Dropsource Overview

  • Founded
  • 2014
  • Status
  • Private
  • Employees
  • 6
  • Latest Deal Type
  • Series A1
  • Latest Deal Amount
  • $5.3M
Latest Deal Amount

Dropsource General Information


Developer of a mobile application development platform designed to visually create powerful, data-driven and truly native iOS and Android apps without writing any code. The company's platform eliminates the requirement for manual coding while 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

Formerly Known As
Queue Software
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Software Development Applications
Other Industries
Application Software
Primary Office
  • 414 Fayetteville Street
  • 4th floor
  • Raleigh, NC 27601
  • United States
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Dropsource Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series A1) 25-Sep-2017 $5.3M 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 31-Oct-2015 00.00 00.000 000.00 Completed Generating Revenue
1. Seed Round 01-Oct-2014 $1.65M $1.65M Completed Generating Revenue
To view Dropsource’s complete valuation and funding history, request access »

Dropsource Cap Table

Stock # of Shares
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A1 000,000 00.000000 00 000 000 00 000 00.000
Series A 000,000 00.000000 00 000 000 00 000 00.000
To view Dropsource’s complete cap table history, request access »

Dropsource Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Developer of a mobile application development platform designed to visually create powerful, data-driven and truly nativ
Software Development Applications
Raleigh, NC
6 As of 2020
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00000000000 000.00


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00000000 00000000000 000000000000
San Francisco, CA
00 As of 0000
0000000000 0 00.000
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Dropsource Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
000000000 Venture Capital-Backed San Francisco, CA 00 00.000 0000000000 0 00.000
To view Dropsource’s complete competitors history, request access »

Dropsource Executive Team (6)

Name Title Board Seat Contact Info
Nate Frechette Co-Founder & Chief Executive Officer
Will Bernholz Vice President, Marketing
William Wilson III Chairman
You’re viewing 3 of 6 executive team members. Get the full list »

Dropsource Board Members (4)

Name Representing Role Since
Gregory Poole III Dropsource Board Member 000 0000
Robert Andrews III Self Board Member 000 0000
William Wilson III Dropsource Chairman 000 0000
To view Dropsource’s complete board members history, request access »

Dropsource Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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