American Greetings

Cleveland, United States Founded: 1906 • Age: 120 yrs Acquired By Elliott Management
Digital greeting cards and personalized messaging services are offered.
Annual revenue - Latest available
Total funding $240.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About American Greetings

American Greetings is a company based in Cleveland (United States) founded in 1906 was acquired by Elliott Management in December 2024. It operates as a Subscription Services and Freemium. American Greetings has raised $240 million across 2 funding rounds from investors including Elliott Management, Koch Equity Development and CD&R. American Greetings has completed 6 acquisitions, including Blue Mountain, Cardstore and Egreetings. American Greetings offers products and services including Ecards, SmashUps™, and Creatacard™.

  • Headquarter Cleveland, United States
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name American Greetings Corporation
Operational Areas
Consumer → Stationery, Gifts & Specialty Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $240 M (USD)

    in 2 rounds

  • Latest Funding Round
    $240 M (USD), Private Equity Round

    Jun 01, 2013

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Elliott Management

    & 2 more

    (Dec 20, 2024)

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Products & Services of American Greetings

American Greetings offers a comprehensive portfolio of products and services, including Ecards, SmashUps™, and Creatacard™.

Product name locked
Category locked
Primary

Digital cards are offered for various occasions.

Product name locked
Category locked
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Customized video greetings are created for celebrations.

Product name locked
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Printable custom cards are designed for personal use.

People of American Greetings

Headcount 5000-10000
Employee Profiles 78
Employee Profiles
People
Ed Schaeffer
Director - Global Supply HR And Corporate Service
People
Kerry Ubbing
Wellness Program Director
People
Celeste Camp
Product Management Analyst
People
Colleen Smith
Associate Manager Shopper Marketing - Kroger/harris Teeter

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Funding Insights of American Greetings

American Greetings has successfully raised a total of $240M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $240 million completed in June 2013. 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.

Investors in American Greetings

American Greetings has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Elliott Management, Koch Equity Development and CD&R.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are focused on the United States market.
Locked Locked Locked
A private equity firm focused on building long-term business value.
Locked Locked Locked
Multiple sectors are invested in by the hedge fund.
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Investor details for American Greetings

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  • Participation history

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Investments & Acquisitions by American Greetings

American Greetings has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Blue Mountain, Cardstore and Egreetings.

Investments
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Investment portfolio details for American Greetings

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Offers an app providing ringtone services
Locked Locked 2001 Locked
Online greetings card store
Locked Locked 1999 Locked
Small-batch handcrafted whiskey is produced from local grains.
Locked Locked 1999 Locked
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Complete acquisition details for American Greetings

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Financial Statements - American Greetings

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Detailed financials for American Greetings

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  • Profit trends
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American Greetings Comparisons

American Greetings Primary company
Description
Digital greeting cards and personalized messaging services a...
Location
Cleveland, United States
Founded Year
1906
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for American Greetings

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Competitors of American Greetings

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Detailed competitors of American Greetings

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Latest news on American Greetings

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Complete news archive for American Greetings

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Frequently Asked Questions about American Greetings

American Greetings was founded in 1906 and raised its 1st funding round 107 years after it was founded.

American Greetings is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

Judie Cunningham is the current CEO of American Greetings.

American Greetings is a funded company, having raised a total of $240M across 2 funding rounds to date.

American Greetings is involved in the creation and distribution of digital ecards, personalized SmashUps, and printable Creatacards for various occasions and holidays. The company operates in the consumer goods sector, focusing on greeting cards and digital gifting solutions. Services are offered through subscription-based and freemium models, allowing users to send unlimited greetings and access premium content. Additional digital gifts like eGift cards and interactive experiences are provided to enhance customer engagement across personal and celebratory moments.

American Greetings offers Ecards, SmashUps™, and Creatacard™.

American Greetings has made 6 acquisitions, including Blue Mountain, Cardstore, and Egreetings.

American Greetings has 3 investors. Key investors include Elliott Management, Koch Equity Development, and CD&R.

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