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Drover - About the company

Drover is an acquired company based in London (United Kingdom), founded in 2015 by Felix Leuschner and Matt Varughese. It operates as an Online-platform offering car-subscription services. Drover has raised $57.7M in funding from investors like RTP Global, Shell and Forward Partners, with last known valuation of $*****. The company has 11 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Wagonex, Voltric and elmo.

Company Details

Drover provides an online platform offering car-subscription services. The platform enables users to lease, buy & sell cars of users' preferences. Users can subscribe to the car by providing rental duration(long or short-term rental), vehicle model, and more. It offers features like insured rides, verification checks, door-step delivery, and more. Also, it offers electric-vehicle subscription services.
Social
XFacebook
Email ID
*****@joindrover.com
Registered Address
8 Orsman Road, London, United Kingdom, N1 5QJ
Key Metrics
Founded Year
2015
Location
Stage
Acquired
Total Funding
$57.7M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 23, 2020
Investors
Ranked
Employee Count
19 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Cazoo (Dec 17, 2020)

Drover's acquisition details

Drover got acquired by Cazoo on Dec 17, 2020.
Click here to take a look at Drover's acquisition in detail
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Drover's funding and investors

Drover has raised a total funding of $57.7M over 6 rounds. Its latest funding round was a Series B round on Sep 23, 2020 for $*****. 1 investor participated in its latest round. Drover has 15 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Drover:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 23, 2020
9912451
Series B
9495313
4478959
1970420
6330581
Jul 15, 2020
7674236
Series B
7790864
8431779
5369928
Jul 17, 2019
9535926
Series B
3244165
5083717
4519327
6071338
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Drover's founders and board of directors

Founder? Claim Profile
The founders of Drover are Felix Leuschner and Matt Varughese.
Here are the details of Drover's key team members:

Drover's Board of Directors

Drover's board has 2 active members. Alexander Edward Chesterman and Stephen Morana are independent board members.
Here is the list of Drover's board of directors:
Name
Type
Representing
Status
Duration
oxwjul{
Team
-
Past
4y 8m
rafewqn
Team
-
Past
7y 4m
Independent board member
-
Current
5y 5m
usycobh
Independent board member
-
Current
5y 7m
bdbs{ac
Independent board member
-
Past
7y 9m
pzksfjp
Independent board member
-
Past
5y 1m
byjgdq{
Independent board member
-
Past
4y 4m
eqzeiiv
Independent board member
-
Past
1y 2m
duzfz{q
Independent board member
-
Past
7y 6m
f{fclur
Independent board member
-
Past
3y 6m
js{dfla
Independent board member
-
Past
2y 9m
mdjklzl
Independent board member
-
Past
5y 8m
zpu{gpb
Independent board member
-
Past
9y 8m
rukxn{m
Independent board member
-
Past
6y 8m

Drover's employee count trend

Drover has 19 employees as of Jul 26. Here is Drover's employee count trend over the years:
Employee count trend for Drover
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Drover's Competitors and alternates

Top competitors of Drover include Wagonex, Voltric and elmo. Here is the list of Top 10 competitors of Drover, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Drover
Drover
2015, London (United Kingdom), Acquired
Online-platform offering car-subscription services
$57.7M
58/100
2nd
Logo for Wagonex
Wagonex
2016, London (United Kingdom), Series A
Online marketplace providing access to vehicle subscription and leasing options
$5.49M
40/100
3rd
Logo for Voltric
Voltric
2019, Bristol (United Kingdom), Seed
Provider of subscription-based electric car rental services
-
31/100
4th
Logo for elmo
elmo
2019, London (United Kingdom), Funding Raised
Electric vehicle subscription service
-
30/100
5th
Logo for DriveElectric
DriveElectric
2015, Marlow (United Kingdom), Acquired
Provider of a platform to hire electric cars
-
-
27/100
6th
Logo for WeVee
WeVee
2019, London (United Kingdom), Deadpooled
Online platform offering electric car-leasing services
$14M
26/100
7th
Logo for EVision Electric Vehicles
EVision Electric Vehicles
2014, Rochester (United Kingdom), Unfunded
Provider of electric car rental services
-
-
25/100
8th
Logo for ElectricAuto
ElectricAuto
2019, Leeds (United Kingdom), Unfunded
Online leasing platform for EVs
-
-
24/100
9th
Logo for Car Sloth
Car Sloth
2021, Bristol (United Kingdom), Unfunded
Online car subscription platform
-
-
24/100
10th
Logo for Openstart
Openstart
2018, London (United Kingdom), Unfunded
Online-based platform for car-subscription
-
-
24/100
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Looking for more details on Drover's competitors? Click here to see the top ones

Drover's Investments and acquisitions

Drover has made no investments or acquisitions yet.

Reports related to Drover

Here is the latest report on Drover's sector:

News related to Drover

lockFilter this list
•
•
Cazoo Announces Third Quarter 2023 Financial ResultsBusiness Wire•Oct 25, 2023•Cazoo, Drover
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FAQs about Drover

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