Drop

company

About

Drop is a social commerce platform that allows brands to tap into their following, capture their audience and increase conversion.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$5.50M
Industries
Advertising,CRM,Digital Marketing,E-Commerce
Founded date
Mar 1, 2020
Number Of Employee
11 - 50
Operating Status
Active

Drop is a social commerce platform that allows brands & creators to engage with their Instagram following through direct messages (DMs) at scale. Before Drop, DMs were viewed as a medium which 1:1 communication was purely manual. Through automation, our platform is able to give brands & creators the ability to enhance organic and paid interactions with Instagram. This enables them to convert their Instagram following into one of their top acquisition channels for growth and customer feedback. Ultimately we strive to drive alignment among social, growth and e-commerce teams.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$5.50M
Drop has raised a total of $5.50M in funding over 2 rounds. Their latest funding was raised on Sep 26, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 26, 2022 Seed $5.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Drop is funded by 1 investors. Speedinvest are the most recent investors.
Investor Name Lead Investor Funding Round
Speedinvest Seed