Drop
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Drop

https://www.joindrop.com/
Last activity: 01.02.2023
Tags:AppB2CBuildingCommerceITMobilePersonalPlatformShopTime
At Drop, we’re on a mission to level-up consumer lives, one reward at a time. Through our personalized commerce platform, we intelligently surface the right brands, at the right time, to make our members’ every day a level better than it was before. Powered by machine learning, we match consumers with our over 400+ partner brands to satisfy two main goals: to earn points from their purchases and redeem them for instant rewards. Calling Toronto home but operating under a global mindset, Drop is building the next level experience for our 4 million+ members across North America, and most recently, the UK. Drop is comprised of top-tier, passionate, and diverse talent from a wide range of professional backgrounds, including fellow startups like Ritual and Shopify, to Fortune 500 companies like Amazon, Microsoft, Goldman Sachs, and Airbnb. We’re backed by top venture capital firms from Silicon Valley, as well as Canadian and global funds who’ve invested in now-household names, including Dollar Shave Club, Robinhood, Groupon, Snapchat, and more. We move quickly, but always ensure every voice at Drop is heard. Our culture is shaped by passion, hustle, and people who actually enjoy coming into work every day. Join us in revolutionizing personal commerce and building a next level rewards experience for everyone. Careers at Drop: https://www.joindrop.com/careers
Mentions
11
Location: Canada, Ontario, Toronto
Employees: 51-200
Total raised: $44M
Founded date: 2015

Investors 4

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
30.08.2019Series B$44M-finsmes.co...

Mentions in press and media 11

DateTitleDescriptionSource
01.02.2023Make Extra Money Without Sacrificing Your Time with These 25...If you want to build wealth, you’ll need to earn money while you sleep. The only way to do this? Gen...readwrite....
03.12.2021Purpose and Drop Partner to Launch New Cryptocurrency Reward...TORONTO, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”), a world leader in d...globenewsw...
03.12.2021Purpose and Drop Partner to Launch New Cryptocurrency Reward...TORONTO, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”), a world leader in d...marketscre...
23.01.2021How VCs and founders see 2021 differentlyWelcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly base...techcrunch...
06.10.2020Why are Goldman Sachs & WSJ using Cardify.ai data from D...Over the past few months, the Wall Street Journal and Goldman Sachs have begun to use Drop’s Cardify...sierravent...
14.07.2020Swyft raises $3 million CAD to expand same-day delivery soft...Toronto-based digital logistics startup Swyft, which connects merchants to existing courier networks...betakit.co...
22.08.2019Drop raises $44 million to reward loyal shoppers with gift c...Drop, a coalition customer loyalty company headquartered in Toronto, Canada, today announced that it...venturebea...
22.08.2019Drop Closes $44M Series B Funding RoundDrop, a Toronto, Canada-based personalized mobile rewards platform for shoppers to earn on everyday ...finsmes.co...
22.08.2019Drop raises $44 million to reward loyal shoppers with gift c...Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn m...venturebea...
22.08.2019A $44M Series B Drop in the bucket for millennial loyaltyCommerce and marketing are radically changing these days. Consumers are increasingly looking for bra...techcrunch...
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