# Drop funding: rounds and investors

> Drop has raised $29M across 8 rounds since 2014. Investors include Innovation Works, VegasTechFund and Frontline Ventures. Every round with its source.

Source: https://millionrounds.com/company/drop (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Drop*

8 rounds we have observed, with the 24 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & Adtech Fintech

Funding summary Updated 26 Oct 2026

**$29M** raised across 8 rounds since 2014, from 9 sources

**$2.0M** Seed **$138K** Seed **$1.5M** Seed **$21M** Series A **$4.0M** Seed

- **Latest round:** Seed, $4.0M Oct 2024
- **Biggest round:** $21M Series A · Jan 2018
- **Investors:** 24 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020 2022 2024

**$2.0M** Seed

**$138K** Seed

**$21M** Series A

**?** Venture

**?** Venture

**?** Venture

**$4.0M** Seed

- **First round:** Seed, $2.0M
- **Biggest round:** $21M
- **Usual gap between rounds:** 13 months

## The rounds

- **Oct 2024** Seed **$4.0M** *1 new* [CoinFund](https://millionrounds.com/fund/coinfund) Source recorded
- **Sept 2023** Venture **Amount undisclosed** *3 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Speedinvest](https://millionrounds.com/fund/speedinvest) [Motier Ventures](https://millionrounds.com/fund/motier-ventures) Source recorded
- **Jan 2023** Venture **Amount undisclosed** *1 new* [Outlier Ventures](https://millionrounds.com/fund/outlier-ventures) Source recorded
- **Apr 2021** Venture **Amount undisclosed** *3 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Gaingels](https://millionrounds.com/fund/gaingels) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [HOF Capital](https://millionrounds.com/fund/hof-capital) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) Source recorded
- **Jan 2018** Series A **$21M** *10 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [SVB Capital](https://millionrounds.com/fund/svb-capital) [ff Venture Capital](https://millionrounds.com/fund/ff-venture-capital) [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [White Star Capital](https://millionrounds.com/fund/white-star-capital) [Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) [Satish Kanwar](https://millionrounds.com/fund/satish-kanwar) [Allen/Eva Lau](https://millionrounds.com/fund/allen-eva-lau) [Rogue Insight Capital](https://millionrounds.com/fund/rogue-insight-capital) NEA/ Sierra Reported by Firms' own news pages and 1 other
- **Oct 2014** Seed **$1.5M** *1 new* *4 returning* [Innovation Works](https://millionrounds.com/fund/innovation-works) [VegasTechFund](https://millionrounds.com/fund/vegastechfund) [Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) [PCH International](https://millionrounds.com/fund/pch-international) From a historical funding record
- **Mar 2014** Seed **$138K** *5 returning* [Innovation Works](https://millionrounds.com/fund/innovation-works) [VegasTechFund](https://millionrounds.com/fund/vegastechfund) [Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) [PCH Capital](https://millionrounds.com/fund/pch-capital) From a historical funding record
- **Jan 2014** Seed **$2.0M** *5 new* [Innovation Works](https://millionrounds.com/fund/innovation-works) [VegasTechFund](https://millionrounds.com/fund/vegastechfund) [Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) [PCH Capital](https://millionrounds.com/fund/pch-capital) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Seed** 2014 **Seed** 2014 **Series A** 2018 **Venture** 2021 **Venture** 2023 **Venture** 2023 **Seed** 2024 [Innovation Works](https://millionrounds.com/fund/innovation-works) [VegasTechFund](https://millionrounds.com/fund/vegastechfund) [Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) [WI Harper Group](https://millionrounds.com/fund/wi-harper-group) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) [PCH Capital](https://millionrounds.com/fund/pch-capital) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Gaingels](https://millionrounds.com/fund/gaingels) [SVB Capital](https://millionrounds.com/fund/svb-capital)

## Everyone who backed them

[Innovation Works](https://millionrounds.com/fund/innovation-works) Government **3** rounds

[VegasTechFund](https://millionrounds.com/fund/vegastechfund) Private equity **3** rounds

[Frontline Ventures](https://millionrounds.com/fund/frontline-ventures) VC firm **3** rounds

[WI Harper Group](https://millionrounds.com/fund/wi-harper-group) VC firm **3** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds, led 1

[Sierra Ventures](https://millionrounds.com/fund/sierra-ventures) VC firm **2** rounds

[PCH Capital](https://millionrounds.com/fund/pch-capital) VC firm **2** rounds

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Speedinvest](https://millionrounds.com/fund/speedinvest) VC firm **1** round

[ff Venture Capital](https://millionrounds.com/fund/ff-venture-capital) VC firm **1** round

[White Star Capital](https://millionrounds.com/fund/white-star-capital) VC firm **1** round

[Outlier Ventures](https://millionrounds.com/fund/outlier-ventures) Accelerator **1** round

[HOF Capital](https://millionrounds.com/fund/hof-capital) VC firm **1** round

[Radical Ventures](https://millionrounds.com/fund/radical-ventures) VC firm **1** round

[CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round

[Motier Ventures](https://millionrounds.com/fund/motier-ventures) Family office **1** round

[Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) VC firm **1** round

[PCH International](https://millionrounds.com/fund/pch-international) VC firm **1** round

[Satish Kanwar](https://millionrounds.com/fund/satish-kanwar) Angel **1** round

[Allen/Eva Lau](https://millionrounds.com/fund/allen-eva-lau) VC firm **1** round

[Rogue Insight Capital](https://millionrounds.com/fund/rogue-insight-capital) VC firm **1** round

NEA/ Sierra no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=drop).

## Quick answers about Drop

### Who invested in Drop?

Drop's investors include Innovation Works, VegasTechFund, Frontline Ventures, WI Harper Group and New Enterprise Associates, and 19 more on record.

### How much has Drop raised?

Drop has raised $29M across 8 rounds since 2014. 3 rounds did not disclose an amount, so the total is a floor.

### When did Drop last raise?

Drop's most recent round was a Seed of $4.0M in Oct 2024.

### What was Drop's biggest round?

Drop's largest round on record is $21M (Series A), in Jan 2018, led by New Enterprise Associates.

### Who backed Drop first?

Drop's first round on record, in Jan 2014, was backed by Innovation Works, VegasTechFund and Frontline Ventures and 2 others.

### What stage is Drop at?

Drop's latest named round is a Seed, in Oct 2024.

### Where is Drop based?

Drop is based in the United States.

### Who led Drop's rounds?

New Enterprise Associates led the Series A in 2018.

## Companies like Drop

In the same sector, and raised in the last eighteen months.

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