Drips
PrivateLast Round
Debt
Feb 28, 2024
Company Overview
Drips is a technology company that provides a "Conversations as a Service" (CaaS) platform. It utilizes an AI-powered system to enable brands to engage with their customers through human-like, two-way conversations at scale, primarily using SMS, scheduled calls, and voicemail. The platform is designed to improve customer engagement, capture intent, and drive business outcomes for various industries, including healthcare, insurance, financial services, and education. The company was founded in 2016 and received strategic investments from Accel-KKR and Blue Venture Fund in 2021.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, Customer Experience, Marketing, Compliance
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Drips Comps
Public and private peers based on sector, stage, and business model.
Drips Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Feb 28, 2024 | ||||
| Growth Equity | Oct 18, 2021 | ||||
| Private Equity | Jul 28, 2021 |
Key People
Founding team and executive leadership
Drips Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Accel-KKR | Private Equity |
| Blue Cross Blue Shield Association | Growth Equity |
| CIBC Innovation Banking | Debt |
| Blue Venture Fund | Growth Equity |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 17, 2025
Added Palomarr, a manufacturing/packaging startup, as a customer.
Drips Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Drips's valuation, stock price, and market status.
