How Much Did Snappy Raise?
Funding & Key Investors

Snappy, a prominent player in the corporate gifting and employee engagement sector, has successfully secured a major strategic investment, bringing its total capital raised to $128.2M. This latest financing round, totaling $25M, underscores the company's robust growth trajectory and its ability to attract high-caliber institutional backing. By leveraging these funds, Snappy continues to solidify its market position as a leader in digital gifting solutions, facilitating meaningful connections between organizations and their workforce across global markets including New York, Tel Aviv, and the United Kingdom.

What is Snappy?

Snappy
SoftwareCustomer Engagement PlatformsMobile App Development

Snappy operates at the intersection of human resources technology and corporate culture, providing a sophisticated platform designed to streamline the gifting experience. By focusing on the power of gratitude, the company enables enterprises to foster employee loyalty and engagement through a seamless, joy-centric digital interface. As the firm scales, it has transitioned from its early-stage development into a mature enterprise-level entity, effectively disrupting traditional corporate reward systems with its scalable, data-driven approach to employee appreciation and corporate gifting.

How much funding has Snappy raised?

Snappy has raised a total of $128.2M across 4 funding rounds:

2018

Series A

$8.2M

2020

Series B

$25M

2021

Series C

$70M

2024

Series D

$25M

Series A (2018): $8.2M with participation from 83North

Series B (2020): $25M led by Saban Capital Group

Series C (2021): $70M supported by 83North, GGV Capital, Hearst Ventures, and Saban Ventures and Investments

Series D (2024): $25M featuring Notable Capital Ventures, Saban Ventures and Investments, Qumra Capital, and 83North

Key Investors in Snappy

83North

A global venture capital firm managing over $2.2 billion, 83North specializes in supporting exceptional entrepreneurs at all stages to build category-leading companies with a focus on global scalability.

GGV Capital

A multi-stage, sector-focused global venture firm that invests in high-growth companies across social, internet, and enterprise technology sectors.

Hearst Ventures

The global venture capital division of Hearst, this group focuses on investing in diversified media, information, and service-oriented businesses to drive innovation.

What's next for Snappy?

With the infusion of this latest capital, Snappy is well-positioned to accelerate its international expansion and enhance its proprietary gifting platform. The strategic focus will likely center on deepening its enterprise integration capabilities and expanding its footprint in key global markets. By maintaining a strong emphasis on user experience and operational excellence, Snappy aims to further capitalize on the growing demand for digital-first employee engagement tools, ensuring it remains at the forefront of the corporate culture technology landscape.

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Frequently Asked Questions Regarding Snappy Financial Insights

What are the most recent funding rounds that Snappy has completed, and what were the funding rounds?
Snappy has recently completed 3 funding rounds: Series D on Apr 16, 2024, Series C on May 26, 2021, Series B on Jul 1, 2020.
What is the total amount of funding Snappy has raised to date?
Snappy has raised a total of $128.2M in funding to date.
How many funding rounds has Snappy completed?
Snappy has completed 3 funding rounds.
How much funding did Snappy raise in its most recent funding round?
Snappy raised $25M in its most recent funding round.
Who are the lead investors in Snappy's latest funding round?
The lead investor in Snappy's latest funding round was Notable Capital Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Snappy's history?
The largest funding round in Snappy's history was $70M.
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