About Awardit
Awardit is a publicly listed company based in Stockholm (Sweden) founded in 1999 by Niklas Lundqvist. It operates as a loyalty program solutions for multiple industries. Awardit has completed 3 acquisitions, including Connex Group, Crossroads Loyalty Solutions and Pramie Direkt. Its chief executive is Erik Grohman. Its website awardit.com draws about 67 thousand monthly visits. Its focus areas include Enterprise Applications, Loyalty Software, Standalone Loyalty and Multi-Industry. Its competitors include Zinrelo, Froogal, Hang, Birdback and rediem and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Stockholm, Sweden
- Founders Niklas Lundqvist
- Stage Public
- SectorsTechnology
- Website awardit.com
- Social LinkedIn X Facebook
- Investments & AcquisitionsConnex Group
& 2 more
People of Awardit
2 people are tracked at Awardit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Niklas Lundqvist | Founder | Leadership |
Erik Grohman | CEO | Leadership |
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Referral marketing solutions are delivered via an online platform. | connexgroup.net | Wels, Austria | 1986 | Feb 2023 | •••• | |
Advertising and market research services are provided to clients. | praemie-direkt.de | Elmshorn, Germany | 1965 | Jan 2021 | •••• | |
Digital marketing, IT development, and UX design services are offered. | crossroads.se | Stockholm, Sweden | 1999 | Oct 2018 | $11.77M |
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Timeline of Awardit
5 dated milestones of Awardit across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Awardit is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Crossroads Loyalty Solutions.
- Acquisition Acquires Pramie Direkt.
- Acquisition Acquires Connex Group.
Competitors of Awardit
Awardit has 9 listed competitors in our database, 5 of them funded. They include Zinrelo, Froogal, Hang, Birdback and rediem, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zinrelo.com | 2010 | Pune, India | $6.95M | – | Loyalty and referral platforms are provided for businesses. | |
| froogal.ai | 2016 | Hyderabad, India | $1M | 24 | Customer insights management solutions are offered for in-store retailers. | |
| hang.com | 2021 | New York, United States | $16M | – | Omnichannel loyalty programs are managed for businesses through integrated features. | |
| birdback.com | 2013 | London, United Kingdom | $2.4M | – | Provides comprehensive card-linked loyalty program solutions. | |
| rediem.co | 2023 | New York, United States | $1.2M | – | An omnichannel platform for customer loyalty and engagement is provided. | |
| trucentive.com | 2018 | San Francisco, United States | – | – | Platform automates delivery of gifts, rewards, and incentives for businesses. | |
| bonobo.com.tr | 2014 | Besiktas, Turkey | – | – | Provides CRM, BI, and loyalty programs to enhance business customer engagement. | |
| bloyal.com | 2005 | Redmond, United States | – | – | Customer loyalty platform with automation and multi-channel integrations is offered. | |
| loyicard.com | 2019 | – | – | – | Omnichannel loyalty software is delivered via an integrated platform. |
Detailed competitors of Awardit
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Web traffic of Awardit
The website of Awardit (awardit.com) receives about 67.5K visits a month.
- Monthly visits67.5K
▼ 24.9% vs previous month
Websites whose visitors overlap most with Awardit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| affarsvarlden.se | 100% | 637.8K | #93,694 | View details | |
| di.se | 80% | 7.5M | #11,988 | View details | |
borsvarlden.com | borsvarlden.com | 62% | – | #1,142,947 | – |
placera.se | placera.se | 60% | – | #28,064 | – |
zupergift.com | zupergift.com | 36% | – | #364,362 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Awardit
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- 6 similar websites
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Top companies in Loyalty & Engagement Platforms
10 companies that operate in the same segment as Awardit (Loyalty & Engagement Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 886 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
AI-powered loyalty management software is offered for enterprises. | 2008 | Bengaluru, Karnataka, India | USD 239.1 M | USD 78.34 M | 571 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Card-linked marketing solutions are provided to banks and financial institutions. | 2008 | Atlanta, Georgia, United States | USD 178 M | USD 233.27 M | 454 | |
Cloud-based loyalty solutions for restaurants and stores are provided. | 2001 | Newton, Massachusetts, United States | USD 75 M | – | 234 | |
Promotion management and cashback solutions are provided to retailers. | 2016 | Washington, District Of Columbia, United States | USD 250 M | – | – | |
Digital gift cards are provided for enterprise incentive programs. | 2009 | Seattle, Washington, United States | USD 57.01 M | – | 267 | |
Online platform to create, run and manage promotional campaigns | 2015 | Berlin, Berlin, Germany | USD 138.4 M | – | 58 | |
Cloud-based CRM, loyalty, and conversational commerce solutions are delivered. | 2011 | Gurugram, Haryana, India | USD 15.31 M | USD 7.81 M | 264 |
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Related news about Awardit
Complete news archive for Awardit
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Frequently Asked Questions about Awardit
Awardit was founded in 1999.
Awardit is headquartered in Stockholm, Sweden.
Erik Grohman is the current CEO of Awardit.
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.
Awardit has made 3 acquisitions, including Connex Group, Crossroads Loyalty Solutions, and Pramie Direkt.