Dropstat Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 30

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 8

Dropstat General Information

Description

Developer of workforce and cost automation software designed to help hospitals optimize their staffing costs. The company's platform uses artificial intelligence to predict and autonomously fill shift gaps with the cost-efficient staff member available months before a staffing need arises, reducing staff operating costs and offering security methods to encrypt data both in the system and in transit, enabling clients to be ensured that their urgent shift staffing needs are filled quickly and safely.

Contact Information

Website
www.dropstat.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1110 North Virgil Avenue
  • PMB 91657
  • Los Angeles, CA 90029
  • United States
+1 (424)
Primary Industry
Business/Productivity Software
Other Industries
Other Healthcare Services
Automation/Workflow Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, Mobile
Corporate Office
  • 1110 North Virgil Avenue
  • PMB 91657
  • Los Angeles, CA 90029
  • United States
+1 (424)

Dropstat Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Dropstat Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Accelerator/Incubator 01-May-2024 Completed Generating Revenue
3. Seed Round 31-Oct-2023 Completed Generating Revenue
2. Seed Round 31-Mar-2023 $5.5M $5.5M Completed Generating Revenue
1. Accelerator/Incubator Completed Generating Revenue
To view Dropstat’s complete valuation and funding history, request access »

Dropstat Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed-1
Seed-4
Seed-2
Seed-5
Seed-3 235,932 $0.000100 8% $0.43 $0.43 1x $0.43 0.71%
Seed-6 235,932 $0.000100 8% $0.43 $0.43 1x $0.43 0.71%
To view Dropstat’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Dropstat Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of workforce and cost automation software designed to help hospitals optimize their staffing costs. The compan
Business/Productivity Software
Los Angeles, CA
30 As of 2023

Atlanta, GA
 

Hackensack, NJ
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Dropstat Competitors (2)

One of Dropstat’s 2 competitors is QGenda, a Private Equity-Backed company based in Atlanta, GA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
QGenda Private Equity-Backed Atlanta, GA
Smartlinx Solutions Private Equity-Backed Hackensack, NJ
You’re viewing 2 of 2 competitors. Get the full list »

Dropstat Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Dropstat Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
KidsX Accelerator/Incubator
Alumni Ventures Venture Capital Minority
Atlanta Technology Angels Angel Group Minority
BakerBridge Capital Venture Capital Minority
Porter Sablan Capital Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

Ready to get started?

Request a free trial

Dropstat FAQs

  • When was Dropstat founded?

    Dropstat was founded in 2016.

  • Where is Dropstat headquartered?

    Dropstat is headquartered in Los Angeles, CA.

  • What is the size of Dropstat?

    Dropstat has 30 total employees.

  • What industry is Dropstat in?

    Dropstat’s primary industry is Business/Productivity Software.

  • Is Dropstat a private or public company?

    Dropstat is a Private company.

  • What is Dropstat’s current revenue?

    The current revenue for Dropstat is .

  • How much funding has Dropstat raised over time?

    Dropstat has raised $6.84M.

  • Who are Dropstat’s investors?

    KidsX, Alumni Ventures, Atlanta Technology Angels, BakerBridge Capital, and Porter Sablan Capital are 5 of 8 investors who have invested in Dropstat.

  • Who are Dropstat’s competitors?

    QGenda and Smartlinx Solutions are competitors of Dropstat.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process