Overview

Drift focuses on enhancing customer engagement and improving conversion rates through AI-powered chatbots and digital marketing tools. Their products facilitate conversations with customers, allowing businesses to identify and understand visitors better. Drift offers a variety of tools, including Conversational Landing Pages, Drift Engage, and Bionic Chatbots, which help businesses create personalized interactions with potential customers. What sets Drift apart from competitors is its emphasis on using AI to provide tailored playbooks that guide users in converting visitors into customers. The company's goal is to help businesses of all sizes effectively engage with their customers and drive higher conversion rates.

Simplify's Take

What believers are saying

• Growing demand for AI-driven customer engagement tools boosts Drift's market potential.
• Integration of AI chatbots with CRM systems enhances Drift's sales process efficiency.
• Expansion of AI capabilities in multilingual support increases Drift's global reach.

What critics are saying

• Integration challenges with Salesloft's platform may disrupt Drift's services.
• Intensifying competition in conversational marketing threatens Drift's market position.
• New executive appointments may lead to strategic shifts affecting Drift's operations.

What makes Drift unique

• Drift uses AI-powered chatbots for real-time customer engagement and feedback.
• Drift offers personalized playbooks to convert website visitors into customers.
• Drift's tools include Conversational Landing Pages and Real-Time ABM Notifications.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$134.7M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

General Catalyst

Notable Investors:

General Catalyst

$30,000,000

Series C

Mar 2021

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Below Average

Industry standards

Ind Avg. $50M

$16M

$30M

$40M

$50M

$62M

$100M

View all funding stages