Dropsource Overview
- Year Founded
-
2014
- Status
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Out of Business
- Employees
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4
- Latest Deal Type
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Out of Business
Dropsource General Information
Description
Developer of a mobile application development platform designed to visually create data-driven and truly native iOS and Android apps without writing any code. The company's platform eliminates the requirement for manual coding through a drag-and-drop development environment whilst still providing access to lean and editable native source code, enabling individuals and businesses to reduce time-to-market in launching applications and software.
Contact Information
Website
www.dropsource.comCorporate Office
- 414 Fayetteville Street
- 4th Floor
- Raleigh, NC 27601
- United States
Corporate Office
- 414 Fayetteville Street
- 4th Floor
- Raleigh, NC 27601
- United States
Dropsource Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Out of Business | 15-Feb-2025 | Completed | Out of Business | |||
| 3. Early Stage VC (Series A1) | 25-Sep-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 31-Oct-2015 | $3.1M | $4.75M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Oct-2014 | $1.65M | $1.65M | Completed | Generating Revenue |
Dropsource Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | ||||||||
| Series A |
Dropsource Comparisons
Industry
Financing
Details
Dropsource Competitors (1)
One of Dropsource’s competitors is Thunkable, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Thunkable | Venture Capital-Backed | San Francisco, CA |
Dropsource Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Dropsource Patents
Dropsource Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20160196117-A1 | System and method for graphical application development | Inactive | 05-Jan-2015 | ||
| US-20180267778-A1 | System and method for graphical application development | Inactive | 05-Jan-2015 |
Dropsource Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Dropsource FAQs
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When was Dropsource founded?
Dropsource was founded in 2014.
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Where is Dropsource headquartered?
Dropsource is headquartered in Raleigh, NC.
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What is the size of Dropsource?
Dropsource has 4 total employees.
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What industry is Dropsource in?
Dropsource’s primary industry is Software Development Applications.
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Is Dropsource a private or public company?
Dropsource is a Private company.
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What is Dropsource’s current revenue?
The current revenue for Dropsource is .
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How much funding has Dropsource raised over time?
Dropsource has raised $10.1M.
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Who are Dropsource’s competitors?
Thunkable is a competitor of Dropsource.
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