Knack Secures Series A Equity Investment from Second Avenue Partners

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Summary

“Second Avenue Partners is the perfect team to help our company continue our growth trajectory, and Nick is someone I know and trust to provide excellent guidance and counsel. He will be a strong addition to our board.” Founded by software exec and ex-VC, Laura Jennings in 2015, Knack is a modern gift-giving e-commerce platform for personal, professional, and corporate gifting. Just this week, they launched their latest innovation, Knest by Knack, which invites individuals and companies to design an immersive page with videos, photos, custom messages, PDFs, and weblinks surrounding their own curated gift selection, and is sent via email to recipients. Founded in Seattle, Wash., in 2015, Knack makes it easy for customers to act on their ideas and curate gift boxes based on shared stories that reflect the unique values, personality, and relationship between giver and recipient. The firm looks to invest in promising teams and transformational ideas in a wide range of areas including internet, consumer and social media, software, and clean energy.

$ Funding

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Amount $3.5M Total raised
Date November 19, 2021 Announcement date
Investors - Lead investors
Company https://knackshops.com/ Funded company

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