Giftapart's CEO exploring capital raise in the Bay Area
10/18/2019

Giftapart, providing a new gift registry system allowing users to get gifts in the order they pick and introducing social ecommerce, explores a Series A round.

Online PR News – 18-October-2019 – SAN FRANCISCO, CA – Giftapart, the company that has reinvented, simplified and perfected gifting, and created the first social ecommerce supermall, is now exploring a Series A venture capital investment round.

Filipe Pedroso, the founder and CEO, will be traveling to Silicon Valley to meet with potential investors the week of October 20. "Giftapart had been receiving a few solicitations from investors over the past couple months, and once we had enough meetings to justify my trip, I booked a trip out to the Valley," said Pedroso, "I'll be spending the week meeting with a few investors in both San Francisco and the Palo Alto area."

Silicon Valley area investors looking for information and would like to schedule an introduction meeting can go to https://invest.giftapart.com.

Board member Jerry D'Ascoli, who invested in both Seed I and Seed II rounds, stated, "Giftapart is like ecommerce on steroids. It's amazing what Filipe has done, but it doesn't surprise me. I've know Filipe for over a decade, and this guy is the hardest working person I know. And he doesn't know how to quit. When I first heard of this project, and more importantly that Filipe was leading it, I jumped right in. I only wish I could have invested more."

Jeffrey Vanderbeek, prior owner and Chairman of the NJ Devils NHL franchise and The Prudential Center arena in Newark, NJ, and former Managing Partner responsible for Capital Markets at Lehman Bros., invested in Giftapart in its first seed round. Vanderbeek said, "I have known Filipe for about 3 years now and have witnessed his dogged determination coupled with a tremendous work ethic in getting Giftapart to where it is today."

Current Board members are willing to continue funding the project. D'Ascoli added, "Filipe is an innovator. He has so many other ideas to improve upon ecommerce. I can't wait to continue seeing this company grow here and abroad. I'm looking for an opportunity to increase my equity, and I know that the Giftapart team is ready, willing and able to continue funding this project. But I support Filipe's vision and plan to get an investor onboard with additional resources and funding that can really help skyrocket our scale."

"It's now about market growth and scaling big," commented Pedroso, "Our ideal investor is not just someone who throws money at the project, although money helps, but it's a venture capital firm with resources and a team that compliments us and provides additional tools to expedite our international growth."

Giftapart is available on any browser as well as on the Apple App Store and Google Play Store. Links available at https://app.giftapart.com.

Text and pictures available at: https://info.giftapart.com/news/news20191016.html

About Giftapart

Giftapart Inc. has developed an innovative new ecommerce marketplace revolutionizing gifting. The company was established in 2017 and is headquartered in Somerville, New Jersey. The company's software systems and methods have resulted in the filing of numerous patents. Giftapart is led by award-winning attorney and 3-time elected Councilman Filipe Pedroso, Esq., Founder, CEO and Board Member, as well as its other Board members: Liana Pedroso (a public relations and corporate communications expert with international experience and Master's Degrees in the field from both Bashkir and New York University); Jeffrey Vanderbeek (prior owner and Chairman of the NJ Devils NHL franchise and The Prudential Center; and former Managing Partner responsible for Capital Markets at Lehman Bros.); and Henrique Pedroso (a serial entrepreneur and law school graduate, grew and led his businesses with hundreds of employees from the ground-up into successful ventures).

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Company webpage: https://giftapart.com
Company social media platforms:
https://facebook.com/giftapart
https://instagram.com/giftapart
https://twitter.com/giftapart
https://linkedin.com/company/giftapart

For additional information contact:

Liana V. Pedroso
Chief Administrative Officer
Dir., Corp. Communications & Public Relations
Giftapart Inc.
892 US 22, 2nd Floor
Somerville, NJ 08876
(551) 202-8008 Extension 4077
press@giftapart.com