Snappy Raises $70 Million To Spread Smiles Across The World As It Reinvents Gifting For The Modern Era

May 26, 2021•about 4 years ago

Amount Raised

$70 Million

Description

Snappy, the New York-based tech platform revolutionizing gifting, today announced it has completed a $70 million Series C funding round, bringing total funding for the company to over $100 million. This latest investment was led by GGV Capital with participation from existing investors 83North, Saban Ventures and Hearst Ventures. The company will use these funds to continue to invest in world class talent and innovation as it expands into additional segments and markets, explores acquisitions and continues to redefine the category.

Company Information

Company

Snappy

About

Founded in 2015, Snappy is an award-winning, all-in-one gifting platform that combines fun, personal gifting experiences with advanced technology that takes the guesswork out of gifting. We help companies show true appreciation to their employees and customers, spreading smiles and boosting loyalty and productivity at the touch of a button. Snappy is headquartered in New York and employs 130 people across four countries. Snappy was named to Inc.’s 2021 Best Workplaces list as well as Fortune’s “Best Small & Medium Workplaces.” Snappy's stance on diversity and inclusion, its active focus on give-back programs and its fundamental mission to spread happiness through fun, thoughtful gifts lead the way in unlocking the power of human kindness at work. For more information, visit www.snappy.com or contact press@snappy.com

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Snappy Raises $70 Million To Spread Smiles Across The World As It Reinvents Gifting For The Modern Era

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Company Information