DropLabs (Electronics (B2C)) Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 9

Employees

  • Latest Deal Type
  • Debt - PPP

  • Latest Deal Amount
  • $495K

  • Investors
  • 1

DropLabs (Electronics (B2C)) General Information

Description

Producer of audio-enabled footwear and other products intended to experience music, gaming, and movies in 4D. The company's products work via Bluetooth with an audio input converted into vibrations that stimulate nerve receptors in the feet in sync with the sound in the ear, enabling consumers to experience video games and virtual reality in a whole new way.

Contact Information

Formerly Known As
SonicSensory
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1161 Logan Street
  • Echo Park
  • Los Angeles, CA 90026
  • United States
+1 (646)
Primary Industry
Electronics (B2C)
Other Industries
Other Hardware
Footwear
Corporate Office
  • 1161 Logan Street
  • Echo Park
  • Los Angeles, CA 90026
  • United States
+1 (646)

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DropLabs (Electronics (B2C)) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Debt - PPP 15-Apr-2020 $495K Completed Generating Revenue
3. Early Stage VC (Series A1) 05-Dec-2016 Completed Generating Revenue
2. Early Stage VC (Series A) 25-Nov-2015 $6M $6.2M Completed Generating Revenue
1. Seed Round 30-Sep-2014 $200K $200K Completed Generating Revenue
To view DropLabs (Electronics (B2C))’s complete valuation and funding history, request access »

DropLabs (Electronics (B2C)) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-1
Series A
Seed 2 45,917 $0.001000 6% $4.36 $4.36 1x $4.36 0.58%
Seed 250,000 $0.001000 6% $1 $1 1x $1 3.16%
To view DropLabs (Electronics (B2C))’s complete cap table history, request access »

DropLabs (Electronics (B2C)) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Producer of audio-enabled footwear and other products intended to experience music, gaming, and movies in 4D. The compan
Electronics (B2C)
Los Angeles, CA
9 As of 2023

Kennesaw, GA
 

Los Angeles, CA
 
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DropLabs (Electronics (B2C)) Competitors (2)

One of DropLabs (Electronics (B2C))’s 2 competitors is Woojer, a Venture Capital-Backed company based in Kennesaw, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Woojer Venture Capital-Backed Kennesaw, GA
Subpac Venture Capital-Backed Los Angeles, CA
You’re viewing 2 of 2 competitors. Get the full list »

DropLabs (Electronics (B2C)) Patents

DropLabs (Electronics (B2C)) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220000213-A1 Footplate device for vibrating footwear Inactive 02-Jul-2020
US-D916882-S1 Display screen or portion thereof with animated graphical user interface Active 04-Nov-2019
US-D916881-S1 Display screen or portion thereof with animated graphical user interface Active 04-Nov-2019
US-D917555-S1 Display screen or portion thereof with animated graphical user interface Active 04-Nov-2019
US-D930470-S1 Container Active 01-Nov-2019
To view DropLabs (Electronics (B2C))’s complete patent history, request access »

DropLabs (Electronics (B2C)) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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DropLabs (Electronics (B2C)) Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Lemnos Venture Capital Minority
To view DropLabs (Electronics (B2C))’s complete investors history, request access »

DropLabs (Electronics (B2C)) FAQs

  • When was DropLabs (Electronics (B2C)) founded?

    DropLabs (Electronics (B2C)) was founded in 2012.

  • Where is DropLabs (Electronics (B2C)) headquartered?

    DropLabs (Electronics (B2C)) is headquartered in Los Angeles, CA.

  • What is the size of DropLabs (Electronics (B2C))?

    DropLabs (Electronics (B2C)) has 9 total employees.

  • What industry is DropLabs (Electronics (B2C)) in?

    DropLabs (Electronics (B2C))’s primary industry is Electronics (B2C).

  • Is DropLabs (Electronics (B2C)) a private or public company?

    DropLabs (Electronics (B2C)) is a Private company.

  • What is DropLabs (Electronics (B2C))’s current revenue?

    The current revenue for DropLabs (Electronics (B2C)) is .

  • How much funding has DropLabs (Electronics (B2C)) raised over time?

    DropLabs (Electronics (B2C)) has raised $18.2M.

  • Who are DropLabs (Electronics (B2C))’s investors?

    Lemnos has invested in DropLabs (Electronics (B2C)).

  • Who are DropLabs (Electronics (B2C))’s competitors?

    Woojer and Subpac are competitors of DropLabs (Electronics (B2C)).

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