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.
- Website
- www.facedrive.com/
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Richmond Hill, Canada
Stage
Public
Latest Funding Round
Investors
Ranked
8th among 104 active competitors
Employee Count
2 as on Apr 30, 2026
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:
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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 |
View details of Facedrive's funding rounds and investors
Facedrive's founders and board of directors
Founder? Claim ProfileThe founders of Facedrive is Imran Khan.
Here are the details of Facedrive's key team members:
- Imran Khan: Co-Founder of Facedrive. Contact Info: 1 email address
View details of Facedrive's Founder profiles and Board Members
Facedrive's employee count trend
Facedrive has 2 employees as of Apr 26. Here is Facedrive's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | Lyft 2007, San Francisco (United States), Public | Network facilitating on-demand transportation and ride scheduling services for individuals | $5.02B | 88/100 | |
3rd | Provider of vehicle transfer and tech enabled solutions | - | - | 59/100 | |
4th | Magnusmode 2011, Toronto (Canada), Funding Raised | Online mobile solutions for youth and adults with autism spectrum disorders | - | 54/100 | |
5th | App-based platform offering taxi-hailing and on-demand delivery services | $1.2M | 48/100 | ||
6th | App-based platform offering co-operative based taxi-hailing services | - | - | 44/100 | |
7th | Greater Edmonton Taxi Service 1945, Edmonton (Canada), Unfunded | App-based ride -hailing platform | - | - | 44/100 |
8th | App-based driver co-operative based ride-hailing platform | - | 43/100 | ||
9th | Hamilton Cab 2003, Hamilton (Canada), Unfunded | App-based ride hailing and on-demand service platform | - | - | 42/100 |
10th | Yellow Cab Vancouver 1921, Vancouver (Canada), Unfunded | App-based ride-hailing platform for individuals & employees | - | - | 41/100 |
Looking for more details on Facedrive's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by Facedrive
News related to Facedrive
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Forward Water Technologies:Innovative Technology Supporting the Quest for Clean Waterreporterwings.com•Oct 19, 2022•Facedrive
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STEER Announces Rollout of its Delivery as a Service Offering with 200 + Small and Medium BusinessesInvesting News•May 16, 2022•Facedrive
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