About Snappy
Snappy is a company based in New York (United States) founded in 2015 by Dvir Cohen and Hani Goldstein. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Snappy has raised $130 million across 4 funding rounds from investors including Hearst, Qumra Capital and 83NORTH. Snappy has completed 1 acquisition, including Covver. Snappy offers products and services including Corporate Gifting Platform, Swag Stores, and API Suite. Snappy operates in a competitive market with competitors including CustomInk, Alyce, Loop & Tie, Caroo and Craftom, among others.
- Headquarter New York, United States
- Founders Dvir Cohen, Hani Goldstein
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Snappy App, Inc.
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Products & Services of Snappy
Snappy offers a comprehensive portfolio of products and services, including Corporate Gifting Platform, Swag Stores, and API Suite. 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.
A platform for customizable corporate gifting is provided.
Branded swag stores for employees are easily launched.
Integration tools for gifting automation are seamlessly offered.
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Product Management Team
14 people
Leadership Team
9 people
Employee Team
8 people
Sales and Marketing
6 people
Operations Team
6 people
Finance and Accounting
5 people
Human Resources and Administration
5 people
Software Development Team
5 people
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Funding Insights of Snappy
Snappy has successfully raised a total of $130M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $25 million completed in April 2024. 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 4
- Last Round Series D — $25.0M
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First Round
First Round
(23 Oct 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series D - Snappy | Valuation | Qumra Capital | |
| May, 2021 | Amount | Series C - Snappy | Valuation | GGV Capital | |
| Aug, 2020 | Amount | Series B - Snappy | 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 |
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Investors in Snappy
Snappy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Hearst, Qumra Capital and 83NORTH. 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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Late-stage tech investments in Israel are made by Qumra Capital.
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Founded Year | Domain | Location | |
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Saban Ventures in Israel.
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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 Snappy
Snappy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Covver. 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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Advertising and branding services are provided to clients by Covver.
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2021 |
| 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 - Snappy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Snappy Comparisons
Competitors of Snappy
Snappy 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 CustomInk, Alyce, Loop & Tie, Caroo and Craftom, 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 |
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| domain | founded_year | HQ Location |
Reward-based crowdfunding is enabled via no-inventory t-shirt sales.
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| domain | founded_year | HQ Location |
Artificial intelligence based platform for corporate gifting
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| domain | founded_year | HQ Location |
An online marketplace for gifting digital gift cards is operated.
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| domain | founded_year | HQ Location |
Online gifting platform for corporate
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| domain | founded_year | HQ Location |
Customized corporate gifts are facilitated via an online B2B marketplace.
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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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| 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 Snappy
Frequently Asked Questions about Snappy
When was Snappy founded?
Snappy was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Snappy located?
Snappy is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Snappy?
Hani Goldstein is the current CEO of Snappy. They have also founded this company.
Is Snappy a funded company?
Snappy is a funded company, having raised a total of $130M across 4 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Oct 23, 2018.
What does Snappy do?
Snappy is engaged in delivering corporate gifting solutions aimed at enhancing employee engagement, customer loyalty, and pipeline acceleration. Services are provided across various industries including technology, healthcare, retail, and manufacturing. Customizable gifting experiences are offered through a platform that supports automation, global shipping, and integrations with HRIS and CRM systems. Branded swag stores and API suites are also developed to facilitate seamless business operations and partner integrations.
Who are the top competitors of Snappy?
Snappy's top competitors include CustomInk, Alyce and Loop & Tie.
What products or services does Snappy offer?
Snappy offers Corporate Gifting Platform, Swag Stores, and API Suite.
How many acquisitions has Snappy made?
Snappy has made 1 acquisition, including Covver.
Who are Snappy's investors?
Snappy has 6 investors. Key investors include Hearst, Qumra Capital, 83NORTH, Saban Ventures, and Notable Capital.