Dropsource Overview
- Founded
- 2014
- Status
- Private
- Employees
- 6
- Latest Deal Type
- Series A1
- Latest Deal Amount
- $5.3M
Dropsource General Information
Description
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
Website
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
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 |
Dropsource Cap Table
| Stock | # of Shares Authorized |
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 |
Dropsource Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
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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00.00
0000-00-00
00000000000
000.00
00000000
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00000000 00000000000 000000000000
San Francisco, CA
00
As of 0000
00.000
0000000000 0
00.000
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Request a free trialDropsource 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 |
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 |
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 |
Dropsource Signals
Growth Rate
0.80%
Weekly
Growth
Growth
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
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
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