# Goody Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/goody-technologies

- Industry: Media
- Headquarters: Beaverton, US
- Website: www.ongoody.com
- Total disclosed funding: $49M
- Latest round: Series B (Nov 16, 2021)
- Investors on record: 7

## About

Goody Technologies, Inc., based in the US, provides a streamlined platform for corporate gifting solutions, allowing businesses to send customizable gifts and branded swag efficiently and without needing recipient addresses.Goody Technologies, Inc. specializes in corporate gifting solutions that enable businesses to send personalized gifts easily. Founded in 2020 in Beaverton, US, the company has successfully completed three funding deals, with the latest being a Series B round in November 2021 led by Softbank Latin America Ventures, raising a total of USD 32.00 mn. The founders include Edward Lando, Mark Bao, and Moritz Wenko, and the current CEO is Katy Carrigan.Goody specializes in corporate gifting solutions through a platform that enables businesses to send customizable gifts and branded swag without requiring recipient addresses. Clients can choose from individual items to bulk orders for purposes like employee recognition and client appreciation. The platform allows recipients to select their preferred gifts after receiving an email notification, enhancing the gifting experience with personalization. Goody serves a diverse clientele of over 15,000 companies across North America, Europe, and parts of Asia, creating memorable gifting experiences suitable for various occasions.Goody generates revenue through a tiered subscription model that caters to individual users and corporate teams. Clients opt for premium plans offering advanced features for HR and sales teams, streamlining the gifting process. Businesses purchase gift credits or subscriptions to access various gift options and branded swag, with the pricing defined within the premium plans. Flagship offerings include automated gifting services and custom branding options, facilitating gifting solutions aimed at strengthening client relationships and employee engagement, thereby contributing to their revenue.Following the Series B funding round in November 2021, which raised USD 32.00 mn, Goody Technologies, Inc. plans to utilize the funding to expand its existing products and services for corporate gifting. This includes enhancing features and pursuing future brand partnerships. The company aims to broaden its market presence by entering new geographic regions, although specific targets and timelines for such expansions have not been disclosed.

## Funding rounds

- Series B, Nov 16, 2021, $32M — Softbank Latin America Ventures
- Series A, May 5, 2021, $13M — New Enterprise Associates
- Seed, Feb 8, 2021, $4M — Index Ventures, Third Kind Venture Capital, Craft Ventures, Quiet Capital, Pareto Holdings

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed
- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Seed
- Pareto Holdings (https://capitalatlas.ai/funds/pareto-holdings) — Seed
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- Softbank Latin America Ventures (https://capitalatlas.ai/funds/softbank-latin-america-ventures) — Series B