Tech Company Financing Transactions

Drop Funding Round

On 1/31/2018, Drop received $21 million in Series A funding from New Enterprise Associates, ff Venture Capital and Portag3 Ventures.

Transaction Overview

Company Name
Announced On
1/31/2018
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Proceeds Purpose
Proceeds will be used for the firm's growth initiatives.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
110 E 25th St.
New York, NY 10010
USA
Phone
Undisclosed
Email Address
Overview
Drop is a rewards focused startup operating in the FinTech space.
Profile
Drop LinkedIn Company Profile
Social Media
Drop Company Twitter Account
Company News
Drop News
Facebook
Drop on Facebook
YouTube
Drop on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Derrick Fung
  Derrick Fung LinkedIn Profile  Derrick Fung Twitter Account  Derrick Fung News  Derrick Fung on Facebook
Chief Marketing Officer
Esther Park
  Esther Park LinkedIn Profile  Esther Park Twitter Account  Esther Park News  Esther Park on Facebook
Chief Technical Officer
Darren Fung
  Darren Fung LinkedIn Profile  Darren Fung Twitter Account  Darren Fung News  Darren Fung on Facebook
VP - Bus. Development
Matthew Himel
  Matthew Himel LinkedIn Profile  Matthew Himel Twitter Account  Matthew Himel News  Matthew Himel on Facebook
VP - Engineering
Cameron Dearsley
  Cameron Dearsley LinkedIn Profile  Cameron Dearsley Twitter Account  Cameron Dearsley News  Cameron Dearsley on Facebook
VP - Engineering
Ian Logan
  Ian Logan LinkedIn Profile  Ian Logan Twitter Account  Ian Logan News  Ian Logan on Facebook
VP - Operations
Ernest Chi
  Ernest Chi LinkedIn Profile  Ernest Chi Twitter Account  Ernest Chi News  Ernest Chi on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/31/2018: Cake Technologies venture capital transaction
Next: 1/31/2018: Mnubo venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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