Dropsuite - About the company
Dropsuite is an acquired company based in Singapore (Singapore), founded in 2011 by John Anthony Fearon, Charif El Ansari, Ron Hart and Ridley Ruth. It operates as a Provider of cloud-based data backup and recovery solutions for SaaS platforms. Dropsuite has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 344 active competitors, including 23 funded and 32 that have exited. Its top competitors include companies like Veritas Technologies, Code42 and IDrive.
Company Details
Provider of cloud-based data backup and recovery solutions for SaaS platforms. It offers automated backups for platforms including Microsoft and Google Workspace. The service provides data protection with fast recovery and simplified management. It allows users to maintain resilience and continuity through identity management system backup and recovery.
- Website
- dropsuite.com
- Social
- Email ID
- *****@dropsuite.com
Key Metrics
Founded Year
2011
Location
Singapore, Singapore
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Jan 28, 2025
Ranked
4th among 344 active competitors
Employee Count
152 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by NinjaOne (Jan 28, 2025)
Legal entities associated with Dropsuite
Dropsuite is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DROPSUITE LIMITED CIN: T17UF1813H , Singapore, Active | Mar 22, 2017 | - | - | |
DROPMYSITE INC. CIN: 473689008 , United States, Active | Dec 31, 1999 | - | 31 (As on Dec 31, 2024) | - |
DROPMYSITE PTE. LTD. CIN: 201135917D , Singapore, Active | Dec 18, 2011 | - | - |
Dropsuite's acquisition details
Dropsuite got acquired by NinjaOne on Jan 28, 2025 at an acquisition amount of $270M. It was facilitated by Canaccord Genuity Group.
Click here to take a look at Dropsuite's acquisition in detail
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Dropsuite's funding and investors
Dropsuite has raised funding over 3 rounds. Its first funding round was on Apr 25, 2013. Dropsuite has 8 institutional investors.
Here is the list of recent funding rounds of Dropsuite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 17, 2021 | 7027186 | Post IPO | 4134896 | 2235240 | 4295428 | 1292695 |
Feb 14, 2017 | 7078201 | Post IPO | 8497237 | 8752342 | 7340320 | |
Apr 25, 2013 | 8487492 | Post IPO | 1029649 | 5199685 | 9962610 |
Access funding benchmarks and valuations. Sign up today!View details of Dropsuite's funding rounds and investors
Dropsuite's founders and board of directors
Founder? Claim ProfileThe founders of Dropsuite are John Anthony Fearon, Charif El Ansari, Ron Hart and Ridley Ruth. Charif El-Ansari is the CEO of Dropsuite.
Here are the details of Dropsuite's key team members:
- John Anthony Fearon: Founder of Dropsuite and founder of 3 other companies, Kluje, Dropmyemail and Dropmysite. They serve on the boards of 3 companies.
- Charif El Ansari: Co-Founder & CEO of Dropsuite and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Ron Hart: Co-Founder & CTO of Dropsuite and founder of 1 other company.
- Ridley Ruth: Co-founder & COO of Dropsuite.
- Michiel Adriaan Wind: CEO of Dropsuite. They serve on the boards of 4 companies.
View details of Dropsuite's Founder profiles and Board Members
Dropsuite's employee count trend
Dropsuite has 152 employees as of Mar 26. Here is Dropsuite's employee count trend over the years:
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Dropsuite's Competitors and alternates
Top competitors of Dropsuite include Veritas Technologies, Code42 and IDrive. Here is the list of Top 10 competitors of Dropsuite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Veritas Technologies 1989, Mountain View (United States), Acquired | Cloud and AI based data governance software for enterprises | $18.6M | 65/100 | |
2nd | Code42 2001, Minneapolis (United States), Acquired | Cloud based endpoint data backup and security solution | $138M | 62/100 | |
3rd | IDrive 1995, Calabasas (United States), Series A | Cloud based storage and secure backup solution | $3M | 62/100 | |
4th | Provider of cloud-based data backup and recovery solutions for SaaS platforms | - | 58/100 | ||
5th | Smarsh 2001, Portland (United States), Acquired | Compliance management solutions | $6.68M | 61/100 | |
6th | Cloud based enterprise data backup management software | $89.9M | 61/100 | ||
7th | Cloud based data storage solutions provider | $392M | 60/100 | ||
8th | Cloud based platform offering MSP management solutions | - | 57/100 | ||
9th | Axcient 2006, Denver (United States), Acquired | Cloud-based business continuity management software provider | $98.7M | 57/100 | |
10th | Backblaze 2007, San Mateo (United States), Public | Cloud based platform offering storage management solutions | $5.3M | 56/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Dropsuite's competitors? Click here to see the top ones
Dropsuite's Investments and acquisitions
Dropsuite has acquired Orbitfiles. Dropsuite has not made any investments as of now.Reports related to Dropsuite
Here is the latest report on Dropsuite's sector:
News related to Dropsuite
Filter this listMedia has covered Dropsuite for a total of 11 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Southeast Asia Tech Funding Hits $2 Billion in H1 2025 as Late-Stage SurgesCrowdfund Insider•Jul 01, 2025•Digital Edge, Supabase, Thunes, Oasis Home and 12 others
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Tracxn : Sea Tech Holds Ground At $2b In 1h As Investors Bet Big On Late-stage Growth
TechNode•Jun 30, 2025•Supabase, Mirxes, Antalpha, Concorde Security and 14 others
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NinjaOne Completes Acquisition of SaaS Backup and Data Protection Leader Dropsuite for $270 MillionCIO Influence•Jun 02, 2025•NinjaOne, Dropsuite
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Tracxn: Sea Tech Startups Funding Up 30 Percent Quarter On Quarter To $909m In Q1 Of 2025TechNode•Mar 20, 2025•Dropsuite, NinjaOne, East Ventures, 500 Global and 7 others
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NinjaOne Enhances Endpoint Management for Better Digital Employee ExperienceSDxCentral•Mar 11, 2025•NinjaOne, Dropsuite, Topline Capital
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Dropsuite Reports Record Growth and Acquisition Proposal by NinjaOneTipRanks•Mar 01, 2025•Dropsuite, NinjaOne
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NinjaOne Secures $5 Billion Valuation and Additional $500 Million in Fundingpresseportal.de•Feb 24, 2025•NinjaOne, Dropsuite, ICONIQ Growth, CapitalG
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NinjaOne to acquire Dropsuite for $252 millionProactive Investors•Jan 29, 2025•NinjaOne, Dropsuite, Aguasdemanaus, BNDES
•
NinjaOne Enhances SaaS Solutions with Strategic Acquisition of DropsuiteWorld Business Outlook•Jan 28, 2025•NinjaOne, Dropsuite, Hexnode
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