Dripos, a NYC-based comprehensive software platform built specifically for coffee shops, raised $11m in Series A funding.
The round was led by Base10 with participation from Michael Siebel of Y Combinator, Shyam Rao (founder of Punchh, acquired for $500+ million by Partech), and Ian Crosby (founder of Bench and Teal, and former Head of Fintech at Shopify), among others. In conjunction with the funding, Caroline Broder, Principal at Base10 Partners, will be joining the Dripos board.
The company intends to use the funds to further enhance its platform, and expand customer reach.
Founded by Jack Pawlik and Avery Durrant, Dripos provides a software platform for coffee shops to operate their business. The platform offers specialized point-of-sale (POS) and mobile payments, employee management and payroll, loyalty and marketing automation, as well as comprehensive administrative functions like accounting and banking.
FinSMEs
24/04/2024