Dropsource Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 4


  • Latest Deal Type
  • Series A1

  • Latest Deal Amount
  • $5.3M

Dropsource General Information


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 & 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
Application Software
Corporate Office
  • 414 Fayetteville Street
  • 4th Floor
  • Raleigh, NC 27601
  • United States
+1 (305) 000-0000

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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
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 0000-00-00
00000000000 000.00


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00000000 00000000000
San Francisco, CA
00 As of 0000
00000 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
Thunkable 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

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

Dropsource Executive Team (5)

Name Title Board Seat Contact Info
Nate Frechette Co-Founder & Chief Executive Officer
You’re viewing 1 of 5 executive team members. Get the full list »

Dropsource Board Members (5)

Name Representing Role Since
Gregory Poole III Dropsource Board Member 000 0000
Robert Andrews III Dropsource Board Member 000 0000
William Wilson III Self Chairman 000 0000
You’re viewing 3 of 5 board members. Get the full list »

Dropsource Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-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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Dropsource FAQs

  • When was Dropsource founded?

    Dropsource was founded in 2014.

  • Who is the founder of Dropsource?

    Nate Frechette, Paul Berg, and Aidan Cunniffe are the founders of Dropsource.

  • Who is the CEO of Dropsource?

    Nate Frechette is the CEO of Dropsource.

  • Where is Dropsource headquartered?

    Dropsource is headquartered in Raleigh, NC.

  • What is the size of Dropsource?

    Dropsource has 4 total employees.

  • What industry is Dropsource in?

    Dropsource’s primary industry is Software Development Applications.

  • Is Dropsource a private or public company?

    Dropsource is a Private company.

  • What is the current valuation of Dropsource?

    The current valuation of Dropsource is 000.00.

  • What is Dropsource’s current revenue?

    The current revenue for Dropsource is 000000.

  • How much funding has Dropsource raised over time?

    Dropsource has raised $10.1M.

  • Who are Dropsource’s competitors?

    Thunkable is a competitor of Dropsource.

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