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Dropshyp

Dropshyp

Dropshyp provides large, medium, and small scale businesses with the ability to connect with suppliers.

OverviewStructured DataIssuesContributors

Contents

dropshyp.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Internet
Internet
Machine learning
Machine learning
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Software
Software
E-commerce
E-commerce
Technology
Technology
‌
Dropshipping
Location
San Jose, California
San Jose, California
B2X
B2B2C
B2B2C
Founder
Terry McGinnis
Terry McGinnis
Joe Todd
Joe Todd
AngelList URL
angel.co/company/dropshyp
Parent Organization
Shoppable Inc.
Shoppable Inc.
Date Incorporated
May 14, 2020
Number of Employees (Ranges)
11 – 50
Email Address
help@dropshyp.com
Phone Number
+18883005379
Number of Employees
25
Full Address
410 E Santa Clara St, San Jose, California, 95113
Place of Incorporation
United States
United States
Investors
Arnold Schwarzenegger
Arnold Schwarzenegger
Founded Date
January 1, 2020
Total Funding Amount (USD)
6,200,000
Latest Funding Round Date
December 6, 2019
Competitors
DHgate
DHgate
Wish (company)
Wish (company)
Amazon
Amazon
Business Model
Commerce
Glassdoor ID
3389036
Board of Directors
‌
Yidong Li
‌
Ruby Gao
Latest Funding Type
Seed
Seed
Latest Postmoney Valuation
16,000,000
Motto/Tagline
Simplify Shopping
Wellfound ID
dropshyp
Country
United States
United States

Other attributes

Blog
blog.dropshyp.com
Company Operating Status
Active
Premoney Valuation
16,000,000
Funding Type
Seed
Seed
Wikidata ID
Q96799923

Dropshyp is a San Jose based e-commerce company that provides a platform which provides large-, medium-, and small-scale businesses and independent entrepreneurs with the ability to connect with suppliers in East Asia, West Africa, and Arabia with its main USP being drop-shipping.

Dropshyp was founded by Joe Todd and Terry McGinnis as a subsidiary of their larger company, Shoppable Inc. Previous to Dropshyp, Terry McGinnis and Joe Todd launched Rydable, which was an exclusive retailer of Samsung powered eSkateboards, eBikes, and eScooters. During the COVID-19 pandemic, Rydable failed, and the founding team plus Joe Todd pivoted and started Shoppable and Dropshyp.

The company's main aim is to connect smaller businesses and entrepreneurs to suppliers across the world to provide drop-shipping and wholesale services. In a post made on Dropshyp's official blog, CEO of Dropshyp and Shoppable, Inc., Terry McGinnis, suggested that Dropshyp and its products are there to provide carefully crafted tools so anyone willing could start their own business and recover post COVID-19 pandemic.

As of 2020, Dropshyp has partnered with Jepto to bolster its product line with Machine Learning and Twilio to provide OTP and communication services for its customers.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Dropshyp is rated "Excellent" with 4.9 / 5 on Trustpilot

https://www.trustpilot.com/review/dropshyp.com

Web

October 30, 2020

Official Podcast

https://profitordie.net

Web

References

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