&Open, an Irish startup that gives a platform to ship presents at scale for corporations, raised $26m in Collection A funding.
The spherical, which introduced the entire capital raised to $33.2m, was led by Molten Ventures, with participation from First Spherical Capital, LocalGlobe, Tribal VC, in addition to new investor Middlegame Ventures,
The corporate intends to make use of the funds to broaden operations and its enterprise attain.
Based in 2017 by Jonathan Legge, Mark Legge and Ciara Flood, &Open is a SaaS gifting platform that helps corporations to ship significant presents at scale. From the curation of considerate presents to sending, the corporate helps construct loyalty between manufacturers, their clients, and their workers. The group of distributors embrace FLOWERBX, Flamingo Property, MasterClass, Momofuku, and extra. The platform might be built-in with corporations’ present processes and workflows, enabling companies to have presents delivered to clients, shoppers, prospects, and workers across the globe.
The corporate, which serves manufacturers corresponding to Airbnb, Peloton, Spotify, Hopin, Intercom, Wayflyer, and Higher-Up, has already grown its staff to 90+ with workers throughout Eire, the U.Ok, and the U.S., and plans to open an workplace in New York Metropolis within the subsequent 12 months.
FinSMEs
22/06/2022
