Drive lah: Funding, Investors & Team (Sep 2026)
Drive lah, a start-up based in Singapore, was founded in January 2019 as a peer-to-peer car sharing platform. The company offers a wide range of cars available for rent at affordable prices, and all trips booked through Drive lah are insured by Tokio Marine, our insurance partner. The main concept behind Drive lah is to address the high cost of car ownership in Singapore, where most cars are parked and only used 5% of the time. By allowing car owners to rent out their vehicles when they are not in use, Drive lah helps reduce the cost of ownership. Renters can take advantage of these available cars at a good value. In line with the growing trend of on-demand services in various fields such as taxi, food, and beauty, Drive lah aims to lead the way in providing convenient and simplified car access for traveling long distances.
Drive lah has raised $8.2M across 2 funding rounds on record, the most recent a Series A of $5.0M announced in Oct 2023.
That round is below the $15M median round size for Internet Publishing companies tracked on FundedIQ over the last two years.
Drive lah Company Profile and Key Stats
Latest funding round on record: Oct 2023.
Drive lah Funding Rounds
Drive lah raised $3.2M in a Seed announced in Jul 2021.
2.3 years later, a Series A of $5.0M was announced in Oct 2023.
Drive lah Founders and Leadership Team
No contact details are on record for this team yet.
Drive lah Funding Compared to Other Internet Publishing Startups
Drive lah's latest round of $5.0M is below the median round in Internet Publishing. Medians cover the last 24 months of disclosed rounds.
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Drive lah Funding FAQs
What does Drive lah do?
Drive lah, a start-up based in Singapore, was founded in January 2019 as a peer-to-peer car sharing platform. The company offers a wide range of cars available for rent at affordable prices, and all trips booked through Drive lah are insured by Tokio Marine, our insurance partner. The main concept behind Drive lah is to address the high cost of car ownership in Singapore, where most cars are parked and only used 5% of the time. By allowing car owners to rent out their vehicles when they are not in use, Drive lah helps reduce the cost of ownership. Renters can take advantage of these available cars at a good value. In line with the growing trend of on-demand services in various fields such as taxi, food, and beauty, Drive lah aims to lead the way in providing convenient and simplified car access for traveling long distances.
How much funding has Drive lah raised?
Drive lah has raised $8.2M across 2 rounds on record. The most recent is a Series A of $5.0M announced in Oct 2023.
When did Drive lah last raise funding?
Drive lah's most recent funding round on record is a Series A of $5.0M, announced in Oct 2023.
Who founded Drive lah?
FundedIQ lists Dirk Jan Ter Horst (Founder) at Drive lah.
Who is the CEO of Drive lah?
Dirk-Jan ter Horst is listed as CEO at Drive lah.
Where is Drive lah headquartered?
Drive lah is based in Singapore, Central Region, Singapore.
How many employees does Drive lah have?
Drive lah is in the 11-50 employee band.
How does Drive lah's funding compare to other Internet Publishing startups?
Drive lah's latest round of $5.0M is below the $15M median round size for Internet Publishing companies on FundedIQ across 11 tracked companies over the last two years.
About FundedIQ's Drive lah Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Drive lah is left off this page rather than filled in.
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