About Driift
Driift is a company based in London (United Kingdom) founded in 2020 by Brian Message and Ric Salmon. Driift has raised $4.56 million across 2 funding rounds from investors including Deezer. The company has 3 employees as of March 31, 2021. Driift has completed 1 acquisition, including Dreamstage. Driift operates in a competitive market with competitors including Seated, LIVE IT, Doors, 1iota Productions and FRONJI, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 31 Mar, 2021
- Founders Brian Message, Ric Salmon
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Sectors
TechnologyMedia & 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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- Legal Name Driift Live Ltd
- Date of Incorporation 15 Jun, 2020
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$606.38 K (USD)-82as on Dec 31, 2023
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Net Profit
-$1.71 M (USD)-85as on Dec 31, 2023
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EBITDA
-$1.71 M (USD)-85as on Dec 31, 2023
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Total Equity Funding
$4.56 M (USD)
in 2 rounds
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Latest Funding Round
$4.56 M (USD), Series A
Oct 05, 2022
- Investors
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Employee Count
3
as on Mar 31, 2021
- Investments & Acquisitions
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Funding Insights of Driift
Driift has successfully raised a total of $4.56M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.56 million completed in October 2022. 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 Driift
Driift has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Deezer.
| Investor | Description | Founded Year | Domain | Location |
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Online platform for on-demand music and radio streaming
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Investor details for Driift
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Investments & Acquisitions by Driift
Driift has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dreamstage.
Investment portfolio details for Driift
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Virtual concerts are streamed on an online platform for users.
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Locked | Locked | 2020 | Locked |
Complete acquisition details for Driift
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Financial Statements - Driift
Detailed financials for Driift
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Driift Comparisons
Peer comparison for Driift
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Competitors of Driift
Driift 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 Seated, LIVE IT, Doors, 1iota Productions and FRONJI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A platform for early ticket access to live events is offered.
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Cloud-based event ticketing software is provided for event management.
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Cloud based digital live streaming platform provider
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Offers ticketing, event management, and fan engagement for live entertainment.
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Provides video hosting, live streaming, and SMS campaigns for creators and businesses.
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Detailed competitors of Driift
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Latest news on Driift
Complete news archive for Driift
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Frequently Asked Questions about Driift
Driift was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Driift is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Ric Salmon is the current CEO of Driift. They have also founded this company.
Driift is a funded company, having raised a total of $4.56M across 2 funding rounds to date.
As of Mar 31, 2021, the latest employee count at Driift is 3.
Annual revenue of Driift is $606.38K as on Dec 31, 2023.
Driift was founded in 2020 in London, United Kingdom, as a provider of live streaming event ticketing solutions within the digital entertainment sector. Online live ticketed events are produced and promoted to enable artists to access worldwide audiences and create new revenue streams. Ticketed live stream shows are delivered through the platform, supporting operations in the virtual events industry.
Driift has made 1 acquisition, including Dreamstage.
Driift has 1 investor. Key investors include Deezer.