DriveTrust - About the company
DriveTrust is a seed company based in Rennes (France), founded in 2017 by Tolga Varol and Roman Prytkov. It operates as an AI-powered dashcam with ADAS functionalities. DriveTrust has raised $1.67M in funding from investors like CRF, University of Rennes and EIT Digital. The company has 313 active competitors, including 55 funded and 24 that have exited. Its top competitors include companies like Nexar, GoMotive and Nextbase.
Company Details
DriveTrust has developed an AI-powered dashcam that provides drivers with advanced driving assistance, connectivity, and safety on road. Features dual cameras that record & evaluate real-time scenario inside & outside the vehicle. Combines the video footages with sensor data to provide various functionalities such as driving evaluation, distraction& drowsiness detection, overspeeding & harsh braking alerts, real-time vehicle tracking, and more.
- Website
- drivetrust.eu
- Email ID
- *****@drivetrust.eu
- Phone Number
- +49 **********
Key Metrics
Founded Year
2017
Location
Rennes, France
Stage
Seed
Total Funding
$1.67M in 1 round
Latest Funding Round
Ranked
100th among 313 active competitors
Employee Count
3 as on Jul 01, 2024
Legal entities associated with DriveTrust
DriveTrust is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRYTKOV ROMAN CIN: 879434140 , France, Active | Jan 12, 2019 | - | - | - |
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DriveTrust's funding and investors
DriveTrust has raised a total funding of $1.67M over 1 round. Its latest funding round was a Seed round on Jul 26, 2019 for $*****. 4 investors participated in its latest round. DriveTrust has 5 institutional investors.
Here is the list of recent funding rounds of DriveTrust:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 26, 2019 | 2405080 | Seed | 7905036 | 8593521 | 2695557 | 7558499 |
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DriveTrust's founders and board of directors
Founder? Claim ProfileThe founders of DriveTrust are Tolga Varol and Roman Prytkov. Roman Prytkov is the CEO of DriveTrust.
Here are the details of DriveTrust's key team members:
- Tolga Varol: Co-Founder & CTO of DriveTrust.
- Roman Prytkov: Co-Founder & CEO of DriveTrust.
View details of DriveTrust's Founder profiles and Board Members
DriveTrust's employee count trend
DriveTrust has 3 employees as of Jul 24. Here is DriveTrust's employee count trend over the years:
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DriveTrust's Competitors and alternates
Top competitors of DriveTrust include Nexar, GoMotive and Nextbase. Here is the list of Top 10 competitors of DriveTrust, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of AI-driven solutions for road safety and driving data | $150M | 74/100 | ||
2nd |  GoMotive 2013, San Francisco (United States), Series F | Provider of an integrated platform for fleet management and driver safety | $717M | 74/100 | |
3rd | Nextbase 1999, United Kingdom, Early Stage | Provider of dashcamers and accessories for automotives | $12.6M | 69/100 | |
4th | Lytx 1998, San Diego (United States), Acquired | Provider of video telematics and fleet management solutions | $153M | 66/100 | |
5th |  Eatron 2017, Warwick (United Kingdom), Series A | AI and cloud-enabled battery management and motion control system | $15.1M | 65/100 | |
6th | Aptiv 1994, Schaffhausen (Switzerland), Public | Provider of vehicle components, connectivity systems, and electrical distribution systems | - | 65/100 | |
7th |  Driver Technologies 2018, New York City (United States), Series A | AI-driven dash cam apps for drivers | $16.3M | 63/100 | |
8th | Owl Cameras 2016, Palo Alto (United States), Series A | Provider of vehicle dashcam hardware and related support services | $28.5M | 62/100 | |
9th |  Phantom 2016, Burlingame (United States), Series C | AI-enabled full-stack system provider for autonomous vehicles | $80.2M | 59/100 | |
10th |  Pearl Auto 2014, Scotts Valley (United States), Series B | Developer of reverse parking sensors & backup camera | $50M | 58/100 | |
100th | DriveTrust 2017, Rennes (France), Seed | AI-powered dashcam with ADAS functionalities | $1.67M | 31/100 |
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DriveTrust's Investments and acquisitions
DriveTrust has made no investments or acquisitions yet.
Reports related to DriveTrust
Here is the latest report on DriveTrust's sector:
News related to DriveTrust
•
French AI startup DriveTrust raises €1.5M funding for a safer driving futureSilicon Canals•Jul 26, 2019•DriveTrust
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