# Drop

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

- Industry: Software
- Headquarters: San Pedro, US
- Website: www.usedrop.io
- Total disclosed funding: $5.5M
- Latest round: Seed (Sep 26, 2022)
- Investors on record: 4

## About

Based in California, US, and founded in 2020 by CEO Benjamin Benichou and COO Shu Pan, Creative Bot, Inc., d/b/a Drop, operates as a software company that focuses on providing a social commerce platform for enterprise brands and retailers for direct messaging as a sales channel, enabling customers to communicate instantaneously with a brand and retailers. In September 2022, Drop raised USD 5.5 million in seed funding led by Speedinvest, with participation from Motier Ventures, Exponent Private Equity, and Kima Ventures.

The company provides a platform that integrates social media engagement directly into CRM (customer relationship management) systems, enabling brands to move beyond traditional email marketing and facilitate direct interactions with audiences via social media. The platform offers tailored messaging tools that convert social interactions into sales opportunities, optimizing both customer satisfaction and revenue.

## Funding rounds

- Seed, Sep 26, 2022, $5.5M — Exponent, Kima Ventures, Speedinvest, Motier Ventures

## Investors

- Exponent (https://capitalatlas.ai/funds/exponent) — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Motier Ventures — Seed
