Canada Drives
PrivateLast Round
Series B
Extension
Oct 6, 2022
Total Funding Raised
$223.51M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Canada Drives is an automotive technology company that provides an online platform for auto financing and vehicle sales services in Canada.
Sector
FinTech
Verticals
Lending & Credit, Digital Advertising, Credit Scoring
Business Model
B2B2C
Customer Profile
Marketplace Commission
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Canada Drives Comparables
Compare Canada Drives with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Car Loans Canada | 92% | |
| The Auto Providers | 87% | |
| LendingArch Financial Inc. | 86% | |
Canada Drives Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B Extension | Oct 6, 2022 | ||||
| Growth Equity | Sep 1, 2022 | ||||
| Growth Equity | Jun 27, 2022 | ||||
| Series B | Aug 18, 2021 |
Canada Drives Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| OPENLANE, Inc. | Series B |
| Anthos Capital | Series B Extension, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Oct 1, 2025
Assisted over one million Canadians with car loans or sales since 2010.
- Apr 1, 2025
Assisted over one million Canadians with car loans or vehicle sales.
Canada Drives Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Canada Drives's valuation, stock price, and market status.