About Dropps
Dropps is a company based in Philadelphia (United States) founded in 2008.. Dropps has raised $20.4 million across 3 funding rounds from investors including The Craftory. Dropps offers products and services including Laundry Pods, Dishwasher Pods, UltraWash Plus, and 4-in-1 Plus Oxi. Dropps operates in a competitive market with competitors including Truman's and L'AVANT Collective, among others.
- Headquarter Philadelphia, United States
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Sectors
RetailConsumer
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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
$20.4 M (USD)
in 3 rounds
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Latest Funding Round
$3.47 M (USD), Series A
Mar 20, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of Dropps
Dropps offers a comprehensive portfolio of products and services, including Laundry Pods, Dishwasher Pods, UltraWash Plus, and 4-in-1 Plus Oxi. 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.
Biobased pods for effective laundry cleaning and stain removal.
Pods designed for sparkling dish cleaning and grease breakdown.
Advanced pods for tough food stains and dishwasher performance.
Laundry pods with odor defense and fiber protection for enhanced cleaning.
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Funding Insights of Dropps
Dropps has successfully raised a total of $20.4M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.47 million completed in March 2025. 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 3
- Last Round Series A — $3.5M
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First Round
First Round
(21 Dec 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Series A - Dropps | Valuation |
investors |
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| Feb, 2020 | Amount | Series A - Dropps | Valuation | The Craftory |
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| Dec, 2017 | Amount | Seed - Dropps | 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 |
Investors in Dropps
Dropps has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Craftory. 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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A global investor focused on consumer packaged goods brands.
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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 Dropps
| 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 - Dropps
| 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 |
Dropps Comparisons
Competitors of Dropps
Dropps 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 Truman's and L'AVANT Collective, 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 |
Brand of surface cleaners
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| domain | founded_year | HQ Location |
Natural home care products are offered online via subscription.
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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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Frequently Asked Questions about Dropps
When was Dropps founded?
Dropps was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is Dropps located?
Dropps is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Dropps?
Jonathan Propper is the current CEO of Dropps.
Is Dropps a funded company?
Dropps is a funded company, having raised a total of $20.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $935K, raised on Dec 21, 2017.
What does Dropps do?
Dropps was established in 2008 and is based in Philadelphia, United States. Laundry detergent and fabric softener pods are produced using a biodegradable, water-soluble polyvinyl alcohol film. Dish cleaning pods are also manufactured. Operations focus on direct-to-consumer sales via an online storefront, with primary distribution in the US market. The company operates within the household cleaning products sector.
Who are the top competitors of Dropps?
Dropps's top competitors include Truman's and L'AVANT Collective.
What products or services does Dropps offer?
Dropps offers Laundry Pods, Dishwasher Pods, UltraWash Plus, and 4-in-1 Plus Oxi.
Who are Dropps's investors?
Dropps has 1 investor. Key investors include The Craftory.