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Drop
company
About
Drop is a product company that uniquely uses data and insights from enthusiasts to create and curate innovative products that fuel passion.
- San Francisco,California,United States
- 101 - 250
- http://drop.com
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $27.15M
- Industries
- Communities,E-Commerce,Product Design,Shopping
- Founded date
- May 1, 2012
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- Massdrop, Inc.
- Also Known As
- Formerly known as Massdrop
Drop is a product company that uniquely uses data and insights from enthusiasts to create and curate innovative products that fuel passion. With new, diverse products featured every day, Drop empowers people across the globe to find and follow their interests, learn, share, shop, and participate in product development. Popular Drop categories include audio, tech, apparel, outdoors, and cooking. Founded in 2012, Drop is home to 7 million members. Drop is available on Drop.com and the Drop app.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$92.50M
Drop has raised a total of
$92.50M
in funding over 2 rounds. Their latest funding was raised on
Jul 1, 2019 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 1, 2019 | Debt Financing | $17.50M | 1 |
Runway Growth Capital
|
— | Detail |
| Apr 29, 2019 | Series C | $27.15M | 1 |
Tom Williams
|
— | Detail |
| Aug 13, 2015 | Series B | $40M | 4 |
|
— | Detail |
| Sep 24, 2014 | Series A | $6.50M | 14 |
Mayfield Fund
|
— | Detail |
| Sep 1, 2013 | Seed | $1.35M | 3 |
Kleiner Perkins
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
5
18
Drop is funded by 18 investors.
Runway Growth Capital
and Tom Williams
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Runway Growth Capital
|
Yes | Debt Financing |
|
Tom Williams
|
Yes | Series C |
|
|
Yes | Series B |
Cowboy Ventures
|
— | Series B |
First Round Capital
|
— | Series B |
|
Mayfield Fund
|
— | Series B |
ACME Capital
|
— | Series A |
|
|
— | Series A |
First Round
|
— | Series A |
Heron Rock Fund
|
— | Series A |
Employee Profiles
Number of Employee Profiles
9
Drop has 9 current employee profiles, including
Board member Tim Chang
Board member
Advisor
Board member
Board member
Executive
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