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Valuation

$1B

2021 Revenue

$120M

Customers

150K

Funding

$107M

Avg ACV

$800

Team

426

Founded

2015

How Drift CEO Scott Ernst grew to $120M revenue and 150K customers in 2021.

Drift Inc., is a conversational marketing and sales platform that helps businesses connect with their customers in real-time. Drift offers a suite of tools that includes live chat, chatbots, email marketing, and other marketing automation features to help businesses engage with their website visitors and customers more effectively.

Last updated

Drift Revenue

In 2021, Drift's revenue reached $120M. The company previously reported $27M in 2018. Since its launch in 2015, Drift has shown consistent revenue growth.

Drift Revenue GrowthReported revenue / ARR over time$0$30M$60M$90M$120M$150M2015201620172018201920202021$0$27M$120MSource: GetLatka.com
YearMilestoneQuote
2021Drift Hit $120m revenue in September 2021
2018Drift Hit $27m revenue in April 2018
2015Launched with $0 revenue

Drift Valuation, Funding Rounds

Drift's most recent disclosed valuation is $1B.

Drift has raised $107M in total funding across 3 rounds, most recently a $60M Series C round in 2018.

Drift Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$25M$50M$75M$100M$125M201420152016201720182014 cumulative: $15M • 2014 Series A: $15M2015 cumulative: $15M • 2014 Series A: $15M • 2015 Founded: $02017 cumulative: $47M • 2014 Series A: $15M • 2015 Founded: $0 • 2017 Series B: $32M2018 cumulative: $107M • 2014 Series A: $15M • 2015 Founded: $0 • 2017 Series B: $32M • 2018 Series C: $60M$107M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Series C$60M--
2017Series B$32M--
2014Series A$15M--

Founder / CEO

Scott Ernst

Scott Ernst is listed as Founder / CEO at Drift.

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Customers

Drift serves 150K customers.

Drift Employees & Team Size

Drift employs approximately 426 people as of 2026, up from 321 in 2019, including 94 sales reps that carry a quota. It serves 150K customers that rely on its solutions.

Drift Team GrowthReported headcount over time010020030040050020142015201620172018201920201313426426Source: GetLatka.com
YearMilestone
2020Reached 426 employees (December 2020)
2020Reached 417 employees (June 2020)
2020Reached 422 employees (June 2020)
2019Reached 321 employees (December 2019)
2019Reached 350 employees (June 2019)
2018Reached 130 employees (April 2018)
2017Reached 55 employees (September 2017)
2017Reached 283 employees (May 2017)
2014Reached 13 employees (June 2014)

Frequently Asked Questions about Drift

What is Drift's revenue?

Drift generates $120M in revenue.

Who is the CEO of Drift?

The CEO of Drift is Scott Ernst.

How much funding does Drift have?

Drift raised $107M.

How many employees does Drift have?

Drift has 426 employees.

Where is Drift headquarters?

Drift is headquartered in Boston, Massachusetts, United States.

Compare Drift to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Drift Revenue 2021: $120M ARR, $1B Valuation