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Company profile: Drips

1.1 - Company Overview

Drips Logo

Drips

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of AI-powered conversational engagement solutions that improve lead-to-call conversion and reduce lead gen costs. Offers Conversations as a Service using SMS, voicemail, and scheduled calls; compliance management; integrations via open API; campaign design and management; performance benchmarking; and audience and consent review.

Products and services

  • Compliance Management: Regulatory-compliant service architects campaign outreach to meet state, federal, and industry rules, auditing against TCPA, DNC, CFPB, and HIPAA for lawful operations and risk mitigation
  • Conversations as a Service (CaaS): Enterprise-grade AI orchestrates two-way SMS, voicemail, and scheduled calls to scale engagement, improve lead-to-call conversion, and modulate lead flow without staffing or space changes
  • Campaign Design and Management: Analytics-driven team engineers outreach campaigns with precise scripting, categorizes AI responses, and continuously optimizes using engagement and conversion metrics to elevate performance.

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Drips

Intentico Logo

Intentico

HQ: United States Website
  • Description: Provider of a full stack tech platform designed to provide contextual systems to customer's problems, with virtual assistants that serve as smart personal assistants, augment human agents, and operate 24/7.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Intentico company profile →
Cleo Logo

Cleo

HQ: United Kingdom Website
  • Description: Provider of an AI assistant that turns the complexity of users’ financial lives into a conversation, automating money management and reducing decision stress with data-driven, deeply personal insights.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Cleo company profile →
MindBehind Logo

MindBehind

HQ: Turkey Website
  • Description: Provider of an AI-powered business messaging platform that connects customers to virtual assistants or live agents across popular channels, automates business messages, and enables meaningful conversations to boost revenue. Offerings include Insider's WhatsApp Commerce for order booking and reducing cart abandonment, and Avis's AI-based digital assistant for handling customer conversations and cutting support costs.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full MindBehind company profile →
FAQ Bot Logo

FAQ Bot

HQ: Belgium Website
  • Description: Provider of a SaaS platform for designing AI-powered chatbots that turn FAQ pages into conversational assistants without coding. Offers automatic FAQ answering with a learning FAQ database, guided conversational flows for support, sales and lead generation, setup assistance, integration with websites, Facebook and mobile apps, and seamless hand-off to ticketing or messaging systems.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full FAQ Bot company profile →
CarLabs Logo

CarLabs

HQ: United States Website
  • Description: Provider of automotive AI solutions delivering conversational bots and platforms that guide car shoppers across buying, selling, financing, insuring, and maintenance. Offerings include a customer lifecycle management platform; AI chat and communication apps with personalized, VIN-specific, 24/7 dialogue; digital merchandising that turns websites into interactive showrooms; and first-party shopper data tools for personalized outreach.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full CarLabs company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Drips

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Drips

2.2 - Growth funds investing in similar companies to Drips

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4 - Top valuation comps for Drips

4.2 - Public trading comparable groups for Drips

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4.3 - M&A Transactions similar to Drips

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Drips

What does Drips do?

Drips is a provider of AI-powered conversational engagement solutions that improve lead-to-call conversion and reduce lead gen costs. Offers Conversations as a Service using SMS, voicemail, and scheduled calls; compliance management; integrations via open API; campaign design and management; performance benchmarking; and audience and consent review.

Who are Drips's competitors?

Drips's competitors and similar companies include Intentico, Cleo, MindBehind, FAQ Bot, and CarLabs.

Where is Drips headquartered?

Drips is headquartered in United States.

How many employees does Drips have?

Drips has 1,000 employees 🔒.

When was Drips founded?

Drips was founded in 2010 🔒.

What sector and industry vertical is Drips in?

Drips is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Drips

Who are the top strategic acquirers in Drips's sector and industry

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Financial Investors investing in Drips's sector and industry vertical

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Valuation benchmarks of companies in Drips's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Drips?

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What are recent M&A transactions in Drips's sector and industry vertical?

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What are recent capital raises and funding rounds in Drips's' sector and industry vertical?

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