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Dropsource

Dropsource
2014 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Series A1 LATEST DEAL TYPE
$5.3M LATEST DEAL AMOUNT
Description

Provider of a mobile app development platform designed to visually create powerful, data-driven and truly native iOS and Android apps without writing any code. The company's application development 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.

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 and 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 Startup
1. Seed Round 01-Oct-2014 $1.65M $1.65M Completed Startup
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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
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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 0000000000 0 00.000
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Dropsource Executive Team (6)

Name Title Board
Seat
Contact
Info
Ben Saren Chief Executive Officer
Nate Frechette Co-Founder & Chief Technology Officer
Paul Berg Co-Founder & Chief Product Officer
Will Bernholz Vice President, Marketing
William Wilson III Chairman

1 Former Executive

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Dropsource Board Members (4)

Name Representing Role Since Contact
Info
Gregory Poole III Dropsource Board Member 000 0000
Robert Andrews III Self Board Member 000 0000
William Wilson III Dropsource Chairman 000 0000

1 Former Board Member

You’re viewing 3 of 4 board members. Get the full list »