Giftory Raises $10M From Otium Capital To Build The Leading Experience Gift Company In The Us

Jun 01, 2023•over 2 years ago

Amount Raised

$10 Million

WashingtonTravel

Description

Otium Capital has invested in US start-up Giftory to bring the world of gift experiences to the US. Following on the success of Smartbox across Europe and Buyagift / Red Letter Days in the UK, Otium Capital is the perfect investment partner to take advantage of the ~$700 bn US gifting market. The experience gifting space is seeing significant tailwinds with people looking to own fewer things and live more meaningful experiences, especially after the Pandemic. Customer surveys show that there is an under-served demand for curated and customized experiences.

Company Information

Company

Giftory

Location

Washington, District Of Columbia, United States

About

At Giftory, we believe that the best gifts are experiences, not things. That's why we've created a platform that makes it easy to find, choose, and give unforgettable experiences that will create memories to last a lifetime. We've curated a diverse collection of experiences that are perfect for every occasion, whether it's a birthday, anniversary, wedding, or just because. From exhilarating adventures like skydiving and bungee jumping to more relaxing experiences like spa days and wine tasting, there's something for everyone on Giftory.com

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Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Giftory Raises $10M From Otium Capital To Build The Leading Experience Gift Company In The Us

Description

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