Exclusive: Drip Capital Lays Off 20% Employees
Drip Capital didn’t provide any clear reason for the layoffs that affected over 75 employees, sources said. They were asked to resign.
Source: inc42.com
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Drip Capital didn’t provide any clear reason for the layoffs that affected over 75 employees, sources said. They were asked to resign.
Drip Capital announced that it has secured $175 million in debt and equity. The fresh infusing of capital consist of $40 million in Series C investment and $135 million in warehouse debt.
The latest investment of Drip Capital includes a $40 Mn Series C investment and $135 Mn in warehouse debt facilities.