What is Drip?
Drip is an Ecommerce CRM (ECRM) platform headquartered in Minneapolis, MN. The company specializes in empowering businesses to cultivate deep, profitable relationships with their customer base through personalized engagement strategies. Its core offering focuses on scaling these interactions, making it a key player for online retailers seeking to enhance customer loyalty and lifetime value.
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 Brooklyn Bridge Ventures, Collaborative Fund, and Expa
Key Investors in Drip
Brooklyn Bridge Ventures
Brooklyn Bridge Ventures is a venture capital firm known for its investments in early-stage companies, likely focusing on innovative technology solutions.
Collaborative Fund
Collaborative Fund is a venture capital firm with a significant asset base, investing in companies that aim to improve the world, with a history of backing successful consumer and technology ventures.
Expa
Expa is an early-stage venture fund and company builder, founded by Uber co-founder Garrett Camp, dedicated to helping entrepreneurs launch and scale new ventures.
What's next for Drip?
The recent major strategic investment signals a pivotal growth phase for Drip. This capital infusion is expected to fuel product development, expand market reach, and enhance its ECRM capabilities. As the company continues to scale, its focus will likely remain on deepening customer engagement tools and solidifying its market leadership in the ecommerce relationship management sector.
See full Drip company page