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Drift

Drift
2014 FOUNDED
PRIVATE STATUS
201-300 EMPLOYEES
Series C LATEST DEAL TYPE
$60M LATEST DEAL AMOUNT
15 INVESTORS
Description

Developer of a conversational marketing and sales platform intended to turn website traffic into qualified sales meetings. The company's platform connects businesses with the website visitors in real-time using bots and artificial intelligence, obtaining real-time customer feedback through live chat sessions, enabling businesses to generate more qualified leads, dramatically accelerate the sales cycle and provide a modern buying experience for potential customers.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Primary Office
  • 222 Berkeley Street
  • Floor 6
  • Boston, MA 02116
  • United States

+1 (855) 000-0000
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Drift Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series C) 17-Apr-2018 $60M 00000 00000 Completed Generating Revenue
2. Early Stage VC (Series B) 26-Sep-2017 0000 0000 00000 Completed Generating Revenue
1. Early Stage VC (Series A) 13-Jan-2015 $15M $15M 000.00 Completed Startup
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Drift Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A 17,127,095 $0.000010 $0.87 $0.87 1x $0.87 20.34%
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Drift Competitors (63)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SalesLoft Venture Capital-Backed Atlanta, GA 000 00000 00000000000 00000
0000000 Venture Capital-Backed Boston, MA 000 0000 00000000000 0000
0000000000 Venture Capital-Backed Singapore, Singapore 0 00.000 00000000000 00.000
0000000000 Venture Capital-Backed San Francisco, CA 000 00000 00000000000 00000
00 0000000 Corporation Rotterdam, Netherlands 0
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Drift Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 000000 16-Oct-2018 000000000000000000 Communication Software
00000000 04-Sep-2018 000000000000000000 Other Software 00000 000000
Fetchnotes 13-Apr-2015 Merger/Acquisition Application Software 00000 000000
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Drift Subsidiaries (3)

Company Name Industry Location Founded
Siftrock Other Software Seattle, WA 2014
00000 00000 000000 Communication Software Somerville, MA 0000
0000000000 Application Software Kentwood, MI 0000
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Drift Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
HubSpot Corporation Minority 000 0000 000000 0
Sequoia Capital Venture Capital Minority 000 0000 000000 0
Brian Shin Angel (individual) Minority 000 0000 000000 0
CRV Venture Capital Minority 000 0000 000000 0
Dharmesh Shah Angel (individual) Minority 000 0000 000000 0
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Drift Executive Team (15)

Name Title Board
Seat
Contact
Info
David Cancel Co-Founder & Chief Executive Officer
Elias Torres Co-Founder & Chief Technology Officer
Daniel Murphy Director of Product Marketing
Alex Lemieux Executive
Pablo Fernandez Frontend Engineer

3 Former Executives

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