Business Products & Services Company

DriveSmart

1%

Funding Goal $45,757,575
Funding Raised So Far $57,575
Funding Commitments $545,757
Funding Remaining $45,154,243
Funding Type
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


Drive Smart Warranty, based in Toms River, New Jersey, was established in 2016. The company began as a tiny local enterprise but quickly expanded to become a top national provider of extended car protection policies.

Drive Smart specializes in catering to the demands of a larger audience of drivers by offering three premium vehicle warranty coverage options. These include the budget-friendly Voyager Plan, our all-inclusive Traveler's Plan, and the Traveler's Max protection plan, which provides the same benefits as the Traveler's Plan but excludes routine car maintenance. These are value-added options tailored to the customer's budget, vehicle condition, or prolonged trip requirements.

The combination of an extended car warranty and a regular vehicle maintenance program makes Drive Smart Warranty competitive in the vehicle service contract market. Drive Smart provides its customers coverage for regular maintenance, such as brake pad replacement, oil changes, cooling system maintenance, and repairs to critical automotive and electronic components.

Many automobile owners have difficulty paying out of pocket for unexpected auto repairs. Savvy shoppers know they need additional auto service coverage to safeguard the financial investment they've made in their family's automobiles. With Drive Smart, these consumers are protected by our plans, including emergency roadside assistance, emergency car rentals, an extended vehicle warranty plan to cover unforeseen car breakdowns, and a vehicle maintenance protection plan to cover routine car maintenance.

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Business Summary


Company Age
Employees
Sub-Industry
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Management


1%

Funding Goal $45,757,575
Funding Raised So Far $57,575
Funding Commitments $545,757
Funding Remaining $45,154,243
Funding Type
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents


Contact


DriveSmart

New Yorl, NY 10989, US

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