Drip Capital

Digital trade financing for small businesses

San Francisco Bay Area, India · Founded 2015 · $193.0M raised

Fintech
Lending
Trade Finance
YC S15
Employees
201–500
Founded
2015
Business Model
B2B
Total Funding
$193.0M
Last Round
$113.0M Venture RoundSep 2024
Rounds
4

About

Drip is a digital trade finance startup. Trade finance is an age-old paper-based industry dominated by banks that focus on large, established corporate customers. Today, however, small businesses account for 40% of trade, but still remain neglected by banks. Drip is using technology to re-build core parts of the trade finance infrastructure and make the underwriting and financing of B2B transactions seamless for small businesses. Our mission is to level the playing field for small businesses and to finance their trade at the click of a button. Drip consists of experts in both finance and technology and has offices in Palo Alto and Mumbai. Drip is backed by top tier investors Accel, Sequoia, Wing, Initialized and Y Combinator.

Summary

Drip Capital is a Fintech company based in San Francisco Bay Area, India, founded in 2015. It has raised $193.0M in total across 4 rounds, most recently a $113.0M Venture Round round in Sep 2024. Investors include Accel, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation.

Tech & App Stack

20 technologies & apps tracked

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Funding History

Venture RoundVenture RoundSep 2024
$113.0M

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Investors

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