DriveSmart Administration Revenue

Insurance • 1250 Broadway Alley, Floor 36, United States • 11-20 Employees

DriveSmart Administration revenue & valuation

Annual revenue	$1,026,660
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Insurance industry and current estimated revenues	$3,300,000
Total funding	$2,000,000

Key Contacts at DriveSmart Administration

Daniel Rodd

Chief Executive Officer

Stephen Lubas

Director Of Business Development

Company overview

Headquarters	1250 Broadway Alley, Floor 36, New York, NY 10001, US
Website	drivesmart.auto
NAICS	52
Founded	2016
Employees	11-20

DriveSmart Administration Email Formats

DriveSmart Administration uses 5 email formats. The most common is {first name}.{last name}@company.com (e.g., john.doe@company.com), used 42.1% of the time.

Format	Example	Percentage
{first name}.{last name}@company.com	john.doe@company.com	42.1%
{first name}@company.com	john@company.com	25.3%
{first name initial}{last name}@company.com	{first name initial}doe@company.com	14.8%
{first name}{last name}@company.com	johndoe@company.com	10.2%
{last name}@company.com	doe@company.com	7.6%

About DriveSmart Administration

DriveSmart Administration Inc. is a premier Third-Party Administrator (TPA) specializing in vehicle service contracts and automotive protection products. Founded in 2016, DriveSmart quickly emerged as a trusted brand nationwide, known for flexible vehicle protection plans. Our innovative, customer-focused solutions provide peace of mind to vehicle owners by offering affordable coverage without long-term commitments. We stand out with robust offerings like Engine Protection Plans backed by Lucas Oil, flexible service terms, and comprehensive roadside assistance. DriveSmart partners with top-tier organizations, including NASCAR, Lucas Oil, RepairPal, Insurify, and more. Our high-impact marketing strategy features extensive digital campaigns, TV commercials, and strategic partnerships highlighted on platforms such as ESPN, FOX Sports, and MSNBC. We provide credit unions, dealerships, affinity groups, and call centers a turnkey solution to effortlessly generate recurring revenue while enhancing customer loyalty. Headquartered in New Jersey, DriveSmart is backed by A.M. Best A-Rated insurers and prides itself on a strong claims process, exceptional customer service, and innovative technology solutions. Our mission is to simplify automotive protection, making vehicle ownership worry-free for consumers and creating sustainable revenue streams for our business partners. Explore partnership opportunities and learn more at www.drivesmart.auto or www.drivesmartds.com

Employees by Management Level

Total employees: 11-20

Seniority

Employees

Entry

C-Suite

Manager

Employees by Department

DriveSmart Administration has 9 employees across 4 departments.

Departments

Number of employees

Funding Data

Explore DriveSmart Administration's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2024-04-29	9	$2,000,000

Funding Insights

$2,000,000

Total funding amount

$2,000,000

Most recent funding amount

Number of funding rounds

Frequently asked questions

DriveSmart Administration is located in 1250 Broadway Alley, Floor 36, US.

DriveSmart Administration generates an estimated annual revenue of $1,026,660. This revenue figure reflects the company's market position and business performance in its industry.

DriveSmart Administration has an estimated valuation of $3,300,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

DriveSmart Administration was founded in 2016, making it 10 years old. The company has established itself as a significant player in its industry over this time.

DriveSmart Administration has approximately 11-20 employees. The company continues to grow its workforce to support its business operations and expansion.

DriveSmart Administration has raised a total of $2,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contacts at DriveSmart Administration

Daniel Rodd

Chief Executive Officer

Stephen Lubas

Director Of Business Development

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