9 years ago

MiDrive Secures £2 Million in Series A2 Funding

  • MiDrive, a UK-based driving test app and instructor marketplace, has raised £2 million in a Series A2 round led by Initial Capital

  • The funding comes after the departure of former CEO Scott Taylor, who has been replaced by Asher Ismail

  • The company claims to have "multiple revenue streams and a multi-million pound run rate."

      • ProblemTechnology

      "Learning to drive is expensive, time-consuming, and often stressful. Many learner drivers struggle to find reliable and affordable driving instructors."

      Solution

      "MiDrive is a platform that connects learner drivers with driving instructors, offering a gamified learning experience. It also provides tools and resources for instructors, such as booking management and payment processing."

      Covered on