About BI WORLDWIDE
BI WORLDWIDE is a company based in Minneapolis (United States) founded in 1950. It operates as a B2B, and SaaS. The company has 262 employees as of March 31, 2024. BI WORLDWIDE has completed 1 acquisition, including Bunchball. BI WORLDWIDE offers products and services including Elevate Recognition Platform, Sales Incentive Programs, and Customer Loyalty Solutions. BI WORLDWIDE operates in a competitive market with competitors including Capillary Technologies, Culture Amp, ScribbleLive, Ackroo and EasyRewardz, among others.
- Headquarter Minneapolis, United States
- Employees 262 as on 31 Mar, 2024
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Bi Worldwide India Private Limited
- Date of Incorporation 19 May, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$72.1 M (USD)23.45as on Mar 31, 2024
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Net Profit
$7.6 M (USD)14.69as on Mar 31, 2024
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EBITDA
$7.86 M (USD)17.09as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
262
as on Mar 31, 2024
- Investments & Acquisitions
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Products & Services of BI WORLDWIDE
BI WORLDWIDE offers a comprehensive portfolio of products and services, including Elevate Recognition Platform, Sales Incentive Programs, and Customer Loyalty Solutions. 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.
Platform for recognizing and rewarding employee performance.
Programs to drive sales team performance through rewards.
Strategies to build and maintain customer relationships.
Funding Insights of BI WORLDWIDE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 BI WORLDWIDE
BI WORLDWIDE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bunchball. 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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Enterprise gamification for employees, customers and partners
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2005 |
| 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 - BI WORLDWIDE
| 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 |
Bi Worldwide Comparisons
Competitors of BI WORLDWIDE
BI WORLDWIDE 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 Capillary Technologies, Culture Amp, ScribbleLive, Ackroo and EasyRewardz, 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 |
AI-powered loyalty management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Employee experience management platform
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| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
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| domain | founded_year | HQ Location |
SaaS-based gift card and loyalty programs are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based CRM, loyalty, and conversational commerce solutions are delivered.
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| domain | founded_year | HQ Location |
Employee benefits and engagement are delivered via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Bi Worldwide
Frequently Asked Questions about BI WORLDWIDE
When was BI WORLDWIDE founded?
BI WORLDWIDE was founded in 1950.
Where is BI WORLDWIDE located?
BI WORLDWIDE is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
How many employees does BI WORLDWIDE have?
As of Mar 31, 2024, the latest employee count at BI WORLDWIDE is 262.
What is the annual revenue of BI WORLDWIDE?
Annual revenue of BI WORLDWIDE is $72.1M as on Mar 31, 2024.
What does BI WORLDWIDE do?
BI WORLDWIDE offers customized services to solve business problems through employee engagement, sales motivation, and customer loyalty programs. They partner with companies to understand challenges, design strategies based on behavioral economics, and implement solutions like recognition platforms and incentive travel. Operating from global offices, they serve industries such as agriculture and technology, driving results for Fortune 500 clients.
Who are the top competitors of BI WORLDWIDE?
BI WORLDWIDE's top competitors include Capillary Technologies, Culture Amp and EasyRewardz.
What products or services does BI WORLDWIDE offer?
BI WORLDWIDE offers Elevate Recognition Platform, Sales Incentive Programs, and Customer Loyalty Solutions.
How many acquisitions has BI WORLDWIDE made?
BI WORLDWIDE has made 1 acquisition, including Bunchball.
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