# Drip Shop Live

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/drip-shop-live

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.dripshop.live
- Total disclosed funding: $29M
- Latest round: Series A (May 17, 2022)
- Investors on record: 6

## About

Founded in 2020 and based in California, US, Flourish Cares, Inc., doing business as Drip Shop Live (Drip) operates as a provider of web and mobile applications that allows users to watch live streams, buy and sell collector’s items, trade, and sports card games. The company was co-founded by  Javaughn Lawrence (CEO) and Sameep Sheth (CTO ).  Additionally, in May 2022, Drip Shop Live raised USD 5.5 in Seed funding and USD 23 million in Series A funding co-led by Harlem Capital Partners, Kindred Ventures, Base10 Partners, and ENIAC Ventures, with participation from Toy Ventures and Alumni Ventures Group. The Series A funding values Drip Shop Live at USD 101 million post-money.      

Drip Shop Live provides tooling so users can run livestream auctions, drops or buy-it-now formats for collectibles via Drip’s marketplace - DripShop.live.

The company plans to use the 2022 funding to scale its NFT selling efforts, including on-chain transactions on Ethereum and seller acquisitions, as well as decentralizing access to its live selling capabilities and expanding the team, especially in engineering, product, partnerships, and operations.

## Funding rounds

- Series A, May 17, 2022, $23M — Eniac Ventures, Alumni Ventures Group, Base10 Partners, Kindred Ventures, Harlem Capital Partners, Toy Ventures
- Seed, May 17, 2022, $5.5M — Eniac Ventures, Base10 Partners, Kindred Ventures, Harlem Capital Partners, Toy Ventures

## Investors

- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Series A, Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A, Seed
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Series A, Seed
- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Series A, Seed
- Toy Ventures (https://capitalatlas.ai/funds/toy-ventures) — Series A, Seed