About Drop
Drop is a company based in Montegranaro (Italy) founded in 1999 was acquired by Horsa in April 2023.. Drop offers products and services including Advisory Services, Development and Integration, and Adaptive Management. Drop operates in a competitive market with competitors including Oddity Tech, THREECOLTS, ChannelEngine, Volta and Workarea, among others.
- Headquarter Montegranaro, Italy
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Sectors
Retail
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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 Drop S.R.L.
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Products & Services of Drop
Drop offers a comprehensive portfolio of products and services, including Advisory Services, Development and Integration, and Adaptive Management. 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.
Provides guidance for e-commerce evolution and adaptability strategies.
Integrates ERP, CRM, and storefront solutions for eCommerce platforms.
Facilitates harmony and empathy in business strategies and growth.
Funding Insights of Drop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Drop
Drop has secured backing from 1 investor. Prominent investors backing the company include Horsa. 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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IT services are provided to midsize and large companies.
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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 Drop
| 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 |
Financial Statements - Drop
| 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 |
Drop Comparisons
Competitors of Drop
Drop 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 Oddity Tech, THREECOLTS, ChannelEngine, Volta and Workarea, 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 |
Wholesale distribution of beauty products is managed by Oddity Tech.
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| domain | founded_year | HQ Location |
Operation management software is provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Cloud-based solutions are provided for merchants to sell on marketplaces.
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| domain | founded_year | HQ Location |
Volta is focused on transforming B2B commerce through AI technology.
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| domain | founded_year | HQ Location |
Cloud-based software is utilized to build online stores for e-tailers.
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| domain | founded_year | HQ Location |
Suite solutions for online sellers are offered by Konigle.
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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 Drop
Frequently Asked Questions about Drop
When was Drop founded?
Drop was founded in 1999.
Where is Drop located?
Drop is headquartered in Montegranaro, Italy. It is registered at Montegranaro, Marche, Italy.
Who is the current CEO of Drop?
Alfredo Celiberti is the current CEO of Drop.
What does Drop do?
Founded in 1999 in Montegranaro, Italy, Drop operates in the e-commerce and retail technology sector. A cloud-based platform, Drop.BI, is integrated with systems like Magento and Shopify to gather real-time data from online and offline sources. Product catalogues are built from these insights, aiding market and competitor analysis for decision-making. Marketing automation tools are also supplied, alongside e-commerce management, analytics, and related services.
Who are the top competitors of Drop?
Drop's top competitors include Oddity Tech, ChannelEngine and THREECOLTS.
What products or services does Drop offer?
Drop offers Advisory Services, Development and Integration, and Adaptive Management.
Who are Drop's investors?
Drop has 1 investor. Key investors include Horsa.