Company profile: Dropit
1.1 - Company Overview
Company description
- Provider of a hands-free shopping platform for malls and central shopping districts, integrating technology to connect consumers, retailers, retail property owners and logistics companies. Services include delivering unlimited bags from store to door, holding purchases for collection, curbside pickup, and gift delivery from store to recipient, bringing online-style convenience to physical retail.
Products and services
- Collect on Site: Holds shopper's bags for collection at their convenience within malls and central shopping districts via a network linking retailers, property owners, and logistics companies—logistics-integrated
- Delivery: Delivers unlimited bags from store to shopper’s door across malls and central shopping districts through a seamless network of consumers, retailers, property owners, and logistics companies—unlimited-bag capacity
- Handsfree Shopping: A digital handsfree shopping platform for malls and central shopping districts, enabling door delivery or held collection by integrating multiple technology platforms connecting consumers, retailers, property owners, and logistics—multi-platform integrated
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Dropit
Mila
HQ: Germany
Website
- Description: Provider of a crowd services platform that enables access to technological progress, supporting users who lack time or expertise to handle technical and digital challenges.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2ULaundry
HQ: United States
Website
- Description: Provider of door-to-door laundry and dry cleaning services, including wash, dry, fold; hang dry for delicate items; professional dry cleaning with a pressed finish; cleaning for linens such as sheets, towels, and bedding; commercial laundry and linen services with flat-rate pricing and pickup and delivery; and minor repairs and alterations like button replacement, simple sewing, and zipper repair.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Opun
HQ: United Kingdom
Website
- Description: Provider of a digital platform-based home improvement service that organises all aspects of projects, including design, planning permission, pricing, procurement, logistics, execution, finance and long-term warranty, making home improvements more efficient and assured.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Lyerla Heating & Air
HQ: United States
Website
- Description: Provider of friendly, reliable heating and air conditioning services for Joplin, MO residents, offering professional residential, commercial, and industrial HVAC services to the four states area.
- 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 Lyerla Heating & Air company profile →
Pressbox
HQ: United States
Website
- Description: Provider of a mobile and web app that helps travelers arrange dry cleaning in a variety of cities, focused on improving dry cleaning in Chicago by delivering ease, technology, and great service, offering high-quality cleaning at fair prices with locker drop-off.
- 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 Pressbox 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 Dropit
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Dropit
2.2 - Growth funds investing in similar companies to Dropit
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4 - Top valuation comps for Dropit
4.2 - Public trading comparable groups for Dropit
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