# Alyce

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.alyce.com
- Total disclosed funding: $47M
- Latest round: Series B (Apr 8, 2021)
- Investors on record: 9

## About

Based in the US, Alyce, Inc. is a corporate gifting platform that transforms customer engagement through personalized gifting solutions, leveraging AI technology to enhance outreach campaigns.Founded in 2015 and headquartered in Boston, US, Alyce, Inc. specializes in corporate gifting. The company was co-founded by Greg Segall, who has a history of entrepreneurial ventures. In April 2021, Alyce raised USD 30 mn in Series B funding led by General Catalyst Partners, with participation from several other investors. The total amount raised to date is USD 30 mn across four deals, establishing a solid financial foundation for its operations.Alyce by Sendoso operates as a corporate gifting platform that provides a comprehensive suite of gifting solutions designed to enhance customer engagement and drive business results. The core offerings include personalized gifting options that leverage AI-driven technology to facilitate one-to-one and one-to-many outreach campaigns. This platform allows businesses to send customized gifts tailored to individual recipients, thereby fostering stronger relationships and improving engagement rates. Key use cases for these services include marketing initiatives, sales prospecting, customer loyalty programs, and event promotions. The platform is utilized by a diverse range of clients spanning various industries, including technology, marketing, and sales organizations, with a focus on the North American and European markets.Alyce generates revenue through a subscription-based model, allowing clients to access its platform and utilize its gifting services. Transactions typically involve businesses purchasing credits or subscriptions that enable them to send gifts to their customers and prospects directly from the Alyce platform. The pricing structure is designed to accommodate both small businesses and larger enterprises, offering scalable solutions that vary based on the volume of gifts sent and additional features utilized. This includes flagship services such as the Power-of-Choice™, which enhances user engagement by allowing recipients to choose their gifts from a wide range of options. The revenue model emphasizes ongoing partnerships with clients, who leverage Alyce's capabilities to optimize their marketing and sales efforts over time.In April 2021, Alyce, Inc. raised USD 30 mn in Series B funding to accelerate growth through research and development, hiring, increased sales, and customer support. The company plans to introduce new product offerings designed to enhance its corporate gifting solutions. Alyce is also targeting expansion into additional international markets, specifically in Europe and Asia, by 2023. This strategy aims to further increase its market presence and client base.

## Funding rounds

- Series B, Apr 8, 2021, $30M — General Catalyst Partners, Golden Ventures, Boston Seed Capital, Visible Ventures, Manifest Investment Partners, Morningside
- Series A, Jun 10, 2019, $12M — General Catalyst Partners, Golden Ventures, Boston Seed Capital, Alumni Ventures Group, Visible Ventures, Manifest Investment Partners, Morningside
- Seed, Oct 24, 2017, $5.3M — General Catalyst Partners, Founder Collective, Golden Ventures, Boston Seed Capital, Manifest Investment Partners
- Seed, Jun 1, 2016 — Mendoza Ventures

## Investors

- Mendoza Ventures (https://capitalatlas.ai/funds/mendoza-ventures) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A, Series B
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A, Series B
- Boston Seed Capital (https://capitalatlas.ai/funds/boston-seed-capital) — Seed, Series A, Series B
- Manifest Investment Partners (https://capitalatlas.ai/funds/manifest-investment-partners) — Seed, Series A, Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Visible Ventures (https://capitalatlas.ai/funds/visible-ventures) — Series A, Series B
- Morningside (https://capitalatlas.ai/funds/morningside) — Series A, Series B