How Much Did Auto Driveaway Raise?
Funding & Key Investors

Auto Driveaway, a prominent vehicle relocation service, has secured $1M in total capital, with a recent funding round contributing an undisclosed amount on December 2, 2020. This significant enterprise-level funding underscores the company's established position in the market and its ongoing strategic growth initiatives.

What is Auto Driveaway?

Auto Driveaway
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1952 and headquartered in Chicago, Illinois, Auto Driveaway Systems, LLC stands as the premier professional vehicle relocation service across North America. The company specializes in providing swift, secure, and dependable door-to-door transportation for a diverse clientele, including major corporate fleets, vehicle manufacturers, upfitters, and leasing and management firms. Its extensive operational reach ensures nationwide coverage, facilitating seamless vehicle logistics for its partners.

How much funding has Auto Driveaway raised?

Auto Driveaway has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Auto Driveaway

PPP

Public-Private Partnership

What's next for Auto Driveaway?

The recent infusion of capital, alongside the substantial overall investment, positions Auto Driveaway for continued expansion and operational enhancement. This strategic backing is likely to fuel advancements in its service delivery, potentially through technology integration or geographic market penetration. As a leader in vehicle relocation, the company is poised to leverage this financial momentum to further solidify its market dominance and adapt to evolving industry demands.

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Frequently Asked Questions Regarding Auto Driveaway Financial Insights

What are the most recent funding rounds that Auto Driveaway has completed, and what were the funding rounds?
Auto Driveaway has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Auto Driveaway has raised to date?
Auto Driveaway has raised a total of $1M in funding to date.
How many funding rounds has Auto Driveaway completed?
Auto Driveaway has completed 1 funding rounds.
How much funding did Auto Driveaway raise in its most recent funding round?
Auto Driveaway raised $1M in its most recent funding round.
Who are the lead investors in Auto Driveaway's latest funding round?
The lead investor in Auto Driveaway's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Auto Driveaway's history?
The largest funding round in Auto Driveaway's history was $1M.
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