| Founded | 2014 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Saas |
| Total raised | $107M |
| Collapse type | Fire Sale |
| Founder | David Cancel, Elias Torres |
Drift
"The conversational marketing pioneer raised $107M at $1B and was acquired for a fraction in a Salesloft fire sale"
Distressed acquisition below last-round valuation
Key Events Timeline
Drift was a Boston-based conversational marketing platform pioneering chatbots and live chat for B2B demand generation, founded by serial entrepreneur David Cancel.
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