WE ARE DRVE
We provide capital to drive your online revenue to new heights at our risk, on our bill making it effortless for you.
DRVE has a unique approach that provides capital to drive the growth of our program partners’ companies.
We provide capital and a provision is charged on online sales as we do not count hours and have no hidden fees. By connecting our bank accounts to your ad accounts, we can deploy up to $50,000 per day towards your paid digital marketing budget.
Our focus at DRVE is to boost online sales growth, leaving offline sales solely attributable to our partners. However, many of our partners have seen their online success translate into offline interest via bricks-and-mortar sales or distributors/retailers, as an added bonus to DRVE’s digital reach.
The typical founder joining Velocity runs a company with a small team and has an online sales track record of $/€ 25k. Velocity interfaces with your existing brand voice across all channels to synchronize and amplify your online presence.
Additional criteria is:
- A unique product or service sold online
- In business for 6 months or more
- A website built for online sales
- Incorporated in the European Union, Canada, USA, Singapore, Japan, Australia or New Zealand
- Social proof and active content strategy
- Online revenue: $/€ 25k per month
- Industries we look at: consumer goods, luxury/jewellery products, beauty/cosmetics, baby goods, consumer electronics, interior decor, subscription boxes, mass appeal sport equipment, nutrition/supplements and in few cases SaaS or Consumer Services that fit above criteria.
It means we take care of your paid marketing strategy and execution so you can focus on the rest. We reevaluate your strategy so it fits your revenue goals from day one. Our focus is to optimize your paid marketing efforts while your team works on growing your overall marketing and businesses.
DRVE employs a provision structure, which refers to the amount of capital kept for a purpose. In the case of our programs, we charge a percentage on online revenue. This provision percentage represents every DRVE needs to fund and manage your paid marketing activities including the budget itself and all the resources (i.e. systems, people, partnerships, etc) required to make it generate revenue performance.
A provision is typically a charge between 30% and 50% on online revenue. We analyze your data, analytics and your relevant markets to determine a suitable rate that encourages growth.
We accept applications on a rolling basis. Fill out the form here and find out if you qualify for one of our programs.
Once you have qualified, our onboarding process usually takes between 3 – 10 days to integrate all systems, review your existing paid marketing setup and design a strategy. After this, our team will kick off the campaigns and test different channels for growth.