
Hopdrive(Formerly Social Auto Transport)
Automating car movement with instant moves, real-time tracking, and access to trusted drivers.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $8.0m | Series A | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 14 % | 125 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
HopDrive is a company that specializes in providing automated car pickup and delivery services for dealerships. The service is designed to streamline the process of moving cars by offering instant moves, real-time tracking, and access to a network of trusted drivers. HopDrive serves automotive dealerships looking to enhance customer experience and operational efficiency. The company operates in the automotive service market, focusing on dealerships that want to offer added convenience to their customers. HopDrive's business model involves scheduling trips through an easy-to-use dealer portal, handling all aspects of the drive including insurance and loaner drop-offs, and ensuring customer satisfaction through timely updates and vehicle inspections. The company makes money by charging dealerships for each car move, offering a value-added service that can increase customer retention and additional repair agreements.
Keywords: automated, car pickup, delivery, dealerships, real-time tracking, trusted drivers, customer experience, operational efficiency, automotive service, dealer portal.