What is Gilt?
Founded in 2007 and headquartered in Boston, Massachusetts, Gilt operates as an online shopping and lifestyle website. The company has established itself in the competitive e-commerce landscape by offering a curated selection of products and experiences. Its trajectory, marked by multiple rounds of financing, indicates a strategic approach to scaling operations and expanding its market reach.
How much funding has Gilt raised?
Gilt has raised a total of $266.1M across 5 funding rounds:
Series A
$5M
Private Equity
$38.1M
Private Equity
$35M
Private Equity
$138M
Private Equity
$50M
Series A (2007): $5M with participation from Matrix Partners
Private Equity (2009): $38.1M led by General Atlantic and Matrix Partners
Private Equity (2010): $35M supported by General Atlantic and Matrix Partners
Private Equity (2011): $138M featuring SoftBank Capital, Matrix Partners, Pinnacle Ventures, General Atlantic, Goldman Sachs, Draper Fisher Jurvetson, Eastward Capital, New Enterprise Associates, and TriplePoint Capital
Private Equity (2015): $50M backed by General Atlantic
Key Investors in Gilt
General Atlantic
General Atlantic is a global growth equity firm that provides capital and strategic support to high-growth companies in sectors such as consumer, financial services, healthcare, life sciences, and technology. With dozens of portfolio companies worldwide and offices across the Americas, EMEA, and AsiaPacific, it partners with founders and management teams to accelerate growth, international expansion, and transformational initiatives.
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands. Matrix Partners' client experience includes dozens of national brands ranging from pet foods, treats and supplements to cat litter, accessories and grooming aids.
SoftBank Capital
Oak Investing specializes in providing investment advice through a structured three-step approach: research, reporting, and simplifying information for investors. Their analysts conduct market research across various segments, which is then reported to Senior Advisors for further analysis. The company aims to present investment insights in straightforward terms that are easily understandable by the average investor. Their services are intended for individuals looking to enhance their investment strategies and make informed financial decisions.
What's next for Gilt?
The recent major strategic investment signals a new phase of development for Gilt. This influx of capital is likely to fuel further expansion initiatives, potentially including technological advancements, market penetration into new demographics, or strategic acquisitions. The company's history of securing substantial backing from prominent investors suggests a strong foundation for future growth and innovation in the online retail space.
See full Gilt company page
