Dropoff Picks Up $7.0M

Austin-based on-demand delivery startup Dropoff said Monday that it has raised $7.0M in a Series A funding. The startup, led by Sean Spector, said the funding was led by Greycroft Partners, and also included Correlation Ventures, Texas Atlantic Capital, and Wild Basin Investments. Dropoff said the funds specifically go to help expand the company's business beyond Austin and Houston. More information »