# AB42

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ab42

- Industry: Internet
- Headquarters: Linz, Austria
- Website: www.greetzly.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Dec 22, 2016)
- Investors on record: 2

## About

AB42 GmbH is an online platform specializing in personalized greeting card services, enabling users to create and send custom cards for various occasions. The company focuses on enhancing customer experience through technology-driven solutions.Founded in 2014 in Linz, Austria, AB42 GmbH operates as an online greeting card platform, providing innovative ways for users to express sentiments. The company has successfully raised EUR 0.5 million in Seed funding on December 22, 2016, from investors Speedinvest and Startup300, marking its commitment to growth in the digital greeting market. AB42 GmbH has been involved in 2 different funding deals since its inception.AB42 GmbH operates a comprehensive online platform that allows users to design personalized greeting cards for a variety of occasions. The service includes an easy-to-use interface where users can customize their cards and send them directly to recipients, ensuring a tailored and memorable experience. The platform caters to both individual consumers and businesses looking for custom greeting solutions.AB42 GmbH generates revenue primarily through a transaction model, allowing customers to purchase greeting cards and associated services directly from their platform. Pricing strategies are aligned with the offerings, providing various tiers of customization and delivery options to meet diverse customer needs.AB42 GmbH plans to enhance its product offerings by introducing new design features and expanding its card customization options in the upcoming months. The company targets to expand its market reach beyond Austria to include Germany and Switzerland by the end of 2024, leveraging recent funding of EUR 0.5 million to enhance marketing efforts and improve platform technology.

## Funding rounds

- Seed, Dec 22, 2016, $0.5M — Speedinvest, Startup300
- Seed, May 14, 2016, $0.6M — Speedinvest, Startup300

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Startup300 (https://capitalatlas.ai/funds/startup300) — Seed