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Escargot Raises $2.75M To S...

Escargot Raises $2.75M To Scale AI-Powered Greeting Card App With Investor Support
SOLD

Escargot Raises $2.75M To Scale AI-Powered Greeting Card App With Investor Support

Building Size

Asset Type

Closing

Mar 4, 2026

AI

Escargot raised $2.75 million in funding to scale its AI-powered greeting card app and expand its physical delivery infrastructure. The funding round was co-led by Wischoff Ventures and Hannah Grey Ventures, with participation from South Park Commons and Magic Fund.

Summary of transaction details:

  • Deal Type: Funding
  • Transaction Amount: $2,750,000
  • Company: Escargot
  • Founders: Andrew Gold & Aaron Albert
  • Headquarters: New York, New York
  • Investors: Wischoff Ventures, Hannah Grey Ventures, South Park Commons, Magic Fund

Escargot, led by founders Andrew Gold and Aaron Albert, offers an app that utilizes AI to design and mail personalized physical cards while analyzing calendars and contacts to suggest occasions for outreach. The company's innovation combines technology with traditional card delivery, aiming to enhance personal connections through thoughtful communication.

Players

Andrew Goldberg

Seller

$107M

vol

5 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93