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DriveWealth - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about DriveWealth including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

DriveWealth company logo

Empowering investing for everyone.

DriveWealth is a global B2B financial technology platform providing Brokerage-as-a-Service, enabling banks, broker-dealers, and fintechs to offer investing and trading experiences.

HeadquartersChatham, New Jersey, United States
Team size200-500
Founded2012

What is DriveWealth? - Company Overview & Details

DriveWealth is DriveWealth is a global B2B financial technology platform providing Brokerage-as-a-Service, enabling banks, broker-dealers, and fintechs to offer investing and trading experiences. Founded in 2012, the company is headquartered in Chatham, New Jersey, United States.

Who Founded DriveWealth?

DriveWealth was founded by Robert Cortright.

Who are the Key Executives at DriveWealth? - Leadership Team

DriveWealth is led by experienced executives in key positions:

Chief Executive Officer (CEO) of DriveWealth

David GrantCEO

Chief Technology Officer (CTO) of DriveWealth

Steve YatkoCTO

About David Grant - CEO of DriveWealth

David Grant serves as the Chief Executive Officer of DriveWealth, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

DriveWealth Company Details & Key Information

Where is DriveWealth located?

DriveWealth is headquartered in Chatham, New Jersey, United States.

How many employees does DriveWealth have?

DriveWealth has 200-500 employees.

When was DriveWealth founded?

DriveWealth was founded in 2012.

DriveWealth Official Website

How much funding has DriveWealth raised?

DriveWealth has raised $736.5 Million across 5 funding rounds. The most recent funding was completed on 2021-09-20.

Funding Overview

DriveWealth has raised substantial funding to fuel its growth, notably a $450 Million Series D round led by Insight Partners and Accel.

$736.5 Million
Total Funding Raised
5
Funding Rounds
2021-09-20
Latest Round

DriveWealth Funding History

Series D
2021-09-20
$450 Million$2.9 Billion valuation
Series C
2020-10-27
$56.7 Million$2.85 Billion valuation

Who are the key investors in DriveWealth?

DriveWealth is backed by 3 key investors including Insight Partners, Accel, SoftBank Vision Fund. These investors focus on Fintech, Technology, Consumer Technology sectors.

DriveWealth Investor Overview

3
Key Investors
5
Focus Areas
2
Notable Investments

Complete List of DriveWealth Investors

Insight Partners

A leading global venture capital and private equity firm.

Investment Focus
Fintech
Technology
Notable Portfolio Companies
Accel
Greyhound Capital

Accel

A Silicon Valley-based venture capital firm.

Investment Focus
Consumer Technology
Enterprise Software

SoftBank Vision Fund

A technology-focused venture capital fund.

Investment Focus
Technology
Telecommunications

What sectors do DriveWealth investors focus on?

The investors backing DriveWealth primarily focus on Fintech, Technology, Consumer Technology, Enterprise Software, Telecommunications sectors.

Fintech
Technology
Consumer Technology
Enterprise Software
Telecommunications

Featured Investor: Insight Partners

Insight Partners

A leading global venture capital and private equity firm.

Notable Investments: Accel, Greyhound Capital

What are DriveWealth's future plans?

DriveWealth DriveWealth aims to continue expanding its services globally.

DriveWealth Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does DriveWealth face?

DriveWealth has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for DriveWealth

1

Regulatory hurdles

2

Market competition

What opportunities does DriveWealth have?

DriveWealth has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for DriveWealth

1

Expansion into new markets

2

Growing demand for fintech solutions

DriveWealth Strategic Position Summary

Key Focus Areas

DriveWealth is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about DriveWealth?

DriveWealth has 2 recent news updates covering key business developments and market activities.

DriveWealth News Overview

2
Recent Articles
Active
Media Coverage
2025-04-05
Latest Update

What is DriveWealth in the news for?

DriveWealth is currently featured in news for DriveWealth Holdings, Inc. launches fixed income and mutual funds trading worldwide - PR newswire. and other significant business developments.

Recent News Articles About DriveWealth

Article 1
2025-04-05

DriveWealth Holdings, Inc. launches fixed income and mutual funds trading worldwide - PR newswire.

DriveWealth launches fixed income and mutual funds trading worldwide.

fundsmagazine.co.uk
Read News
Article 2
2025-03-11

DriveWealth Holdings, Inc. partnered with Devexperts Solutions IE Limited on Mar 11th '24.

DriveWealth and Sharegain collaborate to enhance securities lending with UK and EU compliance.

financemagnates.com
Read News

DriveWealth FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about DriveWealth including information about founders, CEO, funding history, investors, headquarters location, and company details. 19 frequently asked questions covering key information about the company.

DriveWealth Questions & Answers - Company Information

Q1

What is DriveWealth?

DriveWealth is a global B2B financial technology platform providing Brokerage-as-a-Service, enabling banks, broker-dealers, and fintechs to offer investing and trading experiences.

Q2

Who founded DriveWealth?

DriveWealth was founded by Robert Cortright.

Q3

Who is the CEO of DriveWealth?

The CEO of DriveWealth is David Grant. You can find more information about them on their LinkedIn profile.

Q4

How much funding has DriveWealth raised?

DriveWealth has raised a total of $$736.5 Million across 5 funding rounds. The most recent funding was completed on 2021-09-20.

Q5

Who are the investors in DriveWealth?

DriveWealth's key investors include Insight Partners, Accel, SoftBank Vision Fund.

Q6

Where is DriveWealth headquartered?

DriveWealth is headquartered in Chatham, New Jersey, United States.

Q7

When was DriveWealth founded?

DriveWealth was founded in 2012.

Q8

How many employees does DriveWealth have?

DriveWealth has 200-500 employees.

Q9

What is DriveWealth's official website?

You can visit DriveWealth's official website at http://www.drivewealth.com.

Q10

What was DriveWealth's latest funding round?

DriveWealth's latest funding round was a Series D round of $$450 Million completed on 2021-09-20.

Q11

Who is founder?

Robert Cortright

Q12

Who is cto?

Steve Yatko

Q13

What does the company do?

DriveWealth is a global B2B financial technology platform providing Brokerage-as-a-Service, enabling accessible investing.

Q14

How much funding?

$736.5 Million

Q15

Latest funding date?

2021-09-20

Q16

Who are the investors?

Insight Partners Accel SoftBank Vision Fund

Q17

What are the challenges?

Regulatory hurdles Market competition

Q18

What are the opportunities?

Expansion into new markets Growing demand for fintech solutions

Q19

Latest news?

DriveWealth launches fixed income and mutual funds trading worldwide. DriveWealth and Sharegain collaborate to enhance securities lending with UK and EU compliance.

More Information About DriveWealth

For additional details about DriveWealth, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.