Nift

Cambridge, United States Founded: 2014 • Age: 12 yrs
A rewards network connects small businesses for customer loyalty programs.
Annual revenue - Latest available
Total funding $19.5M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Nift

Nift is a company based in Cambridge (United States) founded in 2014. It operates as a Two-Sided Marketplace and Commission-Based. Nift has raised $19.5 million across 2 funding rounds from investors including Spark Capital, Accomplice and Foundry. Nift offers products and services including Nift Gift Cards and Partnership Solutions. Nift operates in a competitive market with competitors including Bonat, Merit Incentives, Transaction Wireless, eCard Systems and Enjovia, among others.

  • Headquarter Cambridge, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Nift Networks Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $16.5 M (USD), Series A

    Mar 30, 2018

  • Investors
  • Employee Count
    Not available
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Products & Services of Nift

Nift offers a comprehensive portfolio of products and services, including Nift Gift Cards and Partnership Solutions.

Product name locked
Category locked
Primary

Gift cards are provided to enhance customer experiences.

Product name locked
Category locked
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Solutions are offered to businesses for customer acquisition.

People of Nift

Headcount 10-50
Employee Profiles 26
Employee Profiles
People
Vikram Kumar
Chief Architect
People
Bob Macleod
VP of People
People
Kathryn Maguire
Founding Team Member & VP, Business Development
People
Ahmed al-Sayeed
E-commerce Sales

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Funding Insights of Nift

Nift has successfully raised a total of $19.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16.5 million completed in March 2018. 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.

Investors in Nift

Nift has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Spark Capital, Accomplice and Foundry.

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Venture Fund
Investor Description Founded Year Domain Location
Spark Capital is engaged in venture capital investments.
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Accomplice is engaged in venture capital investments for startups.
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Venture capital is invested in early-stage tech startups.
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Investor details for Nift

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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Investments & Acquisitions by Nift

Investments
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Investment portfolio details for Nift

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Nift

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Detailed financials for Nift

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  • Profit trends
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Nift Comparisons

Nift Primary company
Description
A rewards network connects small businesses for customer loy...
Location
Cambridge, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nift

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Nift

Nift 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 Bonat, Merit Incentives, Transaction Wireless, eCard Systems and Enjovia, among others.

Company Name Domain Founded year HQ Location Description
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App-based loyalty software is offered for rewards and point collection.
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Merit Incentives is recognized as a global provider of engagement technology.
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Digital gift cards and marketing platform
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Card-based loyalty and gift programs are integrated with POS systems.
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Gift card management software is offered for business voucher sites.
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Detailed competitors of Nift

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Latest news on Nift

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Complete news archive for Nift

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Frequently Asked Questions about Nift

Nift was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Nift is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Nift is a funded company, having raised a total of $19.5M across 2 funding rounds to date.

Nift is engaged in creating positive customer experiences by enabling businesses to thank their customers with gift cards. These cards are used to discover and try new products and services across various sectors, including restaurants, e-commerce brands, and other services. Solutions are provided to drive traffic, acquire new customers, and monetize audiences for partnered businesses.

Nift's top competitors include Merit Incentives, Bonat and eCard Systems.

Nift offers Nift Gift Cards and Partnership Solutions.

Nift has 3 investors. Key investors include Spark Capital, Accomplice, and Foundry.

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