Giftbee Secures $1 Million in Funding
Melbourne-based gifting platform Giftbee has raised $1 million in a seed funding round led by Antler.
Giftbee aims to provide more sustainable, flexible, simpler, and value-focused gift solutions to reshape how businesses, brands, and consumers give and receive gifts.
The funding round also saw participation from Brisbane Angels and private investors, and will be used to expedite the startup's expansion plans.
Giftbee aims to reshape how businesses, brands and consumers give and receive gifts by providing more sustainable, flexible, simpler and value-focused gift solutions.
The company, founded by Mark Singer in 2024, plans to use the funding to invest in product and technology, tackling Australia's billion-dollar gifting waste crisis.
Author's summary: Giftbee raises $1 million.