DropLabs Overview

  • Founded
  • 2012
Founded
  • Status
  • Private
  • Employees
  • 29
Employees
  • Latest Deal Type
  • Debt - PPP
  • Investors
  • 1

DropLabs General Information

Description

Producer of audio enabled footwear products designed to enable the world to experience music, gaming, movies in 4D. The company's products work via Bluetooth, with an audio input converted into vibrations that stimulate nerve receptors in the users' feet - in sync with the sound in their ears, enabling users to experience music, movies, video games and VR in a whole new way.

Contact Information

Formerly Known As
SonicSensory
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Footwear
Other Industries
Internet Retail
Primary Office
  • 1163 Logan Street
  • Echo Park
  • Los Angeles, CA 90026
  • United States
+1 (646) 000-0000

DropLabs Timeline

2017201820192020
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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DropLabs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Debt - PPP 15-Apr-2020 000.00 Completed Generating Revenue
3. Early Stage VC (Series A1) 05-Dec-2016 0000 000.00 0000 Completed Generating Revenue
2. Early Stage VC (Series A) 25-Nov-2015 $6M $6.2M 0000 Completed Generating Revenue
1. Seed Round 30-Sep-2014 $200K $200K Completed Generating Revenue
To view DropLabs’s complete valuation and funding history, request access »

DropLabs Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-1 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Seed 2 45,917 $0.001000 6% $4.36 $4.36 1x $4.36 0.37%
Seed 250,000 $0.001000 6% $1 $1 1x $1 2.04%
To view DropLabs’s complete cap table history, request access »

DropLabs Executive Team (5)

Name Title Board Seat Contact Info
Susan Paley Co-Founder, Chief Executive Officer and Board Member
Christopher Long Co-Founder and Chief Financial Officer
Rich Keller Co-Founder
Brent Williams Vice President of Business Operations
To view DropLabs’s complete executive team members history, request access »

DropLabs Board Members (4)

Name Representing Role Since
Jonathan Callaghan True Ventures Board Member 000 0000
Ryan McIntyre Foundry Group Board Member 000 0000
Susan Paley DropLabs Co-Founder, Chief Executive Officer and Board Member 000 0000
To view DropLabs’s complete board members history, request access »

DropLabs 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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DropLabs Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Lemnos Venture Capital Minority 000 0000 000000 0
To view DropLabs’s complete investors history, request access »