Yiftee (yiftee.com) is an exciting new mobile app, web service and API (Application Programming Interface) that lets consumers and businesses send thoughtful, unexpected gifts to friends, family and colleagues quickly via email, text and Facebook. Recipients pick up their Yiftee gifts using their smart phones at their favorite local restaurants and shops, driving profitable business to those merchants. Merchants gain additional sales, foot traffic, an eGifting capability like the big retailers and a free mobile/web sales channel. YifteePro is a free web service (pro.yiftee.com) streamlined for gifting to groups. Yiftee makes money with a convenience fee that is added to the gift value when the gift is sent.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
01/29/14 | $2,100,000 | Series A |
Broad Strategy Fund Burt Sugarman Michael J. Levinthal Scott Cook TransPacific Ventures | undisclosed |