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DriveTime
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DriveTime

Trusted
https://www.drivetime.com/
Last activity: 28.01.2026
Active
Categories: CarOnlineShopVehicles
Used Car Shopping & Simple Auto Financing solutions start here. Choose from 13,359 vehicles and Apply Online now!
Website visits
1.3M /mo.
Mentions
6

Overview

Employees
1001-5000
Total raised
$11M
Founded date
2002

Funding Rounds 1

DateSeriesAmountInvestors
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Mentions in press and media 6

DateTitleDescription
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Jan 4, 2025Carvana Under Fire: The $800 Million QuestionCarvana, the online used-car dealer, is facing a storm. Hindenburg Research, a well-known short seller, has thrown down the gauntlet. They allege that Carvana is involved in undisclosed transactions amounting to $800 million in loan sales. ...
Jan 3, 2025Top 10 things to know about Carvana, the latest company under Hindenberg Research’s gazeUnited States-based short seller Hindenburg Research has alleged that online car dealer Carvana Company has $800 million in loan sales under a suspected undisclosed related party transaction, as per a report released on January 2. It has ta...
Sep 23, 2024With rise in pre-owned vehicles, entry-level car demand dipsWith rapidly changing customer preferences, easy availability of pre-owned vehicles and finances, entry-level new cars are witnessing a dip in demand. The pre-owned car market volume is expected to grow by 16 per cent CAGR while the entry-l...
Sep 9, 2019 Drivetime, With Founder In SoCal, Finds $11M Drivetime, a developer of interactive, voice-driven audio entertainment apps for drivers, has raised $11M in a Series A funding, the company said this morning. According to the startup, the funding was led by Makers Fund and also included t...
May 27, 2015Online Auto Sales Startup Carvana Is Raising $300 Million To Expand NationwideUsed car sales are heating up online, with huge amounts of cash pouring into an industry that has yet to be disrupted by technology. A company called Carvana is in the process of raising a huge round of growth funding as it seeks to improve...

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FAQ about DriveTime

When was DriveTime founded?

DriveTime was founded in 2002.

How much funding has DriveTime raised?

DriveTime has raised $11M in total across 1 funding round.

What has the press written about DriveTime?

Parsers VC has collected 6 articles mentioning DriveTime, among them “Carvana Under Fire: The $800 Million Question” (Jan 4, 2025) and “Top 10 things to know about Carvana, the latest company under Hindenberg Research’s gaze” (Jan 3, 2025).

Is DriveTime still active?

Yes, DriveTime is active; its latest activity on Parsers VC dates from Jan 28, 2026.