Canada Drives raises $100M to accelerate online auto sales across Canada
The company plans to grow its 500 person team by over 200 in the next twelve months.
Canada Drives was founded in 2010 when UBC grad Cody Green, working for an auto retailer, noticed inefficiencies in the sales process when customers would choose a vehicle and then be declined for financing.
He set out to help buyers get approved for financing in advance—and then realizing the scale of the problem and opportunity, he built an online pla…