Companies · Other

DriverReach Inc.

CARMEL · Other

Diligence memoA one-page analyst read on DriverReach Inc. — recommendation, valuation, rhythm, risks.
$12.1M
Total raised · real
6
Rounds
0.3×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Mon Dec 16 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

DriverReach Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.08× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other

DriverReach Inc. is one of 25008 Other companies tracked from CARMEL. By capital raised it ranks in the upper tier (ahead of 80% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2021
Year incorporated
2024-12-16
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MPre-Seed · 2020-02-13 Raised $675K (real) Modeled valuation $16M (est)Pre-Seed2020Series A · 2021-12-29 Raised $7.0M (real) Modeled valuation $68M (est)Series A2021Series A · 2021-12-29 Raised $4.5M (real) Modeled valuation $43M (est)Series A2021Pre-Seed · 2022-12-16 Raised $165K (real) Modeled valuation $1.3M (est)Pre-Seed2022Pre-Seed · 2022-12-16 Raised $165K (real) Modeled valuation $1.3M (est)Pre-Seed2022Series A · 2022-12-16 Raised $165K (real) Modeled valuation $1.2M (est)Series A2022Series A · 2023-08-25 Raised $1.0M (real) Modeled valuation $5.9M (est)Series A2023Seed · 2023-12-29 Raised $2.5M (real) Modeled valuation $13M (est)Seed2023Series A · 2023-12-29 Raised $2.5M (real) Modeled valuation $13M (est)Series A2023Series A · 2024-12-16 Raised $750K (real) Modeled valuation $3.0M (est)Series A2024+$7.0M+$4.5M+$165K+$165K+$165K+$1.0M+$2.5M+$2.5M+$750KCumulative $19M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$675K · 2020
Series A$7.0M · 2021no Seed on file
Series A extension$4.5M · 2021
Bridge · Series A-stage$165K · 2022smaller follow-on
Bridge · Series A-stage$165K · 2022smaller follow-on
Series A extension$165K · 2022
Series A extension$1.0M · 2023
Bridge · Series A-stage$2.5M · 2023smaller follow-on
Series A extension$2.5M · 2023
Series A extension$750K · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$3.0M
Base estimate est.
$1.0M
Conservative case
$5.8M
Upside case
$3.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $15.6M · 2020-02-132020Series A · modeled $67.6M · 2021-12-29Series A · modeled $43.3M · 2021-12-29Pre-Seed · modeled $1.3M · 2022-12-16Pre-Seed · modeled $1.3M · 2022-12-16Series A · modeled $1.2M · 2022-12-16Series A · modeled $5.9M · 2023-08-25Seed · modeled $12.7M · 2023-12-29Series A · modeled $13.4M · 2023-12-29Series A · modeled $3.0M · 2024-12-162024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$2.5M/yr
Capital velocity
6.4 yr
On record since
2020
First round
10
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 5.9× above median
This company$12.1M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$750K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$3.0M
Sector median$17.7M

Raised more than 80% of sector peers (real $). Modeled value above 17% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #1100 of 1,135.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.4M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.5M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.0M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.0M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.2M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $133.9M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $132.9M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.0M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.7M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.6M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.8M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.2M (est)DriverReach Inc. (this company) Raised $12.1M · modeled $3.0M (est)DriverReach Inc.
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.4M3.67×
Quantori, Inc.Series A$15.0M$138.5M3.57×
Applause Network TV, Inc.Series A$15.0M$135.0M3.48×
Qquv Investments 5, LlcSeries A$15.0M$135.0M3.48×
Trustworthy CoSeries A$15.5M$134.2M3.46×
DigniFi Holding, Inc.Series A$24.3M$133.9M3.45×
Proventures Capital, Inc.Series A$14.7M$132.9M3.42×
Zenledger, Inc.Series A$21.6M$132.0M3.40×
Gridwise, Inc.Series A$20.4M$131.7M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.6M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.8M3.26×
Harmony Musical LLCSeries A$15.0M$126.2M3.25×
DriverReach Inc. this companySeries A$12.1M$3.0M0.08×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$675K2020-02-13$3.8M$15.6M90%
Series A$7.0M2021-12-29$31.8M$67.6M90%
Series A$4.5M2021-12-29$20.4M$43.3M90%
Pre-Seed$165K2022-12-16$916K$1.3M90%
Pre-Seed$165K2022-12-16$916K$1.3M90%
Series A$165K2022-12-16$749K$1.2M90%
Series A$1.0M2023-08-25$4.5M$5.9M90%
Seed$2.5M2023-12-29$12.5M$12.7M90%
Series A$2.5M2023-12-29$11.5M$13.4M90%
Series A$750K2024-12-16$3.4M$3.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$675K2020-02-13
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Series A$7.0M2021-12-29
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 10.4× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Series A$4.5M2021-12-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  4. Pre-Seed$165K2022-12-16
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 27.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Pre-Seed$165K2022-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  6. Series A$165K2022-12-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  7. Series A$1.0M2023-08-25
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 6.1× larger than the prior — scaling up.
    • 2 investors on this round.
  8. Seed$2.5M2023-12-29
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 3 investors on this round.
  9. Series A$2.5M2023-12-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  10. Series A$750K2024-12-16
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~6mo cadence
$750K
Modeled next size est.range $750K$1.2M
0.3×
Last step-up
$2.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
James Douglass9 other2022-12
James Douglas1 other2021-12
Scott Dorfman1 other2021-12
Brent Dorfman2022-12
Chad Hooker2022-12
Evelyn Hartwell2023-12
Jeremy Reymer2020-02
Sam Bloomquist2020-02
Wendy Reymer2020-02
Registry & provenance

DriverReach Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1822101
SEC CIK
2021
Incorporated
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Frequently asked
How much funding has DriverReach Inc. raised?
DriverReach Inc. has raised approximately $12.1M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is DriverReach Inc.'s estimated valuation?
Provath's modeled valuation for DriverReach Inc. is approximately $3.0M (modeled range $1.0M–$5.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is DriverReach Inc. at?
DriverReach Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Dec 16.
What does DriverReach Inc. do and where is it based?
DriverReach Inc. operates in the Other sector, based in CARMEL.
Explore related

See where DriverReach Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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