About Dropbox
Dropbox is a company based in San Francisco (United States) founded in 2007 by Anjali Shiyal.. Dropbox has raised $607.2 million across 12 funding rounds from investors including Goldman Sachs, Deutsche Bank and J P Morgan. The company has 2,200 employees as of December 31, 2024. Dropbox has completed 28 acquisitions, including Anchovi Labs, Audiogalaxy and Boxcryptor. Dropbox offers products and services including Dropbox, Replay, Backup, Reclaim.ai, and Dash. Dropbox operates in a competitive market with competitors including Box, WeTransfer, Proton, Egnyte and Crossbeam, among others.
- Headquarter San Francisco, United States
- Employees 2200 as on 31 Dec, 2024
- Founders Anjali Shiyal
- Stage Public
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Sectors
Technology
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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 Dropbox, Inc.
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Annual Revenue
$2.55 B1.86as on Dec 31, 2024
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Net Profit
$452.3 M-0.29as on Dec 31, 2024
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EBITDA
$623.4 M12.61as on Dec 31, 2024
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Total Equity Funding
$607.2 M (USD)
in 12 rounds
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Latest Funding Round
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Investors
Goldman Sachs
& 21 more
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Employee Count
2200
as on Dec 31, 2024
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Investments & Acquisitions
Anchovi Labs
& 27 more
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IPO & Listings of Dropbox
Dropbox is a publicly listed company on the NASDAQ with ticker symbol DBX in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Dropbox
Dropbox offers a comprehensive portfolio of products and services, including Dropbox, Replay, Backup, Reclaim.ai, and Dash. 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.
Platform for storing and sharing files across devices securely.
Tool for reviewing and approving videos faster in teams.
Service for automatic device backups and data recovery.
AI tool for scheduling habits, tasks, and meetings efficiently.
System for organizing and protecting company content with search.
Secure platform for sending and tracking document activity.
Tool for requesting and adding signatures to documents.
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Software Development Team
114 people
Product Management Team
53 people
Leadership Team
27 people
Human Resources and Administration
26 people
Senior Team
24 people
Data Analysis and Operations Team
23 people
Finance and Accounting
23 people
Legal and Compliance
22 people
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Funding Insights of Dropbox
Dropbox has successfully raised a total of $607.2M across 12 strategic funding rounds. 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 12
- Last Round Last Round
- First Round First Round
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Post-IPO - Dropbox | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Dropbox | Valuation |
investors |
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| May, 2018 | Amount | Post-IPO - Dropbox | 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 Dropbox
Dropbox has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Goldman Sachs, Deutsche Bank and J P Morgan. 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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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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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 Dropbox
Dropbox has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include Anchovi Labs, Audiogalaxy and Boxcryptor. 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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Real-time access control for company documents is provided.
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2021 | ||||
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Cloud-based document collaboration management software is provided.
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2019 | ||||
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Data security solutions with encryption are provided for enterprises.
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2018 |
| 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 - Dropbox
| 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 |
Dropbox Comparisons
Competitors of Dropbox
Dropbox 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 Box, WeTransfer, Proton, Egnyte and Crossbeam, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and file transfer application
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| domain | founded_year | HQ Location |
Encrypted digital services are provided by Proton for privacy-focused users.
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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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 Dropbox
Frequently Asked Questions about Dropbox
When was Dropbox founded?
Dropbox was founded in 2007.
Where is Dropbox located?
Dropbox is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Dropbox a funded company?
Dropbox is a funded company, having raised a total of $607.2M across 12 funding rounds to date.
How many employees does Dropbox have?
As of Dec 31, 2024, the latest employee count at Dropbox is 2,200.
What is the annual revenue of Dropbox?
Annual revenue of Dropbox is $2.55B as on Dec 31, 2024.
What does Dropbox do?
Dropbox was founded in 2007 and is headquartered in San Francisco, United States. Operations focus on the cloud storage and collaboration sector, where file hosting, synchronization, and security solutions are provided. Additional services encompass content management, PDF editing, compliance tracking, signature approvals, document scanning, video transcription, and API integrations. The platform operates on a subscription-based model to support enterprise needs across various geographies.
Who are the top competitors of Dropbox?
Dropbox's top competitors include Box, WeTransfer and Proton.
What products or services does Dropbox offer?
Dropbox offers Dropbox, Replay, Backup, Reclaim.ai, and 3 more products and services.
Is Dropbox publicly traded?
Yes, Dropbox is publicly traded on NASDAQ under the ticker symbol DBX.
How many acquisitions has Dropbox made?
Dropbox has made 28 acquisitions, including Anchovi Labs, Audiogalaxy, and Boxcryptor.
Who are Dropbox's investors?
Dropbox has 22 investors. Key investors include Goldman Sachs, Deutsche Bank, J P Morgan, Bank of America, and Morgan Stanley.
What is Dropbox's ticker symbol?
The ticker symbol of Dropbox is DBX on NASDAQ.
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