Drift Stock

drift.comAdvertising/​MarketingFounded: 2015Funding to Date: $143.9MM

Drift is an energy retailer providing green energy with a unique mix of locally-sourced solar, wind, and run-of-river hydro.

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Enterprise Value (based on primary financings)

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Team

Management Team

David Cancel
Co-Founder & Chief Executive Officer
Elias Torres
Co-Founder & Chief Technology Officer
Daniel Murphy
Director of Product Marketing
Alex Lemieux
Executive
Pablo Fernandez
Frontend Engineer
David Vital
Senior Director, Finance
Dave Gerhardt
Vice President, Marketing
Julie Hogan
Vice President of Customer Success and Services
Will Collins
Vice President, Operations
Craig Daniel
Vice President, Product
Armen Zildjian
Vice President, Sales
Ryan Heavey
Conversational Sales Advisor

Board Members

Mike Volpe
Lola.com
Tom Wentworth
RapidMiner
Michael Troiano
G20 Ventures
Izhar Armony
CRV
Patrick Grady
Sequoia Capital
Julia Austin

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News

Drift, the company that claims to be the originator of the currently trending conversational marketing IT sector, yesterday unveiled its Conversation Cloud. A mashup of the company’s three core software packages: Conversational Marketing, Conversational Sales and newly launched Conversational Service. 
Co-founder and CEO David Cancel did say the SaaS company saw 70% growth in its annual recurring revenue (ARR) in 2020 compared to the year prior and is on target for a similar metric this year. It is not yet profitable, as it is focused on growth, he added.
PTC  has been recognized as a SiriusDecisions Program of the Year winner for the company's Revenue Orchestration and Intelligence Engine (ROI Engine) initiative, a collaborative effort involving 6sense, Drift, and People.ai.