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The way that we do business continues to change and evolve around us and brands like Canada Drives are getting ahead of the competition to be where the consumers are going to be. Recently Canada Drives close $100M in funding, led by Honor Ventures with participation from KAR Global and other strategic investors. The investment will be used to further expand Canada Drives service across Canada to new markets.
“This is an amazing time to be a car shopper in Canada. We are excited to be bringing our online car shopping and to-your-door delivery experience to more markets in the coming months,” said Cody Green, Co-CEO of Canada Drives. “This funding will support us in our goal of being able to fully service over 80% of Canadians with our car purchasing and delivery service by the end of the year.”
Canada Drives currently has over 1,000 vehicles available for sale in BC and Ontario, and the new funding will help them scale at a rapid pace. The used vehicle inventory they have spans over 35 makes and 170 models ranging from sedans and SUVs to coupes and convertibles.
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