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.
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.
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.
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.
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.
Focused on insurance and building with customers. We decided to focus entirely on the insurance sector's underwriting issues.
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.
We closed 1M investment round.
Entered the used car market. Until then, we only focused on B2B, but used car market opened us up for B2C opportunities.
Let’s introduce ourselves
Our advisors and investors
Plug and Play Ventures
Startup Wise Guys
former Prime Minister, AuveTech
Bolt's first investor, 50+ tech startup investments
Salv, ex-Skype, ex-Wise
Fund Fellow Founders
Silvi Wompa Sinclair