GiftCrowd

Hassle Free Group Gifting

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Security Type
Common Stock
Categories
Consumer Goods & Products
Min Investment
$100
Location
TENAFLY, NJ
Offering Date
August 23, 2021
Expected Close Date
February 21, 2022
Target Raise
$10.00K-$965.00K
No. Investors
25
Security Price
$1
Valuation
$5,790,000
Website
giftcrowd.com
Number of Employees
3
Cash
$252,213
Revenue
$1,448,784
Short Term Debt
$0
Cost of Goods
$1,220,500
Long Term Debt
$14,000
Net Income
$-202,597

Company Description

GiftCrowd was early to identify the need for an online group gifting solution, replacing a non-digital cumbersome process. GiftCrowd maintains the emotional aspects of group giving and receiving while providing users with a hassle-free experience.

Key Deal Facts

An early mover in a $20 billion blue ocean market
Offers first-of-its-kind teacher gifting solution
Customer loyalty with many repeating customers

Management Team / Advisory Board Bios

Eshed Doni, CEO, Director, and Founder
Eshed is a 3rd time founder. Prior to GiftCrowd, he founded App2Go (acquired by Mailbit), an early provider of non-gaming mobile applications and SendM, the first mobile group messaging solution. Eshed brought over 20 products from ideation to commercial deployment. Eshed specializes in marrying unmet needs with technology and is experienced with building and growing solutions and teams from inception to global commercial implementations. At GiftCrowd, Eshed is leading the commercial and business development in addition to an overall oversight.

Guy Praisler, CTO
Guy is a serial entrepreneur who specializes in building and growing web solutions from inception to global implementations. Guy is the founder of Devix, a B2C ecommerce platform that generated sales of over $4 billion. Guy is also the founder of Envite, an apparel flash sales site (acquired by to Bluefly). Later on, Guy founded Mejix, which is a developer of Web and Mobile solutions and Dine Market, a B2B restaurants and food suppliers marketplace.
Guy holds a CS degree from Boston University and an MBA from NYIT.
At GiftCrowd, Guy oversees the software development efforts including the software design and architecture. Guy's primary occupation is being a Partner at Mejix. He works as a CTO for GiftCrowd 15 hours per week.

Ofer Shapiro, Investor & Advisor
Ofer is a named inventor of 80 patents, a World Economic Forum Technology Pioneer and a Wall Street Journal Innovation award winner. Ofer is the Co-Founder of Vidyo and served as the company's CEO for over a decade. At GiftCrowd, Ofer advises on commercial and go-to-market strategies.
Amount Raised : $10,919
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Security Description

Common stock is a security that represents ownership in a corporation.

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