Drip - About the company
Drip is an acquired company based in Minneapolis (United States), founded in 2013 by Derrick Reimer, Sam Valenti Iv and Cipd Bidisha Goswami. It operates as a Cloud based software for multi channel personalization and user retention. Drip has raised $6M in funding. The company has 3500 active competitors, including 148 funded and 109 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.
Company Details
Cloud based software for multi channel personalization and user retention. It offers an abandoned cart based retargeting solution for e commerce businesses. It automatically detects customers which have abandoned their shopping carts and send automated targeted emails with offers and coupons for completing the purchase. It also offers multi channel product personalization solutions, customer engagement solutions, and more. It provides an e commerce CRM. It can be integrated with online platforms like Magento, Shopify, WooCommerce, and more.
- Website
- www.drip.com/
- Email ID
- *****@drip.com
- Registered Address
- Minneapolis, Minnesota
Key Metrics
Founded Year
2013
Location
Minneapolis, United States
Stage
Acquired
Total Funding
$6M in 2 rounds
Latest Funding Round
Ranked
23rd among 3500 active competitors
Employee Count
157 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Kickstarter (Mar 17, 2016)
Legal entities associated with Drip
Drip is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DRIP GLOBAL, INC. CIN: 263861881 , United States, Active | Dec 31, 1999 | - | 71 (As on Dec 31, 2023) | - |
Drip's acquisition details
Drip got acquired by Kickstarter on Mar 17, 2016.
Click here to take a look at Drip's acquisition in detail
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Drip's funding and investors
Drip has raised a total funding of $6M over 2 rounds. Its first funding round was on 2013. Drip has 3 institutional investors.
Here is the list of recent funding rounds of Drip:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2014 | 5615179 | Series A | 8572546 | 5843502 | 5448832 | 3357525 |
2013 | 2415 | Seed | 3168 | 3086 | 6388 |
View details of Drip's funding rounds and investors
Drip's founders and board of directors
Founder? Claim ProfileHere are the details of Drip's key team members:
- Derrick Reimer: Co-Founder of Drip and founder of 2 other companies, Codetree Studios and SavvyCal.
- Sam Valenti Iv: CEO, Co-Founder of Drip and founder of 1 other company.
- Cipd Bidisha Goswami: Founder of Drip.
View details of Drip's Founder profiles and Board Members
Drip's employee count trend
Drip has 157 employees as of Sep 26. Here is Drip's employee count trend over the years:
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Drip's Competitors and alternates
Top competitors of Drip include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of Drip, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 88/100 | |
2nd | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 88/100 | |
3rd | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
4th | Zeta Global 2007, New York City (United States), Public | Provider of an AI-powered marketing platform unifying data and marketing channels | $358M | 82/100 | |
5th | Klaviyo 2012, Boston (United States), Public | SaaS-based e-mail marketing software solutions for e-commerce businesses | $778M | 81/100 | |
6th | Braze 2011, New York City (United States), Acquired | Provider of a platform for cross-channel customer engagement and messaging | $175M | 77/100 | |
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th | Iterable 2013, San Francisco (United States), Series E | Cloud based omnichannel personalized marketing platform | $343M | 73/100 | |
9th | Blueshift 2014, San Francisco (United States), Acquired | AI-enabled marketing automation platform | $57.6M | 73/100 | |
10th | Smartly.io 2013, Helsinki (Finland), Acquired | Provider of an AI advertising platform for cross-channel campaign management | $22.8M | 72/100 | |
23rd | Drip 2013, Minneapolis (United States), Acquired | Cloud based software for multi channel personalization and user retention | $6M | 62/100 |
Looking for more details on Drip's competitors? Click here to see the top ones
Drip's Investments and acquisitions
Drip has acquired Sleeknote. Drip has not made any investments as of now.Reports related to Drip
Here is the latest report on Drip's sector:
News related to Drip
Media has covered Drip for 1 event in last 1 year, It was about partnerships.
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Quehenberger and startup DRIP forge a logistics allianceLogistik Express•Dec 05, 2025•Quehenberger, Drip
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Solana creator platform DRiP raises $8 million in seed roundThe Block•Sep 09, 2024•Drip, NFX, Coinbase, Progression Fund and 5 others
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Former deputy general manager of Huize Network Business Department joined Drip CompanyiYiou•May 07, 2020•Drip
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Extreme becomes first UK partner for DripProlific North•Jan 17, 2019•Drip, http://extreme-creations.co.uk
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