However, Snappy says that gift-giving isn’t an effective process, with more than $100 billion in returns processed annually in the U.S. Our goal is to become the go-to global gifting hub for anyone who wants to send a gift,” Goldstein said.įirms domestically spend over $125 billion on gifts for staffers and clients, while consumers spend an additional $375 billion.
“Part of our success is our focus on the fun of the experience and creating magical moments that will surprise and delight recipients. Snappy will use the infusion to invest in its workforce and “innovation” as it grows into more segments and markets, looks into acquisitions and “continues to redefine the category,” the news release stated.ĭvir Cohen and Hani Goldstein, Snappy’s co-founders, set out to develop a gifting platform that would surmount the challenges of sending personal gifts in a “simple, fun and stress-free way,” the announcement said. GGV Capital headed up the newest investment, which saw the participation of current investors Hearst Ventures, Saban Ventures and 83North, according to a Wednesday (May 26) announcement. Snappy's stance on diversity and inclusion, its active focus on give-back programs, and its fundamental mission to spread happiness through fun, thoughtful gifts leads the way in unlocking the power of human kindness at work.Snappy, an eCommerce gifting platform, wrapped up a $70 million Series C funding round, bringing the firm’s overall funding to in excess of $100 million. Snappy was named to Inc.’s 2021 Best Workplaces list as well as Fortune’s "Best Small Workplaces". Snappy is headquartered in New York and has a team of over 300 people across four countries. We help companies show true appreciation to their employees and customers, spreading smiles and boosting loyalty and productivity at the touch of a button. Snappy is an award-winning gifting platform that combines fun, personal gifting experiences with advanced technology that takes the guesswork out of gifting. Snappy has become the trusted partner to over 2,500 enterprise customers including Microsoft, Salesforce, Comcast, and Uber, and has sent millions of gifts worldwide. Magazine with a two-year revenue growth of 5184%. “I truly believe Snappy has a real opportunity to build the #1 gifting platform in the world, and I'm honored to be a part of the journey."įounded in 2015, Snappy completed a $70M Series C funding round in May of 2021 and was recently named the fastest-growing company in the Northeast for the second year in-a-row by Inc. "It's a privilege to join Snappy during this time of explosive growth, and I'm looking forward to helping grow our Product, Engineering, and UX teams globally," says Ry Sullivan.
The new hire also reflects Snappy’s desire to create an even bigger impact for their customers so they can spread more delight through their gift-giving platform than ever before. In his new role, Ry will be responsible for guiding the vision and strategy of Snappy’s product roadmap to drive growth and innovation. ”We're committed to building a product that continues to spread smiles across the world, and I know Ry’s expertise will be invaluable to our team, customers, and partners as we head into our next phase of growth.” He cares deeply about putting customer needs at the heart of our product and embraces our core values at every level,” says Hani Goldstein. “We truly believe Ry is the right person to take the product helm here at Snappy. Ry joins Snappy from Carta, where he spent over five years leading platform product, design, UX, and customer operations.Īs Chief Product Officer at Snappy, Ry will report to Snappy’s co-founder and CEO, Hani Goldstein, and will lead Snappy’s product team to its next phase of hypergrowth on their mission to be the world's leading gift-giving platform. NEW YORK-( BUSINESS WIRE)- Snappy, the New York-based tech platform revolutionizing gifting, is pleased to announce that it has named Ry Sullivan as Chief Product Officer.
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