Driveway
Driveway is a private, Miami Beach-based online automotive marketplace that enables consumers to buy and sell vehicles through its website, backed by a single disclosed 2019 early-stage funding round.
- Company typePrivate
- Founded-
- HeadquartersMiami Beach, United States
- Headcount51–100
- GTM typeB2C
- OfferingDigital Commerce or Content
What Driveway does
Driveway is described by its own homepage as "Buy or Sell Your Car Your Way," positioning it as an online automotive marketplace that enables consumers to buy and sell vehicles. The product surface, based on the company's current site, is consumer-facing and two-sided (buyers and sellers of vehicles), with no detailed feature breakdown or module structure disclosed in the source data. A separate firmographic short description refers to "automobile repair and parts replacement services," but the first-party website evidence takes precedence as the most authoritative signal of current product scope, so this analysis treats Driveway as a vehicle buy/sell marketplace rather than a repair services provider.
Operationally, Driveway is a private, for-profit company headquartered in Miami Beach, United States, with a stated headcount of 51-100 employees. There is no disclosed information on its platform architecture, core technology stack, or proprietary technology components, and no app, API, or SDK offerings are documented in the source material. The firm has no disclosed parent company, subsidiaries, patents, trademarks, awards, certifications, partnerships, management team, or office locations beyond the Miami Beach headquarters, and its operating geographies are unspecified.
The business model is inferred from the marketplace positioning: revenue would most likely derive from transaction fees, lead generation, listing fees, or advertising tied to vehicle buy/sell activity, but no pricing model, revenue mechanics, or segmentation approach is disclosed in the available data. Capital history shows a single early-stage funding round dated August 30, 2019, with participation from Alumni Ventures, Comeback Capital, and Right Side Capital Management; the amount raised was not disclosed. No subsequent funding rounds, acquisitions, mergers, leadership changes, product launches, or restructuring events are recorded in the source data.
Driveway firmographics
Firmographics- Name
- Driveway
- Website
- https://getdriveway.com
- Company type
- Private
- Headcount range
- 51–100 employees
- Short description
- Driveway is a private, Miami Beach-based online automotive marketplace that enables consumers to buy and sell vehicles through its website, backed by a single disclosed 2019 early-stage funding round.
- Ownership category
- akta.pro rank
Driveway industry classification
Industry- Product category
- Online Automotive Marketplace
- NAICS
- Used Car Dealers (44112)
- SIC
- Retail-Auto Dealers & Gasoline Stations (5500)
- akta.pro primary industry
- Automotive Vehicles & Parts C2C (CRAFAKAE)
Keywords
Where Driveway is headquartered
LocationHeadquarters
- HQ city
- Miami Beach
- HQ country
- United States
- HQ region
- North America
Markets served
Driveway business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Marketing or Sales, Operations, Personnel
Driveway product offering
Product offeringCore offering
Driveway operates an online automotive marketplace that enables consumers to buy and sell vehicles. The platform, branded with the tagline 'Buy or Sell Your Car Your Way', provides a digital venue where individual car owners and buyers can transact vehicle sales online.
Product overview
Driveway is an online automotive marketplace that enables consumers to buy and sell vehicles. Based on the limited source data available, no detailed product portfolio or module structure can be confirmed.
Differentiator
Problem solved
Functional benefit
Products and services
- Driveway Online Car Marketplace
Companies that use Driveway
Customer profileIdeal customer profiles1 record
Driveway technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Driveway partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights1 record
Driveway competitors and assessment
Company assessmentDirect peers
- Carvana: Carvana is the largest pure-play online used-car retailer in the U.S., offering vehicle browsing, financing, and home delivery. It competes head-to-head with Driveway's online buy-and-sell marketplace model.
- Vroom: Vroom operates an online used-car marketplace that purchases vehicles from consumers and resells them nationally with home delivery, directly overlapping with Driveway's end-to-end online transaction flow.
Broad incumbents
- Cars.com: Cars.com is a long-standing online car listings and research platform serving both new and used vehicle shoppers, competing for online vehicle research demand alongside Driveway.
- CarGurus: CarGurus operates one of the largest online auto listing platforms, connecting buyers with dealers and private sellers. While primarily a listings marketplace, it competes for the same online vehicle-shopping demand as Driveway.
- Edmunds: Edmunds is an established online automotive research, pricing, and listings platform. It competes for the same online car-shopping audience during the discovery and pricing phase of the consumer journey.
- CarMax: CarMax is the largest U.S. used-car retailer with a hybrid online + physical store model and significant used-vehicle inventory. Driveway competes for the same online used-car shopper across the U.S.
- Kelley Blue Book (Cox Automotive): KBB is a leading vehicle valuation and online marketplace brand under Cox Automotive, providing pricing data, listings, and dealer leads. It overlaps with Driveway on online price discovery and consumer demand generation for vehicles.
- TrueCar: TrueCar runs an online automotive marketplace that delivers priced vehicle listings and dealer connections to consumers. It overlaps with Driveway in the online vehicle discovery and pricing comparison phase.
- AutoTrader: AutoTrader is one of the largest online marketplaces for new and used vehicles with deep dealer relationships; it overlaps with Driveway on the consumer online research-and-shopping funnel.
Emerging players
- Shift: Shift was a venture-backed online used-car marketplace offering home delivery and instant offers, pursuing the same consumer-facing online transaction model as Driveway before ceasing U.S. operations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Driveway social profiles
Digital presenceDriveway financial estimates
Financial estimateRevenue estimate
Valuation estimate
Driveway leadership team
Management profileNumber of profiles
Driveway funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Driveway M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Driveway
What does Driveway do?
Driveway operates an online automotive marketplace that enables consumers to buy and sell vehicles. The platform, branded with the tagline 'Buy or Sell Your Car Your Way', provides a digital venue where individual car owners and buyers can transact vehicle sales online.
When was Driveway founded?
Driveway was founded in -1. It employs 51 to 100 people.
Where is Driveway based?
Driveway is headquartered in Miami Beach, United States, in the North America region.
Who are Driveway's main competitors?
Direct peers on record are Carvana and Vroom. Broad incumbents are Cars.com, CarGurus, Edmunds, CarMax, Kelley Blue Book (Cox Automotive), TrueCar and AutoTrader. Shift is listed as an emerging player.
Does Driveway have an API?
No public API is recorded for Driveway.
What industry is Driveway in?
Driveway's product category is Online Automotive Marketplace. Its primary akta.pro industry code is CRAFAKAE, Automotive Vehicles & Parts C2C. Its NAICS code is 44112 and its SIC code is 5500.