About Gyft
Gyft is a Retail company based in San Francisco (United States) founded in 2012, and was acquired by First Data in July 2014. Gift cards are offered through a web and mobile marketplace. Gyft has raised $11.9 million across 3 funding rounds from investors including Fiserv, Social Capital and Karlin Ventures. Its website gyft.com draws about 174 thousand monthly visits. Gyft offers products and services including Gyft App and Corporate Gift Cards. Its focus areas include Consumer, Online Gifting, Ecommerce and Gift Cards. Its legal entity is Gyft, Inc. Its competitors include Bitrefill, eGifter and GiftYa; 3 of its 3 listed competitors have raised funding.
Company details
Gyft was founded in 2012 and is headquartered in San Francisco, United States, where a web and mobile marketplace for gift cards is operated within the e-commerce sector. Acquisition by First Data Corporation took place in 2015, establishing it as a wholly owned subsidiary. Applications are provided on Android and iOS platforms, with partnerships maintained alongside over 200 retailers. A B2B API program is also supported for third-party corporate integrations.
- Headquarters San Francisco, United States
- Stage Acquired
- SectorsRetail
- Website gyft.com
- Social LinkedIn X Facebook
- Acquired by First Data (Jul 2014)
- Legal Name Gyft, Inc.
- Total Equity Funding$11.9M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Series A
Sep 2013
- InvestorsFiserv
& 8 more
- Acquired byFirst Data
(Jul 2014)
Products & Services of Gyft
Gyft offers a comprehensive portfolio of products and services, including Gyft App and Corporate Gift Cards.
App for buying, sending, and managing digital gift cards
Service for bulk procurement and distribution of gift cards
Apps and channels of Gyft
Gyft publishes 2 mobile apps with over 500K+ downloads.
Funding Insights of Gyft
Gyft has successfully raised a total of $11.9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in September 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.
- Total Funding $11.9M
- Total Rounds 3
- Last Round Series A — $5M
- First Round $1.25M
(Sep 2012)
- Investors Count 8
All 3 funding rounds of Gyft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $5M | Series A | – | – | |
| Sep 2013 | $5.65M | Series A | – | – | |
| Sep 2012 | $1.25M | Seed | – | – |
9 investors in total: 9 institutional.
Investors in Gyft
Gyft has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Fiserv, Social Capital and Karlin Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital funding is provided by Karlin Ventures. | karlinvc.com | Los Angeles, USA | ||
Stage-agnostic investments in US tech sectors are pursued. | agradeinvestments.com | Los Angeles, United States | ||
US focused VC firm investing in seed & growth stage companies | 2011 | socialcapital.com | Menlo Park, United States | |
Early-stage venture capital firm backed by single family office | haasportman.com | Atlanta, United States | ||
Venture capital firm focused on tech sectors | foundercollective.com | Cambridge, United States | ||
Early-stage VC firm investing in the US | romuluscap.com | Boston, United States | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Payment processing and electronic commerce services are offered worldwide. | 1971 | firstdata.com | Atlanta, United States |
Investor details for Gyft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Gyft
662 people are tracked at Gyft (431 in leadership, 8 in board & advisors, 223 in team).
| Name | Role | Group |
|---|---|---|
Hemal Yadav | Director IT | Leadership |
Guy Chiarello | COO | Leadership |
Christopher M. Foskett | Chief Sales Officer & Vice Chairman | Leadership |
Riegie Godwin Jeyaranchen | Director Of Software Engineering | Leadership |
Prasanna Dhore | CDO & President, Data Commerce Solutions | Leadership |
Deva Annamalai | Head Of Strategy And Solutions Consulting, Digital Payments | Leadership |
Carlos Correal | Director Of Engineering | Leadership |
Brianne Mathew | Director Information Technology II Customer Experiences | Leadership |
Eric Pofsky | Senior Vice President Finance | Leadership |
Joshua Bates | Director, Mainframe Security Engineering | Leadership |
Jason Roth | Director, IT Architecture | Leadership |
Andrew Gelb | Head of Financial Solutions | Leadership |
Robin Ording | Senior Vice President, Talent Management & Learning | Leadership |
Yezdi M. | Vice President Information Technology | Leadership |
Ashit Dave’ | VP Of IT | Leadership |
Edwin Fromayan | Vice President Information Technology Services | Leadership |
Andy Haffke | Vice President Information Technology | Leadership |
Jochen Figge | Director Key Accounts | Client Relations | Leadership |
Umesh Raj | Senior Director, Digital Experience And E-commerce Technology | Leadership |
Mohd Amir | Vice President Of Technology | Leadership |
642 more people are available in the full profile.
Complete people profiles for Gyft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
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Timeline of Gyft
4 dated milestones of Gyft across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Gyft is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $5.0M.
- Exit Acquired by First Data.
Competitors of Gyft
Gyft has 3 listed competitors in our database, 3 of them funded. They include Bitrefill, eGifter and GiftYa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitrefill.com | 2014 | San Mateo, United States | $2M | Gift cards are retailed online via cryptocurrency payments. | ||
| egifter.com | 2011 | Melville, United States | $8.33M | Social e-gifting platform | ||
| giftya.com | 2010 | Pittsburgh, United States | $1M | Digital gift cards are sent via an app-based online platform. |
Detailed competitors of Gyft
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Gyft
The website of Gyft (gyft.com) receives about 173.5K visits a month.
- Monthly visits173.5K
▼ 3.2% vs previous month
Websites whose visitors overlap most with Gyft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| perfectgift.com | 100% | 1.6M | #20,977 | View details | |
| bitpremier.com | 94% | View details | |||
| cardforcoin.com | 91% | 680.7K | View details | ||
cryfter.com | cryfter.com | 90% | – | ||
| dealzy.app | 88% | 246.7K | #156,553 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Gyft
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Stationery, Gifting & Handicrafts E-Commerce
3 companies that operate in the same segment as Gyft (Stationery, Gifting & Handicrafts E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | 355 | ||
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | 101 |
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Related news about Gyft
Complete news archive for Gyft
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Frequently Asked Questions about Gyft
Gyft was founded in 2012.
Gyft is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Gyft is a funded company, having raised a total of $11.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Sep 2012.
Gyft was founded in 2012 and is headquartered in San Francisco, United States, where a web and mobile marketplace for gift cards is operated within the e-commerce sector. Acquisition by First Data Corporation took place in 2015, establishing it as a wholly owned subsidiary. Applications are provided on Android and iOS platforms, with partnerships maintained alongside over 200 retailers. A B2B API program is also supported for third-party corporate integrations.
Gyft offers Gyft App and Corporate Gift Cards.
Gyft has 9 investors. Key investors include Fiserv, Social Capital, Karlin Ventures, A-Grade Investments, and Haas Portman.
Gyft operates through Gyft, Inc..
Yes. Gyft was acquired by First Data in July 2014.
Yes. Gyft publishes Gyft - Mobile Gift Card Wallet and 1 more app, with over 500,000 downloads.
The website of Gyft receives about 174 thousand visits a month.