About Dropstat
Dropstat is a private company based in Los Angeles, California. It has reported $3,935,209 raised in three offerings on Form D since November 2020. Its chief executive is Sara Well.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 30, 2023 | Nov 29, 2023 | $1,337,397target not set | 10 | $133K | EquityRule 504, Rule 506(b) | Form D ↗ |
| Mar 31, 2023 | May 3, 2023 | $2,516,712of $2.6M target | 3 | $838K | Equity, DebtRule 504, Rule 506(b) | Form D ↗ |
| Oct 3, 2019 | Nov 20, 2020amended Nov 20, 2020 | $81,100of $100K target | 10 | $8,110 | DebtRule 504, Rule 506(b) | Form D/A ↗1 earlier filing |
| Total, three offerings | $3,935,209 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Dropstat's Form D filed Nov 29, 2023.
Earlier filings also listed Tara Vafaeenia (executive officer, last listed Nov 2020).