# Plastic Jungle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plastic-jungle

- Industry: Internet
- Headquarters: San Jose, US
- Website: www.plasticjungle.com
- Total disclosed funding: $32M
- Latest round: Series C (Jan 18, 2012)
- Investors on record: 9

## About

Plastic Jungle is an innovative company specializing in gift voucher management and processing solutions, enabling businesses to efficiently sell gift cards online and enhance customer engagement.Founded in 2006 in San Jose, US, Plastic Jungle operates in the gift card processing sector. In July 2014, the company was acquired by CardCash.com, with financial terms undisclosed. The firm has successfully completed 8 deals since inception, with a focus on enhancing its platform's capabilities. The company has raised a total of USD 1.90 mn, with the latest funding round being Series C, attracting investors like Citi Ventures. As of now, Plastic Jungle's current valuation stands at USD 45.93 mn.Plastic Jungle provides a comprehensive gift voucher management and processing system tailored for various sectors, including restaurants, hotels, and leisure activities. The platform allows businesses to sell their services as gift cards online, equipped with features like personalized messaging, promotional tools, and Google Analytics integration, aiming to boost marketing and customer retention efforts.Plastic Jungle's revenue model is based on B2B partnerships and service fees linked to their gift voucher management platform. Clients typically engage in subscription agreements that grant them access to the platform's features, enhancing their gift card sales capabilities. The primary product, the Gift Voucher Card Management & Processing System Software, is central to their revenue structure, enabling clients to optimize operations and increase sales from gift card offerings.While details on new product launches or specific upcoming initiatives have not been disclosed, the recent acquisition by CardCash.com may indicate strategic enhancements and expansions in their service offerings. The company may be exploring opportunities to penetrate new markets, particularly in the North American and European regions, although specific timelines for expansion are not available.

## Funding rounds

- Series C, Jan 18, 2012, $1.9M — Citi Ventures
- Series C, Nov 18, 2010, $10M — Bay Partners, Redpoint Ventures, Shasta Ventures, First Round Capital, Icon Ventures, Jafco Ventures
- Series B, Mar 17, 2010, $7.4M — Bay Partners, Redpoint Ventures, Shasta Ventures, First Round Capital
- Series A, Oct 19, 2009, $1.2M — Shasta Ventures, First Round Capital
- Series A, May 26, 2009, $4.8M — Bay Partners, Shasta Ventures, Western Technology Investment, First Round Capital, Harrison Metal
- Series A, Jan 1, 2009, $6M — Bay Partners, Shasta Ventures, Western Technology Investment, First Round Capital, Harrison Metal
- Seed, Mar 26, 2008, $0.5M — First Round Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A, Series B, Series C
- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series A, Series B, Series C
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B, Series C
- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Series A
- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B, Series C
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series C
- Jafco Ventures — Series C
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C