# Droplet Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/droplet-solutions

- Industry: Software
- Headquarters: Lehi, US
- Website: www.droplet.io
- Total disclosed funding: $2M
- Latest round: Seed (Mar 24, 2021)
- Investors on record: 2

## About

Droplet Solutions, LLC, based in the US, specializes in innovative cloud-based solutions aimed at optimizing data management for businesses, enhancing operational efficiency and user experience across various sectors.Founded in 2020 and headquartered in Lehi, Utah, Droplet Solutions, LLC develops advanced data management platforms. The company raised USD 2 mn in Seed funding on March 24, 2021, from investors including Pelion Venture Partners and Precedent Investments, bringing total funding to USD 5 mn. The founders are Michelle Tong, Mike Rowland, and Skyler Hair, with Conan Duke and Mike Rowland serving as CEOs.Droplet.io develops cloud-based solutions designed to streamline operations for businesses, focusing on an advanced data management platform that enables real-time data collection, analysis, and visualization. Their offerings target industries such as finance, healthcare, and retail, providing analytics tools for informed decision-making and increased productivity.Droplet.io generates revenue via a subscription-based pricing model, offering flexible terms for businesses accessing their data management platform. Clients can subscribe monthly or annually, with pricing tiers reflecting varying usage levels. The company's transaction structure includes direct-to-business sales based on tailored service agreements, with flagship offerings priced according to deployment scale.With the recent Seed funding of USD 2 mn raised in March 2021, Droplet Solutions, LLC plans to enhance its product offerings by developing new analytics tools aimed at mid-sized and large enterprises. The company is looking to expand its market presence in Europe and Asia by the end of 2023, focusing on industries that prioritize data-driven insights. The funding will support these product developments and market expansion initiatives.

## Funding rounds

- Seed, Mar 24, 2021, $2M — Pelion Venture Partners, Precedent Investments

## Investors

- Pelion Venture Partners (https://capitalatlas.ai/funds/pelion-venture-partners) — Seed
- Precedent Investments — Seed