Driven Capital Partners

Driven Capital Partners is a venture capital firm established in 2020 and located in Strongsville, Ohio. The firm focuses on consulting with and investing in technology companies, primarily within the automotive, insurance, and finance sectors. With a team of experienced executives, Driven Capital Partners aims to support innovation and growth in these industries through strategic investments and guidance.

Kelly Price

Co-Founder and Partner

4 past transactions

Lender Compliance Technologies

Series A in 2021
Lender Compliance Technologies is a company that specializes in providing compliance solutions for lenders in the automotive, RV, marine, and Powersports sectors. With a strong foundation in lending, recoveries, and compliance, along with expertise in software development, LCT develops technology-driven solutions that prioritize regulatory adherence. The company's platform features customizable workflows and interactive dashboards, enabling users to monitor the refund process in compliance with consumer protection laws. LCT's solutions also include unified third-party integrations and robust security protocols, comparable to those used by large financial institutions. By focusing on audit-ready solutions and meeting industry standards, Lender Compliance Technologies aims to support lenders in maintaining strong relationships with dealers while safeguarding their financial interests.

SparkCharge

Convertible Note in 2021
SparkCharge, established in 2017 and based in Somerville, Massachusetts, specializes in manufacturing portable electric vehicle (EV) charging stations. Their products offer fast charging capabilities and modular design for enhanced flexibility. SparkCharge aims to address the challenges of wired infrastructure by providing mobile charging solutions that eliminate the need for gas-polluting generators or external power sources.

WarrCloud

Seed Round in 2021
WarrCloud is a technology and service provider focused on improving the management of automotive warranties for dealerships. The company offers a platform that streamlines warranty claims administration, helping to minimize processing costs while enhancing profitability for service departments. By outsourcing back-office functions, WarrCloud transforms fixed expenses into a more manageable variable cost that adjusts to the specific warranty needs of dealerships. The company collaborates with dealership management system providers, warranty claims handlers, independent claim processors, and dealer groups to boost efficiency and reduce operational costs in the warranty process.

AlgoDriven

Series A in 2021
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. Founded in 2016 and based in Dubai, United Arab Emirates, the company serves a diverse clientele including car dealers, banks, insurance companies, and other participants in the motor industry across regions such as Australia, New Zealand, the United Arab Emirates, Hong Kong, and China. AlgoDriven's flagship product, EvalExpert, is a mobile app designed for car dealers to perform precise vehicle appraisals, while its DriveExpert solution streamlines the management of test drives and loan car processes. The company leverages big data and artificial intelligence to enhance its platform, offering enterprise clients access through APIs for seamless integration into their existing systems. With additional operations in Muscat, Oman; Sheung Wan, Hong Kong; and Brisbane, Australia, AlgoDriven aims to transform the automotive valuation landscape.
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