
T-Venture backs DropGifts
T-Venture has backed Berlin-based social gifts start-up DropGifts with a seven-digit-euro investment.
The funding will enable the company to accelerate groth by expanding its offering and improving its service. T-Venture invested because it was convinced of the company's international growth potential .
Company
DropGifts was founded by CEO Adrian Renner, Andreas Fruth, Uwe Gleitz and Gerhard Trautmann in early 2012. It allows users to send personalised gift cards from an iPhone or Android to their Facebook friends.
The business is already active in more than 10 countries, including the UK, the US, the Netherlands, Spain, Italy, Finland, Denmark, Argentina and Brazil.
People
Partner Thomas Vogel led the deal for T-Venture.
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