Drift

Drift

Drift is a software company offering a conversational marketing platform.

Drift is a software company offering a conversational marketing platform that is headquartered in Boston, Massachusetts and was founded in 2015 by David Cancel and Elias Torres. The company offers chat bots capable of automating company sales funnels by answering common questions, starting conversations with potential clients, and route qualified leads to the appropriate sales representatives. Notable companies using Drift include: Mindbody, MongoDB, Zenefits, Dyn, AdRoll, Vidyard, Okta, and Symantec.

Funding

Series A

On January 15, 2015 Drift completed their series A funding round with $15 million in funding from CRV.

Series B

On September 26, 2017 Drift completed their series B funding round with $32 million in funding from Sequoia Capital (lead investor), General Catalyst and CRV. The company plans on using their series B funding to expand its sales and marketing team by hiring more employees, and to also open an office in San Francisco, California.

Series C

On April 17, 2018 Drift completed their series C funding round with $60 million in funding from Sequoia Capital (lead investor), General Catalyst, and CRV. At the time of raising their series C funding Drift had approximately 100,000 clients. The company plans on using their series C funding to increase the size of their teams working in Boston, Massachusetts and San Francisco, California.

Timeline

April 17, 2018

Drift raises a $60,000,000 series C round from Sequoia Capital and General Catalyst.

September 26, 2017

Drift raises a $32,000,000 series B round from Sequoia Capital and General Catalyst.

January 15, 2015

Drift raises a $15,000,000 series A round.

Funding rounds

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Title
Author
Date
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Description
Rowan Walrath
June 3, 2020
AmericanInno
It's an interesting time to be a person on the move.
Robert MacFarlane
Invalid Date
Nautilus
The young physicist sits at his computer, watching for signals from Cygnus. His name is Christopher Toth, and his white lab coat is...By Robert MacFarlane
Greg Kumparak
October 22, 2019
TechCrunch
Why do serial entrepreneurs keep jumping back in? What things might you learn the third, fourth, or fifth time around? To find out, Extra Crunch Managing Editor Eric Eldon spoke to Drift CEO and founder David Cancel at TechCrunch Disrupt San Francisco. Cancel has spent more than 20 years founding SaaS companies, with exits including [...]
Robert MacFarlane
Invalid Date
Nautilus
The young physicist sits at his computer, watching for signals from Cygnus. His name is Christopher Toth, and his white lab coat is...By Robert MacFarlane

References

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