Doppler & SVB Update

A message from Doppler CEO Brian Vallelunga regarding recent events involving Silicon Valley Bank.
Mar 11, 2023

Update: As of March 13, 2023, the SVB depositors will have full access to their funds, thanks to the FDIC intervention. This is a huge relief for the industry and the thousands of start-ups that were impacted. This doesn’t change our support for our community. If you’re experiencing further disruptions, please reach out to our support team.

The last few days have been shocking as we witness the collapse of Silicon Valley Bank (SVB), a trusted partner for many startups. Doppler incorporated through the Stripe Atlas program in 2018, which came with an accompanying bank account at SVB. They have been a part of our history since the beginning, as I imagine many of our customers share similar stories.

I want to assure you that Doppler has not been impacted by the SVB implosion and will continue to operate normally. That being said we take the current events very seriously and are looking into ways to minimize the risk of a cascading industry wide bank run.

To all Doppler users impacted by this event, I deeply sympathize with what you are going through. I know both the emotional and strategic weight this can bear, having gone through something in the past that had similar outcomes. To help, we are offering 2 free months of services for any paying customers impacted by the SVB shutdown. All you need to do is reply to this email with a screenshot of the email you received from SVB showing you have been impacted.

I am hoping for the best,
Brian Vallelunga
CEO of Doppler