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Karin Cabili

Founder & CEO at Dropit Shopping | Making commerce faster, cheaper, greener, and more customer-centric than ever.

Karin Cabili is the Founder and CEO of DropIt Shopping - We Unify Retail, a retail technology company she established in June 2014.1 Based in London, United Kingdom, Cabili is dedicated to enhancing efficiency, profitability, and customer service in the retail industry, particularly in the digital era.

Cabili's entrepreneurial journey includes:

  1. Founding DropIt Shopping, which provides AI-driven SAAS solutions to unify and optimize online and offline retail channels.2
  2. Previously founding and leading Supreme, an exclusive bar service and high-end events planning company, from January 2009 to January 2015.1

The inspiration for DropIt Shopping came during a business trip to New York when Cabili spotted a perfect pair of shoes but couldn't purchase them due to an upcoming meeting.3 This led her to create a service that collects shoppers' purchases from subscribing shops and delivers them to homes or hotel rooms.3

Under Cabili's leadership, DropIt has achieved significant milestones:

  • Expanded from London to retail destinations across the US, Canada, UK, Ireland, and Belgium.2
  • Raised $25 million in a Series C funding round in November 2022.2
  • Developed AI-powered technology that integrates with retailers' existing systems to optimize inventory, sourcing, and returns.4

Cabili's vision for DropIt is to unify retail in a new way, providing synergy, flexibility, and agility for retailers to maximize revenues, operate efficiently, and deliver exceptional customer experiences.2

Highlights

Nov 3 · linkedin

I am thrilled to announce the closing of Dropit’s Series C funding round, kicking off the next phase in our mission to make retail as cost effective and environmentally sustainable as possible through the application our advanced SaaS solutions.

Coming from a family of retailers, seeing to the industry’s success is something that feels instilled in my DNA. In truth, retail is ingrained in humanity’s DNA, an integral part of personal expression as well as global economic and cultural exchange. According to the National Retail Federation, retail supports more than 52 million jobs globally, touches countless supply and service chains, and serves billions of consumers. Caring for this industry that touches so many lives - answering key challenges in practical ways to ensure that retail continues to benefit all stakeholders - is no small thing.

Since founding Dropit, I’ve had the privilege to partner with the finest retail and product development experts to tackle tough questions, namely, how best to promote efficiency,  environmental sustainability and resilience, without compelling retailers to uproot their existing technology or operational infrastructure. We continue to improve our agile technology platform with versatile omnichannel commerce solutions that answer these questions, thinking of ourselves as tailors dedicated to mending the holes in fulfillment and distribution pipelines with technologies that seamlessly unify retail channels.

I am deeply grateful for the non-stop dedication of the Dropit Shopping global team, all of whom work tirelessly and with an enthusiasm and agility that always inspires me, to ensure that we maintain our sprint toward our mission. I also give special thanks to our existing shareholders and retail partners, whose belief and faith in our ability to answer retail’s monumental challenges sustained us through the Coronavirus Pandemic, and enabled us to expand our technology capabilities and services to retailers at a time they needed it most.

I am honored to have the support of new investors who share our big picture vision of the industry that is at once healthy for individual retailers, the economy, and the environment.

Here’s to our next steps at Dropit and a bright future for retail at large. #congratulations #team #retailtech #omnichannelretail #seriesc

Related Questions

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Karin Cabili
Karin Cabili, photo 1
Karin Cabili, photo 2
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Location

Greater London, England, United Kingdom