Giftbit

https://www.giftbit.com

Techstars // Class 61 - Seattle 2015 Fall starting 2015-07-01

Key notes: Giftbit is a rewards platform that lets you buy, send and control digital gift cards.

Office address: 1546 NW 56th Street, Seattle, Washington, United States

Description: Giftbit is a rewards platform that lets you buy, send and control digital gift cards. Giftbit, an online B2B marketplace for selling, sending, and purchasing digital gift cards, delivers traceable digital gift cards that allow its users to send incentives and rewards by email or by a unique link to a recipient. It works with Qualtrics Target Audience and Research Suite to make sending gift cards simple and accountable for its client’s organization. Giftbit reimages digital gift cards and collects details such as email delivery, open rates, and whether or not a gift card has been claimed. Its recipient experience is lightweight with no account to create or app to download. Founded by Peter Locke and Leif Baradoy in 2011, Giftbit is based in Washington, District of Columbia.

View details on Crunchbase:

http://www.crunchbase.com/organization/giftbit

$ 20,250,000 over 3 funding rounds.

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Funding Rounds

Date	Name	$ Invested	Crunchbase link
2015-07-01	None	$ 17,250,000	Detailed data
2016-02-26	None	$ 2,100,000	Detailed data
2014-05-15	None	$ 900,000	Detailed data

Investors

Round Date	Round Name	Investor	Crunchbase Link