About Awardit
Awardit is a company based in Stockholm (Sweden) founded in 1999 by Niklas Lundqvist.. Awardit has completed 3 acquisitions, including Connex Group, Crossroads Loyalty Solutions and Pramie Direkt. Awardit operates in a competitive market with competitors including Zinrelo, Froogal, Hang, Birdback and rediem, among others.
- Headquarter Stockholm, Sweden
- Founders Niklas Lundqvist
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Connex Group
& 2 more
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Funding Insights of Awardit
| 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 |
Investments & Acquisitions by Awardit
Awardit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Connex Group, Crossroads Loyalty Solutions and Pramie Direkt. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital marketing, IT development, and UX design services are offered.
|
1999 | ||||
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Referral marketing solutions are delivered via an online platform.
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1986 | ||||
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Advertising and market research services are provided to clients.
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1965 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Awardit
| 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 |
Awardit Comparisons
Competitors of Awardit
Awardit 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 Zinrelo, Froogal, Hang, Birdback and rediem, 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 |
Loyalty and referral platforms are provided for businesses.
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| domain | founded_year | HQ Location |
Customer insights management solutions are offered for in-store retailers.
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| domain | founded_year | HQ Location |
Omnichannel loyalty programs are managed for businesses through integrated features.
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| domain | founded_year | HQ Location |
Provides comprehensive card-linked loyalty program solutions.
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| domain | founded_year | HQ Location |
An omnichannel platform for customer loyalty and engagement is provided.
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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 Awardit
Frequently Asked Questions about Awardit
When was Awardit founded?
Awardit was founded in 1999.
Where is Awardit located?
Awardit is headquartered in Stockholm, Sweden.
Who is the current CEO of Awardit?
Erik Grohman is the current CEO of Awardit.
What does Awardit do?
Founded in 1999 and headquartered in Stockholm, Sweden, Awardit operates in the loyalty management sector. B2B and B2C loyalty programs, along with employee engagement solutions and gift card services, are provided to businesses in multiple industries. Operations encompass member database and transaction management, partner networks, procurement, warehouse logistics, sales, marketing, finance, and customer service support.
Who are the top competitors of Awardit?
How many acquisitions has Awardit made?
Awardit has made 3 acquisitions, including Connex Group, Crossroads Loyalty Solutions, and Pramie Direkt.