Drop (Services (B2C Non-Financial)) Overview
- Status
-
Private
- Employees
-
137
- Latest Deal Type
-
2ndary - Private
- Investors
-
28
Drop (Services (B2C Non-Financial)) General Information
Description
Developer of a rewards application designed to help users to earn points when they shop. The company's application offers a personalized loyalty program that helps users to find deals at the places they prefer and automatically get rewarded, enabling users to link their debit and credit cards to automatically redeem points.
Contact Information
Website
www.joindrop.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Information Services (B2C)
Application Software
Primary Office
- 120 Front Street East
- Suite 200
- Toronto, Ontario M5A 4L9
- Canada
+1 (416) 000-0000
Drop (Services (B2C Non-Financial)) Timeline
Drop (Services (B2C Non-Financial)) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 01-Apr-2022 | 000.00 | Completed | Generating Revenue | ||
| 6. Later Stage VC | 07-Mar-2022 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 5. Later Stage VC (Series B) | 07-Mar-2019 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 4. Early Stage VC (Series A) | 31-Jan-2018 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 3. Accelerator/Incubator | 25-Apr-2017 | 00.000 | Completed | Generating Revenue | ||
| 2. Seed Round | 28-Feb-2017 | $4.3M | $5.07M | Completed | Generating Revenue | |
| 1. Seed Round | 04-Nov-2014 | $770K | $770K | Completed | Startup |
Drop (Services (B2C Non-Financial)) Patents
Drop (Services (B2C Non-Financial)) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220156406-A1 | Method and system for removing personally identifiable information from transaction histories | Pending | 16-Nov-2020 | 00000000000 |
Drop (Services (B2C Non-Financial)) Executive Team (10)
Drop (Services (B2C Non-Financial)) Board Members (9)
| Name | Representing | Role | Since |
|---|---|---|---|
| Brian Sinclair | Self | Board Member | 000 0000 |
| Darren Fung | Drop (Services (B2C Non-Financial)) | Co-Founder, Chief Technology Officer & Board Member | 000 0000 |
| Derrick Fung | Self | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
| Eric Martineau-Fortin | White Star Capital | Board Observer | 000 0000 |
| Mark Fernandes | Sierra Ventures | Board Observer | 000 0000 |
Drop (Services (B2C Non-Financial)) Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-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
Drop (Services (B2C Non-Financial)) Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Kensington Capital Partners | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Natureza | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
| Synchrony Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Faktory Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| G5 Capital (Greenwich) | Venture Capital | Minority | 000 0000 | 000000 0 |
Drop (Services (B2C Non-Financial)) Investments & Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 | 14-Jul-2020 | 00000 0000 | 00.000 | Other Hardware | |
| Canopy Labs | 15-Nov-2018 | Merger/Acquisition | Media and Information Services (B2B) | 0000000 0 |