Foundrop
Foundrop is a US cloud platform that tracks, matches, and reunites lost or stolen property with owners via a national serial-number database. It serves individual users (free) and law enforcement agencies and universities ($50/month subscription).
- Company typePrivate
- Founded2013
- HeadquartersMeridian, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Foundrop does
Foundrop, Inc. is a US-based cloud platform that tracks, matches, and reunites lost or stolen property with registered owners and agencies. Founded in 2013 and headquartered in Meridian, Idaho, the company operates a national serial-number database where individual users can inventory valuables before they go missing and flag items as lost or stolen. Participating law enforcement agencies and universities then search the database by serial number when recovered property arrives, match items to owners, and notify them through the platform. The system is designed around a privacy-first architecture in which individual inventories remain hidden until an item is marked lost or stolen, and contact information is only visible to authorized law enforcement users.
The platform comprises three product surfaces: a free consumer web application for individuals, a law enforcement portal (le.foundrop.com) for police departments, and an education/campus police portal (edu.foundrop.com) for universities and colleges. Core technology is a cloud-based property tracking database with deterministic serial-number matching, accessible on all modern browsers and mobile devices without native app installation. Organizational features include branded department pages, owner notification, return tracking, image upload, and automated inventory expiration purging. The company holds no patents, discloses no AI/ML capabilities, and offers no public API or third-party integrations.
Foundrop operates a two-sided freemium model: individuals use inventory, search, and reporting functionality at no cost, while organizations subscribe to a Basic Plan at $50 per month with unlimited users. No contracts are required, and self-serve onboarding activates accounts within minutes; annual billing and ACH/purchase-order procurement are accommodated for organizations with formal purchasing policies. Foundrop is privately held with no disclosed funding rounds, no parent company, no subsidiaries, and no M&A activity. It serves only the US market, employs 11-50 staff, and has logged roughly 392 found items in its public database at the time of capture, indicating limited realized scale despite a multi-year operating history.
Foundrop firmographics
Firmographics- Name
- Foundrop
- Legal name
- Foundrop, Inc.
- Website
- https://foundrop.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Foundrop is a US cloud platform that tracks, matches, and reunites lost or stolen property with owners via a national serial-number database. It serves individual users (free) and law enforcement agencies and universities ($50/month subscription).
- Ownership category
- akta.pro rank
Foundrop industry classification
Industry- Product category
- Lost and Found Property Recovery Software
- NAICS
- Web Search Portals and All Other Information Services (519290), Web Search Portals, Libraries, Archives, and Other Information Services (519), Investigation and Personal Background Check Services (561611)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Enterprise Search, Indexing & Content Discovery (HDAEAGAH)
- akta.pro secondary industry
- Skip Tracing & Locate Services (Address/Phone/Employer Discovery) (BPAAAEAF)
Keywords
Where Foundrop is headquartered
LocationHeadquarters
- HQ city
- Meridian
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Foundrop business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Individual Users - Freemium: Free tier for individuals to inventory property, search the database, and report found items. No fees or hidden charges for basic usage.
- Organizational Subscriptions: Monthly subscription at $50/month for law enforcement agencies, universities, and other organizations. Provides unlimited users, web-based access, branded department pages, owner notification, and return tracking capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free individual access |
| Subscription | Monthly | Basic Plan - $50/month |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Foundrop product offering
Product offeringCore offering
Foundrop operates a national cloud platform that lets individuals inventory their valuables by serial number and flag items as lost or stolen, while enabling participating law enforcement agencies and universities to register found property and run serial-number searches to identify and notify owners. The service is free for individuals, and law enforcement and education organizations subscribe at $50/month for unlimited users, branded department pages, owner notification, and return tracking.
Product overview
Foundrop is a unified property tracking and recovery platform consisting of a free individual user tier and a $50/month Basic Plan for organizations. The platform enables users to inventory their serial-numbered valuables before they go missing, flag items as lost or stolen, and search a national database when property is found. Participating law enforcement agencies and educational institutions use specialized versions of the platform to register found items and match them with owners through serial number lookups, notifying registered owners when their property has been recovered.
Differentiator
Problem solved
Functional benefit
Brands
- Foundrop for Law Enforcement: Dedicated platform for police departments to manage and track found property and reunite it with owners
- Foundrop for Education
Products and services
- Foundrop Core Platform
- Foundrop for Law Enforcement
- Foundrop for Education & Campus Police
Quantifiable outcome
- 100% better chance of getting lost, stolen, and left behind property quickly returned
- +2 more outcomes
Companies that use Foundrop
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Foundrop technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Foundrop partnerships and signals
Strategic signalScale indicators7 records
Recent moves4 records
Expansion highlights3 records
Foundrop competitors and assessment
Company assessmentBroad incumbents
- Tile: Tile is a consumer Bluetooth item-tracker brand (now part of Life360) helping individuals find lost keys, bags, and devices. It addresses the same end-user problem as Foundrop (finding lost items) but via hardware tags rather than proactive serial-number registration.
- Apple Find My: Apple's built-in Find My network tracks Apple devices and partner third-party items via a crowdsourced network. It competes with Foundrop for the consumer 'find my stuff' use case, leveraging massive installed base as a moat.
Direct peers
- Trova: Trova provides lost-and-found management software for businesses and venues to log, track, and return items to owners. Directly comparable to Foundrop's organizational subscription model and database-driven reunification workflow.
- iLost: iLost operates a global lost-and-found platform used by airlines, hotels, and transit authorities to return items to travelers. It is comparable to Foundrop in core function (lost item matching and reunification) but operates at greater international scale.
- Boomerang: Boomerang provides lost-and-found software for schools, universities, hotels, and transportation. Like Foundrop, it offers a database-driven platform to log found items and reunite them with owners, targeting the same education and travel verticals.
- NotLost: NotLost provides a lost-and-found management SaaS for schools, events, and businesses, with item logging and owner-notification workflows. Directly overlaps with Foundrop's education/campus positioning and self-serve SaaS model.
- ChargerBack: ChargerBack is a lost-and-found SaaS focused on travel, hospitality, and retail, helping organizations return lost items to customers. It directly competes with Foundrop in the lost-property reunification category, with stronger focus on airports/hotels.
- TrackAbout: TrackAbout provides asset-tracking and inventory software for serialized equipment, with strong use cases in education, healthcare, and government. Comparable to Foundrop's serial-number matching and inventory capabilities, but focused on enterprise asset management rather than lost-property reunification.
- Reclaim Hub: Reclaim Hub is a digital lost-and-found platform for venues, transit, and hospitality that helps organizations reunite guests with lost items. Functionally similar to Foundrop but with stronger event/venue and travel vertical emphasis.
Others
- Cellebrite: Cellebrite provides digital forensics and evidence-management tools to law enforcement, adjacent to Foundrop's law-enforcement focus. Not a direct competitor but shares Foundrop's public-sector customer base and workflow integration opportunities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Foundrop social profiles
Digital presenceFoundrop compliance and trust
Trust signalCompliance2 records
Foundrop financial estimates
Financial estimateRevenue estimate
Valuation estimate
Foundrop leadership team
Management profileNumber of profiles
Foundrop funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Foundrop M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Foundrop
What does Foundrop do?
Foundrop operates a national cloud platform that lets individuals inventory their valuables by serial number and flag items as lost or stolen, while enabling participating law enforcement agencies and universities to register found property and run serial-number searches to identify and notify owners. The service is free for individuals, and law enforcement and education organizations subscribe at $50/month for unlimited users, branded department pages, owner notification, and return tracking.
Is Foundrop a public or private company?
Foundrop is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Foundrop founded?
Foundrop was founded in 2013. It employs 11 to 50 people.
Where is Foundrop based?
Foundrop is headquartered in Meridian, United States, in the North America region.
How does Foundrop make money?
Two revenue lines are on record. Individual Users - Freemium is the primary driver. The others are organizational Subscriptions.
Who are Foundrop's main competitors?
Broad incumbents on record are Tile and Apple Find My. Direct peers are Trova, iLost, Boomerang, NotLost, ChargerBack, TrackAbout and Reclaim Hub. Cellebrite is listed as an others.
Does Foundrop have an API?
No public API is recorded for Foundrop.
What industry is Foundrop in?
Foundrop's product category is Lost and Found Property Recovery Software. Its primary akta.pro industry code is HDAEAGAH, Enterprise Search, Indexing & Content Discovery, with a secondary code of BPAAAEAF, Skip Tracing & Locate Services (Address/Phone/Employer Discovery). Its NAICS code is 519290 and its SIC code is 7370.