HopDrive provides on-demand short-distance vehicle transportation for automotive businesses, supporting concierge appointment pickups, at-home test drives, vehicle purchase deliveries, and fleet movements. The company was founded in 2018 by CEO Nick Mottas and is based in Richmond, VA. In 2022 HopDrive doubled its geographic footprint from 4 to 9 markets, including Richmond, Charlotte, Raleigh-Durham, Atlanta, Philadelphia, Chicago, Phoenix, Dallas, and Houston. The company plans to expand to Orlando, Baltimore, and Nashville within the next 90 days and to an additional 20 markets over the next two years. HopDrive closed an $8M Series A and intends to use the funds to accelerate development of its technology platform, make key hires to support its customer base, and fuel a significant increase in its nationwide footprint.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2023