Gyft
AcquiredThe best way to buy, send and redeem gift cards
Mountain View, United States · Founded 2012 · $6.3M raised
- Headquarters
- Mountain View, California
- Employees
- 51–200
- Founded
- 2012
- Business Model
- B2C
- Website
- gyft.com
- Total Funding
- $6.3M
- Last Round
- $5.0M Series ASep 2013
- Rounds
- 2
- Acquired by
- First DataJul 2014
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Gyft was a Mountain View, California-based digital gift card platform founded in 2012 by Vinny Lingham that enabled consumers to upload, buy, send, and redeem gift cards from their mobile phones, eliminating the need for physical cards. The platform was seamlessly integrated with Facebook to make gift card sharing convenient and offered retailers a meaningful digital revenue channel to drive customer acquisition and social engagement. First Data Corporation, a leading payment technology company, acquired Gyft in 2014 for an estimated $50 million, integrating the platform into its portfolio of mobile and digital payment solutions. Gyft continues to operate as a First Data company.
Summary
Gyft is a Payments company based in Mountain View, United States, founded in 2012. It has raised $6.3M in total across 2 rounds, most recently a $5.0M Series A round in Sep 2013. Investors include First Data, Karlin Ventures and GV.
Tech & App Stack
2 technologies & apps tracked
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Funding & Exit History
Jul 2014
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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