Plastic Jungle, Inc Secures $4,800,000 Series A Round

  • Feed Type
  • Date
    5/26/2009
  • Company Name
    Plastic Jungle, Inc
  • Mailing Address
    2491 Alluvial Ave Clovis, CA 93611
  • Company Description
    Plastic Jungle is the leading Web site for gift card exchanges — whether you want to buy gift cards at substantial savings, sell them for cash, or trade pre-owned gift cards with others, www.plasticjungle.com offers the simplest and safest way to get what you want.
  • Website
    http://www.plasticjungle.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,800,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    Bay Partners
  • Venture Investor
    First Round Capital
  • Venture Investor
    Harrison Metal Capital

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  • My gift card nightmare!

    I recently had a horrible experience with Plastic Jungle (plasticjungle.com). I had a large number of gift cards to sell and was looking for a reputable company willing to purchase them. I went to their website and saw that they would purchase the cards. Since I had many cards at stake and I had never dealt with Plastic Jungle before, I did everything I could to ensure myself that they were an honorable website. I called them on 3 separate occasions and spoke to 2 plastic jungle employees.

    This experience has led me to believe that PlasticJungle.com is a false advertising scam and I would stay away. As always BUYER BEWARE!!!

    If you have a similar experience with any gift card site, please email me at Hostess4themostess@gmail.com and be sure to file a complaint with the Better Business Bureau. I’ve read plenty of horror stories ranging from buyers being misled to flat out gift card fraud. Hopefully through sharing of info, we can stop others from making the same mistake.