Congrats to Drip on its Series A!

We’re excited to share that Drip has raised $28.5 million in combined seed and Series A funding from Base10 Ventures, Kindred, Harlem Capital, as well as various angels — plus, of course, Eniac Ventures. The Series A values the company at more than $100 million.

You can read more about the funding in TechCrunch, where CEO Javaughn Lawrence describes his startup as building “the Shopify for livestream commerce.” In other words, it’s creating tools that anyone can use to offer live shopping experiences such as livestream auctions and drops.