FundedIQ
Financial Services

Drip Capital: Funding, Investors & Team (Sep 2026)

Drip Capital specializes in providing trade financing services for small and medium-sized enterprises (SMEs) in developing markets. Their automated risk assessment system allows fast-growing SMEs to easily access funding without the usual complications of paperwork and bureaucracy. By leveraging technology, Drip aims to create a seamless borrowing process for its clients. The company is made up of a skilled team of financial consultants, engineers, and analysts with backgrounds at prestigious institutions such as Wharton, Stanford, and IITs, as well as experience at notable firms like Standard Chartered, Black Rock, and Yahoo. Drip is supported by prominent Silicon Valley investors such as Y Combinator and StartX. As they continue on their mission to revolutionize global trade finance, Drip Capital is based in Palo Alto, California, and was established in 2015.

www.dripcapital.com LinkedIn Palo Alto, United States 251-500 employees
Total raised
$265M
Rounds
4
Latest
Undisclosed round
Sep 2024

Drip Capital has raised $265M across 4 funding rounds on record, the most recent an undisclosed round of $90.0M announced in Sep 2024.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Drip Capital Company Profile and Key Stats

Total funding raised
$265M
across 4 rounds on record
Funding rounds on record
4
1 with no disclosed amount
Latest funding round
Undisclosed round
$90.0M in Sep 2024
Employees
251-500
reported band
Headquarters
Palo Alto, United States

Latest funding round on record: Sep 2024.

Drip Capital Funding Rounds

Date
Round
Amount
Undisclosed round
$90.0M
Undisclosed round
$40.0M
Secondary Market
Undisclosed
Debt Financing
$135M

1 of 4 rounds was announced without a disclosed amount and is excluded from the total.

Drip Capital raised $135M in a Debt Financing announced in Oct 2021.

6 months later, a Secondary Market was announced in Apr 2022 with no disclosed amount.

1.5 years later, an undisclosed round of $40.0M was announced in Oct 2023.

11 months later, an undisclosed round of $90.0M was announced in Sep 2024.

Drip Capital Founders and Leadership Team

Name
Role
Contact
Neil Kothari
Founder
Locked
Pushkar Mukewar
CEO
Locked

Contact details for the Drip Capital team: 2 of 2 have an email address on file.

Start 14-day free trial →

Drip Capital Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Drip Capital's latest round of $90.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Drip Capital in Financial Services and Palo Alto

Companies Similar to Drip Capital

RQD Clearing provides correspondent clearing services that fulfill brokers' technological and business model…

Undisclosed round $74.0M

Standard Metrics is a financial platform for startups and investors.

Series B $21.3M

Axela Technologies improves and automates the collection process for a variety of illiquid, esoteric real…

Undisclosed round $5.0M

Edge Focus develops and operates an advanced fintech platform in the area of investment management.

Private Equity

An open platform for customer-permitted insurance data is called Axle. Axle enables customers to safely link…

Series A $17.5M

The Strivve Platform makes use of pioneering automation technology that allows for the immediate addition of…

Undisclosed round

CAIS is a monetary innovation stage, giving free monetary guides admittance to top-level supervisors of…

Series D $170M

Provable Markets is a financial services firm that provides market participants with a secure, centralized…

Series B

PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control…

Private Equity $160M

Our purpose is to accelerate the games industry’s shift from a platform oligopoly to a competitive…

Series A $13.0M

Epic Markets is a financial technology and retail brokerage firm built to deliver institutional-grade trading…

Pre-Seed $10.0M

Lumin Digital provides cloud-based digital banking services to financial institutions.

Private Equity $115M

Drip Capital Funding FAQs

What does Drip Capital do?

Drip Capital specializes in providing trade financing services for small and medium-sized enterprises (SMEs) in developing markets. Their automated risk assessment system allows fast-growing SMEs to easily access funding without the usual complications of paperwork and bureaucracy. By leveraging technology, Drip aims to create a seamless borrowing process for its clients. The company is made up of a skilled team of financial consultants, engineers, and analysts with backgrounds at prestigious institutions such as Wharton, Stanford, and IITs, as well as experience at notable firms like Standard Chartered, Black Rock, and Yahoo. Drip is supported by prominent Silicon Valley investors such as Y Combinator and StartX. As they continue on their mission to revolutionize global trade finance, Drip Capital is based in Palo Alto, California, and was established in 2015.

How much funding has Drip Capital raised?

Drip Capital has raised $265M across 4 rounds on record. The most recent is an undisclosed round of $90.0M announced in Sep 2024.

When did Drip Capital last raise funding?

Drip Capital's most recent funding round on record is an undisclosed round of $90.0M, announced in Sep 2024.

Who founded Drip Capital?

FundedIQ lists Neil Kothari (Founder) at Drip Capital.

Who is the CEO of Drip Capital?

Pushkar Mukewar is listed as CEO at Drip Capital.

Where is Drip Capital headquartered?

Drip Capital is based in Palo Alto, California, United States.

How many employees does Drip Capital have?

Drip Capital is in the 251-500 employee band.

How does Drip Capital's funding compare to other Financial Services startups?

Drip Capital's latest round of $90.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Drip Capital Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Drip Capital is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.