Tech Company Financing Transactions
Drip Capital Funding Round
Drip Capital, based in Palo Alto, raised $120 thousand from Y Combinator.
Transaction Overview
Company Name
Announced On
8/19/2015
Transaction Type
Accelerator
Amount
$120,000
Round
Seed
Investors
Proceeds Purpose
The company will use the proceeds to accelerate its initial development.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
555 Bryant St. 356
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Neil Kothari
Chief Executive Officer
Pushkar Mukewar
Browse more venture capital transactions:
Prev: 8/19/2015: Amplyx Pharmaceuticals venture capital transaction
Next: 8/19/2015: HyperVerge venture capital transaction
Share this article
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.
Additional Resources for Entrepreneurs