Snappy Raises $70M in Funding
- Snappy, a New York-based tech platform for gifting, raised $70M in funding
- The round was led by GGV Capital with participation from existing investors 83North, Saban Ventures and Hearst Ventures
- In conjunction with the funding, Hans Tung, managing partner at GGV Capital, will join companies board
- The company will use these funds to continue to expand into additional segments and markets, and explore acquisitions
- The company has also added two new Executives to its leadership team — Alison Sagar, former UK CMO from PayPal and Amy Stoldt, former SVP of people from Peloton
- The company has become a partner to over 1,000 enterprise customers including Microsoft, Adobe, Comcast, and Uber
