DripApp

London, United Kingdom Founded: 2014 • Age: 12 yrs Acquired By Swipii
Coffee takeaway is ordered via a mobile app platform.
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About DripApp

DripApp is a company based in London (United Kingdom) founded in 2014 was acquired by Swipii in December 2016.. DripApp has raised $152.85 thousand across 1 funding round from investors including Swipii. DripApp operates in a competitive market with competitors including EasyFood, GoGetters, Thai Leisure, Bigfoodie and Betherapp, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $152.85 K (USD)

    in 1 rounds

  • Latest Funding Round
    $152.85 K (USD), Angel Round

    Jun 01, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Swipii

    (Dec 02, 2016)

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Funding Insights of DripApp

DripApp has successfully raised a total of $152.85K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $152.85 thousand completed in June 2015. 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 Rounds 1
  • Last Round Angel Round — $152,850
  • First Round

    (01 Jun 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Angel Round - DripApp Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in DripApp

DripApp has secured backing from 1 investor. Prominent investors backing the company include Swipii. 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.

All
Investor Description Founded Year Domain Location
Mobile-based loyalty programs are provided for customers and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by DripApp

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - DripApp

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dripapp Comparisons

Employees
+
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Competitors of DripApp

DripApp 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 EasyFood, GoGetters, Thai Leisure, Bigfoodie and Betherapp, 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
Online platform for ordering and takeaway of foods
domain founded_year HQ Location
Platform to discover local takeaway restaurants
domain founded_year HQ Location
Offers authentic Thai street food and drinks through dine-in and delivery services.
domain founded_year HQ Location
Online takeaway ordering platform
domain founded_year HQ Location
Operates a digital platform for pre-ordering food at restaurants, enhancing customer convenience.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dripapp

Frequently Asked Questions about DripApp

When was DripApp founded?

DripApp was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is DripApp located?

DripApp is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is DripApp a funded company?

DripApp is a funded company, having raised a total of $152.85K across 1 funding round to date. The company's 1st funding round was a Angel Round of $152.85K, raised on Jun 01, 2015.

What does DripApp do?

DripApp was founded in 2014 in London, United Kingdom, as an app-based platform focused on the food and beverage sector. Coffee takeaway services are enabled through the mobile application, allowing users to place orders from participating locations. Operations are centered in the UK market, with the domain dripapp.co supporting digital access. The platform streamlines ordering processes for convenience in urban settings.

Who are the top competitors of DripApp?

DripApp's top competitors include EasyFood, GoGetters and Bigfoodie.

Who are DripApp's investors?

DripApp has 1 investor. Key investors include Swipii.

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