About Giftory
Giftory is a company based in Washington (United States) founded in 2023 by Eric Lauer.. Giftory has raised $10 million across 1 funding round from investors including Otium Capital. Giftory offers products and services including Gift Cards, Cooking Classes, Cruises and Sailing, and Driving Experiences. Giftory operates in a competitive market with competitors including Spafinder, Adrenaline, Funsherpa, Merry-Go and GiftyOne, among others.
- Headquarter Washington, United States
- Founders Eric Lauer
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Giftory, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Giftory
Giftory offers a comprehensive portfolio of products and services, including Gift Cards, Cooking Classes, Cruises and Sailing, and Driving Experiences. 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.
Digital cards for redeeming experiences like classes and tours
Interactive sessions for learning cooking skills
Guided boat experiences for leisure and dining
Activities involving exotic cars and racing
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Funding Insights of Giftory
Giftory has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 2023. 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 Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Giftory | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Giftory
Giftory has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Otium 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Giftory
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Giftory
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Giftory Comparisons
Competitors of Giftory
Giftory 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 Spafinder, Adrenaline, Funsherpa, Merry-Go and GiftyOne, 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 |
Spa, wellness, and beauty gift cards are provided globally.
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| domain | founded_year | HQ Location |
Experiences are offered as gifts via an online platform.
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| domain | founded_year | HQ Location |
A platform that allows users to gift or purchase experiences seamlessly.
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| domain | founded_year | HQ Location |
Operates as a platform for gifting unique experiences to users.
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| domain | founded_year | HQ Location |
Online platform for apparel and gift sales with shipping and support services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Giftory
When was Giftory founded?
Giftory was founded in 2023.
Where is Giftory located?
Giftory is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.
Who is the current CEO of Giftory?
Eric Lauer is the current CEO of Giftory. They have also founded this company.
Is Giftory a funded company?
Giftory is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2023.
What does Giftory do?
Founded in 2023, Giftory functions as an online platform in the experiential gifting sector. Services encompass a range of activities such as sports events, driving experiences, entertainment options, food and tours, spa treatments, cultural pursuits, flying adventures, and additional categories. These are tailored for special occasions, with gifting processes designed to involve both the giver and recipient. Operations remain fully digital, without a specified geographic base.
Who are the top competitors of Giftory?
Giftory's top competitors include Spafinder, Adrenaline and Funsherpa.
What products or services does Giftory offer?
Giftory offers Gift Cards, Cooking Classes, Cruises and Sailing, and Driving Experiences.
Who are Giftory's investors?
Giftory has 1 investor. Key investors include Otium Capital.