Breaking: Snappy delivers 6M+ gifts worldwide Series D closes at ~$200M valuation Recipient choice reinvents corporate gifting Snappy acquires Covver, adds swag & company stores 170+ countries, zero mailing addresses required Founded 2015 by Hani Goldstein & Dvir Cohen Breaking: Snappy delivers 6M+ gifts worldwide Series D closes at ~$200M valuation Recipient choice reinvents corporate gifting Snappy acquires Covver, adds swag & company stores 170+ countries, zero mailing addresses required Founded 2015 by Hani Goldstein & Dvir Cohen
Company Profile Corporate Gifting New York, USA

Snappy sends a choice, not a box.

The gifting platform that lets companies pick a budget and a collection - then hands the recipient the final say. Ten years in, that small twist has moved more than six million gifts across 170+ countries.

Snappy logo wordmark
SNAPPY — the corporate gifting platform, headquartered at 33 Irving Pl, New York. Founded 2015.
6M+
Gifts Delivered
170+
Countries Reached
$130M
Total Raised
250K+
Gift Options
The Story

A better answer to a bad question

Every people team has stood in front of the same problem. It is late November, the budget is approved, and someone has to decide what 270 employees would like to receive. The old answer was a shipped box - a branded fleece, a desk gadget, a fruit basket - chosen once, ordered in bulk, and returned in numbers nobody likes to talk about.

Snappy was built to retire that ritual. Founded in 2015 by Hani Goldstein and Dvir Cohen, the company started in personal, consumer gifting before pivoting in 2017 to the market it now defines: corporate gifting built around recipient choice. Instead of shipping one preselected item, a sender sets a budget and a curated collection. The recipient opens a digital, wrapped surprise, browses, and chooses the gift they actually want.

The mechanics sound modest. The consequences are not. There is no mailing address to collect, no size to guess, no customs form to chase. Gifts arrive through email, SMS, Slack or Microsoft Teams, which is why a company can send the same gesture to an office in Ohio and a remote hire in Lisbon on the same afternoon.

That model has scaled into a business. Snappy has raised roughly $130 million across five rounds, reached an approximate $200 million valuation at its April 2024 Series D, and delivered more than six million gifts. In January 2025 it acquired the swag startup Covver, folding branded merchandise and company stores into a platform that had, until then, been known mainly for egifting.

"Small moments of recognition can spark big changes." Hani Goldstein, Co-Founder & CEO
The Idea

Recipient choice, in practice

The core insight is almost stubbornly simple: the person best placed to pick a gift is the person receiving it. Snappy's whole product is designed around removing the sender's guesswork.

The old corporate gift

  • One item, chosen for everyone
  • Mailing addresses collected by hand
  • Wrong sizes, duplicate returns
  • Customs delays across borders
  • No idea if it landed well

The Snappy way

  • A curated collection; recipient chooses
  • Delivered by email, SMS, Slack or Teams
  • Recipient picks size and preference
  • Fulfillment across 170+ countries
  • A thank-you note closes the loop
Products & Services

What you can send

Recognition

Employee Gifting

Birthdays, work anniversaries, onboarding and holidays - automated through 40+ HRIS integrations including Workday, BambooHR and ADP.

Loyalty

Customer Gifting

Marketing and retention campaigns that reward loyalty and re-engage customers with a gift they choose themselves.

Revenue

Sales Incentives

Prospecting and pipeline gifts to warm leads and thank customers, tied to milestones and campaigns.

Developer

Snappy API

Embed gifting into any app or workflow and trigger gifts on user behavior, milestones or campaigns.

Merch

Swag & Company Stores

Branded merchandise, curated swag kits and company stores - expanded through the 2025 Covver acquisition.

Intelligence

AI Gifting Assistant

AI-powered personalization to recommend and curate gifts at scale, part of the post-Covver roadmap.

The Market

Who it's built for - and who it isn't

Corporate gifting is a crowded category, and Snappy has been deliberate about its lane. It is built for HR and people teams doing employee appreciation at scale, not for sales pipelines chasing attribution.

That focus is its clearest line against rivals. Sendoso and Reachdesk are strongest when gifting is wired into revenue workflows and CRM attribution. Goody and Loop & Tie lean on recipient choice and consumer-style ease. Snappy sits where recognition, scale and a genuinely joyful unwrapping experience matter most - and it is candid about the tradeoff, historically leaning on digital gifting rather than direct mail, a gap the Covver deal is meant to close.

SendosoReachdeskGoodyLoop & TieAlycePerkUpTraditional swag vendors
The Money

Five rounds to $130M

Seed · 2015
$1.6M
Series A · 2018
Series B · 2020
$25M
Series C · 2021
$70M
Series D · 2024
$25M

Investors across rounds include Hearst Ventures, Notable Capital, Saban Ventures and Qumra Capital (Series D lead). Series A amount undisclosed; figures approximate, per public reports.

"Covver's expertise in swag and company store solutions perfectly complements Snappy's proven track record of delivering exceptional gifting experiences at scale." Hani Goldstein, on the January 2025 Covver acquisition
Timeline

Ten years of gifting

2015

Snappy is founded

Hani Goldstein and Dvir Cohen launch in San Francisco, starting in personal client gifting.

2017

Pivot to corporate

The company shifts to an enterprise model built around recipient choice.

2018

Series A

Raises a Series A round with Hearst Ventures and Notable Capital.

2020

Series B - $25M

Led by Saban Ventures as remote-work gifting demand surges.

2021

Series C - $70M

Investors bet on the rise of personalized corporate gifting.

2024

Series D at ~$200M

Raises $25M led by Qumra Capital, bringing total funding to roughly $130M.

2025

Acquires Covver

Adds branded merchandise, company stores and AI-powered personalization.

FAQ

Common questions

What does Snappy do?
Snappy is a corporate gifting platform that lets companies send a curated collection and let recipients choose the gift they want, delivered digitally without needing a mailing address.
Who founded Snappy and when?
Snappy was founded in 2015 by Hani Goldstein (CEO) and Dvir Cohen (CTO). It is headquartered in New York.
How is Snappy different from Sendoso or Reachdesk?
Snappy centers on recipient choice and is strongest for HR and people teams doing employee appreciation at scale, while Sendoso and Reachdesk focus more on sales-pipeline and revenue-attribution gifting.
How much funding has Snappy raised?
Snappy has raised roughly $130 million across several rounds, including a $25M Series D led by Qumra Capital in April 2024 at about a $200 million valuation.
What did Snappy acquire in 2025?
In January 2025 Snappy acquired Covver, a corporate swag and merchandise gifting platform, expanding into branded swag, company stores and AI-powered personalization.