Giftagram Inc.

Giftagram Inc. specializes in corporate gifting solutions, enhancing client and employee relationships through personalized gift programs and a comprehensive gifting platform. Giftagram Inc. was founded in 2013 and is headquartered in Toronto, Canada.

The company provides a gifting platform that integrates with existing systems to streamline corporate gifting for businesses. Founder Jason Reid has previously established other ventures. Giftagram has completed a total of 3 deals, with its most recent funding round occurring in December 2016. In this round, the company raised USD 3.

20 mn from United Talent Agency, LLC, which constitutes the total amount raised by Giftagram to date. Giftagram specializes in corporate gifting solutions designed for businesses looking to enhance relationships with clients and employees through personalized gift programs. Their core offerings include a user-friendly gifting platform that integrates with existing systems such as CRM, HCM, and Single Sign-On (SSO), enabling seamless management of gifting processes. The platform allows users to select from a curated selection of premium gifts from renowned brands, facilitating easy tracking and management through customizable dashboards and built-in analytics.

Giftagram's services cater primarily to corporate clients, including large enterprises and small to medium-sized businesses across various geographical markets, notably North America, Europe, and select regions in Asia. The end users of their services predominantly include professionals and teams within organizations who are responsible for client engagement, employee recognition, and rewards programs. Giftagram generates revenue through a structured transactional model that includes subscription services and business-to-business (B2B) partnerships. Clients can engage with the platform through tailored corporate gifting plans that facilitate the ordering and management of gift selections.

The pricing structure is designed to accommodate both individual and bulk orders, allowing organizations to efficiently manage their gifting budgets while ensuring high-quality gifts are delivered. Clients can place orders for curated gift boxes or individual items, with a streamlined process for approval and shipment management. This transactional approach not only enhances the gifting experience but also provides businesses with comprehensive expense tracking and reporting capabilities, fostering continued engagement with Giftagram's services. In the future, Giftagram plans to expand its product offerings and introduce new features to its gifting platform, although specific release dates have yet to be announced.

The company is also targeting expansion into new markets, particularly in Asia, looking to establish a presence by the end of 2023. The recent funding of USD 3. 20 mn will be utilized to support these initiatives, enhancing product development and market entry efforts.