About DropStat
DropStat is a company based in Beverly Hills (United States) founded in 2017 by Tara Vafaeenia and Sara Well. DropStat has raised $6.84 million across 4 funding rounds from investors including Panoramic Ventures. DropStat offers products and services including Smart Scheduling, Gap Shift Management, Automated Decision Support, and Integrated Rewards. DropStat operates in a competitive market with competitors including OnShift, Navenio, Laudio, ShiftHound and CalmWave, among others.
- Headquarter Beverly Hills, United States
- Founders Tara Vafaeenia, Sara Well
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$6.84 M (USD)
in 4 rounds
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Latest Funding Round
$1.34 M (USD), Seed
Oct 30, 2023
- Investors
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Employee Count
Not available
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Products & Services of DropStat
DropStat offers a comprehensive portfolio of products and services, including Smart Scheduling, Gap Shift Management, Automated Decision Support, and Integrated Rewards.
Automates shift posting based on staffing needs.
Communicates unfilled shifts to qualified staff.
Approves staff based on safety and efficiency.
Offers on-platform rewards to boost retention.
People of DropStat
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Operations Team
1 people
Leadership Team
1 people
Sales and Marketing
1 people
Senior Team
1 people
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Funding Insights of DropStat
DropStat has successfully raised a total of $6.84M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.34 million completed in October 2023. 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.
Investors in DropStat
DropStat has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Panoramic Ventures.
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Investor details for DropStat
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Investments & Acquisitions by DropStat
Investment portfolio details for DropStat
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Financial Statements - DropStat
Detailed financials for DropStat
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Dropstat Comparisons
Peer comparison for DropStat
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Competitors of DropStat
DropStat 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 OnShift, Navenio, Laudio, ShiftHound and CalmWave, among others.
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Staff scheduling software for healthcare facilities is developed and provided.
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Sensor-based location monitoring systems are provided for healthcare workforce.
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Staff management platform for hospital scheduling is provided.
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Offers SaaS-based software for efficient workforce scheduling.
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Provider of AI-based platform to remediate alarms and improve staff retention
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Detailed competitors of DropStat
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Latest news on Dropstat
Complete news archive for DropStat
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Frequently Asked Questions about DropStat
DropStat was founded in 2017 and raised its 1st funding round 3 years after it was founded.
DropStat is headquartered in Beverly Hills, United States. It is registered at Beverly Hills, California, United States.
Sara Well is the current CEO of DropStat. They have also founded this company.
DropStat is a funded company, having raised a total of $6.84M across 4 funding rounds to date.
DropStat was founded in 2017 and is based in Beverly Hills, United States. Software for staff scheduling and communication is offered to healthcare organizations, particularly hospitals. Workflow management is supported through a system that handles staffing operations. Information on urgent shifts requiring coverage is delivered to address organizational needs in the healthcare sector.
DropStat offers Smart Scheduling, Gap Shift Management, Automated Decision Support, and Integrated Rewards.
DropStat has 1 investor. Key investors include Panoramic Ventures.