Bold Xchange, Inc.

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Bold Xchange, Inc. - overview

Established

2020

Location

St. Louis, MO, US

Primary Industry

Internet

About

Based in Missouri, US, and founded in 2020, Bold Xchange operates as an online marketplace that offers employee and event gifting solutions. The company was founded by its COO, Danielle Deavens, and CEO, Doug Spencer. In August 2023, Bold Xchange raised USD 0. 41 million in pre-seed funding from Savantus Ventures and MJR Venture.


The funding was part of a larger USD 0. 51 million in pre-seed and grant funding. Bold Xchange offers an employee gifting platform, an online marketplace that enables enterprises to send memorable gifts to their employees, customers, and partners. The company sells various corporate and group gifting products, like a conference welcome kit for welcoming new employees or clients; a warm welcome, a gift basket for welcoming someone; a cookbook box, a gift box for someone who loves to cook; food and drink gift boxes; and many more.


The company generates revenue by offering its services on a subscription-based pricing plan. The plans include essentials (USD 299/year). The company plans to use the funds raised in August 2023 to accelerate its growth and form a four-person team.


Current Investors

Savantus Ventures, MJR Venture Investments

Primary Industry

Internet

Sub Industries

Retail, Internet

Website

https://boldxchange.com/

Verticals

E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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