Drip Capital IPO

Drip Capital was founded in 2014 by Pushkar Mukewar and Neil Kothari. The company has not publicly endorsed plans to participate in an IPO.

Drip Capital is an international trade finance platform for small to medium sized businesses. As of 2021, the company offers collateral-free financing options to businesses in the United States, India, and Mexico. Drip Capital has raised more than $525 million in venture capital funding from investors including TI Platform, Accel, Sequoia, Wing VC, Irongrey, and GC1 Holdings. The company did not disclose valuation figures following a $175 million fundraising round in 2021.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn More About Drip Capital

To invest in Drip Capital pre-IPO

Can you invest in Drip Capital pre-IPO?

Drip Capital is a privately held company and is not publicly traded, therefore investing in Drip Capital pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Drip Capital before it goes public?

You can seek to sell your shares in Drip Capital while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Drip Capital shares?

To determine the value of your Drip Capital shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Drip Capital shares. You can also learn more about how to sell your private shares before getting started.

Is Drip Capital a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Drip Capital potential IPO

Will Drip Capital go IPO?

Drip Capital has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Drip Capital’s IPO price?

The Drip Capital IPO price does not exist at this time, as Drip Capital is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Drip Capital register for Forge Markets, today.

When was Drip Capital founded?

Drip Capital was founded in 2014.

What is Drip Capital funding to date?

Drip Capital has raised $404.73MM to date.

Who are Drip Capital’s major investors?

GMO Payment Gateway
Wing Vc
Sequoia India
Y Combinator
Accel
Wing
Gmo Venture Partners
Ti Platform
Irongrey
Sequoia Capital India
Gc1 Holdings
Liquid 2 Ventures
Initialized Capital Management
Sumitomo Mitsui Banking Corporation
Sequoia
Startx (Stanford-Startx Fund)

Drip Capital Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/05/2024 Series C $63MM $xx.xx $347.55MM Accel, Gc1 Holdings, GMO Payment Gateway, Irongrey, Sequoia, Sumitomo Mitsui Banking Corporation, Ti Platform, Wing Vc
Price per Share
$xx.xx
Shares Outstanding
4,924,722
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Gc1 Holdings, GMO Payment Gateway, Irongrey, Sequoia, Sumitomo Mitsui Banking Corporation, Ti Platform, Wing Vc
07/24/2019 Series B $25MM $xx.xx $124.76MM Accel, Sequoia India, Wing, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
4,009,494
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Sequoia India, Wing, Y Combinator
06/20/2018 Series A $17.1MM $xx.xx $51.07MM Accel, Sequoia India, Wing
Price per Share
$xx.xx
Shares Outstanding
5,475,169
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel, Sequoia India, Wing
08/18/2015 Series Seed-1 $4.57MM $xx.xx $17.35MM Y Combinator
Price per Share
$xx.xx
Shares Outstanding
3,092,872
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
08/18/2015 Series Seed-2 $69,959.20 $xx.xx $17.35MM Y Combinator
Price per Share
$xx.xx
Shares Outstanding
74,314
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
08/18/2015 Series Seed-3 $246,942.36 $xx.xx $17.35MM Y Combinator
Price per Share
$xx.xx
Shares Outstanding
229,543
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
08/18/2015 Series Seed-4 $59,999.41 $xx.xx $17.35MM Y Combinator
Price per Share
$xx.xx
Shares Outstanding
49,574
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
08/18/2015 Series Seed-5 $99,998.79 $xx.xx $17.35MM Y Combinator
Price per Share
$xx.xx
Shares Outstanding
75,108
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
Updated on: Dec 21, 2024

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