Jifiti Obtains $2,500,000 Seed Round

  • Feed Type
  • Date
    7/30/2013
  • Company Name
    Jifiti
  • Mailing Address
    1275 Kinnear Rd Columbus, OH 43212
  • Company Description
    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.
  • Website
    http://www.jifiti.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Simon Property Group
  • Venture Investor
    Schottenstein Stores
  • Venture Investor
    Jesselson Capital

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