Dropoff Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 199

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $100K

  • Investors
  • 29

Dropoff General Information

Description

Provider of logistic services designed to provide same-day courier delivery. The company's technology platform includes real-time tracking and confirmations, transparent pricing, and flexible delivery options with an experience built on convenience, reliability, and customer service, enabling businesses to achieve their goals by meeting the rising expectations for faster deliveries to increase customer satisfaction.

Contact Information

Website
www.dropoff.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 901 South Mopac Expressway
  • Building I, Suite 150
  • Austin, TX 78746
  • United States
+1 (888)
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Vertical(s)
Mobility Tech, Supply Chain Tech, E-Commerce, Mobile
Corporate Office
  • 901 South Mopac Expressway
  • Building I, Suite 150
  • Austin, TX 78746
  • United States
+1 (888)

Dropoff Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Dropoff Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series A) 05-Dec-2021 $100K Completed Generating Revenue
9. Debt - General 15-Sep-2021 Completed Generating Revenue
8. Accelerator/Incubator 15-Jan-2021 Completed Generating Revenue
7. Later Stage VC 27-May-2020 Completed Generating Revenue
6. Debt - PPP 29-Apr-2020 Completed Generating Revenue
5. Early Stage VC (Series B3) 10-Dec-2018 Completed Generating Revenue
4. Early Stage VC (Series B2) 29-Dec-2017 Completed Generating Revenue
3. Early Stage VC (Series B) 24-May-2017 Completed Generating Revenue
2. Early Stage VC (Series A) 22-Jun-2015 $7.02M $7.04M Completed Startup
1. Accelerator/Incubator 25-Mar-2014 $20K $20K Completed Startup
To view Dropoff’s complete valuation and funding history, request access »

Dropoff Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B4
Series B3
Series B2
Series B 3,607,344 $0.000100 $0.13 $2.54 $2.54 1x $2.54 11.97%
Series A 4,215,974 $0.000100 $1.78 $1.78 1x $1.78 13.98%
To view Dropoff’s complete cap table history, request access »

Dropoff Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of logistic services designed to provide same-day courier delivery. The company's technology platform includes
Logistics
Austin, TX
199 As of 2024

Seattle, WA
 

Chicago, IL
 
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Dropoff Competitors (48)

One of Dropoff’s 48 competitors is Shipium, a Venture Capital-Backed company based in Seattle, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shipium Venture Capital-Backed Seattle, WA
FarEye Venture Capital-Backed Chicago, IL
project44 Venture Capital-Backed Chicago, IL
Ohi Venture Capital-Backed New York, NY
Flock Freight Venture Capital-Backed Encinitas, CA
You’re viewing 5 of 48 competitors. Get the full list »

Dropoff Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Dropoff Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210150908-A1 Systems and methods for automated real-time and advisory routing within a fleet of geographically distributed drivers Active 26-Apr-2017
US-11574545-B2 Systems and methods for automated real-time and advisory routing within a fleet of geographically distributed drivers Active 26-Apr-2017
US-20180315319-A1 Systems and methods for automated real-time and advisory routing within a fleet of geographically distributed drivers Active 26-Apr-2017
US-10930157-B2 Systems and methods for automated real-time and advisory routing within a fleet of geographically distributed drivers Active 26-Apr-2017 G08G1/202

Dropoff Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Dropoff Investors (29)

Investor Name Investor Type Holding Investor Since Participating Rounds
Horizon Technology Finance BDC Lender/Debt Provider Minority
Texas Venture Labs Accelerator/Incubator
Eastward Capital Partners Venture Capital Minority
Gray Ventures Venture Capital Minority
Hurt Family Investments Family Office Minority
You’re viewing 5 of 29 investors. Get the full list »

Dropoff Acquisitions (2)

Dropoff’s most recent deal was a Merger/Acquisition with Rightaway Delivery. The deal was made on 22-Mar-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Rightaway Delivery 22-Mar-2022 Merger/Acquisition Logistics
QCS Logistics 22-Dec-2020 Merger/Acquisition Logistics
To view Dropoff’s complete acquisitions history, request access »

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Dropoff FAQs

  • When was Dropoff founded?

    Dropoff was founded in 2014.

  • Where is Dropoff headquartered?

    Dropoff is headquartered in Austin, TX.

  • What is the size of Dropoff?

    Dropoff has 199 total employees.

  • What industry is Dropoff in?

    Dropoff’s primary industry is Logistics.

  • Is Dropoff a private or public company?

    Dropoff is a Private company.

  • What is Dropoff’s current revenue?

    The current revenue for Dropoff is .

  • How much funding has Dropoff raised over time?

    Dropoff has raised $68.7M.

  • Who are Dropoff’s investors?

    Horizon Technology Finance BDC, Texas Venture Labs, Eastward Capital Partners, Gray Ventures, and Hurt Family Investments are 5 of 29 investors who have invested in Dropoff.

  • Who are Dropoff’s competitors?

    Shipium, FarEye, project44, Ohi, and Flock Freight are some of the 48 competitors of Dropoff.

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