Drivetrain

Drivetrain

Data integration and analytics platform for businesses

About Drivetrain

Simplify's Rating
Why Drivetrain is rated
B-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$14.6M

Headquarters

Bengaluru, India

Founded

2021

Overview

Drivetrain.ai provides a platform that helps businesses improve their operations by integrating data from various departments such as sales, marketing, HR, and customer success. The platform allows users to access real-time data, which enhances their ability to make informed decisions and manage monthly reports more effectively. Unlike many competitors, Drivetrain.ai is recognized for its user-friendly interface, making it easier for teams to collaborate and utilize data for decision-making. Additionally, the platform includes a financial model template that assists businesses in creating financial forecasts by inputting their actual data. The company's goal is to empower organizations to leverage data for better insights and strategic planning, ultimately enhancing their overall performance.

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Simplify's Take

What believers are saying

  • Growing demand for real-time data analytics boosts Drivetrain's market relevance and adoption.
  • AI-driven insights in financial planning enhance Drivetrain's predictive accuracy and scenario modeling.
  • Subscription-based model aligns with industry trends, providing predictable revenue streams for Drivetrain.

What critics are saying

  • Competition from established providers like Anaplan may challenge Drivetrain's market position.
  • Lack of transparent pricing could lead to customer dissatisfaction and potential churn.
  • Rapid AI advancements may require Drivetrain to invest heavily in R&D to remain competitive.

What makes Drivetrain unique

  • Drivetrain integrates with over 200 business tools, enhancing data accessibility and collaboration.
  • The platform uses simple English formulas for financial modeling, simplifying complex data analysis.
  • Drivetrain offers real-time budget tracking and what-if scenario modeling for proactive decision-making.

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Funding

Total Funding

$14.6M

Meets

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$15M
Drivetrain
$100M
GitHub

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

1%
TechCrunch
Oct 18th, 2022
Drivetrain Is The “Google Maps For Business Growth”

Businesses usually plot their growth strategies on spreadsheets, but Drivetrain wants to provide a faster alternative for financial planning and decision making. The startup, which calls itself “Google Maps for business growth,” announced today that it has raised $15 million from Elevation Capital, Jungle Ventures and Venture Highway, plus 25 angel investors. One of Drivetrain’s goals is to help companies identify performance issues before it affects their finances. It integrates with 200 business tools, including Salesforce, Netsuite, Quickbooks, Workday and Looker, and delivers a “system of metrics” in simple formulas, to help companies create financial models and visualizations

YourStory
Oct 18th, 2022
SaaS startup Drivetrain AI raises $15M in Series A round

Founded by ex-Partner at Elevation Capital Alok Goel with Tarkeshwar Thakur and Saurav Bhagat, Drivetrain helps businesses manage financial planning and track progress on a single dashboard.

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