About Shutterfly
Shutterfly is a company based in Redwood City (United States) founded in 1999 was acquired by Apollo Global Management in June 2019.. Shutterfly has raised $70.48 million across 5 funding rounds from investors including Apollo Global Management, Mohr Davidow Ventures and Adobe Ventures. Shutterfly has completed 10 acquisitions, including BorrowLenses.com, GrooveBook and Kodak Gallery. Shutterfly offers products and services including Photo Books, Cards, Prints, Gifts, and Mobile App. Shutterfly operates in a competitive market with competitors including Chatbooks, Snapfish, Zazzle, Cheerz and Mixbook, among others.
- Headquarter Redwood City, United States
- Stage Public
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Sectors
Media & EntertainmentRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shutterfly, 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
$70.48 M (USD)
in 5 rounds
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Latest Funding Round
$459.87 K (USD), Series D
Jun 21, 2006
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Investors
Apollo Global Management
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
BorrowLenses.com
& 9 more
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Acquired by
Apollo Global Management
(Jun 10, 2019)
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Products & Services of Shutterfly
Shutterfly offers a comprehensive portfolio of products and services, including Photo Books, Cards, Prints, Gifts, and Mobile App. 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.
Service for creating and ordering custom photo books online.
Platform for designing and printing personalized greeting cards.
Offers high-quality printing of individual photos and wall art.
Customizable gifts like wedding items through online ordering.
App for unlimited free prints and photo management.
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Software Development Team
57 people
Product Management Team
41 people
Leadership Team
40 people
Senior Team
22 people
Finance and Accounting
22 people
Operations Team
13 people
Human Resources and Administration
13 people
Sales and Marketing
10 people
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Funding Insights of Shutterfly
Shutterfly has successfully raised a total of $70.48M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $459.87 thousand completed in June 2006. 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 5
- Last Round Series D — $459,871
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First Round
First Round
(24 Feb 2000)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2006 | Amount | Series D - Shutterfly | Valuation |
investors |
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| Dec, 2005 | Amount | Series D - Shutterfly | Valuation |
investors |
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| Nov, 2002 | Amount | Series C - Shutterfly | 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 Shutterfly
Shutterfly has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Apollo Global Management, Mohr Davidow Ventures and Adobe 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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Venture capital investments are managed in technology and healthcare sectors by this firm.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on SaaS and multiple sectors
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Founded Year | Domain | Location | |
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Buyouts are targeted through private equity investments by the firm.
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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 Shutterfly
Shutterfly has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include BorrowLenses.com, GrooveBook and Kodak Gallery. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online photo printing platform
|
2011 | ||||
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Provides a mobile app for convenient photo printing services.
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2011 | ||||
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Personalized photo books were provided for customers.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shutterfly
| 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 |
Shutterfly Comparisons
Competitors of Shutterfly
Shutterfly 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 Chatbooks, Snapfish, Zazzle, Cheerz and Mixbook, 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 |
Provider of automatic photo-book creation and printing services
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| domain | founded_year | HQ Location |
Photo hosting and customized photo-based products provider
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| domain | founded_year | HQ Location |
Customized products are designed and sold on an online marketplace.
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| domain | founded_year | HQ Location |
Personalized photo products are created and delivered online.
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| domain | founded_year | HQ Location |
Customized photo products like books and canvases are created online.
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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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Latest news on Shutterfly
Frequently Asked Questions about Shutterfly
When was Shutterfly founded?
Shutterfly was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Shutterfly located?
Shutterfly is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Shutterfly a funded company?
Shutterfly is a funded company, having raised a total of $70.48M across 5 funding rounds to date. The company's 1st funding round was a Series C of $2.03M, raised on Feb 24, 2000.
What does Shutterfly do?
Shutterfly was established in 1999 in Redwood City, United States, within the consumer goods sector. Operations center on personalized photo-based items, such as photo books, postcards, gifts, home decor, and calendars. Various photo services and products are also delivered under multiple brand names, supporting user customization needs across the domain shutterfly.com.
Who are the top competitors of Shutterfly?
What products or services does Shutterfly offer?
Shutterfly offers Photo Books, Cards, Prints, Gifts, and Mobile App.
How many acquisitions has Shutterfly made?
Shutterfly has made 10 acquisitions, including BorrowLenses.com, GrooveBook, and Kodak Gallery.
Who are Shutterfly's investors?
Shutterfly has 3 investors. Key investors include Apollo Global Management, Mohr Davidow Ventures, and Adobe Ventures.
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