About Yiftee
Yiftee is a company based in Menlo Park (United States) founded in 2011.. Yiftee has raised $2.95 million across 2 funding rounds from investors including TransPacific Venture Partners, Asset Management Ventures and Scott Cook. Yiftee offers products and services including Community Cards and Merchant Gift Cards. Yiftee operates in a competitive market with competitors including Tango Card, InComm, Blackhawk Network, CashStar and Tillo, among others.
- Headquarter Menlo Park, United States
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Sectors
RetailFinancial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.95 M (USD)
in 2 rounds
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Latest Funding Round
$2.1 M (USD), Series A
Jan 28, 2014
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Investors
TransPacific Venture Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of Yiftee
Yiftee offers a comprehensive portfolio of products and services, including Community Cards and Merchant Gift Cards. 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.
eGift cards for supporting local community businesses
Custom branded cards for merchant promotions
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Funding Insights of Yiftee
Yiftee has successfully raised a total of $2.95M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in January 2014. 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 — $2.1M
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First Round
First Round
(09 Jan 2013)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Series A - Yiftee | Valuation | TransPacific Venture Partners | |
| Jan, 2013 | Amount | Seed - Yiftee | Valuation |
investors |
| 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 Yiftee
Yiftee has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include TransPacific Venture Partners, Asset Management Ventures and Scott Cook. 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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Founded Year | Domain | Location | |
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Early-stage US companies are invested in by Asset Management Ventures.
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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 |
| 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 Yiftee
| 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 |
Financial Statements - Yiftee
| 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 |
Yiftee Comparisons
Competitors of Yiftee
Yiftee 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 Tango Card, InComm, Blackhawk Network, CashStar and Tillo, 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 |
Digital gift cards are provided for enterprise incentive programs.
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| domain | founded_year | HQ Location |
Prepaid products and payment services are provided globally.
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| domain | founded_year | HQ Location |
Prepaid cards for employee financial benefits are provided.
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| domain | founded_year | HQ Location |
Digital gifting and incentives are facilitated by CashStar for retailers.
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| domain | founded_year | HQ Location |
Employee rewarding platform
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| domain | founded_year | HQ Location |
Digital gift cards are supplied to businesses through white-label software.
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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 Yiftee
Frequently Asked Questions about Yiftee
When was Yiftee founded?
Yiftee was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Yiftee located?
Yiftee is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is Yiftee a funded company?
Yiftee is a funded company, having raised a total of $2.95M across 2 funding rounds to date. The company's 1st funding round was a Seed of $850K, raised on Jan 09, 2013.
What does Yiftee do?
Yiftee was founded in 2011 and is headquartered in Menlo Park, United States. Software suite solutions for gift cards are offered, focusing on electronic services. Community eGift Cards and point-of-sale-independent single-brand eGift Cards are included in the platform, designed to retain local cash within communities. Purchases can be made through the companys website, supporting operations in the digital payments sector.
Who are the top competitors of Yiftee?
Yiftee's top competitors include Tango Card, Tillo and InComm.
What products or services does Yiftee offer?
Yiftee offers Community Cards and Merchant Gift Cards.
Who are Yiftee's investors?
Yiftee has 6 investors. Key investors include TransPacific Venture Partners, Asset Management Ventures, Scott Cook, Burt Sugarman, and Jillian Manus.