Drift

Drift
Drift
  • Headquarters

    Boston, MA
  • Founded

    2015
  • Employees

    201-500
  • Funding

    Acquired — $107M
  • Products

    1 product listed
  • Avg. AI Score

    7.5/10

Profile updated

Products
1
Avg AI Score
7.5/10
Founded
2015
Funding
$107M
About Drift

Drift is a conversational marketing and sales platform founded in 2015 by David Cancel and Elias Torres, headquartered in Boston, Massachusetts. The company was acquired by Salesloft in February 2023 and operates as part of that revenue orchestration platform.

Drift's core product is a chat-based buyer engagement platform designed for B2B websites, combining AI-powered chatbots, live chat, email, and video tools. Its software allows sales and marketing teams to qualify leads, book meetings, and engage site visitors in real time. Customers have included companies such as Zendesk, Okta, and MongoDB. The platform competes with products from Intercom, HubSpot, and Qualified.

Prior to its acquisition, Drift raised approximately $107 million in venture funding across multiple rounds, including a $60 million Series C in 2019 led by Sequoia Capital. The company reached a reported valuation of $1 billion following that round. David Cancel served as CEO until the Salesloft acquisition; post-acquisition leadership structure has not been publicly detailed in full.

Specialties
Conversational MarketingLive ChatAI ChatbotsLead QualificationB2B Sales EngagementAccount-Based MarketingMeeting Scheduling
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$360M
Total Raisedest.
$107M
techcrunch.com
Products by Drift

All products by Drift reviewed by our AI panel of experts.

How Our Review Panel Scores Drift

Six independent reviewer personalities assessed Drift's product on their own terms. They disagreed by 1.1 points — The Skeptic was the hardest to convince, The Domain Strategist the most positive.

The Domain Strategist
8.1
The Domain Practitioner
7.8
The Decision Maker
7.7
The Power User
7.6
The Finance Lead
7.0
The Skeptic
7.0

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Drift competes with, and how they differ.

Company Timeline

Key milestones in Drift's history, with sources.

  1. Milestone

    Named a Leader in The Forrester Wave: Conversation Automation, Q1 2024

    Drift, by then a Salesloft company, was named a Leader in The Forrester Wave for Conversation Automation Solutions for B2B, scoring the highest possible marks in 17 of 33 criteria.

    prnewswire.com
  2. Acquisition

    Acquired by Salesloft

    Salesloft acquired Drift; financial terms were undisclosed. Both companies were owned by private equity firm Vista Equity Partners at the time. Founder David Cancel remained as Executive Chairman.

    martech.org
  3. Launch

    Launched Drift Engage, Site Concierge and Bionic Chatbots

    Drift introduced three generative-AI products — Drift Engage (buyer-intent scoring via a Lift AI data partnership), Site Concierge, and Bionic Chatbots trained on each customer's own content.

    diginomica.com
  4. Acquisition

    Vista Equity Partners takes majority stake, unicorn status

    Vista Equity Partners announced a majority-stake growth investment in Drift, pushing the Boston-based company to unicorn status; Drift had raised $107 million since its 2015 founding.

    techcrunch.com
  5. Funding

    Series B — $30M led by General Catalyst, Sequoia joins

    Drift raised $30 million in Series B funding led by General Catalyst, with Sequoia Capital joining as a new investor alongside existing backers CRV and HubSpot.

    fortune.com
  6. Founded

    Founded by Cancel and Torres

    Drift was founded in 2015 by David Cancel and Elias Torres, former colleagues at Performable and HubSpot, to build a conversational marketing and sales chat platform.

    forbes.com

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