Snappy, a NYC-based provider of a gifting platform, raised $25M in Series D funding.
The round was led by Qumra Capital with participation from 83North, Saban Ventures, Notable Capital, and Hearst Ventures.
The company intends to use the funds to enhance its marketplace offerings, accelerate research and development (R&D) efforts for innovative technologies, and expand its product offerings.
Led by CEO Hani Goldstein, Snappy offers a gifting platform and a curated marketplace featuring a selection of premium gifts, more than 30 business integrations, and innovative gamification. The company has delivered more than 5 million gifts globally acting as a partner to 47% of the Fortune 100.
The investment follows a notable year for Snappy, marked by advancements, including continued growth for its self-service offering, expanded swag solutions, and the introduction of a digital gift hunt as part of its new recipient experience. Additionally, a new API integration allows customers to streamline operations while charging employee engagement. Upcoming initiatives include launching Snappy Experiences for experiential gifts, announcing strategic product partnerships, and further elevating the user experience.
FinSMEs
16/04/2024