Drop revenue hit $19M in 2024

Drop generates revenue from customers

Drop

Toronto, Ontario, Canada

About Company RevenueTeamFounder/CEOCEO Net Worth

How Drop hit $19M revenue with a 84 person team in 2023.

At Drop, we are dedicated to enhancing consumer lives through our personalized commerce platform that intelligently connects members with over 300+ partner brands. Utilizing machine learning, we prioritize earning and redeeming rewards as the core benefits for our 3 million+ members in North America and the UK. Based in Toronto with a global outlook, our team consists of top-tier professionals from varied backgrounds, spanning startups like Ritual and Shopify to behemoths like Amazon and Airbnb. Backed by renowned venture capital firms, our rapid growth is fueled by a culture of passion and collaboration, where every team member's voice is valued. If you're looking to be part of revolutionizing personal commerce and shaping the future of rewards, join us at Drop. Explore career opportunities at joindrop.com/careers.

Founded

2015

Founded

Revenue

$19M

2023 Revenue

YOY

-----

YOY

Funding

$56.2M

Funding

Drop Revenue

In 2023, Drop revenue run rate hit $19M in revenue.

  • 2023

    Drop hit $19M in revenue in 2023

  • 2015

    Drop launched in 2015 with $0 revenue

Drop Funding History


No funding has been reported for Drop yet.

Team

Drop has 84 total employees.

DISTRIBUTION QTY
Total team size 84

Founder / CEO

Derrick Fung

Q&A

  • What's your age?

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Customers

Churn

Drop Executives

Name Position Working Email Personal Email
Derrick Fung CEO - -

Drop Employees

Name Position Working Email Personal Email
Derrick Fung CEO - -

Frequently Asked Questions about Drop

  • When was Drop founded?

    Drop was founded in 2015.

  • How much revenue does Drop generate?

    Drop generates $19M in revenue.

  • Who is the CEO of Drop

    The CEO of Drop is Derrick Fung.

  • How much funding does Drop have?

    Drop raised $56.2M.

  • How many employees does Drop have?

    Drop has 84 employees.

  • Where is Drop headquarters?

    Drop is headquartered at Toronto, Ontario, Canada

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