About Sundrop Mobile
Sundrop Mobile is a company based in Maitland (United States) founded in 2010 was acquired by FIS in May 2012.. Sundrop Mobile has raised $1.4 million across 2 funding rounds from investors including FIS and Vocap Ventures. Sundrop Mobile offers products and services including Reward Card Wallet, Wait List Pager, and Dating Apps. Sundrop Mobile operates in a competitive market with competitors including Thanx, 360insights, Shopkick, AppCard and PDI Technologies, among others.
- Headquarter Maitland, United States
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Sectors
RetailTechnology
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Phone
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Website
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Social
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Products & Services of Sundrop Mobile
Sundrop Mobile offers a comprehensive portfolio of products and services, including Reward Card Wallet, Wait List Pager, and Dating Apps. 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.
Digital app for storing and accessing customer reward cards easily.
iPad app for managing wait times via SMS notifications.
Apps offering alternatives to Tinder for casual or serious connections.
Funding Insights of Sundrop Mobile
Sundrop Mobile has successfully raised a total of $1.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $900 thousand completed in May 2011. 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 2
- Last Round Seed — $900,000
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First Round
First Round
(30 Aug 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2011 | Amount | Seed - Sundrop Mobile | Valuation | Vocap Ventures |
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| Aug, 2010 | Amount | Seed - Sundrop Mobile | Valuation |
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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 |
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Investors in Sundrop Mobile
Sundrop Mobile has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include FIS and Vocap Ventures. 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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Software suites for banks and financial institutions are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Sundrop Mobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sundrop Mobile
| 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 |
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Sundrop Mobile Comparisons
Competitors of Sundrop Mobile
Sundrop Mobile 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 Thanx, 360insights, Shopkick, AppCard and PDI Technologies, 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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Loyalty management solutions are provided for offline retail stores.
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SaaS platform for channel loyalty and incentive management is provided.
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Hyperlocal mobile-app platform offering rewards and shopping assistance to consumers
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Loyalty program platform
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Analytics software solutions are provided to brands and retailers.
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White-label platform for gamified loyalty programs is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sundrop Mobile
When was Sundrop Mobile founded?
Sundrop Mobile was founded in 2010.
Where is Sundrop Mobile located?
Sundrop Mobile is headquartered in Maitland, United States. It is registered at Maitland, Florida, United States.
Is Sundrop Mobile a funded company?
Sundrop Mobile is a funded company, having raised a total of $1.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 30, 2010.
What does Sundrop Mobile do?
Founded in 2010 and based in Maitland, United States, Sundrop Mobile operates in the mobile technology sector. An automated, card-less loyalty program called LoyalTXT is offered, utilizing the retailers customer number as the loyalty identifier. Text messaging and email are employed for data collection and communication, with integrations for social media and location-based services to support reward management.
Who are the top competitors of Sundrop Mobile?
Sundrop Mobile's top competitors include Thanx, Offerista and PDI Technologies.
What products or services does Sundrop Mobile offer?
Sundrop Mobile offers Reward Card Wallet, Wait List Pager, and Dating Apps.
Who are Sundrop Mobile's investors?
Sundrop Mobile has 2 investors. Key investors include FIS, and Vocap Ventures.
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