
Shutterfly
Your life events & everyday moments beautifully preserved and shared. Photo books, cards, stationery & gifts..
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | $2.7b Valuation: $2.7b 1.4x EV/Revenue 8.8x EV/EBITDA | Acquisition | |
Total Funding | 000k |







USD | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 15 % | 7 % | 5 % | 65 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 18 % | 18 % | 18 % | 20 % | 20 % | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (1 %) | - | 1 % | 3 % | 3 % | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
R&D % of revenue | - | 17 % | 18 % | 16 % | 11 % | - | - |
Source: Company filings or news article
Related Content
Founded in 1999, Shutterfly, Inc. operates as a prominent player in the digital personalized photo products and services market. The company's inception is credited to Dan Baum and Eva Manolis, who brought their respective expertise in business and engineering to establish the brand. A significant milestone in its history was the acquisition of the Eastman Kodak Company's online photo service, Kodak Gallery, in 2012 for $23.8 million, a move that substantially expanded its customer base. Another pivotal moment occurred in 2019 when private equity firm Apollo Global Management acquired Shutterfly for $2.7 billion, taking the company private and later merging it with competitor Snapfish.
Shutterfly's business model centers on enabling consumers to transform their digital photographs into tangible, personalized products. The company primarily serves individual consumers who are looking to create custom items for personal use, gifts, or keepsakes. Its revenue is generated through the direct sale of these personalized photo products and services via its e-commerce platform. This platform allows users to upload their photos and then design a wide array of items, from photo books and calendars to home decor and stationery.
The core offering revolves around a suite of web-based and mobile application tools that facilitate the creation of these personalized goods. Customers can choose from a vast selection of templates and design elements to customize products such as photo books, which are a cornerstone of their product line. Other popular items include custom greeting cards, wall art like canvases and posters, calendars, and a variety of photo gifts such as mugs, blankets, and phone cases. The service's value proposition lies in its ability to provide a user-friendly design experience and high-quality printed products, allowing individuals to preserve and share their memories in a creative and physical format. The merger with Snapfish further solidified its position in the market, combining two of the most recognized names in the online photo personalization space.
Keywords: photo personalization, e-commerce, digital printing, photo books, custom gifts, online photo service, consumer products, photo merchandise, memory preservation, direct-to-consumer
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