Dropsuite Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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16
- Latest Deal Type
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M&A
- Latest Deal Amount
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$270M
Dropsuite General Information
Description
Dropsuite Ltd is a cloud software platform enabling businesses to easily backup, recover and protect their important business information. The company enables small and medium-sized enterprises to easily backup, recover and protect their business information. Its products include GovCloud Backup, Microsoft 365 Backup, Google Workspace Backup Website and database backup, Email backup and archiving and QuickBooks Online Backup. It generates maximum revenue from United States of America.
Contact Information
Website
www.dropsuite.com(Operating Subsidiary)
Corporate Office
- 35 Collins Street
- Level 30
- Melbourne, Victoria 3000
- Australia
Corporate Office
- 35 Collins Street
- Level 30
- Melbourne, Victoria 3000
- Australia
Dropsuite Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 30-May-2025 | $270M | Completed | Generating Revenue | ||
| 7. PIPE | 17-Aug-2021 | Completed | Generating Revenue | |||
| 6. Merger/Acquisition | Completed | Generating Revenue | ||||
| 5. PIPE | 06-Oct-2017 | Completed | Generating Revenue | |||
| 4. Reverse Merger | 04-Mar-2016 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 25-Apr-2013 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 15-Jan-2013 | $250K | $1.05M | Completed | Generating Revenue | |
| 1. Seed Round | $800K | $800K | Completed | Generating Revenue |
Dropsuite Comparisons
Industry
Financing
Details
Dropsuite Competitors (4)
One of Dropsuite’s 4 competitors is AvePoint, a Formerly PE-Backed company based in Jersey City, NJ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| AvePoint | Formerly PE-Backed | Jersey City, NJ | ||||
| SkyKick | Formerly VC-backed | Seattle, WA | ||||
| Acronis | Private Equity-Backed | Schaffhausen, Switzerland | ||||
| Axcient | Private Equity-Backed | Denver, CO |
Dropsuite Signals
Dropsuite Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 500 Global | Accelerator/Incubator | Minority | ||
| Crystal Horse | Angel Group | Minority | ||
| Excalibur Mining | Corporation | Minority | ||
| GMO-Z.COM USA | Corporation | Minority | ||
| Angel (individual) | Minority |
Dropsuite Acquisitions (2)
Dropsuite’s most recent deal was a Merger/Acquisition with Excalibur Mining. The deal was made on 04-Mar-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Excalibur Mining | 04-Mar-2016 | Merger/Acquisition | Precious Metals and Minerals Mining | ||
| OrbitFiles.Com | 27-Jun-2012 | Merger/Acquisition | Systems and Information Management |
Dropsuite ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Precious Metals
Industry
Rank
Percentile
Gold
Subindustry
Rank
Percentile
Dropsuite FAQs
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When was Dropsuite founded?
Dropsuite was founded in 2011.
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Where is Dropsuite headquartered?
Dropsuite is headquartered in Melbourne, Australia.
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What is the size of Dropsuite?
Dropsuite has 16 total employees.
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What industry is Dropsuite in?
Dropsuite’s primary industry is Systems and Information Management.
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Is Dropsuite a private or public company?
Dropsuite is a Private company.
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What is the current valuation of Dropsuite?
The current valuation of Dropsuite is .
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What is Dropsuite’s current revenue?
The current revenue for Dropsuite is .
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How much funding has Dropsuite raised over time?
Dropsuite has raised $14.7M.
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Who are Dropsuite’s investors?
500 Global, Crystal Horse, Excalibur Mining, GMO-Z.COM USA, and are 5 of 9 investors who have invested in Dropsuite.
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Who are Dropsuite’s competitors?
AvePoint, SkyKick, Acronis, and Axcient are competitors of Dropsuite.
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When was Dropsuite acquired?
Dropsuite was acquired on 30-May-2025.
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Who acquired Dropsuite?
Dropsuite was acquired by NinjaOne.
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