Drift Technologies

Boston, United States Founded: 2015 • Age: 11 yrs Acquired By SalesLoft
AI-driven chatbots are deployed for business lead generation.
Annual revenue $1.9M Latest available
Total funding $107.0M 3 rounds
Employees 453 Tracked headcount
Investors 8 Known backers
Products 7 Services tracked
Competitors 10 Brand Intelligence

About Drift Technologies

Drift Technologies is a company based in Boston (United States) founded in 2015 by Elias Torres was acquired by SalesLoft in February 2024. Drift Technologies has raised $107 million across 3 funding rounds from investors including HubSpot, SalesLoft and Sequoia Capital. The company has 453 employees as of December 31, 2022. Drift Technologies has completed 4 acquisitions, including Fetchnotes, Giant Otter Technologies and HYFY. Drift Technologies offers products and services including Cadence, Rhythm, Conversations, Drift, and Deals. Drift Technologies operates in a competitive market with competitors including SurveyMonkey, Qualtrics, Gupshup, LivePerson and Drift, among others.

  • Headquarter Boston, United States
  • Employees 453 as on 31 Dec, 2022
  • Founders Elias Torres
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.87 M (USD)
    -15
    as on Dec 31, 2019
  • Net Profit
    -$269.65 K (USD)
    -12
    as on Dec 31, 2019
  • EBITDA
    Not available
  • Total Equity Funding
    $107 M (USD)

    in 3 rounds

  • Latest Funding Round
    $60 M (USD), Series C

    Apr 17, 2018

  • Investors
    HubSpot

    & 7 more

  • Employee Count
    453

    as on Dec 31, 2022

  • Investments & Acquisitions
    Fetchnotes

    & 3 more

  • Acquired by
    SalesLoft

    & 1 more

    (Feb 13, 2024)

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Products & Services of Drift Technologies

Drift Technologies offers a comprehensive portfolio of products and services, including Cadence, Rhythm, Conversations, Drift, and Deals.

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Primary

Tool for building and nurturing sales pipelines efficiently.

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Platform for taking data-driven actions in sales processes.

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System for gaining insights on buyers and sellers.

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Tool for engaging website visitors and managing interactions.

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Software for managing and closing sales opportunities.

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Platform to turn sales data into actionable insights.

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Tool for confidently predicting sales numbers.

People of Drift Technologies

Headcount 500-1000
Employee Profiles 154
Board Members and Advisors 4
Employee Profiles
People
Nashaly Ramirez Rivas
Customer Support Agent | Drift & Salesloft (unified Platform)
People
Mark Niemiec
CRO
People
Patrick Nichols
Interim Chief Executive Officer
People
Chris Turner
Director, Partner Sales

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Board Members and Advisors
people
Jason Green
Director
people
Jeff Horing
Director
people
David Cummings
Investor, Co-founder, Board Member

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Funding Insights of Drift Technologies

Drift Technologies has successfully raised a total of $107M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in April 2018. 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.

Investors in Drift Technologies

Drift Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include HubSpot, SalesLoft and Sequoia Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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CRV is recognized as a venture capital firm investing in technology startups.
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Investor details for Drift Technologies

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Drift Technologies

Drift Technologies has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fetchnotes, Giant Otter Technologies and HYFY.

Investments
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Investment portfolio details for Drift Technologies

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Personalized video clips are delivered to customers via email integrations.
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Automated replies in email marketing campaigns are managed by Siftrock.
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Artificial intelligence for real conversation
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Complete acquisition details for Drift Technologies

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Financial Statements - Drift Technologies

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Detailed financials for Drift Technologies

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Drift Technologies Comparisons

Drift Technologies Primary company
Description
AI-driven chatbots are deployed for business lead generation...
Location
Boston, United States
Founded Year
2015
Annual Revenue
$1.87 M (USD)
Net Profit
-$269.65 K (USD)
EBITDA
Not available
Employees
453
As of 2022
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Peer comparison for Drift Technologies

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Competitors of Drift Technologies

Drift Technologies 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 SurveyMonkey, Qualtrics, Gupshup, LivePerson and Drift, among others.

Company Name Domain Founded year HQ Location Description
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A cloud-based platform is utilized for creating customizable surveys.
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Surveys are created and feedback is collected through the platform.
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Tools for customer engagement across multiple channels are provided.
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Conversational AI platform is provided for digital customer experiences.
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Solutions for energy trading and tracking are provided by Drift.
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AI-powered platforms and services for customer experience management are provided.
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Detailed competitors of Drift Technologies

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Latest news on Drift Technologies

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Complete news archive for Drift Technologies

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Frequently Asked Questions about Drift Technologies

Drift Technologies was founded in 2015.

Drift Technologies is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Scott Ernst is the current CEO of Drift Technologies.

Drift Technologies is a funded company, having raised a total of $107M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Drift Technologies is 453.

Annual revenue of Drift Technologies is $1.87M as on Dec 31, 2019.

Founded in 2015 and based in Boston, United States, Drift Technologies operates in the AI and cloud computing sector. Lead generation chatbots are offered to businesses, enabling customer segmentation and tracking based on intent and behavior. Tools for multi-channel engagement are provided, along with analytics for customer interactions. Live engagement with customers and prospects occurs on websites and within web applications.

Drift Technologies's top competitors include SurveyMonkey, Qualtrics and LivePerson.

Drift Technologies offers Cadence, Rhythm, Conversations, Drift, and 3 more products and services.

Drift Technologies has made 4 acquisitions, including Fetchnotes, Giant Otter Technologies, and HYFY.

Drift Technologies has 8 investors. Key investors include HubSpot, SalesLoft, Sequoia Capital, General Catalyst, and CRV.

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