Giftapart exploring a capital raise

by GIFTAPARTJULY 19, 2018

Graphical image of Giftapart logo shaddow on the wall.

PRESS RELEASE -- FOR IMMEDIATE RELEASE

Revolutionary ecommerce platform promising to "change the world" has been building retailer partnerships

SOMERVILLE, NJ, July 19, 2018 — Giftapart Inc., the internet e-commerce marketplace company creating a revolutionary new online shopping experience, announced that it is exploring a capital raise round.

Filipe Pedroso, Esq., the company’s founder and CEO said, “Giftapart has developed a top-notch website platform with new ways of ecommerce shopping never before seen. We also developed apps for both iOS and Android. This is a complete package. Lately, we have been contacted by venture capitalists interested in getting an equity entry position, so we decided to explore this option.”

Giftapart is in Alpha phase of its software development. According to Pedroso, the company’s software is scheduled to be in Beta within weeks, and ready for public release by late summer or early fall.

“We had an initial seed round back in August 2017 which went very quickly. The goal was to have enough money to build the platform. We are accomplishing that under-budget. Giftapart is in solid financial standing, with a committed Board to its longterm success. But, with the recent interest from venture capitalists, we decided best to open consideration to the wider investment community to protect and optimize both shareholder value and finding the right investment partner,” added Pedroso.

Giftapart’s world headquarters are in Somerville, New Jersey, with a Europe division in Lisbon, Portugal. The company has been developing a patent-pending new way of gifting which the company’s CEO said will “change the world.”

“Giftapart has developed new technologies that we have filed for patent protection. We have a solid business model with a growth-driven plan that can result in multiple sources of revenue placing this company’s valuation well into the billions [USD] within five years,” commented Pedroso.

Giftapart has not publicly announced the details of its platform. It has revealed that Giftapart will provide a credible and reliable ecommerce marketplace for established retailers to sell their products directly to consumers. The Giftapart platform promises to bring innovative tools to retailers and consumers, and has been increasing its retailer partnerships over the past month.

“Retailers have found our unique methods of ecommerce very exciting and have been pleased to finally see a platform that provides them a fair playing field and gives them so much value for no fees. We only collect a small commission of each transaction, that’s it, and in return retailers get more than they’ve ever received from any other internet marketplace,” said Pedroso.

“Giftapart is a win-win-win for retailers, consumers, and investors,” added Pedroso, “Everyone who has been able to see Giftapart and its wonderful features has been super excited, and we are too!”

Pedroso stated, “Without any publicity and without trying, we already have individuals interested in investing. I believe we’ll be done with this round very quickly, increasing our cash on hand and strengthening our financial position as a company.”

For more information potential investors can contact the business office at biz@giftapart.com.

Giftapart is listed on Crunchbase at http://www.crunchbase.com/organization/pedroso-ventures-inc

Text and pictures available at: https://info.giftapart.com/news/news20180719.html.

About Giftapart

Giftapart Inc. is developing an innovative and revolutionary new way for e-commerce. 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 provisional 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.); Jeffrey Foose (Managing Partner of AERIS Capital, with extensive experience in tech startups, commodity investments, management, software development and accounting); 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: Facebook, Instagram, Twitter & LinkedIn.

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

lvp@giftapart.com