# Draper Startup House

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/draper-startup-house

- Industry: Travel & Leisure
- Headquarters: Singapore, Singapore
- Website: www.draperstartuphouse.com
- Total disclosed funding: $5.6M
- Latest round: Series A (Jul 7, 2021)
- Investors on record: 4

## About

Draper Startup House is a global ecosystem supporting entrepreneurs with co-working spaces, mentorship, and investor access, fostering collaboration and innovation in diverse markets.Draper Startup House provides a platform for entrepreneurs, offering various services tailored to their needs. Founded in 2018 in Singapore, it is spearheaded by co-founders including Darnel Francois and Keimo Edwards. The company raised USD 5.12 mn in Series A funding on July 7, 2021, with participation from Aurum, REAPRA Ventures, and others. To date, Draper Startup House has completed 2 deals and achieved a current valuation of USD 9.93 mn.Draper Startup House offers an ecosystem designed to support entrepreneurs globally via co-working spaces, mentorship programs, and investor networking. With locations in Singapore, the United States, India, and Argentina, it caters to emerging entrepreneurs and established startups, focusing on community and collaboration to address funding and mentorship access issues.In 2023, Draper Startup House generated revenue of USD 642,469.90 and reported an EBITDA of USD -680,156.90. Their revenue streams include membership fees for co-working spaces and partnerships that enhance community engagement among startups and investors.Draper Startup House plans to utilize the recent funding of USD 5.12 mn to expand its services and reach new markets. The company aims to launch additional mentorship programs and co-working locations in emerging markets by 2024. This strategic utilization of funds will also support technological advancements and improve service delivery for their clients.

## Funding rounds

- Series A, Jul 7, 2021, $5.1M — REAPRA Ventures, Superangel, Aurum, Silicon Balls
- Seed, Dec 5, 2018, $0.5M — REAPRA Ventures

## Investors

- REAPRA Ventures (https://capitalatlas.ai/funds/reapra-ventures) — Seed, Series A
- Superangel (https://capitalatlas.ai/funds/superangel) — Series A
- Aurum — Series A
- Silicon Balls (https://capitalatlas.ai/funds/silicon-balls) — Series A