Giftbee, a Melbourne-based gifting platform, has raised $1 million in a seed funding round led by Antler.
The round also saw participation from Brisbane Angels and private investors. Founded by Mark Singer in 2024, Giftbee aims to provide more sustainable, flexible, and value-focused gift solutions.
Giftbee aims to reshape how businesses, brands and consumers give and receive gifts by providing more sustainable, flexible, simpler and value-focused gift solutions.
The funding will be used to expedite the startup's expansion plans, allowing it to double down on its investment in product and technology to tackle Australia's billion-dollar gifting waste crisis.
Author's summary: Giftbee raises $1 million to tackle gifting waste.