# Drip Capital

> Drip Capital is a Palo Alto-based financial technology company providing working capital to small and mid-sized businesses. Its digital platform finances unpaid invoices, pays suppliers on customers’ behalf, and offers revolving credit. It combines trade data and automated underwriting with institutional lending capital, with core operations in the United States and India. In March 2026, the company reported more than $9 billion financed for over 11,000 businesses.

- **Founded:** 2016
- **Headquarters:** Palo Alto, United States
- **Founders:** Pushkar Mukewar (Co-founder and CEO), Neil Kothari (Co-founder; historical Co-CEO)
- **Products:** Export receivables factoring, Vendor Financing, Receivables Financing, Line of Credit
- **Notable:** Reported more than $9B in cumulative financing and 11,000+ businesses served in March 2026., Y Combinator Summer 2015 participant., Company announced cash profitability in September 2024.

## Products & services

- **Export receivables factoring** — Post-shipment financing for eligible exporters, including in India, converting approved overseas invoices into working capital. Marketed as collateral-free; agreement terms govern buyer-default coverage.
- **Vendor Financing** — Drip pays approved supplier invoices directly; the current US product advertises repayment in up to 90 days and funding within 24 hours after setup.
- **Receivables Financing** — Advances cash on approved invoices and releases the remaining balance, less fees, when the customer pays. Current US criteria include $1M+ seller revenue and $1Bn+ buyer revenue, with buyer notification.
- **Line of Credit** — US revolving working capital for general business expenses. Each draw is repaid in six equal monthly installments; interest applies to drawn balances, without commitment fees on unused credit.

## Achievements

- Reported more than $9B in cumulative financing and 11,000+ businesses served in March 2026.
- Y Combinator Summer 2015 participant.
- Company announced cash profitability in September 2024.
- CB Insights Fintech 250 honoree in 2020.
- Listed by the company as a 2023 Banking Tech Awards USA winner for Best Use of Tech in Lending.

## Latest updates

- **2026-03** — Company newsroom announced more than $9B financed on March 15.
- **2025-11** — Company newsroom dates US Line of Credit launch to November 20.
- **2025-11** — November 17 public release announced $50M committed TD Bank facility with optional $25M expansion.

## Links

- Website: https://www.dripcapital.com/
- LinkedIn: https://www.linkedin.com/company/dripcapital
- Twitter/X: https://twitter.com/dripcapital_inc
- Facebook: https://www.facebook.com/dripcapital/

---

Profile page: https://yespress.io/drip-capital
Published by YesPress — https://yespress.io
Last updated: 2026-10-26