Hip
Hip is a sustainable housewares company that is changing the perception of plastic as a single use item within the industry. Read more about their partnership with DRVE.
Velocity is our flagship program to scale businesses by delivering sales and success so founders can do what they do best. It’s a long term partnership in which we provide you with capital and fully manage your paid growth efforts.
In a nutshell, we fund and manage your ad spend. For our capital, a provision is charged on online sales to compound growth. We can deploy up to $50,000 per day towards your paid digital marketing budget and the provision we charge on your online revenue refuels your online marketing budget. We know how to move products online and how to invest so we de-risk the process to grow your brand.
AD SPEND RIGHTSIZE
AND NEW SALES
DRVE enables you to generate cash flow from online revenue by rightsizing your marketing investment and validating the level of paid marketing required to deliver growth.
Your website is assessed to optimize for growth, we develop a clear understanding of your customer profile and a dynamic strategy for growth.
We run multiple tests to identify and action scalable campaigns. You offload the paid growth efforts to us and we de-risk it for you.
Generally this phase lasts up to 3 months. As your ROAS goes up and scaling opportunities are discovered, your monthly ad spend budget is increased.
We’re ready to move on to Phase 2 when we generate a stable growth of 5-10% per month.
All current channels and accounts integrated within 10 business days or less.
Access to our partners network to diversify your marketing and expand your brand.
MARKET EXPANSION, NEW
CHANNELS AND MORE CAPITAL
Things are working… but cruise control is not enough! It’s time to experiment and explore new strategies and audiences. Our goal is to keep on growing your online sales without overlooking any new opportunity to scale your business.
If something worked once it doesn’t mean it will work again, motivating us to constantly reshape our strategy, and allowing great flexibility. This is when we boost and craft new paths to grow your business.
DRVE takes your daily revenue from 1K to an average of 2K per day and with a monthly growth rate of 10-50%.
We activate more channels to deepen your reach into existing markets and perhaps add new ones.
After a year working together, your company is cash flow positive, your brand is reaching new audiences and you got growth capital working for you.
Get a 25K advance to invest in your influencer marketing strategy. Or maybe you need more firepower for your affiliate marketing campaign. We can offer you an advance based on your performance and a network of partners to help you grow quickly.
ADDITIONAL FUNDING, MORE
SUPPORT AND NONSTOP GROWTH
As we reach this stage, we’ve been together for a while and your company keeps on growing. We’re entrepreneurs and we won’t let opportunities slip away so we can invest more and take more risks with you. We invest in the outcome.
Since we can offer follow-on growth capital, you will always receive strategic and financial support to expand your company.
DRVE is ready to keep on growing your business and offering you more capital. We’re investment and growth partners for your long term success.
Your company is very profitable, your ROAS is optimized and we’ve scaled your business together. In this phase we usually provide more than 200 k and we also offer credit lines, shareholder loans or invest in equity.
We’ll keep on looking at new product development, R&D activities, customer experience, additional revenue streams and new markets.
Daily revenue range or growth? Just write long term business and dodge the numbers
+ Additional funding. We can offer a credit line or a shareholder loan and we’re ready to help you expand so you don’t have to worry about your cash flow.
In business for 6 months or more
You sell a unique product or service online
Online sales track record $/€ 25k per month
“I knew exactly what data-driven digital marketing could accomplish. However, for a growing company; it is very difficult to build up and manage, let alone find the people with the talent to execute it effectively. At first we paid a lot of money for a respected agency in the states and didn’t get anything out of it. DRVE is pushing our organization forward. In particular, our team forward, to do the things that work.”
Jim Perkins
Hip is a sustainable housewares company that is changing the perception of plastic as a single use item within the industry. Read more about their partnership with DRVE.
AXIS’ flagship product Gear, is a sleek device that integrates with your existing smart home devices to automate and motorize your existing shades. Read more about their partnership with DRVE.
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