DripDrop ORS
 | |
| Company type | private |
|---|---|
| Founded | San Francisco, California |
| Founder | Eduardo Dolhun |
| Headquarters | United States  |
| Products | Oral rehydration therapy powder[1] |
| Website | dripdrop |
DripDrop is a manufacturer of an oral rehydration solution that claims to improve oral rehydration therapy (ORT) based in San Francisco, California.[2][3][4] Eduardo Dolhun founded the company in 2008 and began manufacturing in 2010.[3]
History
Dr. Eduardo Dolhun became interested in oral rehydration therapy while he was in Guatemala during a Cholera outbreak in 1993.[2][3] Dr. Dolhun founded DripDrop in 2008 and began raising money from friends and family.[2][3] At the time Dolhun began testing oral rehydration therapy mixtures of sugars and salts on his patients at his private practice in San Francisco, California.[2][3] Dolhun's goal was to manufacture an oral rehydration therapy more cost-effective than intravenous hydration treatments and that tastes better than existing oral solutions.[2] In 2010, he settled on a formula and began manufacturing.[2][3] DripDrop partnered with Doctors Outreach Clinic to provide its ORT solution to those affected by the 2010 Pakistan floods.[5]
In August 2013, DripDrop raised $3 million in a funding round backed by Sam Nazarian, founder and CEO of SBE Entertainment Group,[6] John Elway and Ronnie Lott.[3] DripDrop won the bronze in the "treatments" category of the Edison Awards in 2014. H-E-B, a supermarket chain based in San Antonio, Texas, began selling DripDrop's oral rehydration solution (ORS) in July 2014.[7] The product is also sold in Walgreens and 15,000 other stores.[8][9][10] Sammy Hagar, Bob Weir, Joe Satriani and Brook and Seth Taube led a $5.6 million funding round in August 2014.[11][12][13][14][15] The company has raised more than $11 million from friends and family.[8]
Proceeds from sales of DripDrop support the company's philanthropic efforts, engineering and production, composition, voice, and instrumentals.[15]
In October 2014, DripDrop announced a six-year agreement with the healthcare company, Premier, Inc.[16]
In March 2017, Dr. Eduardo Dolhun treated children in Cape Town, South Africa with DripDrop in the aftermath of the Imizamo Yethu fire.
References
- ^ Malerie Yolen-Cohen (22 November 2014). "DripDrop Medical Grade Hydration". Newsday. Retrieved 7 December 2014.
- ^ a b c d e f Patrick Clark (2013-08-22). "Will America's Hospitals Adopt a Dehydration Fix From the Developing World?". Retrieved 2014-09-07.
- ^ a b c d e f g Patrick Clark (2013-08-30). "Investors bet on oral rehydrator Drip Drop". Retrieved 2014-09-07.
- ^ "Members Highlight". Retrieved 2014-09-07.
- ^ "Doctors Outreach Clinics". Retrieved 2014-09-07.
- ^ Stanley Green. "Sam Nazarian Takes A Shot Of Drip Drop". Retrieved 2014-09-07.
- ^ Raven Romero (2014-07-22). "DripDrop now available at H-E-B".
- ^ a b Ayana Byrd (19 September 2014). "You May Be Thirstier Than You Think". Fast Company. Retrieved 7 December 2014.
- ^ Michael Johnsen (2014-08-19). "DripDrop expands distribution". Retrieved 2014-09-07.
- ^ "OTC Product News". Pharmacy Times. August 10, 2015. Retrieved October 31, 2015.
- ^ Peter Farquhar (2014-08-15). "This Mundane Product Has Somehow Attracted The Coolest Venture Capitalists Ever, Including Sammy Hagar". Retrieved 2014-09-07.
- ^ Kia Kokalitcheva (2014-08-14). "DripDrop's rehydration powder gets $5.6M from Sammy Hagar, the Grateful Dead's Bob Weir". Retrieved 2014-09-07.
- ^ "Desire2Learn closes $85m financing round – Investment Round Up". 2014-08-14. Retrieved 2014-09-07.
- ^ William Alden (2014-08-14). "Hydration Powder Attracts Grateful Dead's Bob Weir as Investor". Retrieved 2014-09-07.
- ^ a b Timothy Hay (2014-08-14). "DripDrop Gets Rock Star Backing for Its Rehydration Product".
- ^ Thomas Finn (8 October 2014). "Premier Awards DripDrop Long Term Oral Rehydration Agreement". Healthcare Matters. Retrieved 7 December 2014.