Snappy

Snappy

Corporate gifting platform for businesses

About

Snappy Gifts provides a platform for corporate gifting, allowing businesses to easily recognize and reward employees and clients with a variety of gift options, including traditional items, digital rewards, and donations. The platform enables customization based on recipient preferences and integrates with other systems through an API. Snappy differentiates itself by featuring gifts from diverse businesses, including those owned by women, minorities, veterans, and the LGBT community. The goal is to foster a culture of gratitude and recognition while providing businesses with tools to manage their gifting programs effectively.

Company Stage

Series D

Employees

201-500

Industries

Consulting, Enterprise Software, Consumer Goods

Total Funding

$126.2M

Headquarters

New York City, New York

Founded

2015


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Simplify's Take

What believers are saying

  • Growing demand for personalized corporate gifts boosts Snappy's market potential.
  • Integration with Microsoft Teams enhances user engagement and convenience.
  • Focus on diversity and inclusivity aligns with current corporate social responsibility trends.

What critics are saying

  • Increased competition from new entrants may dilute Snappy's market share.
  • Recent valuation drop may indicate investor concerns about growth prospects.
  • High employee turnover in client companies could reduce demand for gifting solutions.

What makes Snappy unique

  • Snappy offers a diverse range of gifts from minority-owned businesses.
  • The platform integrates with popular tools like Microsoft Teams for seamless gifting.
  • Snappy provides a comprehensive gift management system with insights and feedback.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

16%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Paid Family Leave

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