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
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Acardo Group Ag
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$99.04 K (USD), Grant
Feb 01, 2022
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Investors
Vectron Systems
& 1 more
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Employee Count
43
as on Dec 31, 2021
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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.
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 Funding
- Total Rounds 1
- Last Round Grant — $99,041
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First Round
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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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POS hardware and software solutions are provided for merchants.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by acardo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - acardo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acardo Comparisons
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.
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| domain | founded_year | HQ Location |
Platform offering brand management solutions
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| domain | founded_year | HQ Location |
Provider of brand design services
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| domain | founded_year | HQ Location |
Digital media broadcasting and TV services are operated by Tegna.
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| domain | founded_year | HQ Location |
Digital marketing, branding, and SMM services are offered.
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| domain | founded_year | HQ Location |
Marketing and branding services are provided internationally by Pico Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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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