About The Drop Technology
The Drop Technology is a company based in London (United Kingdom) founded in 2016 by Stephen Stroud and Jonathan Kruger. 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 as of March 31, 2022. The Drop Technology offers products and services including Custom Suits, Jackets, Trousers, Chinos, and Shirts. The Drop Technology operates in a competitive market with competitors including A Suit That Fits, Crombie, Richard James, Tom Sawyer Waistcoats and TShirt Studio, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 31 Mar, 2022
- Founders Stephen Stroud, Jonathan Kruger
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Sectors
Retail
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name The Drop Technology Ltd
- Date of Incorporation 08 Mar, 2017
- Jurisdiction LONDON, ENGLAND
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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
$646.35 K (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Founders Factory
& 2 more
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Employee Count
1
as on Mar 31, 2022
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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.
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 |
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Startup studio focused on fintech, telecoms, and multiple sectors
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Early stage investments are offered by Garage Soho.
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PB
Paddy Byng |
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Investor details for The Drop Technology
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Investments & Acquisitions by The Drop Technology
Investment portfolio details for The Drop Technology
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Financial Statements - The Drop Technology
Detailed financials for The Drop Technology
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The Drop Technology Comparisons
Peer comparison for The Drop Technology
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Competitors of The Drop Technology
The Drop Technology 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 A Suit That Fits, Crombie, Richard James, Tom Sawyer Waistcoats and TShirt Studio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates a direct-to-consumer brand for casual apparel for men and women.
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Runs a direct-to-consumer brand offering luxury made-to-measure apparel for men.
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Internet first brand of luxury made to measure apparel for men
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Operates a direct-to-consumer brand specializing in made-to-measure apparel for men and women.
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Provides custom design and printing services for apparel and gifts worldwide.
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Detailed competitors of The Drop Technology
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Latest news on The Drop Technology
Complete news archive for The Drop Technology
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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 current CEO of The Drop Technology. 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.
As of Mar 31, 2022, the latest employee count at The Drop Technology is 1.
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.