Cashdrop
Chicago, United States · Founded 2020 · $2.7M raised
- Headquarters
- Chicago, Illinois
- Employees
- 1–10
- Founded
- 2020
- Business Model
- B2B2C
- Website
- cashdrop.io
- Total Funding
- $2.7M
- Last Round
- $2.7M SeedAug 2020
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 4 investors for this company. The full record is or through the API.
About
Cashdrop is a technology company that provides a mobile-first, commission-free platform for e-commerce and point-of-sale operations. It enables businesses to create an online storefront directly from their mobile devices in minutes, without incurring monthly fees or commissions on sales. The platform serves a wide range of merchants, including restaurants, artists, and retailers, offering tools for creating menus, selling merchandise, and processing payments. It integrates with major payment processors like Stripe and PayPal, paying vendors directly to their bank accounts. Cashdrop's business model centers on offering the core platform for free, generating revenue from optional premium features and small fees on certain transaction types.
Summary
Cashdrop is an E-Commerce company based in Chicago, United States, founded in 2020. It has raised $2.7M in total across 1 round, most recently a $2.7M Seed round in Aug 2020. Investors include Harlem Capital, Founder Collective and Long Journey Ventures.
Funding History
Aug 2020
Investors
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