About Bopdrop
Bopdrop is a company based in Chicago (United States) founded in 2010 by Matthew Krause.. Bopdrop has raised $82.5 thousand across 1 funding round. The company has 1 employees as of July 01, 2024. Bopdrop offers products and services including Bopdrop App. Bopdrop operates in a competitive market with competitors including Myspace, FanLabel, Playlist, makromusic and Ultimate Guitar, among others.
- Headquarter Chicago, United States
- Employees 1 as on 01 Jul, 2024
- Founders Matthew Krause
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$82.5 K (USD)
in 1 rounds
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Latest Funding Round
$82.5 K (USD), Seed
Jul 06, 2020
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Investors
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Employee Count
1
as on Jul 01, 2024
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Products & Services of Bopdrop
Bopdrop offers a comprehensive portfolio of products and services, including Bopdrop App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for users to share, discover, and curate music playlists.
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Funding Insights of Bopdrop
Bopdrop has successfully raised a total of $82.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $82.5 thousand completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $82,498
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First Round
First Round
(06 Jul 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Seed - Bopdrop | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Bopdrop
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bopdrop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bopdrop Comparisons
Competitors of Bopdrop
Bopdrop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Myspace, FanLabel, Playlist, makromusic and Ultimate Guitar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand music streaming and content sharing platform
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| domain | founded_year | HQ Location |
FanLabel is operated as a music-based gaming platform.
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| domain | founded_year | HQ Location |
Music is discovered and shared via friends' and expert-curated playlists.
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| domain | founded_year | HQ Location |
Online social platform for connecting with people with similar music taste
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| domain | founded_year | HQ Location |
Operates a social networking platform for music enthusiasts and artists.
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| domain | founded_year | HQ Location |
A platform is operated for K-Pop fan engagement.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bopdrop
When was Bopdrop founded?
Bopdrop was founded in 2010 and raised its 1st funding round 10 years after it was founded.
Where is Bopdrop located?
Bopdrop is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Bopdrop?
Matthew Krause is the current CEO of Bopdrop. They have also founded this company.
Is Bopdrop a funded company?
Bopdrop is a funded company, having raised a total of $82.5K across 1 funding round to date. The company's 1st funding round was a Seed of $82.5K, raised on Jul 06, 2020.
How many employees does Bopdrop have?
As of Jul 01, 2024, the latest employee count at Bopdrop is 1.
What does Bopdrop do?
Bopdrop was founded in 2010 and is headquartered in Chicago, United States. The platform operates in the music streaming sector, where users are enabled to stream songs posted by others and share content with friends. New artists and tracks are discovered through community interactions. The service is provided exclusively as an iOS application, focusing on social music engagement without additional hardware requirements.
Who are the top competitors of Bopdrop?
Bopdrop's top competitors include Myspace, makromusic and Playlist.
What products or services does Bopdrop offer?
Bopdrop offers Bopdrop App.