About AIR MILES
AIR MILES is a company based in Scarborough (Canada) founded in 1992 was acquired by Diversified Royalty Corp in August 2017.. AIR MILES operates in a competitive market with competitors including DeluxCards and 4PAY, among others.
- Headquarter Scarborough, Canada
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Diversified Royalty Corp
(Aug 25, 2017)
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Funding Insights of AIR MILES
| 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 AIR MILES
AIR MILES has secured backing from 1 investor. Prominent investors backing the company include Diversified Royalty Corp. 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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Provider of financial services
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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 AIR MILES
| 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 - AIR MILES
| 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 |
Air Miles Comparisons
Competitors of AIR MILES
AIR MILES 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 DeluxCards and 4PAY, 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 |
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| domain | founded_year | HQ Location |
Provides unbiased ratings and tips for selecting credit cards based on user credit levels.
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| domain | founded_year | HQ Location |
Virtual credit cards and payment solutions are offered by 4PAY.
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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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Latest news on Air Miles
Frequently Asked Questions about AIR MILES
When was AIR MILES founded?
AIR MILES was founded in 1992.
Where is AIR MILES located?
AIR MILES is headquartered in Scarborough, Canada. It is registered at Scarborough, Ontario, Canada.
What does AIR MILES do?
AIR MILES was founded in 1992 in Scarborough, Canada, within the financial services sector. White-labeled credit cards are offered to consumers, along with services such as Airmiles transfers, travel insurance, and bookings. Payments are facilitated for groceries, gas, beauty essentials, and other needs. The application is accessible on Android, iOS, and AppGallery platforms, supporting operations across Canada.
Who are the top competitors of AIR MILES?
AIR MILES's top competitors include 4PAY and DeluxCards.
Who are AIR MILES's investors?
AIR MILES has 1 investor. Key investors include Diversified Royalty Corp.