Idea Drop

London, United Kingdom Founded: 2014 • Age: 12 yrs Acquired By Wazoku
Cloud-based idea management platform for businesses.
Annual revenue - Latest available
Total funding $1.6M 3 rounds
Employees 11 Tracked headcount
Investors 38 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Idea Drop

Idea Drop is a company based in London (United Kingdom) founded in 2014 by Martin de Rusett and Robin Michael Hunnam was acquired by Wazoku in January 2023. Idea Drop has raised $1.59 million across 3 funding rounds from investors including Wazoku, Cubet and BMS PERFORMANCE. The company has 11 employees as of January 31, 2022. Idea Drop operates in a competitive market with competitors including Wazoku, Agorize, AEVO, Spigit and Iprova, among others.

  • Headquarter London, United Kingdom
  • Employees 11 as on 31 Jan, 2022
  • Founders Martin de Rusett, Robin Michael Hunnam
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ideadrop Limited
  • Date of Incorporation 07 Mar, 2014
  • Jurisdiction SEVENOAKS, KENT, ENGLAND
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.59 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.26 M (USD), Seed

    Jan 26, 2017

  • Investors
    Wazoku

    & 37 more

  • Employee Count
    11

    as on Jan 31, 2022

  • Acquired by
    Wazoku

    (Jan 24, 2023)

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Funding Insights of Idea Drop

Idea Drop has successfully raised a total of $1.59M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.26 million completed in January 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.

Investors in Idea Drop

Idea Drop has secured backing from 38 investors, including institutional and angel investors. Prominent investors backing the company include Wazoku, Cubet and BMS PERFORMANCE.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Provides recruitment services for sales, marketing, and engineering industries.
Locked Locked Locked
Delivers custom software development, AI, data solutions, and cloud consulting services to enterprises.
Locked Locked Locked

Paul Pascoe

-
Locked Locked Locked
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Investor details for Idea Drop

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Investments & Acquisitions by Idea Drop

Investments
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Investment portfolio details for Idea Drop

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Financial Statements - Idea Drop

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Detailed financials for Idea Drop

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Idea Drop Comparisons

Idea Drop Primary company
Description
Cloud-based idea management platform for businesses.
Location
London, United Kingdom
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
11
As of 2022
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Peer comparison for Idea Drop

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Competitors of Idea Drop

Idea Drop 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 Wazoku, Agorize, AEVO, Spigit and Iprova, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based idea management software is offered to organizations.
Locked Locked Locked
Cloud-based platform for managing innovation and ideas is provided.
Locked Locked Locked
Cloud-based innovation management software provider
Locked Locked Locked
Cloud-based platform for managing corporate idea lifecycles is utilized.
Locked Locked Locked
AI-based invention assistance platform
Locked Locked Locked
Collaboration software is offered for enterprise process optimization.
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Detailed competitors of Idea Drop

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Latest news on Idea Drop

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Complete news archive for Idea Drop

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Frequently Asked Questions about Idea Drop

Idea Drop was founded in 2014.

Idea Drop is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Idea Drop is a funded company, having raised a total of $1.59M across 3 funding rounds to date.

As of Jan 31, 2022, the latest employee count at Idea Drop is 11.

Idea Drop was founded in 2014 in London, United Kingdom, as a cloud-based platform in the idea management sector. Employees ideas and feedback are shared with teams, including an option for anonymity, while commercial or operational challenges are posted to broader groups with set deadlines and rewards. Exciting ideas are automatically sorted for managerial review and decision-making. Operations follow a two-tiered pricing model based on per-user monthly fees.

Idea Drop's top competitors include Wazoku, Agorize and Iprova.

Idea Drop has 38 investors. Key investors include Wazoku, Cubet, BMS PERFORMANCE, Paul Pascoe, and Adam Gilbert.

The valuation of Idea Drop is $6.84M as of Jan 2017.

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