CTO of Driverly and founder of 1 other company.
- Armin Kia: Co-Founder and CEO of Driverly.
- Nestor Alonso: Co-Founder of Driverly and founder of 2 other companies, Drively and Driverly.
View details of Driverly's Founder profiles and Board Members
Driverly's employee count trend
Driverly has 13 employees as of Sep 26. Here is Driverly's employee count trend over the years:
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Driverly's Competitors and alternates
Top competitors of Driverly include ACKO, Digit Insurance and Lemonade. Here is the list of Top 10 competitors of Driverly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital insurance products including car, bike, health, life, and travel coverage | $661M | 85/100 | ||
2nd |  Digit Insurance 2016, Bengaluru (India), Public | Provider of general and life insurance products across various categories | $462M | 84/100 | |
3rd | Lemonade 2015, New York City (United States), Public | Provider of various insurance policies including car, pet, home, and life | $644M | 83/100 | |
4th |  Next Insurance 2016, Palo Alto (United States), Acquired | Provider of online small business insurance policies | $1.12B | 75/100 | |
5th |  Marshmallow 2017, London (United Kingdom), Series C | Provider of insurance products and financial services for personal vehicles | $161M | 74/100 | |
6th |  Root 2015, Columbus (United States), Public | Provider of car insurance rates based primarily on driving behavior | $540M | 72/100 | |
7th | App-based platform offering driver assistance services | $21.3M | 72/100 | ||
8th | Online life and health insurance platform for individuals | $1.82B | 72/100 | ||
9th | Online platform for life, health, and P&C insurances | - | 69/100 | ||
10th |  Just 2014, Los Angeles (United States), Series A | Usage-based auto insurance platform for individuals | $15.3M | 69/100 | |
232nd |  Driverly 2021, Cardiff (United Kingdom), Seed | AI-powered driving insurance app | $787K | 35/100 |
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Driverly's Investments and acquisitions
Driverly has made no investments or acquisitions yet.
Reports related to Driverly
Here is the latest report on Driverly's sector:
News related to Driverly
Media has covered Driverly for 1 event in last 1 year, It was about partnerships.
•
•
Cardiff InsurTech receives Bank of Wales investmentBusinessCloud•Feb 18, 2025•Driverly, Development Bank of Wales, GS Verde
•
Golden Charter Appoints Financial Services Innovation Expert Mark Huggins as ChairFintech Finance•May 09, 2023•Golden Charter, Driverly, Drively
•
Driverly achieves FCA authorisaton for dynamically priced app based insuranceFinextra•Feb 13, 2023•Driverly, Drively
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