Fundz

Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivables Financing Transactions

PRIVATEJan 14, 2021

Amount Raised

$1 Billion

Round Type

Funding Round

Palo AltoCommerce and ShoppingFinancial ServicesLending And Investments

Description

Drip Capital has reached a major company milestone; financing over US$ 1B of cross-border trade through its platform. The global fintech company provides working capital solutions to small and medium-sized importers (SMBs) in the United States and exporters in emerging markets like India and Mexico.

Quick answer

DRIP CAPITAL raised $1 Billion in a Funding Round round, dated January 14, 2021. DRIP CAPITAL is based in Palo Alto, California, United States.

How much did DRIP CAPITAL raise?
DRIP CAPITAL raised $1 Billion in a Funding Round round on January 14, 2021.
What does DRIP CAPITAL do?
Drip Capital is a fintech company that is transforming global trade finance.
Where is DRIP CAPITAL based and how big is it?
DRIP CAPITAL is based in Palo Alto, California, United States. Fundz records about 380 employees.
Who are the decision-makers at DRIP CAPITAL?
Fundz holds 2 contacts at DRIP CAPITAL, including the CEO and Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

Companies in the same sectors as DRIP CAPITAL that raised within 45 days of this round, from Fundz verified event records.

  • Upbound Group raised $377M on February 17, 2021.
  • PolySign, Inc. raised $7.7M on January 12, 2021.
  • Cross River raised an undisclosed amount (Funding Round) on January 6, 2021.
  • Clearlake Capital raised an undisclosed amount (Corporate Round) on January 5, 2021.
  • Stord raised $32M on December 4, 2020.
  • Forum Markets Incorporated raised $12M on February 26, 2021.

Who to call at DRIP CAPITAL, and when

A new round usually means DRIP CAPITAL is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DRIP CAPITAL raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DRIP CAPITAL, from your own LinkedIn network

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Company Information

Company

DRIP CAPITAL

Location

Palo Alto, California, United States

About

Drip Capital is a fintech company that is transforming global trade finance. Drip Capital offers digitized trade financing solutions in markets like US, India and Mexico by providing small and medium business (SMBs) clients access to working capital and currently works with over 3,500 sellers and buyers across 80+ countries. The company acts as a strategic financial partner to these SMBs, allowing them to effectively manage their cash flows/working capital to accelerate sustainable business growth. Drip Capital was honored as a CB Insights Top 250 Global Fintech Company in 2020. For further information on Drip Capital, please visit www.dripcapital.com

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Related People

2 contacts
Verified contactsPushkar M., CEO and Founder hidden hiddenSee plans and pricing
Predictive Intelligence
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DRIP CAPITAL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.