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Dropoff

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Dropoff is re-inventing on-demand, same-day delivery for business, with our highly-rated service and proprietary logistics technology

Austin, United StatesFounded 2014Food
Valuation $0–100M Latest valuation · 2017
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Dropoff and the history behind them.

About Dropoff

Dropoff, founded in 2014, is a technology-driven company providing same-day delivery and courier services for businesses. The company was established in Austin, Texas, by co-founders Sean Spector, Christian Carollo, Ted Hong, and Jason Klann, with the mission to address a gap in the courier industry for a reliable, professional, and technologically advanced national provider. Sean Spector, the CEO, previously co-founded GameFly, a video game rental subscription service, bringing experience in scaling technology and media companies. His background includes roles at Activision, The Walt Disney Company, and Creative Artists Agency.

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The company's business model is centered on a B2B approach, serving clients across healthcare, retail, e-commerce, and industrial sectors. It aims to act as an extension of its clients' brands by ensuring a professional and dependable delivery experience. Dropoff generates revenue by providing a range of logistics solutions, including on-demand, scheduled, and fixed-route deliveries, operating as a Delivery as a Service (DaaS) provider. The company has secured significant funding to fuel its expansion, with reported fundraising totals between $17.4 million and $70.6 million from various sources.

Dropoff's core offering is its proprietary technology platform, designed to provide a seamless last-mile logistics solution. This platform includes features such as easy web and mobile ordering, transparent pricing, real-time GPS tracking on a live map, up-to-the-minute ETAs, delivery confirmations with signatures or photos, and driver ratings. A key technological milestone was the 2016 introduction of "Intelligent Dispatch," which automated the dispatch process to enable large-scale delivery volume management. The company differentiates itself through professional, uniformed, and vetted drivers—who are HIPAA and OSHA certified for healthcare deliveries—and comprehensive insurance coverage. Its fleet includes cars, vans, and trucks capable of delivering items of various sizes. In March 2022, Dropoff acquired Rightaway Delivery, expanding its service footprint into the Midwest.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Austin, United States
Employees
234
Open positions
5
Dealroom signal
79.5/100
Industry
Food
Sub-industry
Food Logistics & Delivery
Sector
Food, Accounting, Navigation, Shopping, Delivery, Retail, Printing, Banking, On-Demand, Mapping, Arts & Culture
Client focus
b2b
Investment activity
1 company, latest Mar 2022
Capital deployed
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning Dropoff.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC May 2017 $8.5M $34M Undisclosed
SERIES AEquity / VC Jun 2015 $7M $28M Greycroft Partners
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Dropoff website traffic

Latest recorded traffic for Dropoff is 81K monthly website visits, up 62% over the last three months. Dropoff's team grew 4.5% over the past year.

Latest monthly visits81K 3-month web change+62% 1-year team growth+4.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Other known investors8 additional known investors

Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States89.5%
🇨🇴 Colombia4.2%
🇨🇦 Canada1.1%
🇯🇲 Jamaica1.1%
🇵🇭 Philippines1.1%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dropoff on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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