Source: USA Science News

Drover: Subscription car service Drover raises $26 million as COVID-19 disrupts public transport

The pandemic has created a surge in demand for car rental services. Subscription car service Drover more than doubled the amount of subscriptions sold in May compared to a year ago. Drover just announced a £20.5 million ($26 million) round to grow its business in the UK and France. The round was co-led by new investors Target Global, RTP Global, and Autotech Ventures. Visit Business Insider's homepage for more stories. Subscription car service Drover has raised £20.5 million ($26 million) in fresh funding, as the pandemic accelerates demand for car rentals. Drover is a 'car-as-a-service' platform offering insurance, road tax, and maintenance cover on top of the cost of flexibly... Read More

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Est. Annual Revenue
$5.0-25M
Est. Employees
100-250
Felix Leuschner's photo - Founder & CEO of Drover

Founder & CEO

Felix Leuschner

CEO Approval Rating

87/100

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