When was DropStat founded?

DropStat was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is DropStat located?

DropStat is headquartered in Beverly Hills, United States.

Who is the current CEO of DropStat?

Sara Well of DropStat. They have also founded 1 company.

How many employees does DropStat have?

As of Dec 31, 2022, DropStat has 8 employees, reflecting a 34% year-over-year growth in headcount.

Is DropStat a funded company?

DropStat is a funded company, having raised a total of $6.84M across 4 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 20, 2020.

When was the latest funding round of DropStat?

DropStat's latest funding was a $***** Seed round on Oct 30, 2023, with participation from 0 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $2.03B in funding in 2026 to date.

Where does DropStat rank among its competitors?

DropStat ranks 4th amongst 142 active competitors, of which 13 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Arya Health, which secured $18.2M in Aug, 2025.

Who are the top competitors of DropStat?

DropStat's top competitors include Laudio, OnShift and Arya Health. Among them, Arya Health secured the most recent funding round in August, 2025.

DropStat - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of staff scheduling and communication software. The company has developed a tool that assists healthcare organizations to manage staffing operations. The tool provides a communication and management system for hospital workflow management. It provides information regarding urgent shifts that need to be filled in the organization.

Key Metrics

Founded Year

2017

Location

Beverly Hills, United States

Stage

Seed

Total Funding

$6.84M in 4 rounds

Latest Funding Round

Seed, Oct 30, 2023, $*****

Investors

Panoramic Ventures & 1 more

Ranked

4^th among 142 active competitors

Employee Count

8 as on Dec 31, 2022

Similar Companies

Laudio & 179 more

View DropStat's full profile

DropStat is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DROPSTAT, LLC CIN: 813158853 , United States, Active	Dec 31, 1999	-	8 (As on Dec 31, 2022)	-
Dropstat, Inc. CIN: 1831994 , United States, Active		$1 - $1M (As on May 03, 2023)	-	-

DropStat has raised a total funding of $6.84M over 4 rounds. Its first funding round was on Nov 20, 2020. DropStat has 2 institutional investors.

Here is the list of recent funding rounds of DropStat:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 30, 2023	2736976	Seed	2337287	1438223	1432926	7939960
May 03, 2023	5200337	Conventional Debt	9747204	9731662	8811335	5268587
May 02, 2023	8497471	Seed	4792646	2877383	Panoramic Ventures	1836244

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View details of DropStat's funding rounds and investors

The founders of DropStat are Sara Well and Tara Vafaeenia. Sara Well is the CEO of DropStat.

Here are the details of DropStat's key team members:

Sara Well: Co-Founder & CEO of DropStat.
Contact Info: 1 email address
Tara Vafaeenia: Co-Founder of DropStat.
Contact Info: 1 email address

View details of DropStat's Founder profiles and Board Members

DropStat's employee count trend

DropStat has 8 employees as of Dec 22. The total employee count is 33.0% more than what it was in Dec 21. Here is DropStat's employee count trend over the years:

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Top competitors of DropStat include Laudio, OnShift and Arya Health. Here is the list of Top 10 competitors of DropStat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Laudio 2018, Boston (United States), Acquired	Provider of the staff management platform	$25M	Define Ventures, Memorial Hermann & 6 others	70/100
2nd	OnShift 2008, Cleveland (United States), Series E	SaaS based staff scheduling and shift management software for the healthcare industry	$33.6M	Health Velocity Capital, West Capital Advisors ... & 15 others	59/100
3rd	Arya Health 2022, New York City (United States), Series A	AI based workforce management and HR solutions for the healthcare industry	$25M	ACME, Twelve Below & 3 others	57/100
4th	DropStat 2017, Beverly Hills (United States), Seed	Provider of staff scheduling and communication software	$6.84M	BIP Ventures, Panoramic Ventures	50/100
5th	Navenio 2015, London (United Kingdom), Series B	Provider of sensor-based location monitoring systems for the healthcare workforce	$31M	Oxford Science Enterprises, Future Planet Capital ... & 11 others	50/100
6th	StafferLink 1995, Fayetteville (United States), Acquired	Provider of platform for medical staffing solutions	-	-	49/100
7th	Cobionix 2020, Kitchener (Canada), Seed	Manufacturer of a robot for performing routine tasks	$5.8M	TitletownTech, Lions Investment & 1 others	46/100
8th	Sekoia 2010, London (United Kingdom), Acquired	Digital healthcare planning and management tool for caregivers and doctors	$12.1M	Accelerace, Danmarks Eksport og Investeringsfond	45/100
9th	MedFlyt 2016, Tel Aviv (Israel), Funding Raised	Online platform connecting home health agencies with HCPs	-	Florida-Israel Business Accelerator, MassChallenge	42/100
10th	COVR 2015, Orem (United States), Seed	Software for better care coordination, scheduling, messaging, reporting, and engagement	-	Greenridge Growth Partners, RF Investment Partners	42/100