Story of DriveX
The story of how the DriveX team managed to build a viable business, gain the trust of multiple industry giants and change the world of vehicle inspection.
2019
Feb
Porsche Open Innovation Hackathon - TOP10 out of 700. Back then, we were known as Porsche Wizards. After reaching the semi-finals, we rebranded to DriveX.
2019
March
Prototron - TOP10 out of 290. After meeting tens of rental companies we discovered that businesses needed to understand the vehicle's condition. We intended to build a hardware booth for AI-assisted photo inspections.
2019
November
Ajujaht - TOP10 out of 310. Graduating from Prototron, our idea transformed from hardware into a Software as a Service business because we proved it is a more scalable technology.
2020
January
sTARTUp Day - TOP7 out of 312. Just one month after registering the company, we participated in sTARTUp Day 2020's early stage startups competition. DriveX was awarded a cash prize.
2020
April
Focused on insurance and building with customers. We decided to focus entirely on the insurance sector's underwriting issues.
2020
December
We closed 200k investment round. Continued focusing on insurance market and it payed off - we are currently dominating the Baltic states as the leading remote inspection provider.
2022
April
We closed 1M investment round.
2022
August
Entered the used car market. Until then, we only focused on B2B, but used car market opened us up for B2C opportunities.
Our vision is simplicity
We build technologies that help companies and consumers inspect vehicles remotely. DriveX aspires to be the easiest to use, smoothest to integrate and the most trustworthy vehicle inspection solution on the market.
Innovate what matters
“If I had asked people what they wanted, they would have said faster horses. ” – Henry Ford
Idea meritocracy
Does not matter who said it – if the idea is excellent, we will execute it as a team. The author’s position in the company is irrelevant.
It’s all about execution
A satisfied customer is the best business strategy of all. We have the best service for our customers, flexibility in integration and excellent work ethics all the way.
Ownership
We take ownership in our company, our services and our daily tasks. We embrace our mistakes and celebrate our wins the the same.
Clear communication
We keep our promises and communicate our expectations to others as clearly as possible.
Resource efficiency
We evaluate critically how the job gets done. Time is a valuable resource, for us and for our clients. Let’s not waste it!
Let’s introduce ourselves
Our advisors and investors
Advisors
Investors
Plug and Play Ventures
Startup Wise Guys
DEPO Ventures
Taavi Rõivas
former Prime Minister, AuveTech
Risto Rossar
Insly, ex-IIZI
Mikko Silventola
Bolt's first investor, 50+ tech startup investments
Taavi Tamkivi
Salv, ex-Skype, ex-Wise
Anti Pihtje
Hertz
Sven Freiberg
Carglass, ex-ERGO
Fund Fellow Founders
Silvi Wompa Sinclair
Swiss Re
Risto Rossar
Insly, ex-IIZI
Taivo Pungas
NFTPort