# Punchbowl

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

- Industry: Internet
- Headquarters: Framingham, US
- Website: www.punchbowl.com
- Total disclosed funding: $2.9M
- Latest round: Series A (Sep 16, 2008)
- Investors on record: 3

## About

Founded in 2007 and based in Framingham, Massachusetts, Punchbowl, Inc. specializes in online invitation and digital card services, enhancing personal celebrations through customizable products.Punchbowl, Inc. provides an online platform for crafting digital invitations and greeting cards, catering primarily to families and event planners. The company was founded in 2006 by David Burgess, Ilya Fedyanin, Joslyn Fu, Leonid Medvedev, Matt Douglas, Thomas Maharaj, and Yijia Duan. Headquartered in Framingham, Massachusetts, Punchbowl, Inc. raised USD 5.00 mn in a funding round in June 2021 led by SG Credit Partners. This funding was utilized in part to acquire VidHug, Inc. and support investments in mobile application companies.Punchbowl specializes in providing a comprehensive suite of online invitation and digital card services designed to enhance various personal celebrations. Their core offerings include customizable online invitations for events such as birthdays, graduations, baby showers, and holidays, along with a selection of digital greeting cards and eCards for occasions like Father's Day. The platform allows users to easily personalize invitations with photos, custom messages, and party details, facilitating seamless event planning and communication. Punchbowl primarily serves individual consumers, families, and event planners across the United States, helping them craft memorable experiences for their guests.Punchbowl's revenue structure is primarily derived from transaction-based models where users create digital invitations and greeting cards. The platform offers both free services and premium features available through paid subscription plans, allowing customers to access additional functionalities, such as advanced customization options and exclusive design themes. Clients may engage in direct-to-consumer transactions by purchasing premium invitations or sending personalized eCards through the platform. The company also offers digital gift card options that can be included with greeting cards, enhancing the user experience while contributing to revenue generation.In June 2021, Punchbowl, Inc. raised USD 5.00 mn in venture funding led by SG Credit Partners. The company plans to utilize these funds to acquire VidHug, Inc. and to support its investments in mobile application companies. Future growth initiatives may include the launch of new products and expansion into additional geographic markets to enhance their service offerings.

## Funding rounds

- Series A, Sep 16, 2008, $2.1M — Intel Capital, Contour Venture Partners, eCoast Angel
- Angel, Oct 2, 2007, $0.8M — Intel Capital, eCoast Angel

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Angel, Series A
- eCoast Angel — Angel, Series A
- Contour Venture Partners (https://capitalatlas.ai/funds/contour-venture-partners) — Series A