Snappy, an online gifting platform, has raised $25 million in Series D funding led by Qumra Capital. Snappy aims to create a seamless and joyful gifting experience by combining fun and personal experiences with advanced technology.
Since its founding in 2015, Snappy has delivered over 5 million gifts globally and partnered with nearly half of the Fortune 100. The company offers a digital marketplace with a curated selection of premium gifts, gamification features and more than 30 business integrations.
The new funding will enhance Snappy’s marketplace offerings, accelerate research and development efforts and expand the company’s product offerings. The company plans to launch Snappy Experiences for experiential gifts, announce strategic product partnerships and further enhance its user experience.
