Vancouver Tech Journal

Vancouver Tech Journal

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Vancouver Tech Journal
Vancouver Tech Journal
Canada Drives raises $100M to accelerate online auto sales across Canada

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.

William Johnson's avatar
William Johnson
Aug 18, 2021
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Vancouver Tech Journal
Vancouver Tech Journal
Canada Drives raises $100M to accelerate online auto sales across Canada
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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…

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