Modal
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Modal

https://drivemotors.com/
Last activity: 17.06.2019
Active
Categories: AutomationCarE-commercePlatform
Modal’s automotive ecommerce platform for auto dealers and brands transforms the complex car sale into an easy digital transaction that buyers love.
Mentions
9
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 2015

Investors 2

Mentions in press and media 9

DateTitleDescription
17.06.2019The Hot IPO You Might Have Overlooked: Term SheetCONSUMERIZE THE ENTERPRISE While we all gave our undivided attention to flashy IPOs like Uber and Lyft, many overlooked the public market debut of cloud-based cybersecurity company CrowdStrike. You’ve probably heard of it without realizing ...
14.06.2019Drive Motors Raises $5M in FundingModal (formerly Drive Motors), a San Francisco, CA-based provider of digital commerce for large auto retailers and brands, raised $5m in funding. Backers included: – Peter Thiel, – IDOM Inc., and – Ally Ventures, the investing arm of nation...
02.08.2017Term Sheet — Wednesday, Aug. 2ET CETERA OUT: Irene Rosenfeld will step down as CEO of Mondelez International in March, Fortune’s Beth Kowitt reports. Dirk Van de Put, currently the president and CEO of Mondelez-owned McCain Foods will take over. Paid Content Securing th...
02.08.2017Drive Motors Raises $5.2M in Seed FundingDrive Motors, a San Francisco, CA-based provider of e-commerce solutions for large car dealerships, raised $5.2m in seed funding. The round was led by Bullpen Capital, with participation from existing investors Y Combinator, Khosla Ventures...
02.08.2017Drive Motors Grabs $5.2M Seed Round SAN FRANCISCO, CA, Drive Motors, which builds ecommerce solutions for the largest car dealerships in the country, officially announced today that it has raised $5.2 million in total funding. >> Click here for more funding data on D...
23.03.2016Here are the 59 startups that demoed at Y Combinator Winter ’16 Demo Day 2“Food, housing, healthcare, transportation. Life essentials made better and more affordable.” These are the types of startups that partner Paul Buchheit said were demoing today at Y Combinator’s Winter 2016 Demo Day 2. Yesterday, we covered...
09.03.2016Drive Motors (YC W16) Lets You Buy a New Car Completely OnlineThe process of going in person to a dealership to shop for a new car can be intimidating and time-consuming, to say the least. Drive Motors is a company that is launching out of our Winter 2016 class that lets you bypass that altogether, en...
11.02.2016Drive Motors Lets You Actually Buy A Car Online. How Did This Not Exist?No one wants to go to a car dealership. We’re in the era where everything can be done online, so it’s crazy you can’t buy a new car straight from the web. Every site and startup that claims to help you do that just dumps you on a contact fo...
-Why you should buy your next car online. Humans interact better, technology does the rest-Hey dude, I’m gonna buy a car today. -Really? Where you gonna go?. -Where? I’ll do it from my couch. -Really? This might seem like a dumb conversation between two mates, but it is pretty much what we can expect to hear from now on. On ...

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