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.

4 past transactions

Lender Compliance Technologies

Series A in 2021
Lender Compliance Technologies provides specialized compliance solutions tailored for lenders in the automotive, RV, marine, and Powersports sectors. The company leverages its deep expertise in lending, recoveries, and software development to deliver technology-driven solutions that ensure compliance with regulatory standards. Its platform features customizable workflows, interactive dashboards, and robust third-party integrations, allowing users to effectively monitor and manage the refund process in accordance with consumer protection laws. By offering audit-ready solutions, Lender Compliance Technologies aims to support lenders in maintaining strong relationships with dealers while safeguarding their financial interests.

SparkCharge

Convertible Note in 2021
SparkCharge, Inc. is an automotive company that designs and manufactures portable charging stations for electric vehicles. Founded in 2014 and based in Boston, Massachusetts, SparkCharge aims to address the limitations of traditional charging infrastructure. Its innovative products are characterized by fast charging capabilities and a modular design, allowing users to charge their electric vehicles conveniently and without the need for a fixed power source. This mobility enhances the overall electric vehicle ownership experience by enabling drivers to charge their cars wherever they go, making electric vehicle charging more accessible and practical.

WarrCloud

Seed Round in 2021
WarrCloud is a technology and service provider focused on optimizing automotive warranty management for dealerships. By transforming the administration of warranty claims, WarrCloud aims to reduce processing costs and enhance service profits for dealerships. The company's platform streamlines warranty handling by converting high fixed expenses into a low-risk variable cost that adjusts according to the dealership's specific needs. WarrCloud collaborates with dealership management system firms, warranty claims handlers, independent processors, and dealer groups to improve efficiency and cost-effectiveness in warranty processing.

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. The company develops EvalExpert, a mobile appraisal tool that assists car dealers, finance brokers, and rental companies in evaluating vehicles effectively. Additionally, its DriveExpert platform supports the management of test drives and loan vehicles. Founded in 2016 and based in Dubai, AlgoDriven operates in several regions, including Australia, New Zealand, the United Arab Emirates, Hong Kong, and China, with additional offices in Muscat and Brisbane. By leveraging big data and artificial intelligence, AlgoDriven enables car dealers, banks, and insurance firms to streamline their vehicle appraisal and pricing processes, enhancing operational efficiency across the automotive industry.
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