About DRiP
DRiP is a company based in San Francisco (United States) founded in 2022 by Vibhu Norby. DRiP has raised $11 million across 2 funding rounds from investors including Coinbase, Anagram and Placeholder. DRiP has completed 1 acquisition, including Vault Music. DRiP operates in a competitive market with competitors including Yuga Labs, MakersPlace, LUDEX, Autograph and Irreverent Labs, among others.
- Headquarter San Francisco, United States
- Founders Vibhu Norby
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Sectors
TechnologyFinancial Services
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Phone
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Website
Locked
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Social
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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
$11 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Seed
Sep 09, 2024
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Investors
Coinbase
& 14 more
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Employee Count
Not available
- Investments & Acquisitions
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Funding Insights of DRiP
DRiP has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in September 2024. 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 DRiP
DRiP has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Coinbase, Anagram and Placeholder.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward social, gaming, entertainment, and social commerce.
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Alliance is recognized as a leading crypto startup accelerator.
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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Locked | Locked | Locked |
Investor details for DRiP
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Investments & Acquisitions by DRiP
DRiP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vault Music.
Investment portfolio details for DRiP
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Blockchain platform for fan engagement and artist connections is provided.
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Locked | Locked | 2021 | Locked |
Complete acquisition details for DRiP
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Financial Statements - DRiP
Detailed financials for DRiP
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- Profit trends
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Drip Comparisons
Peer comparison for DRiP
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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 Yuga Labs, MakersPlace, LUDEX, Autograph and Irreverent Labs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A marketplace for games, NFTs, and digital collectibles is operated.
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Digital art products are traded on an online marketplace platform.
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Alternative investment platform for digitalization of game cards
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Unique digital collections are created and traded using NFTs.
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Developer of blockchain-based NFT games
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Digital card collectibles are traded through an online NFT marketplace.
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Detailed competitors of DRiP
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Latest news on Drip
Complete news archive for DRiP
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Frequently Asked Questions about DRiP
DRiP was founded in 2022 and raised its 1st funding round 1 year after it was founded.
DRiP is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Vibhu Norby is the current CEO of DRiP. They have also founded this company.
DRiP is a funded company, having raised a total of $11M across 2 funding rounds to date.
DRiP was founded in 2022 in San Francisco, United States, as a platform in the NFT and digital art sector. Art-based collectibles are curated by artists, animators, NFT projects, games, and musicians. Users engage in buying, selling, or storing these NFTs through the Phantom mobile app. Operations focus on facilitating access to curated digital assets in the blockchain ecosystem.
DRiP's top competitors include Yuga Labs, MakersPlace and Art Blocks.
DRiP has made 1 acquisition, including Vault Music.
DRiP has 15 investors. Key investors include Coinbase, Anagram, Placeholder, Alameda Research, and Progression Fund.