About Drum
Drum is a company based in Atlanta (United States) founded in 2016 by Troy Deus. Drum has raised $11 million across 1 funding round from investors including Propel Venture Partners, Felicis Ventures and BlueRun Ventures. Drum operates in a competitive market with competitors including BNI, Extole, Firstup, Mention Me and Qmee, among others.
- Headquarter Atlanta, United States
- Founders Troy Deus
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Drum Technologies Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Seed
Sep 23, 2019
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Investors
Propel Venture Partners
& 7 more
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Employee Count
Not available
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People of Drum
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Funding Insights of Drum
Drum has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Seed round of $11 million completed in September 2019. 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 Drum
Drum has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Propel Venture Partners, Felicis Ventures and BlueRun Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funding is provided to firms across diverse sectors.
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Investments in technology startups are made by Felicis Ventures.
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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Investor details for Drum
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Investments & Acquisitions by Drum
Investment portfolio details for Drum
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Financial Statements - Drum
Detailed financials for Drum
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Drum Comparisons
Peer comparison for Drum
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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- Headcount comparison
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Competitors of Drum
Drum 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 BNI, Extole, Firstup, Mention Me and Qmee, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Referral marketing solutions are provided to businesses through networking platforms.
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B2C and P2P referral automation platform
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Cloud-based communication and employee experience management platform for enterprises
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Referral marketing solutions are delivered for eCommerce via word-of-mouth channels.
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App-based online platform offering rewards
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Advocate Marketing Solution
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Detailed competitors of Drum
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Drum
Complete news archive for Drum
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Frequently Asked Questions about Drum
Drum was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Drum is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Drum is a funded company, having raised a total of $11M across 1 funding round to date.
Drum was founded in 2016 in Atlanta, United States, within the mobile technology sector. A referral marketing platform is maintained, enabling users to promote brands and products for monetary rewards. Products and experiences are discovered through networks of participants known as Drummers. The application is distributed via Google Play Store and Apple App Store, supporting operations across mobile devices.
Drum has 8 investors. Key investors include Propel Venture Partners, Felicis Ventures, BlueRun Ventures, Grotech Ventures, and BoxGroup.