Tech Company Financing Transactions
Drips Holdings Funding Round
CIBC Innovation Banking participated in a funding round for Drips Holdings. This venture round closed on 2/29/2024.
Transaction Overview
Company Name
Announced On
2/29/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to bolster product development and facilitate expansion into diverse industry verticals within U.S. markets.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
100 West Cypress Creek Road 700
Fort Lauderdale, FL 33309
USA
Fort Lauderdale, FL 33309
USA
Phone
Website
Email Address
Overview
Today's consumer has an infinite choice in how they communicate. Expectations and preferences for communication have evolved and brands are trying to figure out how to keep up. That's why Drips was born. We exist to communicate with customers on behalf of brands using a combination of dialing programs and Conversational Texting®, giving control back to the consumer. We call this enabling Conversations at ScaleSM. We help brands increase engagement, drive more sales, create transformation in their operations, and retain more customers through the Drips platform.
Management Team
Title
Name
Email & Social
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