Through a combination of technology and customer service, Canada Drives enables consumers to shop, purchase, finance, and sell vehicles entirely online. To provide this value and convenience, Canada Drives must predict market prices and reconditioning costs to provide accurate and fair prices to sellers and buyers, and to optimize its supply chain. Canada Drives will use SCALE AI’s funding to acquire intelligence in the form of data and machine learning models to fuel the development of consumer-facing solutions and to deepen its relationships with ecosystem partners.
Andrew Hall, Vice-President Data & Analytics, Canada Drives: “We offer a service that provides the easiest way for consumers to buy or sell a car, turning what is typically the second-largest financial decision into a fast, transparent, and fun experience. In launching this project, we are scaling our capacity to support rapidly evolving demand at fair prices, in a distinctive approach that combines the best of our know-how with the best in AI technology.”
$0.9M
$2.2M
"We offer a service that provides the easiest way for consumers to buy or sell a car, turning what is typically the second-largest financial decision into a fast, transparent, and fun experience. In launching this project, we are scaling our capacity to support rapidly evolving demand at fair prices, in a distinctive approach that combines the best of our know-how with the best in AI technology.”
— Andrew Hall, Vice-President Data & Analytics, Canada Drives