About Dropless
Dropless is a company based in London (United Kingdom) founded in 2018 by Christian Duncan.. Dropless has raised $1.1 million across 1 funding round. The company has 105 employees as of January 31, 2022. Dropless offers products and services including Mobile Mechanics, Servicing and Repairs, and Diagnostics. Dropless operates in a competitive market with competitors including Fresh Car, GoWashMyCar, Motor Parts Direct, Car Shower and Washello, among others.
- Headquarter London, United Kingdom
- Employees 105 as on 31 Jan, 2022
- Founders Christian Duncan
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Phone
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Website
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Social
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- Legal Name Dropless Ltd
- Date of Incorporation 17 Oct, 2017
- Jurisdiction PLYMOUTH, DEVON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.1 M (USD)
in 1 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Nov 14, 2022
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Investors
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Employee Count
105
as on Jan 31, 2022
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Products & Services of Dropless
Dropless offers a comprehensive portfolio of products and services, including Mobile Mechanics, Servicing and Repairs, and Diagnostics. 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 vehicle diagnostics and repairs at customer locations.
Offers routine vehicle servicing and mechanical fixes on-site.
Conducts vehicle diagnostics to identify and resolve issues quickly.
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Funding Insights of Dropless
Dropless has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in November 2022. 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 Seed — $1.1M
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First Round
First Round
(14 Nov 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - Dropless | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Dropless
| 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 - Dropless
| 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 |
Dropless Comparisons
Competitors of Dropless
Dropless 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 Fresh Car, GoWashMyCar, Motor Parts Direct, Car Shower and Washello, 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 |
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| domain | founded_year | HQ Location |
Car care and maintenance services are delivered via mobile technicians.
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| domain | founded_year | HQ Location |
Operates an online marketplace for mobile car wash services.
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| domain | founded_year | HQ Location |
Car cleaning and maintenance services are provided to vehicle owners.
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| domain | founded_year | HQ Location |
Provides on-demand mobile car wash and valeting services for consumers in London.
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| domain | founded_year | HQ Location |
Provides mobile car washing, valeting, and detailing services directly to customers in London.
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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 Dropless
Frequently Asked Questions about Dropless
When was Dropless founded?
Dropless was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Dropless located?
Dropless is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Dropless?
Christian Duncan is the current CEO of Dropless. They have also founded this company.
Is Dropless a funded company?
Dropless is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Nov 14, 2022.
How many employees does Dropless have?
As of Jan 31, 2022, the latest employee count at Dropless is 105.
What does Dropless do?
Dropless was founded in 2018 as an on-demand car wash service operating in the eco-friendly mobility sector. Waterless washes are booked through an online portal and performed at customers locations in London, United Kingdom, targeting individuals and businesses. Eco-friendly solutions are utilized, with each wash conserving up to 100 liters of water. A partnership with WATERisLIFE is upheld, directing 10 of profits toward clean water access in deprived regions.
Who are the top competitors of Dropless?
Dropless's top competitors include Fresh Car, Motor Parts Direct and GoWashMyCar.
What products or services does Dropless offer?
Dropless offers Mobile Mechanics, Servicing and Repairs, and Diagnostics.