acardo

Dortmund, Germany Founded: 2000 • Age: 26 yrs Acquired By Vectron Systems
Branding services are provided by Acardo in Dortmund, Germany.
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About acardo

acardo is a company based in Dortmund (Germany) founded in 2000 was acquired by Vectron Systems in December 2022.. The company has 43 employees as of December 31, 2021. acardo offers products and services including scondoo, couponplatz, and Add2Wallet. acardo operates in a competitive market with competitors including Xponential Fitness, Forum Brands, Carnival Corporation, Tegna and Wasserman, among others.

  • Headquarter Dortmund, Germany
  • Employees 43 as on 31 Dec, 2021
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Acardo Group Ag
Operational Areas
Business Services → Customer Experience & Marketing Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $99.04 K (USD), Grant

    Feb 01, 2022

  • Investors
  • Employee Count
    43

    as on Dec 31, 2021

  • Acquired by
    Vectron Systems

    (Dec 30, 2022)

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Products & Services of acardo

acardo offers a comprehensive portfolio of products and services, including scondoo, couponplatz, and Add2Wallet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for earning cashback on purchases through partnered retailers

Platform for digital coupons and promotions in various stores

Tool to add coupons to mobile wallets for easy redemption

Funding Insights of acardo

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $99,041
  • First Round

    (01 Feb 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2022 Amount Grant - acardo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in acardo

acardo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Vectron Systems and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
POS hardware and software solutions are provided for merchants.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by acardo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - acardo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acardo Comparisons

Employees
+
Add Comparison
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Competitors of acardo

acardo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xponential Fitness, Forum Brands, Carnival Corporation, Tegna and Wasserman, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Branding services are provided to clients by Xponential Fitness.
domain founded_year HQ Location
Platform offering brand management solutions
domain founded_year HQ Location
Provider of brand design services
domain founded_year HQ Location
Digital media broadcasting and TV services are operated by Tegna.
domain founded_year HQ Location
Digital marketing, branding, and SMM services are offered.
domain founded_year HQ Location
Marketing and branding services are provided internationally by Pico Group.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acardo

Frequently Asked Questions about acardo

When was acardo founded?

acardo was founded in 2000 and raised its 1st funding round 22 years after it was founded.

Where is acardo located?

acardo is headquartered in Dortmund, Germany. It is registered at Dortmund, North Rhine-westphalia, Germany.

How many employees does acardo have?

As of Dec 31, 2021, the latest employee count at acardo is 43.

What does acardo do?

Acardo was founded in 2000 and is headquartered in Dortmund, Germany. Operations focus on the branding sector, where services such as brand development and identity creation are delivered to clients. The company maintains its domain at acardo.com and serves various industries through tailored branding solutions. Activities are centered in the European market, with an emphasis on strategic branding consultations and implementation.

Who are the top competitors of acardo?

acardo's top competitors include Xponential Fitness, Carnival Corporation and Forum Brands.

What products or services does acardo offer?

acardo offers scondoo, couponplatz, and Add2Wallet.

Who are acardo's investors?

acardo has 2 investors. Key investors include Vectron Systems, and European Union.

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