Drip Capital
Latest round
- Series C
Last raised
- Sep 2024
Total raised
- $108M
Investors
- 15
About Drip Capital
Based in the US, Drip Capital Inc.Drip Capital Inc. focuses on delivering trade finance solutions for companies involved in global trade. Founded in 2015 in Palo Alto, US by Neil Kothari and Pushkar Mukewar, the company has successfully completed 12 deals to date.Drip Capital Inc. specializes in trade finance solutions, primarily offering unsecured credit lines tailored for businesses engaged in both domestic and international trade. Their flagship service allows clients to buy goods while extending payment terms, enabling businesses to pay for invoices up to 120 days later. The process begins when clients submit an invoice, after which Drip Capital pays the vendor directly, alleviating cash flow pressures. When a business utilizes Drip's services, they submit an invoice for payment, leading to a direct transaction where Drip pays the vendor. The fees are based on the amount financed and the duration of the repayment period, which can reach up to USD 3 mn.In September 2024, Drip Capital Inc. The company plans to expand its services into new markets and geographic regions, although specific target locations have not been disclosed. Additionally, the company is expected to explore new products designed to enhance its trade finance offerings.
Who invested in Drip Capital
15 investors across 6 rounds
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Questions about Drip Capital
Who invested in Drip Capital?
Drip Capital has 15 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Drip Capital raised?
Drip Capital has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Drip Capital last raise money?
Drip Capital's most recent round on record is a Series C, in Sep 2024.
What does Drip Capital do?
Based in the US, Drip Capital Inc.
Where is Drip Capital headquartered?
Drip Capital is headquartered in Palo Alto, US.
Which VCs invest in companies like Drip Capital?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Drip Capital's stage. Their profiles are linked below.
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