General Information
Company Name
Drop
Founded Year
2015
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
51-200
Industries
E-Commerce, Mobile, Social Media +2
Funding Stage
Series Unknown
Social Media

Drop - Company Profile

Drop is a Toronto-based startup, founded in 2015, with a mission to enhance consumer lives through a personalized commerce platform. The company seamlessly connects its 4 million+ members with over 400 partner brands, utilizing machine learning to enable them to earn points and redeem instant rewards. Recently, Drop has expanded its operations into the UK, showcasing its global ambition. The company operates in the E-Commerce, Mobile, Social Media, Marketing, CRM, and Sales industries. In its latest funding round in April 2021, Drop secured investment from Hyphen Capital, Tom Williams, and Bossanova Investimentos. This investment reflects the confidence of notable investors in the potential of Drop's model and its ability to drive consumer engagement.

Funding Rounds & Investors of Drop (5)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 3 Tom Williams, Bossanova Investimentos 01 Apr 2021
Series B $34.30M 7 07 Mar 2019
Series A $16.80M - 31 Jan 2018
Seed Round $4.30M - 28 Feb 2017
Seed Round $770.00K - 04 Nov 2015

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