DropOff - About the company
DropOff is a series B company based in Austin (United States), founded in 2014 by Christian Carollo. It operates as a Reliable same-day delivery and courier services, built for your business. DropOff has raised $17.4M in funding from Greycroft and Fulcrum Equity Partners. The company has 39 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Dispatch, Rapidus and PartRunner.
Company Details
Reliable same-day delivery and courier services, built for your business. They offer custom logistics programs, including fixed route, overnight, express, STAT, on-demand, long-haul, and scheduled delivery options. They provide logistics solutions for healthcare, retail, and industrial sectors. Their services include real-time tracking, image confirmations, and a user-friendly online portal accessible on any device. They guarantee on-time delivery with reliable courier actions. They specialize in supply chain optimization with cost-effective approaches and offer customer service. Their technology platform enables customers to place orders electronically, track deliveries in real time, and view performance data. They focus on providing a simplified same-day delivery experience with professional drivers and proactive customer service. They offer customized logistics that adapts to your business and follow it up with local customer service.
- Website
- www.dropoff.com/
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
2014
Location
Austin, United States
Stage
Series B
Total Funding
$17.4M in 4 rounds
Latest Funding Round
Ranked
6th among 39 active competitors
Employee Count
237 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with DropOff
DropOff is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dropoff, Inc. CIN: 464379297 , United States, Active | Dec 26, 999 | - | 84 (As on Dec 31, 2023) | - |
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DropOff's funding and investors
DropOff has raised a total funding of $17.4M over 4 rounds. Its first funding round was on May 09, 2014. Its latest funding round was a Venture Debt round on Sep 27, 2021 for $*****. 1 investor participated in its latest round. DropOff has 16 institutional investors.
Here is the list of recent funding rounds of DropOff:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 27, 2021 | 9440787 | Venture Debt | 8532565 | 6822847 | 4939361 | 5730282 |
May 08, 2017 | 1499254 | Series B | 6310966 | 5427729 | 6689644 | |
Jun 12, 2015 | 1856772 | Series A | 5945611 | 5120955 |
View details of DropOff's funding rounds and investors
DropOff's founders and board of directors
Founder? Claim ProfileThe founders of DropOff is Christian Carollo.
Here are the details of DropOff's key team members:
- Christian Carollo: Former Co-Founder of DropOff. They serve on the board of 1 company.
DropOff's Board of Directors
DropOff's board has 5 active members. Paul Bricault, Sean Spector, Christian Carollo, Theodore Hong and Jason Klann are independent board members.Here is the list of DropOff's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 2m | |
qdlzaaf | Independent board member | - | Current | 3y 5m |
f{kbzfy | Independent board member | - | Current | 7y 1m |
fdgmgzd | Independent board member | - | Current | 9y 6m |
vvamuxj | Independent board member | - | Current | 3y 5m |
View details of DropOff's Founder profiles and Board Members
DropOff's employee count trend
DropOff has 237 employees as of Aug 26. Here is DropOff's employee count trend over the years:
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DropOff's Competitors and alternates
Top competitors of DropOff include Dispatch, Rapidus and PartRunner. Here is the list of Top 10 competitors of DropOff, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Dispatch 2016, Bloomington (United States), Series C | Hyperlocal delivery services provider for businesses | $71.7M | 67/100 | |
2nd | Rapidus 2014, San Mateo (United States), Unfunded | Online platform providing B2B crowd sourced delivery services | - | - | 53/100 |
3rd | PartRunner 2017, Boston (United States), Seed | App-based platform providing on-demand delivery services for businesses | $1.93M | 51/100 | |
4th | Skipcart 2014, Boerne (United States), Acquired | On-demand hyperlocal delivery platform for businesses | $11.5M | - | 45/100 |
5th | RaRa Delivery 2017, Jakarta (Indonesia), Series A | On-demand last-mile logistics service provider | $4.08M | 45/100 | |
6th | DropOff 2014, Austin (United States), Series B | Reliable same-day delivery and courier services, built for your business | $17.4M | 44/100 | |
7th | Rickshaw 2013, San Francisco (United States), Acquired | Online platform providing B2B delivery services | $125K | 40/100 | |
8th | Rundoo 2020, Atherton (United States), Funding Raised | Developer of AI-native ERP software for independent supply stores | - | 37/100 | |
9th | ROVA 2016, Hingham (United States), Unfunded | On-demand delivery platform for businesses | - | - | 37/100 |
10th | MetroSpeedy 2015, New York City (United States), Seed | Offers web-based on-demand last-mile delivery for businesses | $5M | 36/100 |
Looking for more details on DropOff's competitors? Click here to see the top ones
DropOff's Investments and acquisitions
DropOff has acquired Rightaway Delivery. DropOff has not made any investments as of now.Reports related to DropOff
Here is the latest report on DropOff's sector:
News related to DropOff
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Dropoff Appoints New Board Members and Executive Leaders to Support Ongoing Growth StrategyPR Newswire•Sep 14, 2022•DropOff
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Next Coast Ventures Hires Zaz Floreani as a PrincipalFinSMEs•Oct 22, 2019•Next Coast Ventures, DropOff
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Delivery Startup Dropoff Inc. Scales Up for BusinessesThe Wall Street Journal•May 08, 2017•DropOff, Fulcrum Equity Partners, Greycroft, Correlation Ventures
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Dropoff raises $7 million to take on old-school courier services | FortuneFortune•Jun 22, 2015•DropOff, Correlation Ventures, Greycroft, Wild Basin Investments and 4 others
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