Dropeerevenue & funding
Other Supply & Logistics SoftwareKuala Lumpur, MalaysiaFounded 2020CEO Lennise Ng
Dropee is a SaaS-enabled marketplace that connects brands like Unilever and Nestle with local retail
- Customers
- 50K
Dropee revenue
Dropee has not published its revenue. GetLatka estimates it at about $13.9M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jan 2021 | $4.3M | – |
| Dec 2023 | $5.8MEST | GetLatka estimate |
| Oct 2024 | $13.9MEST | GetLatka estimate |
– source not recorded
Dropee funding rounds & investors
Dropee has raised $8.9M across seven rounds since 2017. The latest was a $3M Series A in January 2022.
| Date | Round | Raised |
|---|---|---|
| Jan 2022 | Series A | $3M |
| Jan 2022 | Debt Financing | $4M |
| Jul 2020 | Seed | $1.3M |
| Jan 2019 | Seed | $350K |
| Dec 2017 | Grant | $119.4K |
| Mar 2017 | Grant | $35.8K |
| 2017 | Pre-Seed | $71.6K |
| Total raised | $8.9M |
Dropee competitors
Dropee competes most directly with Faire and Orderchamp.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Faire | $117.1M | $436M | 1,482 | – | 2017 |
| Dropee | $13.9M | $8.9M | 155 | 50K | 2020 |
 Orderchamp | $6.1M | – | 46 | 2K | 2019 |
Dropee CEO, founders & employees
Lennise Ng founded Dropee in 2020 and runs it as CEO. Dropee had 155 employees (December 2024, LinkedIn), up from 74 a year earlier.
- Lennise NgFounder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 155 | |
| Oct 2024 | 137 | |
| Dec 2023 | 74 | |
| Dec 2022 | 69 | |
| Jan 2022 | 62 | – |
| Dec 2021 | 66 | |
| Jan 2021 | 44 | – |
Dropee FAQ
What is Dropee's revenue?
GetLatka estimates Dropee's revenue at about $13.9M a year (October 2024). The company hasn't published its own figure.
How much funding has Dropee raised?
Dropee has raised $8.9M across seven funding rounds. The latest was a $3M Series A in January 2022.
How many employees does Dropee have?
Dropee had 155 employees in December 2024, according to LinkedIn.
Who is the CEO of Dropee?
Lennise Ng is the CEO of Dropee and founded the company in 2020.
Who founded Dropee?
Lennise Ng founded Dropee in 2020.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Dec 20, 2024Data disclaimerReport a correctionClaim this profileRun Dropee? Join the podcast