About Drift
Drift is a company based in Seattle (United States) founded in 2015 by Ed McKenzie. It operates as a Green Energy-as-a-Service. Drift has raised $7 million across 1 funding round from investors including Lerer Hippeau, IA Ventures and First Round Capital. The company has 3 employees as of December 31, 2020. Drift offers products and services including Green Energy Solutions. Drift operates in a competitive market with competitors including LO3 Energy, Skystream Markets, Exnaton, Enermetrix and Bovlabs, among others.
- Headquarter Seattle, United States
- Employees 3 as on 31 Dec, 2020
- Founders Ed McKenzie
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Drift Marketplace, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Oct 23, 2017
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Investors
Lerer Hippeau
& 4 more
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Employee Count
3
as on Dec 31, 2020
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Products & Services of Drift
Drift offers a comprehensive portfolio of products and services, including Green Energy Solutions.
Green energy is provided for businesses continuously.
Funding Insights of Drift
Drift has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in October 2017. 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
Drift has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Lerer Hippeau, IA Ventures and First Round Capital.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
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US focused seed and early-stage VC firm
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USA focused VC firm investing in seed and early stage startups
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Investor details for Drift
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Investments & Acquisitions by Drift
Investment portfolio details for Drift
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Financial Statements - Drift
Detailed financials for Drift
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Drift Comparisons
Peer comparison for Drift
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- Named peers
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Competitors of Drift
Drift 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 LO3 Energy, Skystream Markets, Exnaton, Enermetrix and Bovlabs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain solutions are provided for peer-to-peer energy trading in microgrids.
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Online energy commodity exchange solutions are provided to market participants.
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AI SaaS platform for energy providers managing dynamic tariffs and EV charging.
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Energy software is developed and retail energy exchange is operated.
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Offers peer-to-peer exchange of renewable power
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Detailed competitors of Drift
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Drift
Complete news archive for Drift
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Frequently Asked Questions about Drift
Drift was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Drift is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Drift is a funded company, having raised a total of $7M across 1 funding round to date.
As of Dec 31, 2020, the latest employee count at Drift is 3.
Drift is dedicated to supplying 100 green energy to businesses and suppliers around the clock. Operations are centered in the energy sector, with a strong emphasis on renewable and sustainable power solutions. Services are designed to support companies in achieving full green energy usage, regardless of external conditions. Partnerships are formed with energy suppliers to ensure consistent delivery of environmentally friendly power. The influence of Drift is noted in rapidly changing US power markets as a potential disruptive technology.
Drift's top competitors include LO3 Energy, Jasmine and Skystream Markets.
Drift offers Green Energy Solutions.
Drift has 5 investors. Key investors include Lerer Hippeau, IA Ventures, First Round Capital, Liquid 2 Ventures, and M Ventures.