Canada Drives Revenue and Competitors

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Canada Drives's estimated annual revenue is currently $62.6M per year.(i)
  • Canada Drives's estimated revenue per employee is $231,000

Employee Data

  • Canada Drives has 271 Employees.(i)
  • Canada Drives grew their employee count by -35% last year.

Canada Drives's People

NameTitleEmail/Phone
1
Founder & Co-CEOReveal Email/Phone
2
CFOReveal Email/Phone
3
VP, Customer ExperienceReveal Email/Phone
4
VP Dealer ServicesReveal Email/Phone
5
VP, Data & AnalyticsReveal Email/Phone
6
VP, Strategic InitiativesReveal Email/Phone
7
VP, Finance & StrategyReveal Email/Phone
8
General CounselReveal Email/Phone
9
VP, EngineeringReveal Email/Phone
10
Chief Compliance OfficerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$51.5M142-18%$103.1MN/A
#2
$506.4M109613%N/AN/A
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What Is Canada Drives?

Canada Drives is a financial technology company that allows consumers to access a variety of financial products online. Founded in 2010, they revolutionized access to auto financing in Canada by partnering with hundreds of dealerships from coast to coast.\n\nSince this time, they have expanded in both product offerings and geographies to now provide access to personal loans, auto loans, credit cards and credit building solutions.\n\nCanada Drives operates in Canada, the US and UK and serve over a million customers a year out of their head office in Vancouver, BC with their team of over 500.\n\nCanada Drives has been named multiple times to the Deloitte Fast 50 list and the Deloitte North America Fast 500 list. It was the #1 company on the 2016 PROFIT 500 list of Canadian Business Magazine. And, a winner of Canada’s Best Managed Companies program for 2019.

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Total Funding

271

Number of Employees

$62.6M

Revenue (est)

-35%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Canada Drives News

2022-04-20 - Canada has banned foreigners from buying homes for 2 years, but the measure is unlikely to cool its hot housing market

Canada has banned foreigners from buying homes for 2 years, ... ban on foreign homebuyers will curb speculative buying that drives up...

2022-04-17 - How to buy a car as an immigrant in Canada

If you hold a valid licence from another country, you will probably be able to use it to drive in Canada for a short period upon your...

2022-04-06 - Canada Drives Launches New Feature to Buy Canadians ...

Canada Drives is the largest 100% online car shopping and to-your-door delivery platform available in Canada. Customers can shop for certified...

2021-08-19 - Canada Drives Raises $100M in Funding

Canada Drives, a Vancouver BC-based online car shopping and delivery platform, raised $100M in funding. The round was led by Jeffrey Housenbold’s Honor Ventures with participation from KAR Global. In conjunction with the funding, Jeffrey Housenbold will be joining the Canada Drives Board of Dir ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$80.5M2716%N/A
#2
$43.7M27416%N/A
#3
$54.5M275-8%N/A
#4
$15M2761%N/A
#5
$45.9M27815%N/A