Tech Company Financing Transactions

Drip Capital Funding Round

East West Bank, International Finance and GMO Payment Gateway joined a $113 million funding round for Drip Capital. The round was announced on 9/5/2024.

Transaction Overview

Company Name
Announced On
9/5/2024
Transaction Type
Venture Equity
Amount
$113,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds for market expansion and to support the development of new products.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
555 Bryant St. 356
Palo Alto, CA 94301
USA
Email Address
Overview
Drip Capital provides financing for small businesses by looking at orders they have yet to fulfill and giving them money they need to fulfill them. For example, an upstart potato chip manufacturer got its break by landing placement in Whole Foods, and Drip provided the capital to help the manufacturer deliver on the order.
Profile
Drip Capital LinkedIn Company Profile
Social Media
Drip Capital Company Twitter Account
Company News
Drip Capital News
Facebook
Drip Capital on Facebook
YouTube
Drip Capital on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Neil Kothari
  Neil Kothari LinkedIn Profile  Neil Kothari Twitter Account  Neil Kothari News  Neil Kothari on Facebook
Chief Executive Officer
Pushkar Mukewar
  Pushkar Mukewar LinkedIn Profile  Pushkar Mukewar Twitter Account  Pushkar Mukewar News  Pushkar Mukewar on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/5/2024: ZipBio venture capital transaction
Next: 9/5/2024: Laravel venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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