Drip Capital, Inc., a leading digital trade finance platform, is thrilled to announce it has been listed as one of the ‘Top 100 Companies at Red Herring’s Annual Global Event’ this year.
Founded in 2016, Drip Capital aims to solve the $3 trillion global trade finance gap. The company leverages technology to finance transactions, allowing SMBs to free up working capital and invest in growth. The company has funded over $3.5 billion worth of trade transactions spanning 100+ countries.
Drip Capital was selected from hundreds of leading private companies recognized for their innovations and technologies across diverse industries spanning North America, Europe, and Asia.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and outstanding entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change how we live and work.
Pushkar Mukewar, CEO and Founder of Drip Capital, commented, “Thousands of the most interesting and innovative companies have graced Red Herring’s Top 100 list over the years. It is an honor to be a part of such a prestigious alumni group. The award is a validation of our mission and the progress we’ve made in helping grow SMB trade.”
Red Herring’s editorial staff evaluated the companies on quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
“Choosing the companies with the strongest potential was by no means a small feat this year,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Drip Capital embodies the vision, drive, and innovation that define a successful entrepreneurial venture. Drip Capital should be proud of its accomplishment as the competition was very strong.”
