About Quippi
Quippi is a company based in San Diego (United States) founded in 2012 was acquired by Emida in October 2015.. Quippi has raised $2.43 million across 2 funding rounds from investors including Franklin Templeton, Accion and Avalon Ventures. Quippi operates in a competitive market with competitors including StoreCash, Gyft, Bitrefill, eGifter and GiftYa, among others.
- Headquarter San Diego, United States
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Sectors
Financial ServicesRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Quippi Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.43 M (USD)
in 2 rounds
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Latest Funding Round
$150 K (USD), Series A
Oct 14, 2019
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Investors
Franklin Templeton
& 3 more
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Employee Count
Employee Count
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Acquired by
Emida
(Oct 06, 2015)
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Funding Insights of Quippi
Quippi has successfully raised a total of $2.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $150 thousand completed in October 2019. 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 Series A — $150,000
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First Round
First Round
(09 Jan 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series A - Quippi | Valuation | Franklin Templeton Investments |
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| Jan, 2014 | Amount | Series A - Quippi | Valuation | Avalon Ventures , Accion |
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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 Quippi
Quippi has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Franklin Templeton, Accion and Avalon 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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Seed and early-stage venture capital is provided to US companies.
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Founded Year | Domain | Location | |
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Diversified investment management services are offered globally by the firm.
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Founded Year | Domain | Location | |
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Foundation focused on early-stage investments in fintech sector
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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 Quippi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
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 - Quippi
| 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 |
Quippi Comparisons
Competitors of Quippi
Quippi 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 StoreCash, Gyft, Bitrefill, eGifter and GiftYa, 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 |
Virtual gifting cards are generated via mobile app for retailers.
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| domain | founded_year | HQ Location |
Gift cards are offered through a web and mobile marketplace.
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| domain | founded_year | HQ Location |
Gift cards are retailed online via cryptocurrency payments.
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| domain | founded_year | HQ Location |
Social e-gifting platform
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| domain | founded_year | HQ Location |
Digital gift cards are sent via an app-based online platform.
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| domain | founded_year | HQ Location |
Cross-border bill payments and remittances
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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 Quippi
When was Quippi founded?
Quippi was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Quippi located?
Quippi is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Quippi a funded company?
Quippi is a funded company, having raised a total of $2.43M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.28M, raised on Jan 09, 2014.
What does Quippi do?
Quippi is the first fee-free International Shopping Card that empowers immigrants who live in the U.S. to support their loved ones abroad. Quippis cards are accepted at major retailers in Mexico, including Chedraui and Coppel. The customer buys a gift-card PIN offline or online and sends the PIN to hisher familyfriends in Mexico. The latter can now use the PIN to buy from partner stores or sites. The retailer on behalf of which Quippi releases the card is charged, not the consumer.
Who are the top competitors of Quippi?
Who are Quippi's investors?
Quippi has 4 investors. Key investors include Franklin Templeton, Accion, Avalon Ventures, and Emida.
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