What is Drip?
Drip is an ECRM (Ecommerce Customer Relationship Management) platform engineered to foster personal and profitable customer relationships at scale. Based in Minneapolis, MN, the company provides businesses with the tools to enhance customer engagement and loyalty within the ecommerce sector. The recent strategic investment signals a pivotal moment for Drip, likely enabling further development and market expansion of its relationship-building technology.
How much funding has Drip raised?
Drip has raised a total of $1M across 1 funding round:
Angel/Seed
$1M
Angel/Seed (2015): $1M with participation from Expa, Collaborative Fund, and Brooklyn Bridge Ventures
Key Investors in Drip
Expa
Expa is an incubator and venture studio founded by Uber co-founder Garrett Camp, dedicated to helping entrepreneurs build and launch new companies by providing capital, expertise, and network access.
Collaborative Fund
Collaborative Fund is a venture capital firm managing over $500 million, focused on investing in entrepreneurs who are advancing the world, with a history of early investments in notable companies.
Brooklyn Bridge Ventures
Brooklyn Bridge Ventures is a venture capital firm operating in the early-stage investment space, known for supporting companies with a focus on technology and innovation.
What's next for Drip?
With a foundation built on strategic capital, Drip is poised for accelerated growth. The company's focus on deepening customer relationships through its ECRM solutions positions it to capitalize on the increasing demand for personalized ecommerce experiences. Future initiatives will likely involve enhancing platform capabilities, expanding its user base, and solidifying its market presence as a leader in ecommerce customer engagement.
See full Drip company page