Founded
Address
Drive Motors Inc
530 Brannan Street
#104
San Francisco, CA 94107
United States
Drive Motors Inc
235 Pine Street
Suite 850
San Francisco, CA 94104
United States
Phone
Website
Sector
KANDO id: 7340271
Corporate information
Founders
Official name
Drive Motors Inc
Also known as
Modal.
Registration country
Official identities
US CIK 0001713485
Company type
Digital commerce for the world’s largest auto retailers and brands.Overview
At Modal, we build the future of auto commerce for the world's largest auto brands and retailers. Modal's team is full of technology leaders from places like Google, Facebook, Tesla, Paypal, Accenture, and Modal is backed by notable investors like Y Combinator, Peter Thiel, Khosla Ventures, and Ally Financial. To quote Peter Thiel, Modal is "complex coordination" of many different technologies, driving billions of dollars in transaction volume every year. Modal, formerly Drive Motors, was founded in 2015, completed Y Combinator in 2016, and is based in San Francisco, CA.
Funding rounds
Seed USD 5,200,000
USD 5,200,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bullpen Capital | Initial investment. Led the round. | ||
|
Emagen Investment Group Inc | Initial investment. | ||
|
Khosla Ventures | Venture capital firm founded by Vinod Khosla. | Initial investment. | |
|
Perkins Coie LLP | Law firm. | Initial investment. | |
|
Y Combinator | American technology startup accelerator. | Initial investment. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
| Aaron Krane (founder) |