Giftly

San Francisco, United States Founded: 2010 • Age: 16 yrs Acquired By GiftCards.com
Digital gift cards are provided by online retailer Giftly.
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About Giftly

Giftly is a company based in San Francisco (United States) founded in 2010 was acquired by GiftCards.com in May 2013.. Giftly has raised $2.9 million across 1 funding round from investors including Lightspeed Venture Partners, GiftCards.com and Baseline Ventures. Giftly operates in a competitive market with competitors including Bitrefill, eGifter, Gyft, GiftYa and Karma, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.9 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.9 M (USD), Seed

    Oct 21, 2011

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GiftCards.com

    (May 22, 2013)

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People of Giftly
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Zachary Eisenstat
Director Of Giftly Corporate
People
Timothy Bentley
CEO, Founder

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Teams

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Funding Insights of Giftly

Giftly has successfully raised a total of $2.9M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.9 million completed in October 2011. 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 1
  • Last Round Seed — $2.9M
  • First Round

    (21 Oct 2011)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2011 Amount Seed - Giftly Valuation Baseline Ventures , Lightspeed Venture Partners
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 Giftly

Giftly has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, GiftCards.com and Baseline Ventures. 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
Investor Description Founded Year Domain Location
Seed and early-stage investments are focused on US tech companies.
Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
Seed & early stage VC firm investing in the US
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 Giftly

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 - Giftly

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

Giftly Comparisons

Employees
+
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Competitors of Giftly

Giftly 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 Bitrefill, eGifter, Gyft, GiftYa and Karma, 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
Gift cards are retailed online via cryptocurrency payments.
domain founded_year HQ Location
Social e-gifting platform
domain founded_year HQ Location
Gift cards are offered through a web and mobile marketplace.
domain founded_year HQ Location
Digital gift cards are sent via an app-based online platform.
domain founded_year HQ Location
Social analysis enables mobile gifting to friends based on profiles.
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 Giftly

Frequently Asked Questions about Giftly

When was Giftly founded?

Giftly was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Giftly located?

Giftly is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Giftly a funded company?

Giftly is a funded company, having raised a total of $2.9M across 1 funding round to date. The company's 1st funding round was a Seed of $2.9M, raised on Oct 21, 2011.

What does Giftly do?

Giftly was founded in 2010 in San Francisco, United States, and operates as an online retailer in the digital gifting sector. The platform enables users to purchase and send digital gift cards valued up to 1000. Personalization options, including custom greeting cards, are offered to recipients. Services focus on streamlined e-commerce transactions for various gift amounts without physical delivery.

Who are the top competitors of Giftly?

Giftly's top competitors include Bitrefill, Gyft and eGifter.

Who are Giftly's investors?

Giftly has 6 investors. Key investors include Lightspeed Venture Partners, GiftCards.com, Baseline Ventures, RPM Ventures, and Floodgate.

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