Greetz

Amsterdam, Netherlands Founded: 2004 • Age: 22 yrs Acquired By PhotoBox
Online platform for personalised gifts like flowers, balloons, photo gifts, and cards
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About Greetz

Greetz is a company based in Amsterdam (Netherlands) founded in 2004 was acquired by PhotoBox in August 2018.. Greetz has raised $15.83 million across 2 funding rounds from investors including PhotoBox, Prime Ventures and ePlanet Capital. Greetz has completed 1 acquisition, including AhaOho. Greetz offers products and services including Personalized Cards, Flowers, Balloons, and Chocolates. Greetz operates in a competitive market with competitors including GiftForYou, Gravissimo, Giftbox Company, Qracom and Lokalinc, among others.

  • Headquarter Amsterdam, Netherlands
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.83 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.88 M (USD), Series B

    Mar 11, 2009

  • Investors
    PhotoBox

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    PhotoBox

    (Aug 22, 2018)

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Products & Services of Greetz

Greetz offers a comprehensive portfolio of products and services, including Personalized Cards, Flowers, Balloons, and Chocolates. 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

Platform for creating and sending custom cards for events.

Online ordering and delivery of bouquets for various occasions.

Helium balloons with personalization for celebrations.

Selection of branded chocolates for gifting purposes.

People of Greetz
Headcount 50-200
Employee Profiles 21
Employee Profiles
People
Amal Kamar
Directeur Marketing
People
Michelle de Wit
Senior Graphic Designer And Supplier Manager
People
Anoeska Huige
Illustrator
People
Bouke Plat
Head Of Business Analytics - International

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Funding Insights of Greetz

Greetz has successfully raised a total of $15.83M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.88 million completed in March 2009. 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 2
  • Last Round Series B — $8.9M
  • First Round

    (14 Sep 2007)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2009 Amount Series B - Greetz Valuation EPlanet Capital
Sep, 2007 Amount Series A - Greetz Valuation

investors

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 Greetz

Greetz has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include PhotoBox, Prime Ventures and ePlanet 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
Investor Description Founded Year Domain Location
Venture capital is invested in European technology sectors.
Founded Year Domain Location
Investment in technology businesses with high growth potential and data-driven analysis.
Founded Year Domain Location
Photo products are customized and sold online by PhotoBox.
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 Greetz

Greetz has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AhaOho. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Customized postcards are designed and sent through an online platform.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Greetz

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

Greetz Comparisons

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Competitors of Greetz

Greetz 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 GiftForYou, Gravissimo, Giftbox Company, Qracom and Lokalinc, 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
Multi-category gifts are offered online for various occasions.
domain founded_year HQ Location
A web and mobile platform for creating and purchasing personalized gifts.
domain founded_year HQ Location
Operates a digital hub for multi-category gifting products.
domain founded_year HQ Location
Functions as an online retailer specializing in gift shop products.
domain founded_year HQ Location
Hosts a digital marketplace for buying gifts.
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 Greetz

Frequently Asked Questions about Greetz

When was Greetz founded?

Greetz was founded in 2004 and raised its 1st funding round 3 years after it was founded.

Where is Greetz located?

Greetz is headquartered in Amsterdam, Netherlands.

Is Greetz a funded company?

Greetz is a funded company, having raised a total of $15.83M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.95M, raised on Sep 14, 2007.

What does Greetz do?

Greetz was founded in 2004 and is headquartered in Amsterdam, Netherlands. An e-commerce platform is operated, focusing on personalized gifts within the retail sector. Flowers, balloons, photo gifts, and greeting cards are designed, produced, and sold directly. Kaartenhuis, the largest e-card site in the Netherlands, was acquired in 2008. An audience award was won at the Home Shopping Awards in 2016 for the fourth time.

Who are the top competitors of Greetz?

Greetz's top competitors include GiftForYou, Gravissimo and Giftbox Company.

What products or services does Greetz offer?

Greetz offers Personalized Cards, Flowers, Balloons, and Chocolates.

How many acquisitions has Greetz made?

Greetz has made 1 acquisition, including AhaOho.

Who are Greetz's investors?

Greetz has 3 investors. Key investors include PhotoBox, Prime Ventures, and ePlanet Capital.

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