Founded 2016
Headquarters Palo Alto, California
Operates in United States, India, Mexico and the UAE
Ownership Private, VC-backed by Accel, Peak XV, Wing and Y Combinator
Funding range Purchase order financing up to $3,000,000 per order
Repayment Collateral-free; purchase order financing repaid in 30 to 90 days, factoring advances 80% of invoice value repaid when the customer pays
Security Unsecured and collateral-free
Industries Exporters and importers; customers supply Honeywell, Sam’s Club, TJ Maxx, Whole Foods and Zara
Capital deployed $9B+ in trade transactions across 11,000+ businesses
Leadership Pushkar Mukewar and Neil Kothari (Co-Founders and Co-CEOs)
Website dripcapital.com
Best suited for small and mid-sized exporters and importers needing fast, collateral-free working capital tied to trade cycles.
Drip Capital is a digital trade-finance company, co-founded in 2015 by Pushkar Mukewar and Neil Kothari. It provides working capital to small and mid-sized businesses engaged in cross-border trade, operating across the United States, India, and Mexico. Investors and partners include Accel, Y Combinator, GMO Payment Gateway, and SMBC.
Power global trade by giving small businesses in emerging markets fast access to working capital.
Drip Capital is privately held and has operated as a trade-finance provider since 2015, expanding across cross-border trade corridors.
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