Drop Gains New Funding

Smart kitchen platform Drop has gained $13.3 million in Series A funding co-led by Alpha Edison and Morpheus Ventures with participation from Act Venture Capital.

The company, which has partnered with appliance makers like Instant Brands, Kenwood, Electrolux and Panasonic, said it believes it can unify the fragmented cooking experience by integrating appliances of all kinds with a recipe app that makes cooking simple.

Steve Horowitz, partner at Alpha Edison, and Ray Musci, managing director at Morpheus Ventures, will also join Drop’s board of directors.

Connected home is on the rise, and the kitchen shows the biggest potential for brands to work together through a platform that is appliance- and brand-agnostic. Drop’s Kitchen OS connects all stages of the cooking journey, operating as a place where appliance manufacturers, recipe publishers and grocers can come together to inspire and guide everyday cooks at home, the company said.

“Kitchens need Drop— they are a mix of motors, sensors and heating elements, with wildly different interfaces, and recipes written in a hundred year old format,” said Ben Harris, CEO and co-founder at Drop. “Our platform marries your appliances and favorite recipes into a magical, connected, experience. Drop makes cooking so rewarding and easy that people choose to make food at home instead of just getting takeout, sparking joy in all of those homes.”