# DriveDimo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drivedimo

- Industry: Software
- Headquarters: Providence, US
- Website: www.drivedimo.com
- Total disclosed funding: $21M
- Latest round: Series A (Jan 16, 2024)
- Investors on record: 10

## About

Based in Delaware, US, and founded in 2021, Digital Infrastructure Inc., dba DIMO, is a Developer of a user-owned platform intended to allow drivers to collect and share their vehicle data. In January 2024, DriveDimo raised USD 11.5 million in series A funding led by CoinFund Management, with participation from ConsenSys Mesh and Borderless Capital. 

The company's platform uses IoT to offer a range of data insights to drivers by streaming their vehicle data in exchange for tokens to build a user-owned network, enabling users to collect, custody, and share data from vehicles, and promote next-generation mobility applications. The firm provides complete access to users' automotive data so that they can understand their car’s health and performance over time. DIMO also helps to track and share data from batteries, charging habits, and more. DIMO's distribution partners include the automotive, mobility, and fleet industry.

The organization plans to use the January 2024 funds to support the development of its network.

## Funding rounds

- Series A, Jan 16, 2024, $12M — Slow, Borderless Capital, CoinFund Management, Bill Ackman’s Table Management, ConsenSys Mesh
- Seed, Feb 11, 2022, $9.1M — Slow, Wonder Ventures, Stratos Technologies, Variant, CoinFund Management, Bill Ackman’s Table Management, Streamr Network AG, Lattice Capital Management

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Seed
- Stratos Technologies — Seed
- Variant (https://capitalatlas.ai/funds/variant) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed, Series A
- Bill Ackman’s Table Management — Seed, Series A
- Streamr Network AG — Seed
- Lattice Capital Management (https://capitalatlas.ai/funds/lattice-capital-management) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Series A
- ConsenSys Mesh (https://capitalatlas.ai/funds/consensys-mesh) — Series A