About The Drop Technology
The Drop Technology is a Retail company based in London (United Kingdom) founded in 2016 by Stephen Stroud and Jonathan Kruger. Internet first brand of made measure apparel brand for men and women. The Drop Technology has raised $646.35 thousand across 2 funding rounds from investors including Founders Factory, Garage Soho and Paddy Byng. The company has 1 employees. Its chief executive, as recorded, is Jonathan Kruger. The Drop Technology offers products and services including Custom Suits, Jackets, Trousers, Chinos, and Shirts. Its focus areas include Consumer Goods, Apparel Brands, Customized and Casual Wear. Its legal entity is THE DROP TECHNOLOGY LTD. Its competitors include A Suit That Fits, Crombie and Richard James; 1 of its 3 listed competitors has raised funding.
Company details
The Drop Technology was founded in 2016 in London, United Kingdom. Operations are focused on the apparel sector, where made-to-measure suits for menincluding jackets, trousers, and waistcoatsare provided. Products are distributed via an online platform and company-owned stores, serving customers primarily in the UK market. The business model emphasizes direct-to-consumer sales in custom tailoring.
- Headquarters London, United Kingdom
- Employees 1
- Founders Stephen Stroud, Jonathan Kruger
- SectorsRetail
- Website thedrop.co
- Social LinkedIn X Facebook Instagram
- Legal Name The Drop Technology Ltd
- Date of Incorporation 08 Mar, 2017
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$646.35K (USD)
in 2 rounds
- InvestorsFounders Factory
& 2 more
- Employee Count1
Products & Services of The Drop Technology
The Drop Technology offers a comprehensive portfolio of products and services, including Custom Suits, Jackets, Trousers, Chinos, and Shirts.
Made-to-measure suits tailored to personal style and fit.
Custom jackets designed for precise measurements and comfort.
Tailored trousers made from high-quality fabrics for durability.
Custom chinos fitted to individual preferences and sizes.
Made-to-measure shirts with options for personalization.
Funding Insights of The Drop Technology
The Drop Technology has successfully raised a total of $646.35K across 2 strategic funding rounds. 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 $646,347
- Total Rounds 2
- First Round $646,347
(Nov 2018)
- Investors Count 3
All 2 funding rounds of The Drop Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2019 | Seed | – | Founders Factory | – | |
| Nov 2018 | $646,347 | Seed | – | The Garage Soho |
3 investors in total: 2 institutional and 1 angel.
Investors in The Drop Technology
The Drop Technology has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Founders Factory, Garage Soho and Paddy Byng.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup studio focused on fintech, telecoms, and multiple sectors | 2012 | foundersfactory.com | London, United Kingdom | |
Early stage investments are offered by Garage Soho. | thegaragesoho.london | London, United Kingdom | ||
PB Paddy Byng | unknown_4275587006524d94b |
Investor details for The Drop Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of The Drop Technology
3 people are tracked at The Drop Technology (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Stephen Stroud | Co-Founder & CTO | Leadership |
Jonathan Kruger | Co-Founder & CEO | Leadership |
Matt Falcinelli | CEO | Leadership |
Complete people profiles for The Drop Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of The Drop Technology
3 dated milestones of The Drop Technology across 3 years, from founding to its latest funding, stage changes and deals.
- Founded The Drop Technology is founded.
- Funding First funding round of $646K.
- Funding Latest funding round, Seed,.
Competitors of The Drop Technology
The Drop Technology has 3 listed competitors in our database, 1 of them funded. They include A Suit That Fits, Crombie and Richard James.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| asuitthatfits.com | 2006 | London, United Kingdom | $1.37M | Operates a direct-to-consumer brand for casual apparel for men and women. | ||
| crombie.co.uk | 1805 | Bradford, United Kingdom | Runs a direct-to-consumer brand offering luxury made-to-measure apparel for men. | |||
| richard-james.com | 1992 | London, United Kingdom | 24 | Internet first brand of luxury made to measure apparel for men |
Detailed competitors of The Drop Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of The Drop Technology
The website of The Drop Technology (thedrop.co) receives about 4.8K visits a month.
- Monthly visits4.8K
▲ 11% vs previous month
Websites whose visitors overlap most with The Drop Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
modshopping.com | modshopping.com | 100% | #3,216,000 | – | |
| marcdarcy.co.uk | 99% | 202.5K | #198,183 | View details | |
hockerty.uk | hockerty.uk | 97% | #204,986 | – | |
| clothes2order.com | 88% | #272,119 | View details | ||
| moss.co.uk | 88% | 1.8M | #30,938 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for The Drop Technology
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about The Drop Technology
The Drop Technology was founded in 2016 and raised its 1st funding round 2 years after it was founded.
The Drop Technology is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Jonathan Kruger is the CEO of The Drop Technology, as recorded in our data. They have also founded this company.
The Drop Technology is a funded company, having raised a total of $646.35K across 2 funding rounds to date. The company's 1st funding round was a Seed of $646.35K, raised on Nov 2018.
The Drop Technology has 1 employees.
The Drop Technology was founded in 2016 in London, United Kingdom. Operations are focused on the apparel sector, where made-to-measure suits for menincluding jackets, trousers, and waistcoatsare provided. Products are distributed via an online platform and company-owned stores, serving customers primarily in the UK market. The business model emphasizes direct-to-consumer sales in custom tailoring.
The Drop Technology's top competitors include Richard James, A Suit That Fits and Crombie.
The Drop Technology offers Custom Suits, Jackets, Trousers, Chinos, and Shirts.
The Drop Technology has 3 investors. Key investors include Founders Factory, Garage Soho, and Paddy Byng.
The Drop Technology operates through The Drop Technology Ltd.