Tuesday, 02 January 2024 12:17 GMT

Press Release: Givify Posts Early-User, Vendor And CAC Milestones With Fastercapital Support


(MENAFN- Mid-East Info) Summary: Givify, the Turkey-based startup building a commerce-enabled giving platform, today reported significant early-stage progress in product, user acquisition and vendor onboarding... Borderless Finance. AI-Native.

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Givify, the Turkey-based startup building a commerce-enabled giving platform, today reported significant early-stage progress in product, user acquisition and vendor onboarding while continuing to work with FasterCapital under the EquityPilot program. The company's updates reflect ongoing execution toward commercialization and fundraising readiness during its Pre-Seed 2026 phase.

FasterCapital and givify are maintaining ongoing support through the EquityPilot program, focusing on milestone planning, execution follow-up, and pitch refinement as givify advances its user and vendor traction and refines acquisition economics.

What the Startup Delivers?

Product Snapshot givify offers a commerce-enabled gifting and donation workflow designed to make charitable and cause-driven purchases simple for consumers and manageable for vendors. The platform emphasizes low-cost digital acquisition, vendor onboarding tools, and measurable conversion funnels intended to support scalable growth in Turkey's consumer and nonprofit marketplaces.

Current FasterCapital Support

FasterCapital continues to provide ongoing support during this phase, including:

– milestone planning and execution tracking to keep development and GTM aligned; – execution follow-up and prioritization for product and marketing workstreams; – fundraising readiness support and pitch refinement for upcoming investor outreach; – introductions to relevant ecosystem stakeholders as appropriate; – market positioning and communication support to clarify value props.

Evidence of Progress

– Early Users Acquired: 50 – Vendors Onboarded: 7 – Validated Customer Acquisition Cost (CAC): $0.78 – Average CPC: $0.03–$0.05 – Reach on $27 Spend: 4.8K

Current Execution

Priorities givify's current workstream focuses on scaling user acquisition channels that have shown efficient unit economics, expanding the vendor network to broaden merchant choice, and refining onboarding and retention flows. The team is also preparing fundraising materials and investor-facing metrics to support next-stage capital conversations while iterating on product-market fit indicators.

Leadership Comment

Hesham Zreik, Founder and CEO of FasterCapital, said: 'We're pleased to continue supporting givify through EquityPilot. Our team is focused on current execution priorities, milestone tracking, and connecting the startup with relevant ecosystem stakeholders as it advances.'

About Givify

Givify is a Turkey-based startup building a commerce-enabled giving platform that connects donors and vendors through low-friction purchase and donation experiences. The team focuses on measurable acquisition economics, vendor usability, and product features designed for scalable marketplace growth.

About FasterCapital

FasterCapital works with founders to turn plans into disciplined execution through milestone-based support, hands-on guidance, and improved fundraising readiness. With programs including EquityPilot, FasterCapital helps startups sharpen positioning, clarify priorities, and connect with relevant ecosystem stakeholders as they grow.

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