Tech Company Financing Transactions
Nift Funding Round
Nift, operating out of Boston, received $16.5 million in investment from Accomplice, Foundry Group and Spark Capital.
Transaction Overview
Company Name
Announced On
3/31/2018
Transaction Type
Venture Equity
Amount
$16,500,000
Round
Series A
Investors
Proceeds Purpose
Nift plans to expand nationally, with up to five new markets and an increase in its team of 400 percent over the next twelve months.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
101 Huntington Ave. 410
Boston, MA 02199
USA
Boston, MA 02199
USA
Phone
Undisclosed
Website
Email Address
Overview
Nift is an invitation only network of neighborhood businesses. Business owners give Nift gifts to thank existing customers, support other local businesses, and bring great new customers through the door.
Management Team
Title
Name
Email & Social
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