About DROPIT
DROPIT is a company based in Miami (United States) founded in 2015.. DROPIT has raised $5 million across 1 funding round. DROPIT offers products and services including Toto Slot and Togel. DROPIT operates in a competitive market with competitors including Blocksport, OneTwoSee, Sportswik, CrowdPlay and MyFavorito, among others.
- Headquarter Miami, United States
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Aug 15, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of DROPIT
DROPIT offers a comprehensive portfolio of products and services, including Toto Slot and Togel. 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 playing slot games with unrestricted daily withdrawals
Service for lottery gaming and easy cash access for users
Funding Insights of DROPIT
DROPIT has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in August 2017. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(15 Aug 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series A - DROPIT | Valuation |
investors |
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| 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 |
Investments & Acquisitions by DROPIT
| 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 - DROPIT
| 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 |
Dropit Comparisons
Competitors of DROPIT
DROPIT 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 Blocksport, OneTwoSee, Sportswik, CrowdPlay and MyFavorito, 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.
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| domain | founded_year | HQ Location |
White label social platforms are offered to sports clubs.
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Interactive TV technologies are developed for real-time fan engagement.
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Provider of a social networking platform for football teams
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Real-time fan engagement platform for sports properties is provided.
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| domain | founded_year | HQ Location |
Online platform for digital sports sponsoring, CRM, and fan engagement
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|---|---|---|---|---|
| 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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Frequently Asked Questions about DROPIT
When was DROPIT founded?
DROPIT was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is DROPIT located?
DROPIT is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Is DROPIT a funded company?
DROPIT is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Aug 15, 2017.
What does DROPIT do?
Provider of an online digital sports fan engagement platform. The company partners with professional sports teams, leagues, rights-holders, and broadcast platforms integrates fan engagement, entertainment and social rewards to deliver e-commerce sales.
Who are the top competitors of DROPIT?
DROPIT's top competitors include Blocksport, OneTwoSee and Sportswik.
What products or services does DROPIT offer?
DROPIT offers Toto Slot and Togel.