GIPHY

GIPHY

Platform for sharing animated GIFs and stickers

About

GIPHY specializes in providing animated GIFs, clips, and stickers to enhance online communication. Users can search and share a wide variety of animated content across different categories, and they can also create their own GIFs from videos or images, adding captions and stickers for personalization. GIPHY stands out from competitors by offering a free and extensive library of animated content, which attracts a large user base and creates valuable advertising opportunities. The company generates revenue through sponsored content and partnerships with brands, allowing them to feature their GIFs prominently on the platform. GIPHY's goal is to make online communication more engaging and expressive while providing brands with effective advertising solutions.

Company Stage

Acquired

Employees

51-200

Industries

Consumer Software, Consumer Goods, Entertainment

Total Funding

$146.8M

Headquarters

New York City, New York

Founded

2013


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Simplify's Take

What believers are saying

  • Partnership with TikTok enhances user engagement and broadens audience reach.
  • Collaboration with The Met Office increases visibility in non-traditional media spaces.
  • FaZe Clan's 10 billion views highlight potential in gaming brand partnerships.

What critics are saying

  • Competition from platforms like Tenor threatens GIPHY's market share.
  • Shutterstock acquisition may lead to strategic shifts alienating users.
  • Regulatory challenges could arise from past rulings against Meta's acquisition.

What makes GIPHY unique

  • GIPHY is the largest library of GIFs and stickers globally.
  • It offers unique partnerships with platforms like TikTok for enhanced user engagement.
  • GIPHY supports digital art through collaborations like the one with Rhizome Communications.

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