Los Angeles-based Givingli Raises $4 Million

Givingli, creators of the design-forward gifting app, has announced that it has raised $4 million in seed funding, bringing the total raised to $5 million. Led by Alexis Ohanian’s Seven Seven Six, participants in the latest round of funding also include Snap’s Yellow Accelerator and Pipe Co-CEO and Co-Founder, Harry Hurst.

The latest round of funding will be used to expand Givingli’s gift offerings and grow creative partnerships with its community of independent artists.

“For hundreds of years humans have used cards and gifts to deepen connections with one another. Givingli created a product that fills a massive, universal need — at a perfect time, in the perfect form, led by the perfect CEO,” said Mike Su, Director, Yellow Accelerator at Snap Inc. “Having spent the past six months with Nicole through Yellow Collabs and the Yellow Accelerator, it’s clear her empathy, eye for design, vision, and singular leadership makes her uniquely suited to execute on this big vision, and we’re grateful for the opportunity to support her, Ben, and the entire team along that journey.”

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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