About Nectar
Nectar is a company based in London (United Kingdom) founded in 2002 by Alex Moorhead was acquired by Sainsbury's in February 2018. The company has 236 employees as of March 31, 2022. Nectar operates in a competitive market with competitors including Bilt Rewards, Fetch, Maximiles, FlyBuys and Beenz, among others.
- Headquarter London, United Kingdom
- Employees 236 as on 31 Mar, 2022
- Founders Alex Moorhead
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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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- Legal Name Nectar 360 Limited
- Date of Incorporation 30 May, 2001
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$59.17 M (USD)1191as on Mar 05, 2022
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Net Profit
$23.39 M (USD)163as on Mar 05, 2022
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EBITDA
$26.84 M (USD)173as on Mar 05, 2022
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Latest Funding Round
Not available
- Investors
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Employee Count
236
as on Mar 31, 2022
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Acquired by
Sainsbury's
(Feb 01, 2018)
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Funding Insights of Nectar
Detailed funding history for Nectar
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Investors in Nectar
Nectar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sainsbury's.
| Investor | Description | Founded Year | Domain | Location |
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Supermarket chain providing frozen ready meals & groceries
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Investor details for Nectar
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Investments & Acquisitions by Nectar
Investment portfolio details for Nectar
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Financial Statements - Nectar
Detailed financials for Nectar
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Nectar Comparisons
Peer comparison for Nectar
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Competitors of Nectar
Nectar 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 Bilt Rewards, Fetch, Maximiles, FlyBuys and Beenz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Reward-based rental management is facilitated via SaaS for residential properties.
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Fetch is operated as a rewards app for earning gift cards.
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Maximiles is operated as a platform for earning rewards through surveys.
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Manages a card-based coalition loyalty program in Australia.
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A coalition loyalty program designed for online businesses to enhance customer retention.
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Detailed competitors of Nectar
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Latest news on Nectar
Complete news archive for Nectar
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Frequently Asked Questions about Nectar
Nectar was founded in 2002.
Nectar is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
As of Mar 31, 2022, the latest employee count at Nectar is 236.
Annual revenue of Nectar is $59.17M as on Mar 05, 2022.
Nectar was founded in 2002 as a coalition rewards-based loyalty program managed by AIMIA in London, United Kingdom. Operations center on a network exceeding 400 partner businesses where points are collected through app-based purchases and redeemed for discounts across the system. Customer accounts are monitored for inactivity, with points expiring after one year. Data access is provided to partners for targeted promotional communications in the retail sector.
Nectar's top competitors include Bilt Rewards, Fetch and Maximiles.
Nectar has 1 investor. Key investors include Sainsbury's.