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DRIFT
Drift
Software/AI · United States · Founded · 2013 · ≈ · 150 · employees

Drift Valuation: $360M After the Jul 2020 Series C

Private

Drift was last valued at $360M (post-money). It comes from the $60M Series C of Jul 2020. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Drift valuation · at a glance
Last valuation
$360M
POST-MONEY · JUL 2020
Lead investors
3
across 3 rounds
Raised across rounds
$107M
3 rounds
Date of last round
Jul 2020
closed 15 Jul 2020
Valuation history

How the Drift valuation has moved

1 valuation. The latest, $360M post-money, was set by the Series C in Jul 2020.

Latest valuation
$360Mpost-money
Set by the Series C · 15 Jul 2020
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Series C · $60M raised
Funding rounds

Drift rounds and the valuation each one set

3 rounds
Round
Date
Amount
Valuation
Basis
Series C LATEST
15 Jul 2020
$60M
$360M
POST-MONEY
Series B
1 Sep 2017
$32M
—
—
Series A
1 Jan 2015
$15M
—
—
Lead investors
Leads: CRV, General Catalyst, Sequoia Capital.
Full funding history — Drift profile ›
What the valuation means

What the $360M actually measures

A private valuation is the price agreed in one transaction. The Drift valuation of $360M is a post-money figure from the Series C dated 15 Jul 2020 — the whole company measured after the $60M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $300M .

The valuation holds until the next priced round or secondary sale. A private company founded in 2013 with roughly 150 people has no daily price and no order book between rounds.

Where the $360M comes from
EventSeries C, dated 15 Jul 2020
Basispost-money
Round size$60M
LeadSequoia Capital

Frequently asked questions

Who has invested in Drift?›

Lead investors for each round are in the funding timeline.

Who are Drift's competitors?›

The closest software/ai peers are on the competitors page.

How can I get exposure to Drift?›

The routes section explains what is realistically available for a company at this stage.

Is Drift publicly traded?›

No. Drift is a private company; its shares do not trade on a public exchange.

What is Drift's valuation?›

The last valuation is $360M.

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