Drift (Business/Productivity Software) Overview
- Year Founded
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2023
- Status
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Acquired/Merged
- Employees
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16
- Latest Deal Type
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M&A
Drift (Business/Productivity Software) General Information
Description
Developer of workflow automation tools designed for financial professionals to focus on subjective thinking. The company uses a novel architecture that minimizes dependence on generative AI, resulting in a unique way that does not make factual errors, enabling financial professionals to increase workflow efficiency.
Contact Information
Website
www.drift.ai(Operating Subsidiary)
Corporate Office
- 3050 South Delaware Street
- Suite 202
- San Mateo, CA 94403
- United States
Corporate Office
- 3050 South Delaware Street
- Suite 202
- San Mateo, CA 94403
- United States
Drift (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 12-Mar-2026 | Completed | Generating Revenue | |||
| 2. Seed Round | 21-Sep-2023 | Completed | Generating Revenue | |||
| 1. Spin-Off | 01-Mar-2023 | Completed | Stealth |
Drift (Business/Productivity Software) Comparisons
Industry
Financing
Details
Drift (Business/Productivity Software) Competitors (4)
One of Drift (Business/Productivity Software)’s 4 competitors is Nintex, a Private Equity-Backed company based in Bellevue, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nintex | Private Equity-Backed | Bellevue, WA | ||||
| Bardeen | Venture Capital-Backed | San Francisco, CA | ||||
| UiPath | Formerly VC-backed | New York, NY | ||||
| Hugging Face | Formerly VC-backed | New York, NY |
Drift (Business/Productivity Software) Signals
Drift (Business/Productivity Software) Former Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| A-Level Capital | Venture Capital | Minority | ||
| Ballyhoo Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Correlation Ventures | Venture Capital | Minority | ||
| Depth Ventures | Venture Capital | Minority |
Drift (Business/Productivity Software) FAQs
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When was Drift (Business/Productivity Software) founded?
Drift (Business/Productivity Software) was founded in 2023.
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Where is Drift (Business/Productivity Software) headquartered?
Drift (Business/Productivity Software) is headquartered in San Mateo, CA.
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What is the size of Drift (Business/Productivity Software)?
Drift (Business/Productivity Software) has 16 total employees.
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What industry is Drift (Business/Productivity Software) in?
Drift (Business/Productivity Software)’s primary industry is Business/Productivity Software.
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Is Drift (Business/Productivity Software) a private or public company?
Drift (Business/Productivity Software) is a Private company.
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What is Drift (Business/Productivity Software)’s current revenue?
The current revenue for Drift (Business/Productivity Software) is .
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How much funding has Drift (Business/Productivity Software) raised over time?
Drift (Business/Productivity Software) has raised $9M.
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Who are Drift (Business/Productivity Software)’s investors?
A-Level Capital, Ballyhoo Ventures, , Correlation Ventures, and Depth Ventures are 5 of 12 investors who have invested in Drift (Business/Productivity Software).
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Who are Drift (Business/Productivity Software)’s competitors?
Nintex, Bardeen, UiPath, and Hugging Face are competitors of Drift (Business/Productivity Software).
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When was Drift (Business/Productivity Software) acquired?
Drift (Business/Productivity Software) was acquired on 12-Mar-2026.
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Who acquired Drift (Business/Productivity Software)?
Drift (Business/Productivity Software) was acquired by S&P Global.
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