Fundraising FoxConceptDrop
500 GlobalChicago, US · Founded 2012 · 2 known investors
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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 Gurmohit Ahluwalia, Mohit Ahluwalia, and Phil Alexander.
Board
Investors · 2
How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$2.2M disclosed across 2 rounds · 2016–2017
▶$1.4MraisedOct 2019 · 24 investors · Business ServicesRule 506(b)
- 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
▶$750KraisedJun 2016 · 13 investors · Business ServicesRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
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 Gurmohit Ahluwalia, Mohit Ahluwalia, Phil Alexander in 2012.
- Who are ConceptDrop's investors?
- ConceptDrop's investors include 500 Global, Network Ventures.
- 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.