Alyce

Boston, United States Founded: 2015 • Age: 11 yrs Acquired By Sendoso
Artificial intelligence based platform for corporate gifting
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About Alyce

Alyce is a company based in Boston (United States) founded in 2015 by Greg Segall was acquired by Sendoso in February 2024.. Alyce has raised $48.45 million across 3 funding rounds from investors including Sendoso, General Catalyst and Boston Seed Capital. Alyce offers products and services including Personal Gifting, 1:Many Gifting, and Swag OnDemand. Alyce operates in a competitive market with competitors including CustomInk, Snappy, Loop & Tie, Caroo and Craftom, among others.

  • Headquarter Boston, United States
  • Founders Greg Segall
  • Sectors
    Technology
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $48.45 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Apr 08, 2021

  • Investors
    Sendoso

    & 9 more

  • Employee Count
    Employee Count
  • Acquired by
    Sendoso

    (Feb 01, 2024)

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Products & Services of Alyce

Alyce offers a comprehensive portfolio of products and services, including Personal Gifting, 1:Many Gifting, and Swag OnDemand. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables 1:1 personalized gifts for targeted business outreach

Facilitates sending gifts to multiple recipients for campaigns

Provides on-demand swag for events and internal teams

People of Alyce
Headcount 50-200
Employee Profiles 3
Employee Profiles
People
Boris Chesnov
Senior Software Engineer
People
Evgenii Kabanov
Senior Frontend Engineer
People
Hrant Arakelyan
Back End Developer

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Funding Insights of Alyce

Alyce has successfully raised a total of $48.45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series B — $30.0M
  • First Round

    (24 Oct 2017)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Series B - Alyce Valuation General Catalyst
Jun, 2019 Amount Series A - Alyce Valuation Manifest
Oct, 2017 Amount Series A - Alyce Valuation Boston Seed Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Alyce

Alyce has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Sendoso, General Catalyst and Boston Seed Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
Founded Year Domain Location
US seed-stage tech startups are funded by Boston Seed Capital.
Founded Year Domain Location
Seed-stage investments are directed toward North American startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Alyce

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Alyce

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alyce Comparisons

Employees
+
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Competitors of Alyce

Alyce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CustomInk, Snappy, Loop & Tie, Caroo and Craftom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Reward-based crowdfunding is enabled via no-inventory t-shirt sales.
domain founded_year HQ Location
Corporate gifts are provided via an online platform for businesses.
domain founded_year HQ Location
An online marketplace for gifting digital gift cards is operated.
domain founded_year HQ Location
Online gifting platform for corporate
domain founded_year HQ Location
Customized corporate gifts are facilitated via an online B2B marketplace.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alyce

Frequently Asked Questions about Alyce

When was Alyce founded?

Alyce was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Alyce located?

Alyce is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of Alyce?

Greg Segall is the current CEO of Alyce. They have also founded this company.

Is Alyce a funded company?

Alyce is a funded company, having raised a total of $48.45M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.3M, raised on Oct 24, 2017.

What does Alyce do?

Alyce was established in 2015 in Boston, United States, within the technology sector. An AI-driven platform is offered for corporate gifting purposes. Recipient information is uploaded by users to the system, where gifts are recommended based on social media analysis. Each selected gift is accompanied by a handwritten note. Operations focus on streamlining personalized gifting for business applications.

Who are the top competitors of Alyce?

Alyce's top competitors include CustomInk, Snappy and Loop & Tie.

What products or services does Alyce offer?

Alyce offers Personal Gifting, 1:Many Gifting, and Swag OnDemand.

Who are Alyce's investors?

Alyce has 10 investors. Key investors include Sendoso, General Catalyst, Boston Seed Capital, Golden Ventures, and Manifest Investment Partners.

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