Total amount raised
$28.5 Million
Latest funding date
2022-05-17
Location
Drip has emerged as a notable player in the live shopping space, offering a unique platform for users to engage in real-time commerce. The company has garnered attention for its innovative approach to integrating live streaming with shopping experiences.
Keep reading to explore the intricacies of Drip's fundraising journey and the investors backing this innovative platform.
What Is Drip?
Drip is a dynamic platform in the live shopping industry, known for its innovative integration of live streaming and e-commerce. The company has quickly gained traction for its unique approach to real-time commerce, allowing users to engage and shop simultaneously.
While specific details such as the founding year, location, founder names, and employee count are not available, Drip's impact on the live shopping space is evident through its growing popularity and user engagement.
How Much Funding Has Drip Raised?
- Seed Round
- Amount Raised: USD 5,500,000
- Date: May 2022
- Series A
- Amount Raised: USD 23,000,000
- Date: May 2022
- Lead Investors: Base10 Partners, Eniac Ventures, Harlem Capital, Kindred Ventures
Drip has raised a total of USD 28,500,000 in funding.
Key Investors
- Base10 Partners
- Details: Base10 Partners is a venture capital firm that focuses on investing in automation and the future of work. They aim to bridge the gap between traditional industries and technology.
- Investment Focus Areas: Automation, Future of Work, Fintech
- Notable Investments: Notion, Figma, Brex
- Eniac Ventures
- Details: Eniac Ventures is an early-stage venture capital firm that invests in technology startups. They are known for their hands-on approach and deep technical expertise.
- Investment Focus Areas: SaaS, Mobile, AI
- Notable Investments: Airbnb, SoundCloud, Hinge
- Harlem Capital
- Details: Harlem Capital is a venture capital firm dedicated to investing in minority and women founders. They aim to change the face of entrepreneurship by backing diverse founders.
- Investment Focus Areas: Consumer, Enterprise, Fintech
- Notable Investments: Blavity, Jobble, Wagmo
- Kindred Ventures
- Details: Kindred Ventures is an early-stage venture capital firm that partners with founders at the inception stage. They focus on building long-term relationships with their portfolio companies.
- Investment Focus Areas: Consumer, Healthcare, Fintech
- Notable Investments: Uber, Coinbase, Blue Bottle Coffee
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