Dropio - About the company
Dropio is an acquired company based in Brooklyn (United States), founded in 2007 by Sam Lessin. It operates as an Online File Sharing Service. Dropio has raised $8.8M in funding from Gotham Ventures. The company has 702 active competitors, including 100 funded and 76 that have exited. Its top competitors include companies like Box, Dropbox and Egnyte.
Company Details
Drop.io was a platform for private exchange. It allows sharing of file of any kind and could be accessed via internet, phone, fax, widgets and email. The service had no email signup and no accounts. 100MB of storage was provided for free and tiered storage was provided at cost up to 25GB. Drop.io was named one of TIME Magazine's top 50 websites in 2009. On 29 October 2010, drop.io was acquired by Facebook. As of 15 December, 2010 the site is no longer active.
- Website
- drop.io
Key Metrics
Founded Year
2007
Location
Brooklyn, United States
Stage
Acquired
Total Funding
$8.8M in 3 rounds
Latest Funding Round
Investors
Ranked
87th among 702 active competitors
Employee Count
2 as on Jul 31, 2026
Exit Details
Acquired by Facebook (Oct 29, 2010)
Dropio's acquisition details
Click here to take a look at Dropio's acquisition in detail
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Dropio's funding and investors
Dropio has raised a total funding of $8.8M over 3 rounds. Its first funding round was on Nov 26, 2007. Dropio has 2 institutional investors.
Here is the list of recent funding rounds of Dropio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 18, 2010 | 7967521 | Series A | 3604014 | 3777785 | 4487327 | 5174938 |
Mar 11, 2008 | 9734996 | Series A | 1225826 | 8177317 | 7752807 | |
Nov 26, 2007 | 9726471 | Series A | 5497366 | 6275667 | 3147873 |
View details of Dropio's funding rounds and investors
Dropio's founders and board of directors
Founder? Claim ProfileThe founders of Dropio is Sam Lessin.
Here are the details of Dropio's key team members:
- Sam Lessin: Co - Founder / CEO of Dropio and founder of 2 other companies, Slow Ventures and Fin. They are also an angel investor in 8 startups.
View details of Dropio's Founder profiles and Board Members
Dropio's employee count trend
Dropio has 2 employees as of Jul 26. Here is Dropio's employee count trend over the years:
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Dropio's Competitors and alternates
Top competitors of Dropio include Box, Dropbox and Egnyte. Here is the list of Top 10 competitors of Dropio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
2nd | Dropbox 2007, San Francisco (United States), Public | Cloud-based enterprise collaboration platform for enterprise file sharing | $607M | 77/100 | |
3rd | Egnyte 2006, Mountain View (United States), Series F | Platform that offers data governance and file sharing solutions | $136M | 75/100 | |
4th | WeTransfer 2009, Amsterdam (Netherlands), Acquired | Cloud-based file sharing and file transfer application | $63.8M | 74/100 | |
5th | BitTorrent 2004, San Francisco (United States), Acquired | Cloud-based file sharing software provider | $35.8M | 70/100 | |
6th | Cortex 2019, San Francisco (United States), Series C | Developer of an internal developer portal using AI technology | $112M | 69/100 | |
7th | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 68/100 | |
8th | SpiderOak 2007, Northbrook (United States), Series C | Provider of zero-trust security solutions for data protection and access control | $35M | 67/100 | |
9th | Kiteworks 1999, Palo Alto (United States), Series D | Provider of private data network for secure and compliant data exchange | $650M | 65/100 | |
10th | pCloud 2013, Baar (Switzerland), Series A | Enterprise cloud storage | $3M | - | 64/100 |
87th | Dropio 2007, Brooklyn (United States), Acquired | Online File Sharing Service | $8.8M | 38/100 |
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Dropio's Investments and acquisitions
Dropio has made no investments or acquisitions yet.
Reports related to Dropio
Here is the latest report on Dropio's sector:
News related to Dropio
•
Drop.io Adds Scribd's iPaper For Smoother File Browsing – TechCrunchTechCrunch+•Jun 09, 2008•Dropio, Scribd, Inc
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