About Drip
Drip is a company based in Minneapolis (United States) founded in 2013 was acquired by Kickstarter in March 2016. It operates as a SaaS (Software-as-a-Service). Drip has raised $6 million across 2 funding rounds from investors including Kickstarter and Arthur Ventures. Drip has completed 1 acquisition, including Sleeknote. Drip offers products and services including Email Marketing Automation, Onsite Pop-ups, and Segmentation. Drip operates in a competitive market with competitors including Salesforce, HubSpot, SugarCRM, CallidusCloud and Freshworks, among others.
- Headquarter Minneapolis, United States
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Sectors
TechnologyRetail
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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 Drip Global, 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
$6 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Nov 03, 2014
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Investors
Kickstarter
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Kickstarter
(Mar 17, 2016)
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Products & Services of Drip
Drip offers a comprehensive portfolio of products and services, including Email Marketing Automation, Onsite Pop-ups, and Segmentation. 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.
Automated email strategies are provided for customer engagement.
Onsite pop-ups are designed to capture visitor attention.
Dynamic segmentation is offered for targeted email campaigns.
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Funding Insights of Drip
Drip has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in November 2014. 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 2
- Last Round Series A — $6.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Series A - Drip | Valuation |
investors |
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| Jun, 2013 | Amount | Seed - Drip | Valuation |
investors |
| 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 Drip
Drip has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Kickstarter and Arthur Ventures. 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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US focused seed & early stage VC firm
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Founded Year | Domain | Location | |
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Creative projects are crowdfunded via a cloud-based platform.
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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 Drip
Drip has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sleeknote. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud based lead generation solution provider
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Drip
| 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 |
Drip Comparisons
Competitors of Drip
Drip 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 Salesforce, HubSpot, SugarCRM, CallidusCloud and Freshworks, 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 |
Cloud-based CRM and collaboration solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
AI-based open-source CRM software is offered for customer lifecycle collaboration.
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| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Zeta Global is recognized as an AI-powered marketing cloud.
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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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Latest news on Drip
Frequently Asked Questions about Drip
When was Drip founded?
Drip was founded in 2013.
Where is Drip located?
Drip is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Drip a funded company?
Drip is a funded company, having raised a total of $6M across 2 funding rounds to date.
What does Drip do?
Email marketing automation solutions are offered by Drip to help businesses grow revenue through personalized and targeted email strategies. Services are tailored for sectors like ecommerce, events, and education, with tools for segmentation, onsite pop-ups, and multi-channel automation. Integration with platforms such as Shopify and WooCommerce is supported to enhance customer engagement and sales.
Who are the top competitors of Drip?
Drip's top competitors include HubSpot, Zeta Global and Salesforce.
What products or services does Drip offer?
Drip offers Email Marketing Automation, Onsite Pop-ups, and Segmentation.
How many acquisitions has Drip made?
Drip has made 1 acquisition, including Sleeknote.
Who are Drip's investors?
Drip has 2 investors. Key investors include Kickstarter, and Arthur Ventures.
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