About Gifts Project
Gifts Project is a company based in Tel Aviv (Israel) founded in 2009 was acquired by eBay in September 2011.. Gifts Project has raised $1 million across 2 funding rounds from investors including eBay, Gemini Israel Ventures and Index Ventures. Gifts Project operates in a competitive market with competitors including Tango Card, InComm, Blackhawk Network, Ackroo and QwikCilver, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of Gifts Project
Gifts Project has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in December 2010. 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 2
- Last Round Seed — $1.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2010 | Amount | Seed - Gifts Project | Valuation |
investors |
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| Dec, 2009 | Amount | Angel Round - Gifts Project | Valuation |
investors |
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| 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 Gifts Project
Gifts Project has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include eBay, Gemini Israel Ventures and Index 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.
| Investor | Description | Founded Year | Domain | Location |
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Early and seed stage investments are made in technology by Gemini Israel Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Multi-category consumer products are sold via an online marketplace platform.
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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 Gifts Project
| 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 - Gifts Project
| 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 |
Gifts Project Comparisons
Competitors of Gifts Project
Gifts Project 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 Tango Card, InComm, Blackhawk Network, Ackroo and QwikCilver, 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 |
Digital gift cards are provided for enterprise incentive programs.
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| domain | founded_year | HQ Location |
Prepaid products and payment services are provided globally.
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| domain | founded_year | HQ Location |
Prepaid cards for employee financial benefits are provided.
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| domain | founded_year | HQ Location |
SaaS-based gift card and loyalty programs are provided for businesses.
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| domain | founded_year | HQ Location |
Gift card and store value solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Digital gifting and incentives are facilitated by CashStar for retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Gifts Project
When was Gifts Project founded?
Gifts Project was founded in 2009.
Where is Gifts Project located?
Gifts Project is headquartered in Tel Aviv, Israel.
Is Gifts Project a funded company?
Gifts Project is a funded company, having raised a total of $1M across 2 funding rounds to date.
What does Gifts Project do?
Gifts Project was founded in 2009 in Tel Aviv, Israel, as a provider of white label solutions for e-commerce platforms. Group gifting functionality is facilitated, allowing multiple users to contribute payments toward shared purchases for friends. Key features encompass group payment processing, email notifications, referral tracking, and reporting with analytics. Operations focus on integration with online retail sites to support collaborative shopping experiences.
Who are the top competitors of Gifts Project?
Gifts Project's top competitors include Tango Card, QwikCilver and Ackroo.
Who are Gifts Project's investors?
Gifts Project has 3 investors. Key investors include eBay, Gemini Israel Ventures, and Index Ventures.