dropit il
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
dropit il firmographics
Firmographics- Name
- dropit il
- Legal name
- Dropit Shopping Limited
- Website
- https://dropitshopping.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
dropit il industry classification
Industry- Product category
- Retail Inventory Optimization Software
- NAICS
- Local Messengers and Local Delivery (4922)
- SIC
- Retail-Nonstore Retailers (5960)
- akta.pro primary industry
- Omnichannel Commerce & Click-and-Collect Platforms (BPAMAGAL)
- akta.pro secondary industry
- Dropshipping & Supplier Fulfillment Services (CRAFAMAJ)
Keywords
Where dropit il is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices5 records
Markets served
dropit il business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Handsfree Shopping Service Fees: Consumer pays delivery/collection fees when using the Dropit service at partner stores. Pricing varies by location and available delivery options. Payment accepted via debit or credit card (Visa and MasterCard).
- Fulfillment Platform Subscription: Retail brands and shopping centers pay for access to Dropit's fulfillment platform including inventory optimization, order allocation, and logistics management tools. Pricing determined based on network size and service requirements.
- Delivery Services: Dropit integrates with multiple courier aggregators and courier partners (DPD UK, DPD IE, USPS, FedEx, etc.) offering local, nationwide, same day, next day, on-demand, and standard delivery services at competitive rates.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Location-based pricing varies by delivery option selected |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
dropit il product offering
Product offeringCore offering
Dropit operates an AI-powered decision intelligence platform that ingests inventory data from retailers' existing OMS, POS, CRM, and e-commerce systems and applies machine learning to optimize seasonal buying planning, store-level allocation, and return/redistribution logistics. On top of this B2B platform, Dropit runs a consumer-facing Handsfree Shopping app that lets shoppers drop purchases at partner stores for later collection, delivery, curbside pickup, or gift delivery, and provides retail brands and shopping centers with an in-store Fulfillment by Store solution and an omnichannel marketplace connecting malls and brands.
Product overview
Dropit offers an AI-powered Decision Intelligence Platform for retailers that drives inventory planning, allocation, and logistics optimization. The platform consists of three core modules: Planning (optimizing seasonal buying decisions), Allocation (smart distribution with ML), and Logistics (reducing touches and optimizing redistribution). For consumers, Dropit provides Handsfree Shopping services at over 500 stores across 350+ brands, enabling bag-free shopping with delivery, collection, and curbside options. For retail brands, the Fulfillment by Store solution enables in-store Pick & Pack operations for online orders with automated courier integration. The company also operates an omnichannel marketplace and offers Smart Sourcing for optimal fulfillment point selection.
Differentiator
Problem solved
Functional benefit
Products and services
- Decision Intelligence Platform AI-powered software platform for retail brands that extracts and synchronizes inventory data from existing OMS, POS, CRM, and e-commerce systems into a secure data lake and applies machine learning to optimize planning, allocation, and logistics. Targets enterprise retail brands.
- Handsfree Shopping Consumer-facing iOS/Android app and in-store Dropit devices that let shoppers drop purchases at participating stores and have them delivered to a home/hotel, collected later, brought curbside, or sent as a gift. Live chat support and insurance coverage included. Targets individual shoppers at partner retail locations.
- Fulfillment by Store In-store fulfillment solution that enables retail brands to fulfill online orders from physical store inventory via in-store devices, push-notified store assistants, scanning, packing into Dropit bags, and automated courier booking. Targets retail brands and shopping centers.
- Dropit Marketplace Omnichannel marketplace platform that enables brands and shopping centers to fulfill orders faster, streamline shipping, and create unified online and offline shopping experiences. Connects malls and brands as a fulfillment marketplace. Targets shopping centers and retail brands.
Quantifiable outcome
- 10% boost to sell-through rates
- +3 more outcomes
Companies that use dropit il
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
dropit il technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration21 records
AI capability4 records
Feature6 records
dropit il partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, supporting and key advisory.
- Simon PropertiescoreMajor shopping center operator partnership for Fulfill-by-Mall solution, enabling omnichannel capabilities across Simon's retail property portfolio.
- Brookfield PropertiescorePartnership for marketplace pilot and omnichannel fulfillment deployment across Brookfield's shopping center portfolio.
- LandSeccorePartnership for Fulfill-by-Mall solution deployment across LandSec's shopping center properties.
- Crown EstatescoreLaunch partner for Handsfree Shopping service, beginning with 150 brands at Crown Estates and Realm London Designer Outlet in London's West End.
- DPD UKsupportingDelivery carrier partner for UK shipments. Part of Dropit's multi-carrier integration for flexible shipping options.
- StripesupportingPayment processing provider for handling card transactions and payment processing within the Dropit platform.
- Google (Cloud and Analytics)supportingCloud infrastructure and analytics services provider. Used for website analytics and data processing.
- MicrosoftsupportingTechnology infrastructure provider for various cloud and productivity services.
- IntercomsupportingCustomer messaging platform providing 24/7 live chat support for Dropit customer service.
- ICSC (International Council of Shopping Centers)supportingTrade association membership providing networking and marketing opportunities within the shopping center industry.
- Terry J. Lundgrenkey advisoryBoard member and former CEO & Chairman of Macy's and Neiman Marcus. Provides strategic guidance and retail industry expertise.
- Ohad Finkelsteinkey advisoryBoard member and chairman. Former CEO of Interoute Communications, co-founder of Marker llc, board member of Walmart, Coca Cola and Domino's.
Scale indicators7 records
Recent moves8 records
dropit il competitors and assessment
Company assessmentBroad incumbents
- Manhattan Active: Manhattan Associates provides supply chain, inventory, and omnichannel commerce solutions for enterprise retailers. Competes with Dropit on inventory planning and allocation as part of a broader WMS/OMS portfolio rather than a focused decision intelligence niche.
- Blue Yonder: Blue Yonder (formerly JDA Software) delivers a broad retail and supply chain planning suite spanning demand, inventory, allocation, and fulfillment. Overlaps with Dropit across planning and logistics but as part of a much larger enterprise platform.
- Körber Supply Chain: Körber offers warehouse management, supply chain, and inventory solutions for retailers and manufacturers. Provides overlapping allocation and logistics capabilities but as part of a broader supply chain portfolio rather than a focused decision intelligence product.
- SAP Retail: SAP's retail solutions (CAR and S/4HANA Retail) cover merchandising, allocation, and supply chain at enterprise scale. They are the kind of incumbent OMS that Dropit positions itself as integrating alongside rather than replacing.
- Oracle Retail: Oracle Retail offers merchandising, planning, and supply chain suites for large retailers. Directly addresses the same allocation and inventory planning problems Dropit solves, bundled into an enterprise ERP/retail platform.
Emerging players
- Crisp: Crisp provides real-time retail data and supply chain analytics for CPG brands and retailers, including demand signals and inventory visibility. Adjacent to Dropit's decision intelligence platform with more emphasis on external data ingestion.
- Vue.ai: Vue.ai builds AI applications for retail including merchandising, demand forecasting, and inventory management. Targets similar enterprise retail customers and competes for the same AI-for-retail budget allocation as Dropit.
Direct peers
- Relex Solutions: Relex Solutions provides AI-driven supply chain and retail planning, including demand forecasting, inventory optimization, and allocation. Direct overlap with Dropit's Decision Intelligence Platform across the same buyer (retail planning teams) and same core KPI of reducing stockouts and inventory holding cost.
- o9 Solutions: o9 Solutions offers an AI-powered platform for integrated business planning, including demand sensing, inventory, and supply chain optimization. Competes with Dropit for retail planning budgets and emphasizes ML-driven decisions on the same planning/allocation/logistics stack.
- ToolsGroup: ToolsGroup provides AI-driven demand forecasting, inventory optimization, and supply chain planning targeted at retail and consumer goods. Competes head-to-head with Dropit's Planning and Allocation modules for the same retail planning buyer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
dropit il social profiles
Digital presencedropit il compliance and trust
Trust signalCompliance3 records
dropit il financial estimates
Financial estimateRevenue estimate
Valuation estimate
dropit il leadership team
Management profileNumber of profiles
Profiles18 records
dropit il funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
dropit il 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 dropit il
What does dropit il do?
Dropit operates an AI-powered decision intelligence platform that ingests inventory data from retailers' existing OMS, POS, CRM, and e-commerce systems and applies machine learning to optimize seasonal buying planning, store-level allocation, and return/redistribution logistics. On top of this B2B platform, Dropit runs a consumer-facing Handsfree Shopping app that lets shoppers drop purchases at partner stores for later collection, delivery, curbside pickup, or gift delivery, and provides retail brands and shopping centers with an in-store Fulfillment by Store solution and an omnichannel marketplace connecting malls and brands.
Is dropit il a public or private company?
dropit il is a private company. It is classified as venture growth investor backed and is currently operating.
When was dropit il founded?
dropit il was founded in 2016. It employs 11 to 50 people.
Where is dropit il based?
dropit il is headquartered in London, United Kingdom, in the Europe region.
How does dropit il make money?
Three revenue lines are on record. Handsfree Shopping Service Fees are the primary driver. The others are fulfillment Platform Subscription and delivery Services.
Who are dropit il's main competitors?
Broad incumbents on record are Manhattan Active, Blue Yonder, Körber Supply Chain, SAP Retail and Oracle Retail. Emerging players are Crisp and Vue.ai. Direct peers are Relex Solutions, o9 Solutions and ToolsGroup.
Does dropit il have an API?
No public API is recorded for dropit il.
What industry is dropit il in?
dropit il's product category is Retail Inventory Optimization Software. Its primary akta.pro industry code is BPAMAGAL, Omnichannel Commerce & Click-and-Collect Platforms, with a secondary code of CRAFAMAJ, Dropshipping & Supplier Fulfillment Services. Its NAICS code is 4922 and its SIC code is 5960.