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§ Private Profile · Helsinki, Finland
Online B2B marketplace for European industrial buyers, streamlining sourcing of workwear, PPE, packaging, and operating supplies.
Based in Helsinki, Finland, Droppe operates a business-to-business online marketplace that connects European industrial buyers with manufacturers for the bulk procurement of workwear, personal protective equipment, and operating supplies. The platform streamlines the sourcing process by allowing customers to consolidate direct orders from multiple suppliers onto a single invoice. Operating with a team of 15 employees, the company serves a client base of over 500 small and medium-sized enterprises and publicly listed companies across Europe, reaching a gross merchandise value of €4 million within its first two years. The enterprise has raised €2.2 million in seed funding through a financing round led by Lifeline Ventures, with additional participation from prominent angel investors including Supercell chief executive officer Ilkka Paananen and Wolt chief executive officer Miki Kuusi. Droppe was founded in 2020 by Johannes Salmisaari and Henrik Helenius.
Droppe has raised $10.2M across 3 funding rounds.
Droppe has raised $10.2M in total across 3 funding rounds.
Droppe has raised $10.2M across 3 funding rounds. Most recently, it raised $4.2M Other Equity in June 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 18, 2024 | $4.2M Venture Round | — | — | Announced |
| Jun 1, 2024 | $4M Seed | — | 9Yards Capital, Acrobator Ventures, Afore Capital, Alumni Ventures, DN Capital, Gutter Capital, Lifeline Ventures, Jeff Richards, Pioneer Fund, Primary Venture Partners, Scale Venture Partners, Soma Capital, Y Combinator, GUY Podjarny, James Park, Jeremy YAP, Martin Henk, Miki Kuusi, Ragnar Sass, Robert Gentz, Thijn Lamers | Announced |
| Feb 1, 2022 | $2M Seed | — | 9Yards Capital, Afore Capital, Alumni Ventures, DN Capital, Gutter Capital, Lifeline Ventures, Jeff Richards, Primary Venture Partners, Scale Venture Partners, GUY Podjarny, Jeremy YAP, Robert Gentz, Thijn Lamers | Announced |
Droppe has raised $10.2M in total across 3 funding rounds.
Droppe's investors include 9Yards Capital, Acrobator Ventures, Afore Capital, Alumni Ventures, DN Capital, Gutter Capital, Lifeline Ventures, Jeff Richards, Pioneer Fund, Primary Venture Partners, Scale Venture Partners, Soma Capital.
Droppe is a B2B marketplace platform founded in 2020, specializing in workwear, safety shoes, PPE, and industrial supplies like packaging and paper.[1][2][3][4] It serves businesses across Europe by offering a source-to-order system that automates procurement, provides high-quality products at lower prices, and equips over 40,000 workers, solving fragmented buying processes for operating supplies.[2][4][5] With a remote-first team of 11-50 employees headquartered in Helsinki (with presence in Sweden and Finland), Droppe operates in IT/software, marketplace/eCommerce, and sales/marketing sectors at the seed funding stage, emphasizing AI-driven personalization for faster, user-centric purchasing.[3][4]
Droppe emerged in 2020 amid the push to digitize industrial supply chains across Europe, founded with the explicit goal of transforming how businesses buy and sell packaging, paper, operating supplies, and workwear.[1][2][3] While specific founders are not detailed in available sources, the company's early focus on automation and AI reflects a response to inefficient traditional procurement in manufacturing and distribution.[2][5] Pivotal early traction includes scaling to serve 40,000+ workers, building a remote-first team across Nordic countries, and establishing droppe.com as a go-to for top European brands at discounted rates like 22€ per piece for select workwear.[3][4]
Droppe rides the wave of digital transformation in B2B industrial procurement, a trend accelerated by eCommerce marketplaces disrupting fragmented supply chains post-2020.[1][2] Timing aligns with rising demand for automated, AI-enhanced platforms amid labor shortages and cost pressures in manufacturing/Europe, where traditional suppliers lag in speed and personalization.[3][4] Market forces like supply chain resilience and sustainability favor Droppe's efficient model, influencing the ecosystem by onboarding top brands and scaling Nordic innovation to pan-European reach, potentially setting standards for AI in workwear/PPE.[5]
Droppe is poised for expansion beyond seed stage, leveraging its 40,000+ user base to penetrate more EU markets and diversify into adjacent supplies.[3][4] Trends like AI procurement tools and sustainable workwear will propel growth, with potential for Series A funding to enhance platform features and logistics. Its influence may evolve from Nordic disruptor to pan-European leader in automated industrial marketplaces, directly tying back to its 2020 mission of supply chain reinvention.[1][2]