Last deal

Amount

Seed

Stage

01.12.2014

Date

1

all rounds

date founded

Financing round

General

About Company
GiftCard Zen is a secondary marketplace for gift cards, helping people save money at major retailers.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2012

founders

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

With $50 billion in unused gift cards sitting around, GiftCard Zen buys these cards at a discount from consumers and businesses, and then sells them to other consumers and businesses at a lower price. Their platform operates as a gift card marketplace, facilitating transactions between buyers and sellers online. The company has been successful, with a card being bought or sold every 15 seconds. By offering discounted gift cards, GiftCard Zen provides a way for people to save money when shopping at popular retailers.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

RetailMeNot

announced date

07.04.2016

price

$22M

Financials

Funding Rounds
1
1

Number of Funding Rounds

Their latest funding was raised on 01.12.2014. Their latest investor Ludlow Ventures. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.12.2014
1
Ludlow Ventures

Ludlow Ventures

Ludlow Ventures provides seed and early stage financing to technology companies in Detroit, Michigan.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Detroit, MI, USA

count Of Investments

127

count Of Exists

30
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Seed
Ludlow Ventures

Ludlow Ventures

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Sector

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Subsector

Professional Business Support Services

Location

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count Of Investments

127

count Of Exists

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People

Founders
1
Kay Place
Kay Place

Kay Place

current job

FastCustomer
FastCustomer

organization founded

4

Kay Place

Employee Profiles
2
Kay Place

Kay Place

Founder

Activity

Recent News
0