Drip Capital

https://www.dripcapital.com/

Y Combinator // YC S15 starting 2015-06-01

Key notes: Drip Capital offers trade financing product targeted towards SMEs in developing markets.

Office address: 555 Bryant St., #356, Palo Alto, California, United States

Description: Drip Capital offers trade financing product targeted towards SMEs in developing markets. Its automated risk assessment model allows rapidly growing SMEs quick and easy access to finance. With a focus on technology, Drip aims to eliminate the hassle of paperwork and bureaucracy and create a seamless borrowing experience for its clients. The company consists of a team of financial consultants, engineers and analysts from Wharton, Stanford, and IITs with years of experience at Standard Chartered, Black Rock and Yahoo. They are backed by leading Silicon Valley investors - Y Combinator and StartX. They are always eager to connect with sharp minds to grow within their quest to becoming the future of global trade finance. Drip Capital was founded in 2015 and is headquartered in Palo Alto, California.

View details on Crunchbase:

http://www.crunchbase.com/organization/drip-capital

$ 100,120,000 over 7 funding rounds.

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Funding Rounds

Date	Name	$ Invested	Crunchbase link
2015-01-09	None		Detailed data
2019-07-24	B	$ 25,000,000	Detailed data
2015-08-18	None	$ 120,000	Detailed data
2019-07-23	None	$ 55,000,000	Detailed data
2018-06-21	A	$ 15,000,000	Detailed data
2018-06-21	None		Detailed data
2017-01-01	None	$ 5,000,000	Detailed data

Investors

Round Date	Round Name	Investor	Crunchbase Link