Drip Capital Overview
- Year Founded
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2014
- Status
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Private
- Employees
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325
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$113M
- Investors
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41
Drip Capital General Information
Description
Developer of an online trade financing platform designed to provide working capital finance to small and medium enterprises engaged in cross-border trade in emerging markets. The company's platform uses multiple data sources to underwrite transactions and provides businesses with timely and founder-friendly loans and lines of credit that stock up on inventory, enabling clients to receive collateral-free funds for their working capital easily.
Contact Information
Website
www.dripcapital.comCorporate Office
- 1885 El Camino Real
- Palo Alto, CA 94306
- United States
Corporate Office
- 1885 El Camino Real
- Palo Alto, CA 94306
- United States
Drip Capital Timeline
Drip Capital Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC | 05-Sep-2024 | $113M | Completed | Generating Revenue | ||
| 10. Secondary Transaction - Private | 24-Nov-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series C) | 05-Nov-2021 | Completed | Generating Revenue | |||
| 8. Debt - General | 28-Oct-2021 | Completed | Generating Revenue | |||
| 7. Debt - General | 25-Mar-2021 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 05-Nov-2019 | Completed | Generating Revenue | |||
| 5. Debt - General | Completed | Generating Revenue | ||||
| 4. Early Stage VC (Series A) | 04-Jul-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 20-Sep-2016 | $5M | $5.12M | Completed | Generating Revenue | |
| 2. Accelerator/Incubator | $120K | Completed | Generating Revenue |
Drip Capital Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Seed 5 | ||||||||
| Seed 4 | ||||||||
| Seed 3 | ||||||||
| Seed 2 | 74,314 | $0.000100 | $0.08 | $0.94 | $0.94 | 1x | $0.94 | 0.31% |
| Seed 1 | 3,092,872 | $0.000100 | $0.12 | $1.48 | $1.48 | 1x | $1.48 | 12.76% |
Drip Capital Comparisons
Industry
Financing
Details
Drip Capital Competitors (15)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lendingkart | Venture Capital-Backed | Ahmedabad, India | ||||
| Stenn Technologies | Venture Capital-Backed | London, United Kingdom | ||||
| TradePlus24 | Venture Capital-Backed | Zurich, Switzerland | ||||
| Stonebriar Commercial Finance | Formerly PE-Backed | Plano, TX | ||||
| J&D Financial | Corporation | Miami, FL |
Drip Capital Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Drip Capital Patents
Drip Capital Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-1498528-A | Sprayer | Inactive | 09-Aug-1928 |
Drip Capital Executive Team (4)
| Name | Title | Board Seat |
|---|---|---|
| Neil Kothari | Co-Founder & Co-Chief Executive Officer | |
| Pushkar Mukewar | Co-Founder, Chief Executive Officer and Board Member | |
| Shweta Madhusudan | Director, Human Resources | |
| Kowshik Bokka | Lead - Capital Markets |
Drip Capital Board Members (2)
| Name | Representing | Role | Since |
|---|---|---|---|
| Pushkar Mukewar | Drip Capital | Co-Founder, Chief Executive Officer and Board Member |
Drip Capital Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Drip Capital Investors (41)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| GMO Payment Gateway | Corporation | Minority | ||
| Sumitomo Mitsui Banking | Lender/Debt Provider | Minority | ||
| London Technology Club | Venture Capital | Minority | ||
| Sax Capital | Secondary Buyer | Minority | ||
| 2B Global Capital | Growth/Expansion | Minority |
Drip Capital FAQs
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When was Drip Capital founded?
Drip Capital was founded in 2014.
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Who is the founder of Drip Capital?
Neil Kothari and Pushkar Mukewar are the founders of Drip Capital.
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Who is the CEO of Drip Capital?
Neil Kothari and Pushkar Mukewar are the CEOs of Drip Capital.
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Where is Drip Capital headquartered?
Drip Capital is headquartered in Palo Alto, CA.
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What is the size of Drip Capital?
Drip Capital has 325 total employees.
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What industry is Drip Capital in?
Drip Capital’s primary industry is Specialized Finance.
-
Is Drip Capital a private or public company?
Drip Capital is a Private company.
-
What is Drip Capital’s current revenue?
The current revenue for Drip Capital is .
-
How much funding has Drip Capital raised over time?
Drip Capital has raised $428M.
-
Who are Drip Capital’s investors?
GMO Payment Gateway, Sumitomo Mitsui Banking, London Technology Club, Sax Capital, and 2B Global Capital are 5 of 41 investors who have invested in Drip Capital.
-
Who are Drip Capital’s competitors?
Lendingkart, Stenn Technologies, TradePlus24, Stonebriar Commercial Finance, and J&D Financial are some of the 15 competitors of Drip Capital.
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