SnackMagic: Raises $15M in Series A Funding

  • SnackMagic, a NYC-based gift box platform provider, raised $15m in Series A funding
  • The round was by Craft Ventures, with participation from Luxor Capital
  • The company also intends to use the funds to build warehouse capacity and logistics support for its line of products
  • SnackMagic provides a platform to personalize snack boxes to gift and get. Whether users are sending to one person or 1,000, everyone has the freedom to choose from a unique menu of options
  • SnackMagic also provides features like global gifting, including company swag in snack boxes, branded boxes, and a Corporate Plan that enables multiple gift givers to use a central account
  • Toyota, Microsoft, Okta, Fidelity, Amazon, Google, Spotify, Harvard, Stanford, Virginia Tech, MIT, and Princeton already signed on as customers
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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