Fundraising Fox

ConceptDrop

500 Global

Chicago, US · Founded 2012 · 1 known investors

ConceptDrop offers Source, a platform that consolidates freelance hiring for creative, digital, and consulting work into a single contract, matching companies with vetted freelancers such as designers, writers, and animators through a dedicated account manager. It targets businesses looking to scale creative teams on demand and replace traditional procurement processes.

Founders & leadership

ConceptDrop was founded in 2012 by Philip Alexander.

PA
Philip AlexanderFounder
GA
Gurmohit Ahluwalia
MA
Mohit Ahluwalia
PA
Phil Alexander

Board

TG
Todd GoldsteinBoard director
JM
Jeffrey MatersBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$2.2M disclosed across 2 rounds · 2016–2017

$1.4MraisedOct 2019 · 24 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Todd GoldsteinDirector
  • Jeffrey MatersDirector
  • Frank ChoExecutive Officer
  • Philip AlexanderExecutive Officer, Director
Offering amount
$2M
Amount sold
$1.4M
First sale
Jul 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$750KraisedJun 2016 · 13 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip AlexanderExecutive Officer, Director, Promoter
  • Todd GoldsteinDirector
  • Jeffrey MatersDirector
Offering amount
$1.1M
Amount sold
$750K
First sale
May 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does ConceptDrop do?
ConceptDrop offers Source, a platform that consolidates freelance hiring for creative, digital, and consulting work into a single contract, matching companies with vetted freelancers such as designers, writers, and animators through a dedicated account manager. It targets businesses looking to scale creative teams on demand and replace traditional procurement processes.
Who founded ConceptDrop?
ConceptDrop was founded by Philip Alexander in 2012.
Who are ConceptDrop's investors?
ConceptDrop's investors include 500 Global.
How much funding has ConceptDrop raised?
ConceptDrop has disclosed $2.2M raised across 2 rounds.
Where is ConceptDrop headquartered?
ConceptDrop is headquartered in Chicago, US.