Drop

📍 Toronto, Canada🗓 Founded 2016👥 87 employees💰 Last funded Jul 2020
Consumer Services🌐 dropforbusiness.com
Website LinkedIn
At the intersection of e-commerce and fintech, Drop is the most effective end-to-end platform that enables brands and merchants to influence and understand Millennial and Gen Z behaviour. By seamlessly connecting their financial institutions, Drop members receive a customized e-commerce experience that allows them to earn rewards for their online and offline purchases and survey completions. Launched in 2017, Drop has over 5 million members in North America and has partnered with over 500 brands, including Amazon, Starbucks and Uber. Our North American Millennial and Gen Z members have spent over $144 billion since the launch of Drop, and provided valuable insights by answering over 100 million survey questions. Drop has raised $80 million from investors such as NEA, ff Venture Capital, Sierra Ventures, CRCM Ventures, Rothenberg Ventures, Hedgewood, White Star Capital, HIGHLINEvc, and RBC Capital.
5
Total investors
3
Early stage
2
Mid stage
0
Late stage
2016
Founded

Investors

5 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
United States
3
Canada
1
France
1
Investor activity2015–2020 · investors recorded per year
2015120171201812019120201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Drop?
Drop has 5 investors on record on gritt.io, including 3 early-stage backers, 2 mid-stage.
When did Drop last raise funding?
The most recent investment in Drop recorded on gritt.io was in July 2020.
When was Drop founded?
Drop was founded in 2016.
What industry is Drop in?
Drop operates in Consumer Services. Find similar Consumer Services investors on gritt.io.
Where is Drop based?
Drop is headquartered in Toronto, Canada.