Tech Company Financing Transactions
Jifiti Funding Round
Jesselson Capital, Schottenstein Stores and Simon Property Group participated in a $2.5 million Seed venture round for Jifiti. The financing was recorded on 7/30/2013.
Transaction Overview
Company Name
Announced On
7/30/2013
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The plan now is to focus on the rollout to the 100 or so new malls, as well as on other new product initiatives that would help to transform physical items into digital purchases.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
401 w Town St.
Columbus, OH 43215
USA
Columbus, OH 43215
USA
Phone
Undisclosed
Website
Email Address
Overview
Jifiti.com has taken a unique approach to the online-offline tension by giving users the ability to capture tangible products in real stores and turn them into digitally transmittable gift cards. Once received, a user may use the digital gift card to redeem the item in-store and select the appropriate size, color and style.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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