Dropoff Raises $7.0M in Series A Funding

dropoffDropoff, Inc., an Austin, Texas-based on-demand, same-day delivery logistics platform for businesses, raised $7.0M in a Series A funding.

The round was led by Greycroft Partners, with participation from Correlation Ventures, Texas Atlantic Capital, and Wild Basin Investments.

The company intends to use the funds to rollout into multiple new markets beyond its current locations in Austin and Houston.

Led by Sean Spector, CEO and co-founder, Dropoff provides businesses proprietary technology platform featuring web and mobile ordering, flexible delivery options, transparent pricing, real-time tracking and confirmations, up to the minute pickup and delivery ETAs, delivery Agent ratings, scheduling, route creation and a feature-rich API for logistics platform integration.



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