Drip Drop Lands $5,600,000 New Funding Round

  • Feed Type
  • Date
    8/14/2014
  • Company Name
    Drip Drop
  • Mailing Address
    220 Halleck Street San Francisco, CA 94129 USA
  • Company Description
    Drip Drop, Inc. develops and markets a new, patent-pending oral rehydration product for prevention, maintenance and recovery of illnesses and conditions caused by insufficient hydration. The company’s founder, Dr. Eduardo Dolhun, maintains a family practice clinic in the heart of San Francisco and also lectures at Stanford University.
  • Website
    http://www.dripdrop.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,600,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new financing will support DripDrop’s continued national rollout to retail pharmacies and hospitals, following DripDrop’s recent placement on the shelves of more than 100 H-E-B stores, the family-owned retailer with stores in Texas and Mexico. Further national retailers will be announced in the coming weeks, expected to bring DripDrop to the shelves of more than 15,000 retail locations nationwide.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor