Drip Capital Funding & Investors
Palo Alto, CA
Drip Capital offers trade financing product targeted towards SMEs in developing markets. Its automated risk assessment model allows rapidly growing SMEs quick and easy access to finance. With a focus on technology, Drip aims to eliminate the hassle of paperwork and bureaucracy and create a seamless borrowing experience for its clients. The company consists of a team of financial consultants, engineers and analysts from Wharton, Stanford, and IITs with years of experience at Standard Chartered, Black Rock and Yahoo. They are backed by leading Silicon Valley investors - Y Combinator and StartX. They are always eager to connect with sharp minds to grow within their quest to becoming the future of global trade finance. Drip Capital was founded in 2015 and is headquartered in Palo Alto, California.
dripcapital.comTotal Amount Raised: $415,120,000
Drip Capital Funding Rounds
Debt Financing
$40,000,000
Debt Financing Investors
International FinanceSeries C
$40,000,000
Series C Investors
TI Platform ManagementAccel PartnersPeak XV PartnersWing Venture ManagementIrongreyGC1 VenturesSand Hill AngelsDebt Financing
$135,000,000
Debt Financing Investors
Barclays Investment BankEast West BankDebt Financing
$40,000,000
Debt Financing Investors
East West BankDebt Financing
$60,000,000
Series B
$25,000,000
Series B Investors
Accel PartnersY CombinatorWing Venture ManagementPeak XV PartnersGC1 VenturesAbstract VenturesBragiel BrothersDebt Financing
$55,000,000
Series A
$15,000,000
Series A Investors
Accel PartnersPeak XV PartnersWing Venture ManagementY CombinatorSeed
$5,000,000
Seed Investors
Accel PartnersWing Venture ManagementY CombinatorLouis BerylCaffeinated CapitalSam HodgesLiquid 2 VenturesJake GibsonMatt HumphreyInitialized CapitalDan BragielAbstract VenturesFour Cities CapitalCSC Upshot VenturesSeed
$120,000
Seed Investors
Y Combinator