According to published reports, Jifiti, a startup promoting thoughtful gifting, has raised $2.5 million in seed funding. The investment comes from Simon Property Group as well as Schottenstein Stores.

Jifiti is a mobile gifting app that allows shoppers to 'teleport' tangible items from their favorite stores directly to their friend's phone to be redeemed online or in any of the store's locations. Jifiti has partnered with Simon Property Group, an S&P 100 company that is the largest real estate company in the world, as owner of 333 retail real estate properties in North America and Asia comprising 242 million square feet.