Canada Drives
PrivateLast Round
Series B
Extension
Oct 6, 2022
Total Funding Raised
$223.51M
Company Overview
Canada Drives operates in FinTech and is based in Vancouver. Its latest recorded funding round was a Series B Extension round in October 2022.
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, Credit Scoring, Digital Advertising, Personal Finance
Business Model
B2B2C
Customer Profile
Marketplace Commission
AI Layer
Application
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% |
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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 |
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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.
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Canada Drives Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Canada Drives's valuation, stock price, and market status.
Is Canada Drives a public or private company?
Canada Drives is a private company.
What is the current stock price of Canada Drives?
Canada Drives is a private company, so its shares have no public market price. Caplight tracks Canada Drives's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Canada Drives worth (valuation)?
Valuation information for Canada Drives is not publicly available.
Can I buy Canada Drives stock?
Canada Drives shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Canada Drives's last funding round?
Canada Drives's most recent funding round was Series B Extension on October 6, 2022.
Who are the main investors in Canada Drives?
Key investors in Canada Drives include Anthos Capital.
Will Canada Drives IPO soon?
No public IPO plans have been announced for Canada Drives.
How can I track Canada Drives secondary market activity?
Caplight tracks bids, offers, and trades in Canada Drives's shares on secondary markets.