Wednesday, August 5, 2020

Giftz Gets Additional Funding From Draper Goren Holm

Los Angeles-based Giftz, a startup that offers up a mobile wallet and marketplace for points, miles, and gift cards, has received an investment from LA's Draper Goren Holm, the two said on Wednesday. Size of the investment was not announced. According to Draper Goren Holm, the follow on investment goes towards supporting both Giftz as well as its COVID-19 Humanitarian & Economic Recovery initiative. Draper Goren Holm is the venture studio run by Tim Draper, Alon Goren, and Josef Holm. Giftz says it offers up trading, gifting, and contactless payments through its app and service.

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