About Nectar
Nectar is a Technology company based in London (United Kingdom) founded in 2002 by Alex Moorhead, and was acquired by Sainsbury's in February 2018. Coalition rewards-based loyalty program in the United Kingdom. The company has 236 employees. Its website nectar.com draws about 4.2 million monthly visits. Its focus areas include Enterprise Applications, Loyalty Software, Coalition Loyalty and Multi Industry. Its legal entity is NECTAR 360 LIMITED.
Company details
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.
- Headquarters London, United Kingdom
- Employees 236
- Founders Alex Moorhead
- Stage Acquired
- SectorsTechnology
- Website nectar.com
- Social X Facebook
- Acquired by Sainsbury's (Feb 2018)
- Legal Name Nectar 360 Limited
- Date of Incorporation 30 May, 2001
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$59.17 M (USD)1191as on Mar 05, 2022
- Net Profit$23.39 M (USD)163as on Mar 05, 2022
- EBITDA$26.84 M (USD)173as on Mar 05, 2022
- Investors
- Employee Count236
- Acquired bySainsbury's
(Feb 2018)
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 |
|---|---|---|---|---|
Supermarket chain providing frozen ready meals & groceries | 1869 | sainsburys.co.uk | Holborn, United Kingdom |
Investor details for Nectar
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People of Nectar
2 people are tracked at Nectar (2 in leadership); the tracked headcount is 236.
| Name | Role | Group |
|---|---|---|
Alex Moorhead | Co-Founder | Leadership |
James Moir | Managing Director | Leadership |
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Timeline of Nectar
2 dated milestones of Nectar across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Nectar is founded.
- Exit Acquired by Sainsbury's.
Web traffic of Nectar
The website of Nectar (nectar.com) receives about 4.2M visits a month.
- Monthly visits4.2M
▼ 19.7% vs previous month
Websites whose visitors overlap most with Nectar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| topcashback.co.uk | 100% | #5,864 | View details | ||
| boots.com | 78% | 31.3M | #1,419 | View details | |
tkmaxx.com | tkmaxx.com | 73% | #3,142 | – | |
kapowtoys.co.uk | kapowtoys.co.uk | 71% | #231,177 | – | |
| quidco.com | 70% | 3.2M | #17,726 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Nectar
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Related news about 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.
Nectar has 236 employees.
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 has 1 investor. Key investors include Sainsbury's.
Nectar operates through Nectar 360 Limited.
Yes. Nectar was acquired by Sainsbury's in February 2018.
The website of Nectar receives about 4.2 million visits a month.