Dropit Overview
- Year Founded
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2014
- Status
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Private
- Employees
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51
- Latest Deal Type
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Series C
- Latest Deal Amount
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$25M
- Investors
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6
Dropit General Information
Description
Developer of an artificial intelligence platform designed to validate and optimize retail decisions. The company's platform offers AI-powered inventory planning, allocation, and routing algorithms, live inventory networks, last-mile distribution support, and unified data visibility, enabling retailers and shopping centre operators to improve inventory efficiency, fulfil customer orders more accurately, and enhance overall retail performance
Contact Information
Website
www.dropit.shopCorporate Office
- Third Floor, Norfolk House
- 106 Saxon Gate West
- Milton Keynes MK9 2DN
- England, United Kingdom
Corporate Office
- Third Floor, Norfolk House
- 106 Saxon Gate West
- Milton Keynes MK9 2DN
- England, United Kingdom
Dropit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC (Series C) | 03-Nov-2022 | $25M | Completed | Generating Revenue | ||
| 2. Early Stage VC | 01-Jan-2018 | Completed | Startup | |||
| 1. Early Stage VC | 01-Jan-2016 | $18.7M | $18.7M | Completed | Startup |
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Opportunity Score
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Exit Type
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Dropit Related Research & Analysis
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Verticals
Dropit Patents
Dropit Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D769457-S1 | Kiosk | Active | 09-Mar-2015 | ||
| WO-2015173820-A1 | Goods delivery system | Inactive | 13-May-2014 |
Dropit Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Dropit Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Axentia Financial Consultants | Corporation | Minority | ||
| Sugarbee | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Tiga Investments | Venture Capital | Minority | ||
| Vault America | Corporation | Minority |
Dropit FAQs
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When was Dropit founded?
Dropit was founded in 2014.
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Where is Dropit headquartered?
Dropit is headquartered in Milton Keynes, United Kingdom.
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What is the size of Dropit?
Dropit has 51 total employees.
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What industry is Dropit in?
Dropit’s primary industry is Business/Productivity Software.
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Is Dropit a private or public company?
Dropit is a Private company.
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What is Dropit’s current revenue?
The current revenue for Dropit is .
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How much funding has Dropit raised over time?
Dropit has raised $60.5M.
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Who are Dropit’s investors?
Axentia Financial Consultants, Sugarbee, , Tiga Investments, and Vault America are 5 of 6 investors who have invested in Dropit.
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