Monthly Consumer Subscriber Base is ~1,400, Up From ~500 Exiting Calendar Year 2016 B2B Automotive Movements Exceeded 5,700 in Calendar Year Quarter 4, up ~200% Year over Year DropCar Adds Multiple Premier Auto Original Equipment Manufacturers (OEMs) & Dealers NEW YORK, Feb. 16, 2018 (GLOBE NEWSWIRE) — DropCar (DCAR) a provider of app-based automotive logistics and mobility…
52 Week Range
Founded and launched in New York City in 2015, DropCar offers a cloud-based platform and mobile app that help consumers and automotive-related companies reduce the cost, hassles and inefficiencies of owning a car, or fleet of cars, in urban centers. Its technology platform blends the efficiency and scale of cloud computing, machine learning and connected cars with the high-touch of highly trained valets to transport cars to/from fully staffed, secure garages to/from the people (or businesses) who own them. Consumers use DropCar’s mobile app to ease the cost and stress of owning a car in the city. Dealerships, leasing companies, OEMs and shared mobility providers use DropCar’s enterprise platform to reduce costs, streamline logistics and deepen relationships with customers.