Drover offers cars by subscription
by Startacus Admin
Drover - the startup that offers all inclusive car subscriptions for everyday and private hire drivers across the UK.
Cars are expensive. A few of the Startacus team can attest to that. A fairly priced second-hand car is all well and good, but something’s wrong when you pay a few times that for repair. You said the brakes were new! Anyway, the point is insurance is expensive; fuel, repairs, tax...let’s just say being a driver is expensive. For many people it is a necessity more than it is a luxury, but what if it’s a short term necessity and you don’t want - or can’t afford - to buy a car, get it insured, taxed, and MOT’d when you’ll be cycling or skipping to work the rest of the year? What happens when the cost outweighs the benefit?
London-based Drover could be the answer. Via either a monthly rolling subscription or a minimum commitment subscription, you can get a subscription car!
This means that you can leave the insurance, tax, maintenance, repair, and even breakdown cover to Drover and get on with the actual driving. You’ll need to pay for fuel, but you’ll get discounted prices thanks to Drover’s partnership with BP.
If you feel like a change, you can even swap the car every month. This frees you from the normal long-term commitment of car leasing, as the 
discounted minimum subscription option starts at just 2 months.
Highlighting just how useful investors feel this service can be, Drover’s seed round raised £2m from Version One and Forward Partners, and then went on recently to raise another £5.5m from investors including BP Ventures, Cherry Ventures, and Partech Ventures.
This encouraging investment suggests Drover’s model has plenty of mileage in it... :)
If you are into other car-focused startups, you might want to read:
Zebra Fuel, an innovative app that delivers diesel directly to your car.
Car & Away takes off with it's AirBnB for car rental service.
honcho - the reverse auction marketplace for insurance.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Crypto financial services startup Nebeus launches a £1.1m crowdfunding campaign to bring banking services to 2 billion unbanked people.
Zencargo, a digital freight forwarder on a mission to simplify global trade, announces its seed plus round, led by LocalGlobe, bringing total funds raised to over $4m
BleepBleeps - The lowdown on the tech parenting brand that's creating innovative connected products to make the art of parenting easier!
Lumen - The new dating app that's been specifically designed for over 50s to meet genuine like-minded singles...
Startacus teamed up with inaugural Innovation Nation 2018 to deliver Ascend, an all-Ireland tech startup pitch competition. The startups that will be pitching at Innovation Nation 2018 are:
Liverpool based startups and entrepreneurs take note - here's the lowdown on key startup support and help available where you are...
Thortful - The startup that's providing a creative card marketplace for designers, illustrators and photographers...
We are liking the sound of Feels FM, an emoji-powered jukebox using music as a positive coping strategy, & to find new ways to talk about mental health.
Innovative startups and businesses designed and focused on empowering and embracing female consumers.
P2P investment aggregator Orca raises £500K on equity crowdfunding platform, Seedrs within two days.
Published on: 2nd April 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Digital freight forwarder Zencargo announces its seed plus round 24th Sep 2018 Zencargo, a digital freight forwarder on a mission to simplify global trade, announces its seed plus round, led by LocalGlobe, bringing total funds raised to over $4m
- P2P investment aggregator Orca raises £500k in two days 18th Sep 2018 P2P investment aggregator Orca raises £500K on equity crowdfunding platform, Seedrs within two days.
- Wincanton innovation programme W2 Labs looks to tech startups 18th Sep 2018 British logistics company Wincanton is looking for tech startups to pitch their solutions for industry specific challenges, as part of their returning W2 Labs innovation programme.
- Spotify for textbooks Perlego raises $4.8m 16th Sep 2018 Perlego - billed as the 'Spotify for textbooks' - has closed a $4.8m venture round, signalling a new chapter for the growing company on a mission to make textbooks more accessible.
