Tech Company Financing Transactions

Drip Drop Funding Round

Drip Drop closed a $5.6 million funding round on 8/14/2014. Investors included Aurum Ventures MKI and private investors.

Transaction Overview

Company Name
Drip Drop
Announced On
8/14/2014
Transaction Type
Venture Equity
Amount
$5,600,000
Round
Undisclosed
Investors

Aurum Ventures MKI (Brano Perkovitch)

private investors (Bob Weir)

private investors (Joe Satriani)

private investors (Sammy Hagar)

private investors (Seth Taube)

Proceeds Purpose
The new financing will support DripDrop's continued national rollout to retail pharmacies and hospitals, following DripDrop's recent placement on the shelves of more than 100 H-E-B stores, the family-owned retailer with stores in Texas and Mexico. Further national retailers will be announced in the coming weeks, expected to bring DripDrop to the shelves of more than 15,000 retail locations nationwide.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
1144 65th St. C
Oakland, CA 94608
USA
Phone
(800) 761-0321
Website
www.dripdrop.com
Email Address
[email protected]
Overview
Fix dehydration fast with DripDrop's hydration powder. Available in lemon and berry.
Profile
Drip Drop LinkedIn Company Profile
Social Media
Drip Drop Company Twitter Account
Company News
Drip Drop News
Facebook
Drip Drop on Facebook
YouTube
Drip Drop on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Lucy Leahy
  Lucy Leahy LinkedIn Profile  Lucy Leahy Twitter Account  Lucy Leahy News  Lucy Leahy on Facebook
Founder
Eduardo Dolhun
  Eduardo Dolhun LinkedIn Profile  Eduardo Dolhun Twitter Account  Eduardo Dolhun News  Eduardo Dolhun on Facebook
VP - Marketing
Debbie Kristofferson
  Debbie Kristofferson LinkedIn Profile  Debbie Kristofferson Twitter Account  Debbie Kristofferson News  Debbie Kristofferson on Facebook
VP - Product Management
Kelly Gervin
  Kelly Gervin LinkedIn Profile  Kelly Gervin Twitter Account  Kelly Gervin News  Kelly Gervin on Facebook

 

 

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Prev: 8/14/2014: Beautified venture capital transaction
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Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 

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