CASHDROP

CASHDROP

A mobile commerce platform enabling entrepreneurs to quickly launch an online storefront from their phone without any commissions or monthly fees.

Founded 2020 2-10 employees Seed Total: $2.70M E-Commerce, Payments

CASHDROP is a mobile commerce platform that caters to the needs of mobile-first entrepreneurs. The company's slogan, "A mobile commerce platform enabling entrepreneurs to quickly launch an online storefront from their phone without any commissions or monthly fees," encapsulates its value proposition. With CASHDROP, businesses can easily establish an online storefront within 15 minutes using their mobile phones. This innovative platform facilitates contactless sales of various products and services without incurring commissions or monthly fees, making it an attractive option for entrepreneurs. CASHDROP's mission is to provide a straightforward and rapid method for mobile-native entrepreneurs to start selling, irrespective of their industry. Founded by Ruben Flores-Martinez in January 2020, CASHDROP is headquartered in Chicago, Illinois. The company operates within the E-Commerce industry and recently secured a Venture Round investment on 01 January 2022, with Kombo Ventures participating as the investor. This essential information emphasizes the company's recent progress and its potential appeal to venture capitalists seeking investment opportunities in the dynamic world of mobile commerce.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	Undisclosed	1	The Josephine Collective	09 Apr 2022
Venture Round	Undisclosed	1	Kombo Ventures	01 Jan 2022
Seed Round	$2.70M	7	Founder Collective, Harlem Capital +5	04 Aug 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

Undisclosed

The Josephine Collective

09 Apr 2022

Venture Round

Undisclosed

Kombo Ventures

01 Jan 2022

Seed Round

$2.70M

Founder Collective, Harlem Capital +5

04 Aug 2020

FAQ About CASHDROP

A mobile commerce platform enabling entrepreneurs to quickly launch an online storefront from their phone without any commissions or monthly fees.

CASHDROP was founded in 2020.

CASHDROP operates in E-Commerce and Payments. Its work centres on mobile commerce, online storefront, entrepreneurship and contactless sales.

CASHDROP has approximately 2-10 employees.

CASHDROP has completed 3 funding rounds, raising a total of $2.70M. The latest funding stage is Seed.

Top alternatives and competitors to CASHDROP include Zepo.in, UltraCart, DotPe, MONEXgroup, BoxCommerce. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

CASHDROP and Zepo.in are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (3)

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FAQ About CASHDROP