Gift Card Marketplace Zeek Raises $9.5M

 July 28, 2016 | Israeli online gift card marketplace startup Zeek, announced today it has closed a $9.5 million Series B financing round led by Scale-Up Venture Capital. Other prominent investors in the round include Blumberg Capital, Qualcomm Ventures, FJ LABS (Fabrice Grinda), Waze founder Uri Levine, Emery Capital, Ton Ventures, Radiant Venture Capital, iAngels and Target Global. Zeek is a mobile app and website that allows users to buy gift cards and vouchers from their favorite brands at a discount and sell unwanted gift vouchers for cash, providing a solution to the estimated $100 billion of unused gift cards globally. This round of funding will support Zeek’s growth in the UK and expansion overseas, and the company hopes to attract new talent to advance their vision.