Shutterfly

Shutterfly

Personalized photo products and services provider

About Shutterfly

Simplify's Rating
Why Shutterfly is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

5,001-10,000

Company Stage

Series B

Total Funding

$105.3M

Headquarters

Redwood City, California

Founded

1999

Overview

Company Historically Provides H1B Sponsorship

Shutterfly specializes in creating personalized photo products and services, offering items like photo books, gifts, home décor, and stationery. Customers can easily upload their photos on Shutterfly's online platform to customize these products. This direct-to-consumer model allows Shutterfly to generate revenue through product sales, shipping fees, and premium services. Unlike its competitors, Shutterfly has expanded its offerings by acquiring Spoonflower, which adds custom fabric and wallpaper to its portfolio. The company's goal is to provide creative solutions for individuals and businesses, especially during peak seasons like holidays when demand for personalized items increases.

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Simplify's Take

What believers are saying

  • Increased demand for personalized home décor boosts Shutterfly's sales, especially during holidays.
  • Remote work trends create new markets for Shutterfly's custom home décor products.
  • Influencer marketing partnerships, like with Kris Jenner, enhance Shutterfly's brand visibility.

What critics are saying

  • Emerging competitors like Mixbook and Snapfish threaten Shutterfly's market share.
  • DIY digital printing solutions may reduce consumer reliance on Shutterfly's services.
  • Closure of production facilities could disrupt supply chain and affect customer satisfaction.

What makes Shutterfly unique

  • Shutterfly offers a wide range of personalized photo products and services.
  • The acquisition of Spoonflower expands Shutterfly's product portfolio beyond traditional photo personalization.
  • Lifetouch is a national leader in school photography, enhancing Shutterfly's market presence.

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Funding

Total Funding

$105.3M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health and wellness - Our broad wellness programs are designed to help you and your family stay healthy, and help you take care of yourselves when you're not. Through extensive health and insurance options, you can make the choice that's right for you. Enrolled employees enjoy discounts on gym memberships and weight loss programs to help maintain a healthy lifestyle. With our Meal Takeout benefit, any employee on medical leave can be reimbursed up to $300 for meals.

Financial rewards - Shutterfly, Inc. is comprised of hardworking, performance-oriented people. That's why we recognize and reward employee's contributions and achievements. Starting with competitive salaries, we help drive our high performance by offering opportunities for merit increases, bonus payouts, and stock ownership. We also provide safety nets for your financial security through traditional and Roth 401(k) retirement plans.

Family first - Taking time off to rest, relax and rejuvenate is important. Non-Exempt employees accrue Paid Time off (PTO), which combines vacation and sick time together so you have more control over when and how to spend time off. Exempt employees are eligible for Discretionary Time Off (DTO), which allows you to take time off as needed.

Employee discounts - As Shutterfly, Inc. employees, we experience the power of our brands every day and are in the best position to be an advocate for our amazing products and services. Every six months, we give each employee unique discount codes worth over $2,500 in free merchandise and huge discounts products across our entire family of brands. Your gift-giving for every occasion just got way easier.

Celebrations - Our mission is to help customers celebrate and share life's joy. We balance hard work and play to foster team building and strengthen our connections to each other. We host a Family Photo Day where all of our employees and their families can get a professional photo taken for free along with other activities. From holiday parties, to summer celebrations, to team offsites, we have a great time and enjoy creating memories together.

The little things - Our break rooms are stocked with complimentary goodies such as gourmet coffees, sodas, sparkling water, and more (offerings vary by location). We also provide free healthy snacks such as fresh fruits, trail mix, cereals, pretzels and nuts. Commuters can be reimbursed for mass transit costs or participate in carpool programs, depending on location. We also provide several onsite services, such as drycleaning and car detailing.

Company News

The Dead Pixels Society
Mar 7th, 2024
Lensrentals acquires BorrowLenses from Shutterfly

Shutterfly acquired BorrowLenses in 2013, another entry in the buying spree by former president and CEO Jeffrey Housenbold.

CFODive
Sep 7th, 2023
Shutterfly CFO steps down, ex-Philips exec to take over

Shutterfly said Wednesday that its CFO, Mike Eklund, is stepping down to "pursue other opportunities," four months after the digital imaging company announced a new chief executive.

Benzinga
Sep 6th, 2023
Shutterfly Names Jan Paul Teuwen Chief Financial Officer

Shutterfly names Jan Paul Teuwen Chief Financial Officer.

Google News
Aug 10th, 2023
Shutterfly will close Shakopee warehouse, lay off nearly 250 workers

This spring, Shutterfly also announced it was closing its production facility in Durham, N.C.

Google News
Aug 10th, 2023
Shutterfly to close Shakopee manufacturing plant, lay off 246 employees

Shutterfly to close Shakopee manufacturing plant, lay off 246 employees.

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