Snappy Gifts News
11 articles
growth-positive
As part of the Growth+ project by Calcalist and Poalim Tech, seasoned entrepreneurs like Hani Goldstein, founder of gift platform Snappy, are meeting with early-stage founders such as Eti Neaman of Neao to share hard-earned lessons about building, growing, and surviving in today’s volatile tech landscape.
The article discusses the Growth+ project by Calcalist and Poalim Tech, which connects seasoned entrepreneurs with early-stage founders to share insights on building and growing startups. Hani Goldstein, founder of Snappy, shares her experience of initially targeting consumers with a gift app, only to find success with business clients. This pivot led to significant growth for Snappy. Eti Neaman of Neao highlights challenges in raising funds and entering healthcare organizations. The project emphasizes the importance of mentorship, resilience, and maintaining personal balance amidst economic and geopolitical challenges. The initiative aims to equip entrepreneurs with the tools and support needed to navigate the volatile tech landscape.
Customers
growth-positive
Gift platform Snappy raises $25m as valuation halved
Israeli startup Snappy, a gift platform for employees and customers, has completed a $25 million Series D financing round led by Qumra Capital. This brings the total amount raised by the company to $130 million. The financing round was completed at a company valuation of $180-200 million, half of the $400 million valuation given to Snappy when it raised $70 million in 2021. Snappy has returned to growth with a 40% increase last year and an annual revenue of about $30 million. The company has also launched a new service allowing companies to provide gifts to employees and order marketing gifts for conferences and events.
Investment
growth-positive
Snappy Introduces Personal Gifting Plugin for ChatGPT
Snappy, a gifting company, has launched a personal gifting plugin for ChatGPT. The plugin uses Snappys proprietary gifting data and expertise to generate custom-curated gift collections based on the recipients interests, hobbies, and the desired gift budget. The plugin allows gift-givers to personalize the experience with a message and a range of digital wrapping experiences. Snappy offers a catalog of over 10,000 gifts from trusted partners. The plugin can be installed from the ChatGPT store directly without any additional charge.
CustomersPartners
growth-negative
Gifting platform Snappy sacking 30% of its workforce, around 100 employees | CTech
Snappy, a gifting platform, is laying off 100 employees, which accounts for around 30% of its workforce. The company has completed a $70 million Series C funding round, bringing its total funding to over $105 million. The layoffs are a result of economic shifts and uncertainties in the tech industry. Snappy aims to orient its financial profile toward sustainable growth and profitability. The companys approach to curated gift collections allows recipients to choose their gifts before delivery, making it more efficient and environmentally friendly.
Layoffs
growth-positive
Snappy celebrates the holidays with explosive growth
Snappy, an Israeli startup that helps organizations treat their employees to gifts and experiences, has achieved 18,708% growth in revenue over the last three years. The company operates as a marketplace connecting companies to brands, with 1,400 customers including Microsoft, Salesforce, Zoom, and Comcast. Snappys growth was facilitated by the COVID-19 pandemic, as companies sought ways to show gratitude to remote workers. Snappys personalized and gamified gift-giving platform allows employers to offer gifts instead of money, creating a more thoughtful and appreciated experience. The companys founders aim to make people happy and build a big company that can achieve that mission.
CustomersPartners
growth-positive
Gifting platform Snappy raises $70 million series C
Snappy, a gifting platform, has completed a $70 million series C funding round, bringing its total funding to over $105 million. The investment will be used to invest in talent and innovation, expand into new segments and markets, explore acquisitions, and redefine gifting. Snappy plans to recruit 200 employees, with 100 of them in Israel. The company aims to solve the inefficiency of gift-giving by allowing recipients to choose their gifts before delivery. Snappy currently partners with over 1,000 enterprise customers and has sent over 1 million gifts in the last six months. The company is considering opening its marketplace to private consumers in the future. Hans Tung from GGV Capital will join Snappys board, and the company has added two new executives to its leadership team.
InvestmentExpand
growth-positive
"הקורונה הביאה לעלייה בכמות המתנות שארגונים גדולים נותנים"
Snappy, a platform that allows companies to give gifts to their employees, has seen a surge in activity due to the shift to remote work during the COVID-19 pandemic. The company currently has 800 customers, including Zoom, Salesforce, Sony Music, Uber, and Microsoft, and plans to end the year with 1,000 customers. The company has sent 500,000 gifts this year and has raised $35 million from investors including 83North, Seven Ventures, GGV Capital, and Hearst Ventures. The company currently employs 100 people, up from 10 just two and a half years ago.
CustomersInvestmentExpand
growth-positive
סנאפי בנבחרת הסטארטאפים 2020 של TheMarker
Snappy, a company that offers personalized gifts for employees, is gaining popularity as an alternative to traditional holiday gifts. Snappy allows employers to forgo the tradition of giving out holiday bonuses or wine packages and instead adopt a new approach of personalized gifts. The company, founded in 2015, has 60 employees, with 15 in Israel. Snappy has raised $10 million in investments from notable investors such as Nurture and Hearst Ventures. The article highlights the current market trends and the impact of Snappys unique employee benefits on the workplace culture.
Customers
growth-positive
Snappy launches interactive virtual Passover Seder for friends and families to celebrate remotely
Snappy Gifts, a fast-growing enterprise gifting start-up, is offering an interactive virtual Passover Seder for families practicing social distancing. The Seder is provided free of charge to help during these challenging times, with an option to purchase digital Snappy Gifts. Families can sign up and invite up to 50 loved ones to join their virtual Seder table. The Seder will be open for 60 minutes.
Customers
growth-positive
Snappy Gifts' Employee Happiness Survey Reveals More than 30% of People Feel Undervalued at Work Ahead of National Employee Appreciation Day
Snappy Gifts, a company revolutionizing corporate gifting, conducted an Employee Happiness Survey and found that 95% of employees believe recognition in the workplace contributes to a stronger company culture. However, one in three employees feel undervalued. The survey also revealed that 45% of employees believe their value at a company is reflected by the gifts they receive, but more than one in three people have never received a gift from their supervisor. Snappy Gifts provides personalized gifts for employee appreciation and aims to boost morale and retain talent for global enterprises. The company offers a wide range of gift options, including popular items like Amazons Echo Dot and Ninja blenders, as well as extravagant gifts like a Thailand Culinary Experience and Paradise Vacation. Prices range from $15 to over $1,000.
Customers
growth-positive
Israeli Tech Startup 'Snappy' Raises $8.2 Million In Funding - Digital Boom
Snappy, a company revolutionizing corporate gifting, has raised $8.2 million in Series A funding led by 83North with participation from Hearst Ventures. Snappy allows employees to choose personalized gifts from a curated collection, aiming to make them feel valued and appreciated. The company plans to use the funding to meet international and domestic demand, accelerate product development, and expand globally. The market for employee appreciation and gifting is growing, as companies recognize the importance of retaining exceptional talent. Snappys approach to corporate gifting provides a seamless process for managers and has received positive feedback from employees. The funding round demonstrates the value that Snappy creates within organizations.
Investment
