Tech Company Financing Transactions
Drip Capital Funding Round
Drip Capital, based in Palo Alto, secured $15 million in investment from Accel Partners, Sequoia India and private investors.
Transaction Overview
Company Name
Announced On
6/26/2018
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
With the recent funding, the California-based fintech startup plans to scale up operations in India and replicate the model in other geographies.
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
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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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