# Giftd

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.giftd.app
- Total disclosed funding: $0.6M
- Latest round: Angel (Jul 10, 2024)
- Investors on record: 1

## About

Giftd GmbH, based in Germany, offers an innovative app that connects consumers with brands through exclusive giveaways, enhancing customer engagement and brand visibility in competitive markets.Founded in 2021, GIFTD GmbH operates a platform that links consumers with their favorite brands via curated giveaways. The company is headquartered in Berlin, Germany. Michael Gegg is the founder, who has previously embarked on other ventures. In July 2024, Giftd GmbH raised EUR 535,000 in venture funding led by new investor ULTRA.VC, with participation from individual investors, valuing the company at EUR 36.31 mn post-money.The company's core offerings center around a platform that facilitates connections between consumers and brands through exclusive giveaways. Members of the GIFTD community can access curated giveaways, samples, and promotional items, fostering customer loyalty and brand visibility. The service targets individual consumers seeking unique promotional experiences as well as brands aiming to market their products effectively. GIFTD's reach extends to customers in North America, Europe, and parts of Asia, enhancing its global presence.GIFTD GmbH generates revenue through direct-to-consumer subscriptions allowing access to exclusive giveaways and promotional materials. Brands collaborate with GIFTD by providing products for these giveaways, creating a mutually beneficial relationship that increases exposure for brands and delivers value to consumers. The company also implements tiered subscription plans to enhance access to premium giveaways, appealing to a broad customer base.Following the recent funding of EUR 535,000 raised on July 10, 2024, GIFTD GmbH plans to utilize these resources to expand its operations into the United Kingdom and other European nations by 2025. This initiative aims to strengthen its market presence and reach a wider audience.

## Funding rounds

- Angel, Jul 10, 2024, $0.6M — ULTRA.VC

## Investors

- ULTRA.VC (https://capitalatlas.ai/funds/ultra-vc) — Angel