The Company also has a growing presence in the corporate fleet training market, with an initial focus on small to medium sized fleets.
IDRIVE SAFELY BY E DRIVING DRIVERS
In addition to online course delivery, the Company also has more than 110 branded cars providing behind-the-wheel instruction-the only national provider offering first-time drivers a bundled solution consisting of online driver education and behind-the-wheel driver training. The Company is uniquely positioned at the convergence of several key trends: the growth of online education, the exploding marketplace connecting drivers to new business models, the growth of apps and wearable devices to capture and control personal data and behavior, and the growing public focus on mitigating distracted and unsafe driving. With more than 10 million customers to date and 400 employees worldwide, eDriving is the largest provider of online driver education and training solutions to consumers and corporations through its I Drive Safely and brands, providing online driver training solutions in all 50 states and Canada. The Company will be located in Oakland, CA and Carlsbad, CA with local offices throughout the United States. eDriving was created by the strategic combination of I Drive Safely, a CIP Capital portfolio company, and, the leading provider of online and behind-the-wheel driver education solutions to teenagers, in the second half of 2014.
20, 2015 /PRNewswire/ - CIP Capital, a middle-market private equity fund, announced the formation of eDriving LLC (the “Company”), the leading provider of online driver’s education, defensive driving education, behind-the-wheel training and fleet driving safety.
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