DropIn

Los Angeles, United States Founded: 2015 • Age: 11 yrs
Insurance claims are investigated using AI and live video assessments.

About DropIn

DropIn is a Financial Services company based in Los Angeles (United States) founded in 2015. It operates as an insurance claims are investigated using AI and live video assessments. DropIn has raised $1.96 million across 4 funding rounds. DropIn offers products and services including WoW Guides and Mythic Boost Service. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Investigation Solutions. Its competitors include Tractable, NGrain, MotionsCloud, Utilant and OnSource and 4 more; 5 of its 9 listed competitors have raised funding.

Company details

DropIn was founded in 2015 in Los Angeles, United States, and operates in the insurance sector. AI-based solutions for claims investigation are provided through a platform that hires an on-demand workforce. Claims are previewed or assessed via live video streams, with users entering location addresses on a desktop platform or mobile app. The service supports the insurance industrys needs for remote verification.

Key Metrics
  • Total Equity Funding
    $1.96M (USD)

    in 4 rounds

Products & Services of DropIn

DropIn offers a comprehensive portfolio of products and services, including WoW Guides and Mythic Boost Service.

WoW Guides
Gaming Content

Offers tips for World of Warcraft skills and strategies.

Mythic Boost Service
Skill Enhancement

Assists players in improving gameplay through dungeon challenges.

Funding Insights of DropIn

DropIn has successfully raised a total of $1.96M across 4 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 $1.96M
  • Total Rounds 4
  • First Round $200,000

    (May 2015)

All 4 funding rounds of DropIn with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2016–Debt – Conventional––
–
Mar 2016$750,000Seed––
–
Mar 2016$1.01MSeed––
–
May 2015$200,000Seed––
–

People of DropIn

2 people are tracked at DropIn (2 in leadership).

NameRoleGroup
Joseph Shemesh
CEOLeadership
Ian Wilson
Chief Operating OfficerLeadership
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Complete people profiles for DropIn

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Timeline of DropIn

3 dated milestones of DropIn across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded DropIn is founded.
  2. Funding First funding round of $200K.
  3. Funding Latest funding round, Debt – Conventional,.

Competitors of DropIn

DropIn has 9 listed competitors in our database, 5 of them funded. They include Tractable, NGrain, MotionsCloud, Utilant and OnSource, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tractable.ai2014London, United Kingdom$184.83M213
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
ngrain.com2000Vancouver, Canada$12.5M–
AI-powered damage assessment solutions for insurance claims are provided.
motionscloud.com2016Mannheim, Germany$2.04M–
AI-based solutions for insurance claims adjustment are provided.
utilant.com2005Buffalo, United States$7.5M99
Inspection management software is provided for insurance underwriting and risk.
onsourceonline.com2011Braintree, United States$2.25M–
Vehicle and property photo inspections via smart phone apps for claims handling
weproov.com2015Paris, France––
Vehicle inspection management solutions for the auto insurance industry
tarla.io2012Ankara, Turkey––
Farm planning software is delivered using predictive weather models.
imtisystemsdev.com1979New York, United States––
Provider of inspection and loss control software
linkinspectpro.com2015Bay Shore, United States––
Cloud-based inspection software for managing processes, tracking assets, and generating reports.
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Detailed competitors of DropIn

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Web traffic of DropIn

The website of DropIn (dropininc.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 20% vs previous month

Top companies in Insurance Technology & Support Services

10 companies that operate in the same segment as DropIn (Insurance Technology & Support Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 746.17 MUSD 216.04 M1,306
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 161.3 MUSD 369.88 M625
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United States–USD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M––
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M–699
Satellite-based imaging solutions are provided using synthetic aperture radar.
2016Palo Alto, California, United StatesUSD 233.99 M–191
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 M––
AI and microsatellite-based imaging solutions are developed for data monitoring.
2014Espoo, Uusimaa, FinlandUSD 1.25 BUSD 111.51 M1,156
Software suite for insurance distribution and management is provided.
2014New York, New York, United StatesUSD 354.55 MUSD 21.6 K649
AI-enabled driver monitoring and fleet safety management solutions
2015Palo Alto, California, United StatesUSD 215 M–109
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Related news about Dropin

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Frequently Asked Questions about DropIn

DropIn was founded in 2015.

DropIn is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

DropIn is a funded company, having raised a total of $1.96M across 4 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on May 2015.

DropIn was founded in 2015 in Los Angeles, United States, and operates in the insurance sector. AI-based solutions for claims investigation are provided through a platform that hires an on-demand workforce. Claims are previewed or assessed via live video streams, with users entering location addresses on a desktop platform or mobile app. The service supports the insurance industrys needs for remote verification.

DropIn's top competitors include Tractable, OnSource and NGrain.

DropIn offers WoW Guides and Mythic Boost Service.

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