Dropsuite - About the company
Dropsuite is an acquired company based in Singapore (Singapore), founded in 2011 by Ron Hart. 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 688 active competitors, including 52 funded and 71 that have exited. Its top competitors include companies like Rubrik, Veeam and Acronis.
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
- 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
Investors
Ranked
34th among 688 active competitors
Employee Count
108 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by NinjaOne (Jan 28, 2025)
Legal entities associated with Dropsuite
Dropsuite is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DROPMYSITE INC. CIN: 473689008 , United States, Active | Dec 31, 1999 | - | 31 (As on Dec 31, 2024) | - |
DROPMYSITE PTE. LTD. UEN: 201135917D , Singapore, Active | Dec 18, 2011 | - | - |
Dropsuite's acquisition details
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 | 6329551 | Post IPO | 7906799 | 9196126 | 3655851 | 6942713 |
Feb 14, 2017 | 6523608 | Post IPO | 2665060 | 4614258 | 9133031 | |
Apr 25, 2013 | 5269241 | Post IPO | 8325889 | 8930315 | 2430835 |
View details of Dropsuite's funding rounds and investors
Dropsuite's founders and board of directors
Founder? Claim ProfileThe founders of Dropsuite is Ron Hart.
Here are the details of Dropsuite's key team members:
- Ron Hart: Co-Founder & CTO of Dropsuite and founder of 1 other company.
- 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 108 employees as of Aug 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 Rubrik, Veeam and Acronis. 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 | Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
2nd | Veeam 2006, Seattle (United States), Acquired | Provider of data resilience and cyber security solutions for enterprises | $1.04B | 78/100 | |
3rd | Acronis 2003, Schaffhausen (Switzerland), Acquired | Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity | $658M | 73/100 | |
4th | Cohesity 2013, San Jose (United States), Series F | Cloud and AI based enterprise data backup and management solutions | $810M | 72/100 | |
5th | Provider of cloud data protection and recovery for SaaS applications | $80.6M | 68/100 | ||
6th | AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | 67/100 | |
7th | Veritas Technologies 1983, Santa Clara (United States), Acquired | Provider of data management and cyber resilience solutions for enterprises | $18.6M | 67/100 | |
8th | Semperis 2013, Hoboken (United States), Series C | Provider of Active Directory and Entra ID security and recovery solutions | $368M | 66/100 | |
9th | Eon 2024, New York City (United States), Series D | Provider of cloud infrastructure for data protection and analytics access | $497M | 64/100 | |
10th | Smarsh 2001, Portland (United States), Acquired | Provider of communications data governance and archiving platform using artificial intelligence | $6.68M | 64/100 | |
34th | Provider of cloud-based data backup and recovery solutions for SaaS platforms | - | 52/100 |
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
Media has covered Dropsuite for 1 event in last 1 year.
•
NinjaOne acquires Dropsuite for $252M, raises $400M in secondary funding to boost A/NZ investmentReseller•Jul 21, 2026•Dropsuite, NinjaOne
•
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
•
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
•
NinjaOne Completes Acquisition of SaaS Backup and Data Protection Leader Dropsuite for $270 MillionCIO Influence•Jun 02, 2025•NinjaOne, Dropsuite
•
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
•
NinjaOne Enhances Endpoint Management for Better Digital Employee ExperienceSDxCentral•Mar 11, 2025•NinjaOne, Dropsuite, Topline Capital
•
Dropsuite Reports Record Growth and Acquisition Proposal by NinjaOneTipRanks•Mar 01, 2025•Dropsuite, NinjaOne
•
NinjaOne Secures $5 Billion Valuation and Additional $500 Million in FundingPresse Portal•Feb 24, 2025•NinjaOne, Dropsuite, ICONIQ Growth, CapitalG
•
•
NinjaOne to acquire Dropsuite for $252 millionProactive Investors•Jan 29, 2025•NinjaOne, Dropsuite, Aguasdemanaus, BNDES
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