About Drapr
Drapr is a company based in Berkeley (United States) founded in 2005 was acquired by Gap in August 2021.. Drapr has raised $150 thousand across 1 funding round from investors including Y Combinator and Gap. Drapr offers products and services including Drapr Widget. Drapr operates in a competitive market with competitors including Hexa3D, Virtusize, RECON Labs, Cylindo and Omi, among others.
- Headquarter Berkeley, United States
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Drapr Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Aug 25, 2020
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Investors
Y Combinator
& 1 more
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Employee Count
Employee Count
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Acquired by
Gap
(Aug 26, 2021)
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Products & Services of Drapr
Drapr offers a comprehensive portfolio of products and services, including Drapr Widget. 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.
Enables users to visualize clothing sizes on their bodies online.
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Funding Insights of Drapr
Drapr has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 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 — $150,000
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First Round
First Round
(25 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Seed - Drapr | Valuation | Y Combinator |
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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 |
Investors in Drapr
Drapr has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Y Combinator and Gap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Drapr
| 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 - Drapr
| 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 |
Drapr Comparisons
Competitors of Drapr
Drapr 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 Hexa3D, Virtusize, RECON Labs, Cylindo and Omi, 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 |
SaaS platform for 3D content creation to enable AR/VR in commerce
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| domain | founded_year | HQ Location |
Virtual fitting solutions for online garment sizing are offered.
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| domain | founded_year | HQ Location |
AI-based 3D visualization tools are offered for e-commerce product display.
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| domain | founded_year | HQ Location |
Furniture visualization software is provided for retailers and commerce.
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| domain | founded_year | HQ Location |
3D product configurators are provided for customizable e-commerce visuals.
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| domain | founded_year | HQ Location |
Virtual fitting solutions for apparel are provided via 3D visualization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Drapr
When was Drapr founded?
Drapr was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is Drapr located?
Drapr is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Is Drapr a funded company?
Drapr is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 25, 2020.
What does Drapr do?
Drapr was founded in 2005 in Berkeley, United States, within the fashion technology sector. Inventory for e-tailers is digitized through 3D scanning processes, while 3D assets are generated from pattern files. AB testing capabilities are included, and an API is offered for integration with platforms like Salesforce and Shopify. Operations focus primarily on apparel products to support virtual try-on experiences.
Who are the top competitors of Drapr?
What products or services does Drapr offer?
Drapr offers Drapr Widget.
Who are Drapr's investors?
Drapr has 2 investors. Key investors include Y Combinator, and Gap.
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