Our mission is to be the easiest place to buy or sell your car in Canada.
Shop Canada’s leading online used car retailer. To-your-door delivery and a 7-day love it or return it guarantee.
Shop Canada’s leading online used car retailer. To-your-door delivery and a 7-day love it or return it guarantee.
Location: Canada, British Columbia, Vancouver
Employees: 201-500
Phone: +1 888-865-6402
Total raised: $147.29M
Founded date: 2010
Investors 1
| Date | Name | Website |
| - | Accolade P... | accoladepa... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 10.10.2022 | - | $7.29M | - |
| 30.06.2022 | - | $40M | - |
| 18.08.2021 | Series B | $100M | - |
Mentions in press and media 11
| Date | Title | Description |
| 07.10.2022 | Canada Drives Raises Additional $10M CAD In Funding | Canada Drives, a Vancouver, Canada-based provider of an online car shopping and delivery platform, raised $10M CAD in funding. The backers were not disclosed. The company intends to use the funds to expand into new markets across Canada. Le... |
| 10.08.2022 | Vancouver tech layoffs, talent, and hiring companies | As the innovation economy comes under pressure, a number of local tech companies have been forced to lay off employees. Here we’re sharing details on who has let go of staff, how to reach newly-available tech talent, and which companies are... |
| 30.06.2022 | Canada Drives Secures $40M CAD in Funding | Canada Drives, a Vancouver, BC-based online car shopping and to-your-door delivery platform, closed $40M CAD equity funding round. Canadian company goeasy provided the financial resources. The company intends to use the funds to expand into... |
| 27.06.2022 | Vehicle e-tailer Canada Drives secures $40M to accelerate expansion | Cody Green Vancouver-based auto e-tailer Canada Drives announced the close of CAD $40 million in funding from Goeasy, a non-prime consumer lender. The funding comes 10 months after a $100 million round led by Honor Ventures. Why it matters:... |
| 19.08.2021 | Daily funding roundup - August 19th, 2021 | Postman raised $225M, MobileCoin secures $66M, One landed $40M; Rapid Robotics picks up $36.7M Postman: Postman is a San Francisco-based collaboration platform for API development. Postman has raised $225 million in Series D funding led by ... |
| 19.08.2021 | Canada Drives Raises $100M in Funding | Canada Drives, a Vancouver BC-based online car shopping and delivery platform, raised $100M in funding. The round was led by Jeffrey Housenbold’s Honor Ventures with participation from KAR Global. In conjunction with the funding, Jeffrey Ho... |
| 18.08.2021 | Canada Drives raises $79.4 million to expand online car purchasing and delivery platform | Canada Drives, an online car shopping and delivery platform, announced $79.4 million ($100 million CAD) in Series B funding that it will use to expand its service across Canada. It was founded in 2010 as a car financing company but launched... |
| 18.08.2021 | Canada Drives raises $100M to accelerate online auto sales across Canada | Canada Drives was founded in 2010 when UBC grad Cody Green, working for an auto retailer, noticed inefficiencies in the sales process when customers would choose a vehicle and then be declined for financing. He set out to help buyers get ap... |
| 18.08.2021 | Canada Drives secures $100 million CAD Series B, plans Alberta expansion | Canada Drives shifted into high gear on August 18 with the announcement that it closed $100 million CAD in funding. San Francisco-based Honor Ventures led the round of funding, with participation from KAR Global and other strategic investor... |
| 18.08.2021 | Canada Drives : Raises $100M to Bring Online Car Purchasing and Delivery Experience Across Canada | Canada Drives, Canada’s largest 100% online car shopping and to-your-door delivery platform, announced today the close of $100M in funding, led by Jeffrey Housenbold’s Honor Ventures with participation from KAR Global and other strategic in... |
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