Fundz

Dripos raises $11M in Series A funding led by Base10 Partners to replace Square, Toast and 8 other pieces of software

PRIVATEApr 24, 2024

Amount Raised

$11 Million

Round Type

Series A

New YorkSoftwareSaaS

Investors

Ian CrosbyShyam RaoMichael SiebelBase10 Partners

Description

Dripos, founded by Jack Pawlik and Avery Durrant, secured $11 million in Series A funding to further develop their comprehensive tool for coffee shops, replacing existing point-of-sale, mobile payment, and administrative software.

Quick answer

Dripos raised $11 Million in a Series A round, dated April 24, 2024. Investors: Ian Crosby, Shyam Rao, Michael Siebel and Base10 Partners. Dripos is based in New York, New York, United States.

How much did Dripos raise?
Dripos raised $11 Million in a Series A round on April 24, 2024.
Who invested in Dripos?
Ian Crosby, Shyam Rao, Michael Siebel and Base10 Partners are named as investors in this round.
What does Dripos do?
Dripos is a New York-based coffee shop software company founded in 2019, offering a comprehensive tool that replaces multiple pieces of software for point-of-sale, mobile payments, employee management, payroll, loyalty..
Where is Dripos based and how big is it?
Dripos is based in New York, New York, United States.
Who are the decision-makers at Dripos?
Fundz holds 1 contact at Dripos. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

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

  • Inventive raised $6.5M (Seed) on June 5, 2024.
  • Hoop raised $5M (Seed) on June 5, 2024.
  • Vantage Discovery raised $16M (Series A) on June 5, 2024.
  • McEasy raised $11M (Series A) on June 5, 2024.
  • Better HR raised an undisclosed amount (Funding Round) on June 5, 2024.
  • Seqana raised $2.3M (Seed) on June 5, 2024.

Who to call at Dripos, and when

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

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

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Company Information

Company

Dripos

Location

New York, New York, United States

About

Dripos is a New York-based coffee shop software company founded in 2019, offering a comprehensive tool that replaces multiple pieces of software for point-of-sale, mobile payments, employee management, payroll, loyalty and marketing automation, and administrative functions.

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Fundz sees it the moment Dripos raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Dripos raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, 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.