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Facedrive - About the company

Facedrive is a public company based in Richmond Hill (Canada), founded in 2015 by Imran Khan. It operates as an App-based driver co-operative based ride-hailing platform. Facedrive has raised an undisclosed amount in funding. The company has 104 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Uber, Lyft and WTI.

Company Details

App-based driver co-operative based ride-hailing platform. Their platform enables users to book their ride by providing location, passenger details, and more. It offers features like real-time tracking, variant payment options, and more. It offers various services like food delivery, electric car subscription, an online marketplace to buy/sell apparel & more. Their mobile app is available for Android devices.
Social
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Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Richmond Hill, Canada
Stage
Public
Latest Funding Round
Ranked
Employee Count
2 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Facedrive's IPO details

Facedrive got listed on May 30, 2018.
Click here to take a look at Facedrive's IPO in detail
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Facedrive's funding and investors

Facedrive has raised funding over 7 rounds. Its first funding round was on Feb 20, 2020. Its latest funding round was a Post IPO round on Apr 07, 2022 for $*****. 2 investors participated in its latest round. Facedrive has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Facedrive:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 07, 2022
4663240
Post IPO
6715386
6813091
9177325
7188438
Mar 25, 2022
5708373
Post IPO
4975118
4457401
6847758
1934776
Feb 17, 2022
8327773
Post IPO
1884352
8541177
1882186
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Facedrive's founders and board of directors

Founder? Claim Profile
The founders of Facedrive is Imran Khan.
Here are the details of Facedrive's key team members:

Facedrive's employee count trend

Facedrive has 2 employees as of Apr 26. Here is Facedrive's employee count trend over the years:
Employee count trend for Facedrive
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Facedrive's Competitors and alternates

Top competitors of Facedrive include Uber, Lyft and WTI. Here is the list of Top 10 competitors of Facedrive, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uber
Uber
2009, San Francisco (United States), Public
Network providing on-demand transportation, delivery, and business management solutions
$13.2B
89/100
2nd
Logo for Lyft
Lyft
2007, San Francisco (United States), Public
Network facilitating on-demand transportation and ride scheduling services for individuals
$5.02B
88/100
3rd
Logo for WTI
WTI
2009, Delhi (India), Public
Provider of vehicle transfer and tech enabled solutions
-
-
59/100
4th
Logo for Magnusmode
Magnusmode
2011, Toronto (Canada), Funding Raised
Online mobile solutions for youth and adults with autism spectrum disorders
-
54/100
5th
Logo for Eva
Eva
2018, Montreal (Canada), Seed
App-based platform offering taxi-hailing and on-demand delivery services
$1.2M
48/100
6th
Logo for Fare
Fare
2021, Toronto (Canada), Unfunded
App-based platform offering co-operative based taxi-hailing services
-
-
44/100
7th
Logo for Greater Edmonton Taxi Service
Greater Edmonton Taxi Service
1945, Edmonton (Canada), Unfunded
App-based ride -hailing platform
-
-
44/100
8th
Logo for Facedrive
Facedrive
2015, Richmond Hill (Canada), Public
App-based driver co-operative based ride-hailing platform
-
43/100
9th
Logo for Hamilton Cab
Hamilton Cab
2003, Hamilton (Canada), Unfunded
App-based ride hailing and on-demand service platform
-
-
42/100
10th
Logo for Yellow Cab Vancouver
Yellow Cab Vancouver
1921, Vancouver (Canada), Unfunded
App-based ride-hailing platform for individuals & employees
-
-
41/100
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Facedrive's Investments and acquisitions

Facedrive has made 1 investments in companies including Westbrook. Facedrive has also acquired 3 companies including EcoCred and FoodHWY.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 14, 2021
Acquisition
2018
Illinois City (United States)
Oct 01, 2020
Acquisition
2014
Mississauga (Canada)
Mar 20, 2020
Acquisition
2018
Waterloo (Canada)
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News related to Facedrive

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Facedrive Inc.’s $17.5 Million Private PlacementGlobal Legal ChronicleMay 23, 2022Facedrive
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