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Startup Lets You Buy And Sell Unwanted Gift Vouchers

Now, Gift Vouchers will never get wasted!

About Zeek

Founded in 2014, Zeek is an Israeli startup that allows you to buy and sell unwanted gift vouchers. It’s dedicated app and marketplace can let you trade unwanted store credit, including gift vouchers, credit notes, gift cards and e-vouchers. The seller gets to offload credit that is of no use or before it expires, and the buyer gets to purchase credit at a significant discount. On each transaction, Zeek charges a commission. Though it started in Tel Aviv, it currently operates mainly in the UK. Daniel Zelkind is the co-founder and CEO of Zeek.

Zeek Raises Funds

Recently, Zeek had raised a funding of $9.5 Million in Series B round, which was led by Scale-Up Venture Capital. Other investors include Blumberg Capital, Qualcomm Incorporated, FJ Labs, Uri Levine, Emery Capital, Ton Ventures, Radiant Venture Capital, iAngels and Target Global. Some of them participated in Series A. With the recent funding, the startup will be able to strengthen its position in the UK as well as expanding in the international markets. Moreover, some part of the funding will be used in pushing marketing, PR and TV campaigns for Christmas.

Zeek is expected to be the next tech unicorn in Europe.

Takeaways:

  • Founded in 2014, Zeek is an Israeli startup that allows you to buy and sell unwanted gift vouchers.
  • It’s dedicated app and marketplace can let you trade unwanted store credit, including gift vouchers, credit notes, gift cards and e-vouchers.
  • Recently, Zeek had raised a funding of $9.5 Million in Series B round, which was led by Scale-Up Venture Capital.

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