About Blackhawk Network
Blackhawk Network is a Retail company based in Pleasanton (United States) founded in 2001, and was acquired by Silver Lake in January 2018. Prepaid cards for employee financial benefits are provided. It operates in the Retail, Healthcare, and Travel & Hospitality sectors. Blackhawk Network has raised $249.27 thousand across 4 funding rounds from investors including P2 Capital Partners and Silver Lake. The company has 424 employees. Blackhawk Network has completed 19 acquisitions, including Achievers, CashStar and Didix. Its chief executive, as recorded, is Talbott Roche. Its website blackhawknetwork.com draws about 2.4 million monthly visits. Its Indian entity Blackhawk Network (India) Private Limited reported revenue of ₹173 Cr. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Hinge Health, Accolade and Super; 3 of its 3 listed competitors have raised funding.
Company details
Blackhawk Network was founded in 2001 and is headquartered in Pleasanton, United States. Operations focus on the financial services sector, where card-based payment solutions and third-party prepaid cards are offered. Products encompass premium retail gift cards, general-purpose gift cards, ticket and sports cards, telecommunications cards, and reloadable debit cards for prepayment. These services support employee financial benefits and broader payment needs.
- Headquarters Pleasanton, United States
- Employees 424
- Stage Acquired
- SectorsRetailHealthcare Travel & Hospitality Financial Services Technology
- Website category Finance · Banking Credit and Lending
- Phone•••• ••••
- Website blackhawknetwork.com
- Social LinkedIn X
- Acquired by Silver Lake (Jan 2018)
- Legal Name Blackhawk Network (India) Private Limited
- Date of Incorporation 13 Jan, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹173 Cr
FY 2025 · +6% YoY
- Indian entity net profit₹14.45 Cr
FY 2025 · 8% margin
- Indian entity EBITDA₹24.55 Cr
FY 2025 · 14% margin
- Total Equity Funding$249.27K (USD)
in 4 rounds
- Latest Funding Round$500M (USD), Post-IPO
Jul 2016
- InvestorsP2 Capital Partners
& 1 more
- Employee Count424
- Investments & AcquisitionsAchievers
& 18 more
- Acquired bySilver Lake
(Jan 2018)
Associated legal entities of Blackhawk Network
Blackhawk Network is associated with 2 registered companies on The Company Check; the primary company is Blackhawk Network (India) Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Blackhawk Network (India) Private Limited CIN U74999KA2017FTC210341 | Active | 13 Jan 2017 | Bangalore, Karnataka | ₹173 Cr | 424 | 3 | View details |
| Blackhawk Network (India) Private Limited CIN U74999MH2017FTC289575 | 13 Jan 2017 | Mumbai, Maharashtra, India | View details |
Funding Insights of Blackhawk Network
Blackhawk Network has successfully raised a total of $249.27K across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $500 million completed in July 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $249,272
- Total Rounds 4
- Last Round Post-IPO — $500M
- First Round $161,019
(Sep 2009)
All 4 funding rounds of Blackhawk Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $500M | Post-IPO | – | – | – |
| Oct 2014 | $525M | Debt – Conventional | – | – | – |
| May 2010 | $88,253 | Seed | – | – | – |
| Sep 2009 | $161,019 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Blackhawk Network
Blackhawk Network has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include P2 Capital Partners and Silver Lake.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investing and private equity firm focused on partnerships. | silverlake.com | |||
Strategic equity investments are offered by P2 Capital Partners. | p2capital.com | New York, United States |
Investor details for Blackhawk Network
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Board of directors of Blackhawk Network (India) Private Limited (Blackhawk Network)
Blackhawk Network (India) Private Limited is the primary company behind Blackhawk Network. The board of Blackhawk Network (India) Private Limited currently have 3 directors; the longest-serving is Ricky Glen Lopis, appointed in 2023. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ricky Glen Lopis DIN 10274239 | Director | 16 Aug 2023 | 3 yrs 2 mo | Blackhawk Network (India) Private Limited |
| Rushendra Babu Guntur DIN 00257011 | Director | 06 Sep 2023 | 3 yrs 2 mo | Blackhawk Network (India) Private Limited |
| Aravind Prasad Kanumuru DIN 02516049 | Director | 29 Sep 2023 | 3 yrs 1 mo | Blackhawk Network (India) Private Limited |
People of Blackhawk Network
484 people are tracked at Blackhawk Network (172 in leadership, 312 in team); the tracked headcount is 424.
| Name | Role | Group |
|---|---|---|
Talbott Roche | CEO & President | Leadership |
Suzanne Kinner | Group VP of HR | Leadership |
David McLaughlin | Chief Financial Officer | Leadership |
Jay Jaffin | Chief Marketing Officer | Leadership |
| Head Of Legal APAC | Leadership | |
Sander Recoert | Manager Partner Account Management | Leadership |
Beau McAdam | Sr, Director, Infrastructure Engineering | Leadership |
Dammon Stutes | Sr. Director, Sales | Leadership |
Nik Sathe | Chief Product And Technology Officer | Leadership |
West Stringfellow | Vice President Of Product Management | Leadership |
Aidan Guy | Global Strategic Partnerships Director | Leadership |
Mike Bonacci | Sr. Director Business Development | Leadership |
Jorge Araujo | Director Of Business Development | Leadership |
Jay Warner | Director, Strategic Relationships | Leadership |
Joël M. | Partner Account Manager | Leadership |
Dean Douglas | Senior Director, Business Development EMEA & APAC | Leadership |
Melina Balboni | Director Business Development | Leadership |
Ryan Koop | Director Of Business Development | Leadership |
Andréia Cavalcante | Partner Account Manager | Leadership |
Stephanie O'Brien | Vice President Legal | Leadership |
464 more people are available in the full profile.
Complete people profiles for Blackhawk Network
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Financials of Blackhawk Network
Figures of Blackhawk Network (India) Private Limited, the primary company behind Blackhawk Network, for FY 2025. Revenue was ₹173 Cr (+6% year on year). Net profit was ₹14.45 Cr (8% margin). EBITDA was ₹24.55 Cr (14% margin). Revenue has grown at a compounded annual rate of +13% over three years and +63% over five years.
- ₹173 CrRevenue · FY 2025 · +6% YoY
- ₹14.45 CrNet profit · 8% margin
- ₹24.55 CrEBITDA · 14% margin
- ₹2.25 CrPaid-up capital
- 424Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +63%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Blackhawk Network (India) Private Limited are on its company page.
Detailed financial statements for Blackhawk Network
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Investments & Acquisitions by Blackhawk Network
Blackhawk Network has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include Achievers, CashStar and Didix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital gift cards are provided for enterprise incentive programs. | tangocard.com | Seattle, United States | 2009 | Jan 2024 | •••• | |
E-gift campaigns are managed for marketing and research purposes. | rybbon.net | Mclean, United States | 2014 | Aug 2021 | •••• | |
Offers gift-card based loyalty, reward, and benefits programs. | intelligentcardsolutions.com | London, United Kingdom | 2010 | Dec 2020 | •••• | |
Retailer and white label gift card solutions provider | ngc-group.com | Crystal Lake, United States | 2004 | Nov 2020 | •••• | |
Gift card solutions and fulfillment services are offered to businesses. | svmcards.com | Arlington Heights, United States | 1997 | Apr 2020 | •••• | |
Rewards-based loyalty solutions are offered for employee incentives and promotions. | edgepri.com | Sydney, Australia | 2006 | Aug 2019 | $32.3M | |
Digital gifting and incentives are facilitated by CashStar for retailers. | cashstar.com | Portland, United States | 2007 | Aug 2017 | $175M | |
Spa, wellness, and beauty gift cards are provided globally. | spafinder.com | New York, United States | 1986 | Nov 2016 | •••• | |
Rewards fulfillment and employee recognition solutions are provided to businesses. | grassrootsgroup.com | Tring, United Kingdom | 1980 | Aug 2016 | $118M | |
White-label prepaid, gift card, and reward management solutions are offered. | extrameasures.com | San Diego, United States | 1996 | Mar 2016 | •••• |
Complete acquisition details for Blackhawk Network
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Timeline of Blackhawk Network
15 dated milestones of Blackhawk Network across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Blackhawk Network is founded.
- Funding First funding round of $161K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Extrameasures.
- Funding Latest funding round, Post-IPO, of $500.0M.
- Acquisition Acquires Grass Roots.
- Acquisition Acquires Spafinder.
- Acquisition Acquires CashStar.
- Exit Acquired by Silver Lake.
- Acquisition Acquires Edge PRI.
- Acquisition Acquires SVM Cards.
- Acquisition Acquires National Gift Card Corp.
- Acquisition Acquires Intelligent Card Solutions.
- Acquisition Acquires Rybbon.
- Acquisition Acquires Tango Card.
Competitors of Blackhawk Network
Blackhawk Network has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Super.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| super.com | 2016 | San Francisco, United States | $161.3M | Online platform for discovering and booking hotel accommodations at discounted prices |
Detailed competitors of Blackhawk Network
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Web traffic of Blackhawk Network
The website of Blackhawk Network (blackhawknetwork.com) receives about 2.4M visits a month and ranks #25,342 among all websites worldwide, #1,631 in Banking Credit and Lending.
- Monthly visits2.4M
▼ 12.9% vs previous month
- Unique visitors1.5M
per month
- Global rank#25,342
among all websites
- Category rank#1,631
Finance · Banking Credit and Lending
- Bounce rate56%
- Pages per visit2.0
- Average visit1 min 40 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Blackhawk Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
targetgiftcardcenter.com | targetgiftcardcenter.com | 100% | #134,229 | – | |
| myprepaidcenter.com | 82% | View details | |||
| americanexpress.com | 82% | 107.4M | #276 | View details | |
| bankofamerica.com | 81% | 113.9M | #258 | View details | |
| chase.com | 80% | 198.6M | #125 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Blackhawk Network
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Top companies in Stationery, Gifting & Handicrafts E-Commerce
3 companies that operate in the same segment as Blackhawk Network (Stationery, Gifting & Handicrafts E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | 355 | ||
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | 101 |
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Related news about Blackhawk Network
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Frequently Asked Questions about Blackhawk Network
Blackhawk Network was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Blackhawk Network is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.
Talbott Roche is the CEO of Blackhawk Network, as recorded in our data.
Blackhawk Network is a funded company, having raised a total of $249.27K across 4 funding rounds to date. The company's 1st funding round was a Seed of $161.02K, raised on Sep 2009.
Blackhawk Network has 424 employees.
The primary company behind Blackhawk Network, Blackhawk Network (India) Private Limited, reported revenue of ₹173 Cr for FY 2025, up 6% year on year.
Blackhawk Network was founded in 2001 and is headquartered in Pleasanton, United States. Operations focus on the financial services sector, where card-based payment solutions and third-party prepaid cards are offered. Products encompass premium retail gift cards, general-purpose gift cards, ticket and sports cards, telecommunications cards, and reloadable debit cards for prepayment. These services support employee financial benefits and broader payment needs.
Blackhawk Network's top competitors include Accolade, Hinge Health and Super.
Blackhawk Network has 2 investors. Key investors include P2 Capital Partners, and Silver Lake.
Blackhawk Network operates through Blackhawk Network (India) Private Limited.
Yes. Blackhawk Network was acquired by Silver Lake in January 2018.