Drip Capital Raises $175M To Build A Tech-Enabled Global Trade Facilitation Platform
Amount Raised
$175 Million
Round Type
Funding Round
Palo AltoCommerce and ShoppingFinancial ServicesLending And InvestmentsDescription
Drip Capital, Inc. (Drip Capital), a leading digital cross-border trade finance platform for small and medium businesses (SMBs), announces that it has raised $175 million in fresh capital to power its next phase of growth. Funds raised include a $40 million Series C investment and $135 million in warehouse debt facilities. To date, with this fundraise, Drip Capital has raised about $525 million in equity and debt funding.
Quick answer
DRIP CAPITAL raised $175 Million in a Funding Round round, dated October 28, 2021. DRIP CAPITAL is based in Palo Alto, California, United States.
- How much did DRIP CAPITAL raise?
- DRIP CAPITAL raised $175 Million in a Funding Round round on October 28, 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.
- Beeline Holdings raised an undisclosed amount (Series A) on December 9, 2021.
- Paerpay raised $4.2M (Seed) on December 9, 2021.
- My Land raised an undisclosed amount (Debt Financing) on December 7, 2021.
- Tyme raised $70M (Series B) on December 7, 2021.
- People Fund Company raised an undisclosed amount (Series C) on December 3, 2021.
- Sadot Group raised $15M on December 3, 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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Related People
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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