Drop

company

About

Drop is a rewards app available on mobile and desktop where members earn points for gift cards and crypto

  • 101 - 250

Details

Last Funding Type
Series B
Last Funding Money Raised
$34.30M
Industries
Consumer Research,Digital Marketing,E-Commerce,Loyalty Programs,Mobile Apps,Social Media Marketing
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active

At Drop, we’re on a mission to level-up consumer lives, one reward at a time. Through our personalized commerce platform, we intelligently surface the right brands, at the right time, to make our members’ every day a level better than it was before. Powered by machine learning, we match consumers with our over 400+ partner brands to satisfy two main goals: to earn points from their purchases and redeem them for instant rewards. Calling Toronto home but operating under a global mindset, Drop is building the next level experience for our 4 million+ members across North America, and most recently, the UK.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$34.30M
Drop has raised a total of $34.30M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2019 Series B $34.30M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Drop is funded by 1 investors. Gaingels are the most recent investors.
Investor Name Lead Investor Funding Round
Gaingels Series B