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Enterprise Applications Series B Founded 2014

Drips Marketing

Drips is a conversational outreach platform that delivers AI-powered, two-way SMS, scheduled calls, and voicemail messages to drive meaningful consumer engagement at scale. The platform uses natural language processing to proactively engage consumers in humanized conversations, adapting to replies and driving toward outcomes such as bill pay reminders, appointment scheduling, policy cancellation prevention, and…

📍 Akron, United States · Sales Force Automation,

Funding snapshot

Last roundSeries B
Amount$15M
Date28 February 2024
Total raised$15M
Team size249

About

Drips is a conversational outreach platform that delivers AI-powered, two-way SMS, scheduled calls, and voicemail messages to drive meaningful consumer engagement at scale. The platform uses natural language processing to proactively engage consumers in humanized conversations, adapting to replies and driving toward outcomes such as bill pay reminders, appointment scheduling, policy cancellation prevention, and enrollment. Drips serves healthcare payers and providers, insurance carriers, financial services, and higher education institutions, helping organizations reach hard-to-reach populations with compliance-governed messaging. The platform holds ISO 27001 and HITRUST certifications and integrates with CRM, contact center, and marketing automation systems including Salesforce, HubSpot, Cisco, Genesys, and Five9. Founded in 2014 and headquartered in Akron, Ohio, Drips has raised $15 million in Series B funding from investors including Sequoia Capital, Accel, Wing Venture Capital, and SVB.

Business model

Sales Force Automation > Lead Management > Lead Nurturing > Conversational Bots,

MarketingTech > Demand Generation > Lead Management > Lead Generation > Conversational Bots,

Chatbots > Industry Specific > Sales, Marketing and Advertising > Lead Generation

Institutional investors

Canadian Imperial Bank of Commerce BVF SVB Sequoia Capital Wing Venture Capital Accel Accel-KKR Nissay Capital

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