Small coffee shops that relied on foot traffic were impacted when the global pandemic limited people’s movement. To adapt, many coffee shop owners turned to technology for online orders and payments.
Startups also stepped in to support these businesses, with funding secured by Joe Coffee for mobile orders and the merger of Odeko and Cloosiv to enhance mobile ordering solutions. Odeko raised substantial venture-backed funding post-merger.
When Jack Pawlik and Avery Durrant founded New York-based coffee shop software company Dripos in 2019, their initial goal was to help local coffee shops create mobile ordering apps similar to Starbucks.
Through interactions with operators and shop owners, Pawlik realized a larger issue at hand and pivoted to develop a comprehensive tool to replace multiple software solutions used by coffee shops.
Dripos offers a comprehensive solution for point-of-sale, mobile payments, employee management, loyalty programs, marketing, as well as administrative tasks like accounting and banking.
Customers like Manny Caral from Revolucion Coffee + Juice in Texas have found success with Dripos, streamlining operations and enhancing customer experiences.
Last year marked significant growth for Dripos, expanding to coffee shops in 46 states and processing millions in payments annually.
With plans for technology development and market expansion, Dripos secured $11 million in Series A funding led by Base10 Partners. The investment also brought Base10’s Caroline Broder to the Dripos board.
Broder expressed confidence in Dripos, praising the founders’ vision and customer-centric approach.