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What kind of company is DRIVEN?
DRIVEN is a tech company that specializes in developing autonomous vehicle solutions. Founded in 2015 by a team of seasoned engineers and entrepreneurs, the company has quickly gained recognition as one of the most innovative players in the self-driving car industry.
DRIVEN's mission is to leverage cutting-edge technology in order to make driving safer, more efficient, and more enjoyable for everyone. Their unique approach to autonomous driving technology combines artificial intelligence, advanced sensors, and real-world driving data with the goal of creating a self-driving system that can be trusted to handle any driving scenario.
One of DRIVEN's core products is the DRIVEN Autonomy Platform, which is a software solution designed to enable car manufacturers and others to quickly and easily implement autonomous driving features in their vehicles. The platform is highly customizable and can be tuned to meet the unique needs of various driving scenarios.
In addition to its autonomous driving technology, DRIVEN is also involved in research and development in other areas of mobility, such as electric vehicle technology, connected vehicle technology, and transportation infrastructure.
Despite being a relatively new entrant to the autonomous driving space, DRIVEN has already made a big impact in the industry. The company has raised significant amounts of funding from top venture capital firms and other investors and has also secured partnerships with some of the biggest names in the automotive industry.
Overall, DRIVEN is a dynamic and fast-growing company with a strong focus on solving some of the most pressing challenges facing the transportation industry today. With its talented team of engineers and leaders, as well as its commitment to innovation, the company is well-positioned to continue making waves in the years to come.
Frequently Asked Questions about driven
A purpose-driven company is one that has a shared vision surrounding a relevant social issue and promotes and advances it through various customer, product and employee policies. Working at a purpose-driven organization can allow you to complete impactful work that aligns with a company's ideals.
We operate many well-known and trusted brands that provide customers with a full suite of automotive services across paint, collision, glass, vehicle repair, oil change, maintenance, and car wash.
Driven Brands is an automotive services company. It provides a range of consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance, and carwash.
The parent company of North America's leading automotive service brands, including Take 5 Oil Change®, Meineke Car Care Centers®, Automotive Training Institute™, Maaco®, CARSTAR®, ABRA®, Uniban™, 1-800-Radiator & A/C®, and PH Vitres d'Autos™.
Purpose-driven companies experience greater productivity, and their employees are more likely to invest their careers there. Deloitte's research finds “such companies report 40 percent higher levels of workforce retention than their competitors.” For those seeking a place to work and grow, purpose is a major attractor.
Patagonia is the embodiment of a purpose-driven brand. In 2018 they changed their mission from “Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis” to a very purpose-driven mission “Patagonia is in business to save our home planet.
Roark Capital Group
The company remains majority owned by Roark Capital Group of Atlanta, the private equity group that bought Driven Brands in 2015.
Jonathan Fitzpatrick (Jul 2012–)Driven Brands, Inc. / CEO
Jonathan Fitzpatrick, President, Chief Executive Officer
Mr. Fitzpatrick has served as our President and Chief Executive Officer since July 2012, has served as a member of our board of directors since April 2018 and previously served as a member of the board of managers of Driven Investor LLC.
Key Data
| Label | Value |
|---|
| Previous Close | $12.06 |
| 52 Week High/Low | $32.97/$12.03 |
| Market Cap | 2,008,713,260 |
| P/E Ratio | 15.37 |
In product-driven organizations, all the functions of the company are focused on the product - its design, features, capabilities, and its subsequent design and manufacture. All the other departments act as support for the product, and that includes the finance, human resources, and even IT sections.
Project-driven organizations are structured to facilitate the planning and management of projects. They focus on making changes to the organization's products and services through the successful completion of these projects.
Purpose-driven companies are more ambitious, they attract the best talent, inspire richer innovation, make faster decisions, are more trusted, have greater loyalty, and attract more investment.
