About the company
Valuation
$330.00M
Country
USA
Founded
2015
Lead investors
TI Platform Management
Barclays Investment Bank
Business highlights
Drip has financed over 50,000 trade transactions worth $2.8+ billion since 2015, covering over 5000 recipients from 105 countries.
Platform clients receive an unsecured loan for up to 80% of their working capital. The company evaluates borrowers and their transactions using its risk management system built on machine learning.
Drip Capital offers lines of credit ranging from $100,000 to $2.5 million, depending on the size of the business and its requirements. Companies can receive a loan on the platform two days after completing the documents.
Funding rounds
Management
Co-Founder
Neil Kothari
Co-Founder
Pushkar Mukewar
Deal terms
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