Drop Water Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 26

Employees

  • Latest Deal Type
  • Crowdfunding

  • Investors
  • 10

Drop Water General Information

Description

Developer of a bottling technology designed to solve the plastic waste problem associated with bottled water. The company's technology includes kiosks and fountains that provide people with the right drink either through filtered water machines or in a compostable and eventually edible packaging material at a more appealing price point, enabling customers to fill up their bottles or buy customizable drinks in a compostable container.

Contact Information

Website
www.dropwater.co
Formerly Known As
Bottle Tree Water
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 102 Cross Street
  • Suite 110
  • San Luis Obispo, CA 93401
  • United States
+1 (650)
Primary Industry
Other Commercial Products
Vertical(s)
CleanTech, LOHAS & Wellness
Corporate Office
  • 102 Cross Street
  • Suite 110
  • San Luis Obispo, CA 93401
  • United States
+1 (650)

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Drop Water Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Equity Crowdfunding 27-Aug-2025 Completed Generating Revenue
8. Later Stage VC (Series A) 14-Nov-2022 Completed Generating Revenue
7. Later Stage VC (Series A1) 09-Aug-2019 Completed Generating Revenue
6. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
5. Grant 24-Apr-2018 Completed Generating Revenue
4. Accelerator/Incubator 01-Feb-2018 Completed Generating Revenue
3. Seed Round 14-Apr-2016 Completed Generating Revenue
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
To view Drop Water’s complete valuation and funding history, request access »

Drop Water Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Series A 14,862,408 $0.000100 $0.06 $0.71 $0.71 1x $0.71 35%
Seed 10,060,701 $0.000100 $0.03 $0.33 $0.33 1x $0.33 23.69%
To view Drop Water’s complete cap table history, request access »

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Drop Water Patents

  • 16

    Total Documents Applications and Grants

  • Total Patents Families

  • 11

    Granted

  • Pending

  • Expiring in next 12 mo

Drop Water Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220288541-A1 Multi additive channel head Inactive 12-Mar-2021
WO-2017096339-A2 A compostable single-use beverage container and associated mechanism for sealing the container Inactive 03-Dec-2015
WO-2017096339-A3 A compostable single-use beverage container and associated mechanism for sealing the container Inactive 03-Dec-2015
JP-2021107258-A Compostable single-use beverage container and associated mechanism for sealing the container Active 03-Dec-2015
US-10829280-B2 Compostable single-use beverage container and associated mechanism for sealing the container Active 03-Dec-2015 B65D53/02
To view Drop Water’s complete patent history, request access »

Drop Water Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Drop Water Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Central Coast Ventures Venture Capital Minority
Culligan International PE-Backed Company Minority
Kern Venture Group Venture Capital Minority
Plug and Play Accelerator/Incubator
FedEx Small Business Grant Contest Other
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Drop Water FAQs

  • When was Drop Water founded?

    Drop Water was founded in 2013.

  • Where is Drop Water headquartered?

    Drop Water is headquartered in San Luis Obispo, CA.

  • What is the size of Drop Water?

    Drop Water has 26 total employees.

  • What industry is Drop Water in?

    Drop Water’s primary industry is Other Commercial Products.

  • Is Drop Water a private or public company?

    Drop Water is a Private company.

  • What is the current valuation of Drop Water?

    The current valuation of Drop Water is .

  • What is Drop Water’s current revenue?

    The current revenue for Drop Water is .

  • How much funding has Drop Water raised over time?

    Drop Water has raised $15.8M.

  • Who are Drop Water’s investors?

    Central Coast Ventures, Culligan International, Kern Venture Group, Plug and Play, and FedEx Small Business Grant Contest are 5 of 10 investors who have invested in Drop Water.

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