Map out the potential investors
About the company
Droppin has developed and is operating a digital marketplace where service suppliers within beauty and wellness sell their last- minute available capacity and customers get a better price on last minute appointments. Customers can compare and sort their search by price, location and time. The platform is a sales and marketing channel for service providers and th customers get a unified venue which makes it easier to find availabliity, compare prices and get a discounted price on last minute.
Droppin is Too Good To Go for services.
Droppin was launched May 2017 in Stavanger, March 2018 in Bergen and June 2018 in Oslo. We were a part of Validés ITSA program 2016 for accelerating promising startups and among top 5 in the regional finale of Angel Challenge. We won the regional competition ran by Sr-bank; Gründerhub, in 2018. We have received funding by Innovation Norway, Validé and some private investors. Today over 125 suppliers have signed up and use Droppin, 7000 active customers and more than 4300 bookings has been done through the platform.
The challenge for Droppin`s female entrepreneur is to get funding through investors. It is not at secret that female entrepreneurs only receive 2-3 % of all invested capital in startups in Scandinavia and probably the rest of the world. We need a better investment strategy for Droppin and an investment presentation. We need to map out who would be the most strategic investors? Is corporate investors with similar target groups and where Droppin would increase their value chain? is it early phase investors, venture to others? Is it women in female investor networks?