Tech Company Financing Transactions
Drop Kitchen Funding Round
On 1/9/2018, Drop Kitchen raised $8 million in Series A funding from Alsop Louie Partners, Frontline Ventures and private investors.
Transaction Overview
Company Name
Announced On
1/9/2018
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Alsop Louie Partners (Lead Investor) (Stewart Alsop)
private investors (Ross Lewis)
Proceeds Purpose
The money will be used for working capital to continue development of Drop's KitchenOS platform for connected appliances in the smart kitchen of the future as well as to support the company's partnerships with appliance manufacturers worldwide.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
600 California St. 14th Floor
San Francisco, CA 94109
USA
San Francisco, CA 94109
USA
Phone
Undisclosed
Website
Email Address
Overview
Our vision is to promote cooking as a joyful experience that brings people together over delicious food. To that end, we're applying technology and design to simplify and streamline cooking, making it easy for anyone to take their kitchen skills to the next level.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Harris
Chief Operating Officer
Jack Phelan
Chief Technical Officer
Timothy Redfern
VP - Bus. Development
Jonny McCauley
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