Dropsource Overview

  • Founded
  • 2014
Founded
  • Status
  • Private
  • Employees
  • 4
Employees
  • Latest Deal Type
  • Series A1
  • Latest Deal Amount
  • $5.3M
Latest Deal Amount

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 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
www.dropsource.com
Formerly Known As
Queue Software
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
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
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
To view Dropsource’s complete cap table history, request access »

Dropsource Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a mobile application development platform designed to visually create data-driven and truly native iOS and
Software Development Applications
Raleigh, NC
4 As of 2022
000.00
00.00 0000-00-00
00000000000 000.00

00000000

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00000000 00000000000 000000000000
San Francisco, CA
00 As of 0000
000.00
0000 0000-00-00
00000000000 000.00
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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 00 000.00 00000000000 000.00
You’re viewing 1 of 1 competitors. Get the full list »

Dropsource Patents

  • 2

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 000

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

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 Abandoned 05-Jan-2015 00000000
US-20180267778-A1 System and method for graphical application development Abandoned 05-Jan-2015 00000000 00

Dropsource Executive Team (6)

Name Title Board Seat Contact Info
Nate Frechette Co-Founder & Chief Executive Officer
William Wilson III Chairman
You’re viewing 2 of 6 executive team members. Get the full list »

Dropsource Board Members (5)

Name Representing Role Since
Gregory Poole III Dropsource Board Member 000 0000
Mike Dunn Dropsource Board Member 000 0000
Robert Andrews III Self Board Member 000 0000
William Wilson III Dropsource Chairman 000 0000
You’re viewing 4 of 5 board members. Get the full list »

Dropsource Signals

Growth Rate

0.80% Weekly
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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