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Drop logo — company profile

Drop

Founded 2015 51-200 employees Series Unknown Total: $56.17M E-Commerce, Mobile +3

General Information

Company Name Drop
Founded Year 2015
Employees 51-200
Industries E-Commerce, Mobile, Social Media +2
Funding Stage Series Unknown
Social

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About Drop

Drop is a Toronto-based startup, founded in 2015, with a mission to enhance consumer lives through a personalized commerce platform. The company seamlessly connects its 4 million+ members with over 400 partner brands, utilizing machine learning to enable them to earn points and redeem instant rewards. Recently, Drop has expanded its operations into the UK, showcasing its global ambition. The company operates in the E-Commerce, Mobile, Social Media, Marketing, CRM, and Sales industries. In its latest funding round in April 2021, Drop secured investment from Hyphen Capital, Tom Williams, and Bossanova Investimentos. This investment reflects the confidence of notable investors in the potential of Drop's model and its ability to drive consumer engagement.

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 3
Investor
•••• •••• 		01 Apr 2021
Series B •••••• 7
Investor Investor Investor Investor Investor Investor Investor
07 Mar 2019
Series A •••••• - 31 Jan 2018
Seed Round •••••• - 28 Feb 2017
Seed Round •••••• - 04 Nov 2015

Latest News

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Magnets are switching up the keyboard game — Techcrunch
Magnets are switching up the keyboard game
Techcrunch Apr 07, 2024

Drop Alternatives & Competitors

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Drop vs
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FAQ About Drop

At Drop, our mission is to enhance consumer lives, one reward at a time. Through our personalized commerce platform, we seamlessly connect members with the right brands at the right time, making each day better. Driven by machine learning, we link consumers with over 400 partner brands, enabling the...
Drop was founded in 2015.
Drop operates in the following industries: E-Commerce, Mobile, Social Media, Marketing, CRM and Sales.
Drop has approximately 51-200 employees.
Drop has completed 5 funding rounds, raising a total of $56.17M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Drop include HPS group, Switchcraft, CLYNK, Get My Slice, Outset Agency. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Drop and HPS group 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.

Source: BounceWatch company record for Drop, https://bouncewatch.com/company/drop, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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