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Drip Capital
Trade finance platform
- 201-500 employees
- Fintech
- B2B
- Lending
- Financial Services
- Ventura, Palo Alto, CA
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Company mission
To enable growing companies in all corners of the world to finance their cross-border trade at the click of a button.
Our take
Trade finance helps facilitate international trade, and protects both buyers and sellers form trade-related risk. However, it can be difficult for small and medium-sized enterprises (SMEs) to access the trade finance they need to scale their businesses. Drip Capital uses international trade data to deliver financing solutions for SMEs, enabling them to bridge the trade gap and grow beyond borders.
Drip Capital is tailored to SMEs; delivering finance collateral-free, with higher credit lines and cost effective pricing. Its 4-step application process means it is easy for businesses to access working capital quickly, for instance if they need to step up production due to unexpected peaks in demand. There are a few competitors Drip must contend with, but its focus on simplicity and speed should ensure it remains a top option in the space.
Drip Capital has seen significant investment to support its continued expansion, and is eyeing up new countries and territories. It has also persisted with the development and improvement of its offerings, including by partnering with companies such as Onfido and Vayana TradeXchange.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Budget for education
- Medical expenses insurance with extensive coverage
- 15 days of vacation
- Personal and personal development
- Flexible schedule
- Hybrid Work
- Opportunity to work with an amazing team
Company values
- Customer Obsession
- Insist on the Highest Standards
- Think Big and Bold
- Be Humble
- Ownership
- One Drip, one Happy team
- Thoughtful Bias towards Action
- Deliver Meaningful Results
Funding (last 2 of 6 rounds)
Sep 2024
$23m
LATE VC
Oct 2021
$40m
SERIES C
Total funding: $108.2m
This company has top investors
Leadership
Pushkar Mukewar
(CEO)Official Member of the Forbes Finance Council. Experience as an Investment Associate and Consultant.
Neil Kothari
(Board Member)Begun as Co-CEO of the company. Worked in Corporate Development at Cisco Systems.