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Drift Analysis

What is Drift?

Drift provides AI chat agents that engage high-intent website visitors, enhancing the sales development process by qualifying leads and facilitating real-time conversations. Their platform aims to improve buyer engagement and accelerate sales cycles through personalized interactions.

Product Features & Capabilities

Prospecting
Enrichment
Personalization
Reply Handling
Scheduling
Intent Signals
CRM Automation
Analytics

Pricing & Customer Segments

Premium: Starting at $2,500 per month; includes live chat, meetings, custom chatbots, and 12/5 customer support.
Advanced: Pricing available upon request; includes everything in Premium plus A/B testing and 24/7 customer support.
Enterprise: Pricing available upon request; includes everything in Advanced plus advanced routing and monthly strategy consulting. A free trial is also available.

How much Drift raised

Secondary Market - N/A (May 1, 2019)

Investors: 1 investor
Date: May 1, 2019

Series C - N/A (April 17, 2018)

Investors: 4 investors, including Sequoia Capital
Date: April 17, 2018

Series B - N/A (September 26, 2017)

Investors: 4 investors, including General Catalyst
Date: September 26, 2017

Series B - N/A (May 1, 2017)

Investors: 1 investor
Date: May 1, 2017

Series A - N/A (January 13, 2015)

Investors: 11 investors, including CRV
Date: January 13, 2015

Customer Success Story

Drift has notable customers such as Vendr and Twilio. 1. Vendr: Vendr is a procurement service that has significantly benefited from its partnership with Drift. They managed over $5.4 million in spend and achieved over $1.6 million in software savings. This collaboration allowed Drift to streamline its procurement process, reduce the burden on stakeholders, and maintain productive supplier relationships, enabling the company to focus on high-impact tasks. 2. Twilio: Drift utilized Twilio Segment to enhance its marketing efforts, achieving a 150% increase in site-visit-to-meeting conversion rates within two months. By leveraging Twilio Engage, Drift unified user and account-level data, automated outreach, and improved engagement metrics, resulting in a 160% increase in opportunities month over month.

Who are the founders of Drift

Leadership

Cindy Leow

Co-Founder

Matt Tippets

SVP of Product

Diana Brunelle

Chief People Officer

Platform Ratings & Reviews

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Financial Overview

$135MEstimated Revenue
N/ATotal Raised
Secondary MarketN/A
May 1, 2019
Investors: 1 investor
Series CN/A
April 17, 2018
Investors: 4 investors, including Sequoia Capital
Series BN/A
September 26, 2017
Investors: 4 investors, including General Catalyst
Series BN/A
May 1, 2017
Investors: 1 investor
Series AN/A
January 13, 2015
Investors: 11 investors, including CRV