# Cashdrop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cashdrop

- Industry: Internet
- Headquarters: Chicago, US
- Website: www.getcashdrop.com
- Total disclosed funding: $2.7M
- Latest round: Seed (Aug 4, 2020)
- Investors on record: 4

## About

Cashdrop, Inc. is a digital content platform based in the US, designed to support independent business owners with resources that enhance business development, including marketing strategies and financial management tools.Cashdrop, Inc. was founded in 2020 and is headquartered in Chicago, US. The company operates as a digital content provider focused on supporting small and medium-sized enterprises (SMEs). Ruben Flores-Martinez serves as both CEO and Founder. In August 2020, Cashdrop raised USD 2.7 million in Seed funding, led by Harlem Capital Partners, with participation from Founder Collective, Long Journey Ventures, and M25. This round represented the total amount raised by the company to date.Cashdrop offers a digital content platform that provides high-quality resources, including digital marketing strategies, financial management applications, project management tools, and insights into online slot games. The platform primarily serves SMEs and independent entrepreneurs, particularly in Southeast Asia, including markets in Indonesia.Cashdrop's revenue is generated through subscriptions for premium content, partnerships with digital marketing applications, and potential affiliate relationships with financial providers. Clients subscribe for access to specialized resources and tools, with pricing plans varying based on the services utilized, although specific pricing details are not disclosed.Following its latest funding round in August 2020, where Cashdrop raised USD 2.7 million, the company plans to expand its product offerings and enhance its digital content platform. Cashdrop is targeting new markets in Southeast Asia while continuing to develop new tools and resources tailored for independent entrepreneurs. The funding will support these growth initiatives, allowing Cashdrop to broaden its reach and impact on business efficiency and profitability in the region.

## Funding rounds

- Seed, Aug 4, 2020, $2.7M — Founder Collective, M25, Harlem Capital Partners, Long Journey Ventures

## Investors

- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- M25 (https://capitalatlas.ai/funds/m25) — Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed
- Long Journey Ventures (https://capitalatlas.ai/funds/long-journey-ventures) — Seed
