Snapfish, LLC
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Snapfish, LLC - overview
Established
1999
Location
San Francisco, CA, US
Primary Industry
Consumer Products
About
Snapfish, LLC specializes in creating personalized photo products and gifts, allowing customers to easily transform digital images into customized tangible items through their online platform. Snapfish, LLC was founded in 1999 in San Francisco, US. The company focuses on enabling customers to create personalized photo products. After completing a Series B funding round in June 2019, where they raised USD 33.
00 mn led by Transcosmos Investment & Business Development, Snapfish was acquired by Shutterfly, Inc. in January 2020. The founder and CEO, Harshit Kachhawa, has played a pivotal role in the company's development in the personalized photo industry. Snapfish is primarily focused on providing personalized photo products and gifts that cater to various customer needs.
Their core offerings include customizable photo prints, photo books, canvas prints, greeting cards, and a diverse range of personalized gifts such as mugs, puzzles, and home décor items. Customers can easily transform their digital images into tangible products through Snapfish’s user-friendly platform, which allows for customization in design, layout, and size. The company serves a wide demographic, including families, individuals commemorating special events, and businesses seeking corporate gifts. Snapfish products are marketed and sold in several geographical regions, including North America, Europe, and parts of Asia-Pacific, where customers can access their services online for convenience and efficiency.
The revenue model of Snapfish is predominantly based on direct-to-consumer sales through its e-commerce platform, where customers place individual orders for customizable products. Transactions typically occur on a per-order basis, with customers selecting products from the company's extensive catalog and paying at checkout. Snapfish implements pricing strategies that reflect the value of its personalized offerings, often promoting special discounts on bulk orders or seasonal products. Examples of flagship products include 8x8 matte photo tiles and custom mousepads, which are used by consumers for both personal and gifting purposes.
The company's pricing structure is designed to appeal to a broad customer base, ensuring competitive rates while maintaining a focus on quality and customer satisfaction. Following the acquisition by Shutterfly, Inc. in January 2020, Snapfish is positioned for growth through the development of new product offerings and expansion into additional markets. Plans include launching innovative personalized products designed to enhance customer engagement.
The company aims to broaden its reach in North America, Europe, and specific Asia-Pacific regions by the end of 2023, leveraging recent funding to support product development and marketing efforts. The funding from the Series B round has been earmarked for enhancing operational capabilities and exploring strategic partnerships to drive growth.
Current Investors
Shutterfly, LLC
Primary Industry
Consumer Products
Sub Industries
Commercial Printing, Accessories
Website
www.snapfish.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Snapfish, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Snapfish, LLC | - |
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