About Snipp
Snipp is a company founded in 2007. It operates as a SaaS (Software-as-a-Service), and Professional Services. The company has 28 employees as of April 09, 2024. Snipp has completed 2 acquisitions, including Hip Digital Media and Ziploop. Snipp offers products and services including Customer Loyalty Platform, Promotions & Sweepstakes, Digital Rebate Management, and Receipt Processing Platform. Snipp operates in a competitive market with competitors including Bazaarvoice, Cart.com, SIRCLO, Zubale and BigCommerce, among others.
- Employees 28 as on 09 Apr, 2024
- Stage Public
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Snipp Interactive Inc.
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Annual Revenue
$21.64 M (USD)-24.47as on Dec 31, 2024
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Net Profit
$-959.13 K (USD)69.84as on Dec 31, 2024
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EBITDA
$-225.22 K (USD)89.42as on Dec 31, 2024
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Latest Funding Round
$5 M (USD), Post-IPO
Apr 12, 2022
- Investors
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Employee Count
28
as on Apr 09, 2024
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Investments & Acquisitions
Hip Digital Media
& 1 more
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IPO & Listings of Snipp
Snipp is a publicly listed company on the TSXV with ticker symbol SPN in Canada, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Snipp
Snipp offers a comprehensive portfolio of products and services, including Customer Loyalty Platform, Promotions & Sweepstakes, Digital Rebate Management, and Receipt Processing Platform. 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 managing customer loyalty and engagement programs.
Tools for creating engaging promotions and sweepstakes campaigns.
System for streamlined processing of digital rebate programs.
Platform to validate purchases and collect consumer data.
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Funding Insights of Snipp
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $5.0M
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First Round
First Round
(28 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Post-IPO - Snipp | Valuation |
investors |
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| Apr, 2018 | Amount | Post-IPO - Snipp | Valuation |
investors |
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| Mar, 2018 | Amount | Post-IPO - Snipp | Valuation |
investors |
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| 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 |
Investors in Snipp
Snipp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Lark Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snipp
Snipp has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hip Digital Media and Ziploop. 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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Rewards and loyalty programs are provided via an app-based platform.
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2013 | ||||
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Digital media services are provided since 2005 in Menlo Park.
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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 - Snipp
| 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 |
Snipp Comparisons
Competitors of Snipp
Snipp 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 Bazaarvoice, Cart.com, SIRCLO, Zubale and BigCommerce, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Software suite solutions for e-commerce businesses are provided.
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| domain | founded_year | HQ Location |
Platform offering retail sales enablement and reward software
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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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 Snipp
Frequently Asked Questions about Snipp
When was Snipp founded?
Snipp was founded in 2007 and raised its 1st funding round 11 years after it was founded.
How many employees does Snipp have?
As of Apr 09, 2024, the latest employee count at Snipp is 28.
What is the annual revenue of Snipp?
Annual revenue of Snipp is $21.64M as on Dec 31, 2024.
What does Snipp do?
Snipp is operated as a provider of modular customer acquisition, retention, and engagement platforms, focusing on shopper marketing and loyalty solutions. Services are offered across various industries, including CPG, retail, and financial sectors. Comprehensive fraud management capabilities are integrated to safeguard programs. Solutions such as promotions, sweepstakes, digital rebates, and receipt processing are delivered through a unified technology platform. Consumer insights and data analytics are utilized to drive personalized engagement and ROI-driven programs. Operations are supported globally with offices in multiple regions.
Who are the top competitors of Snipp?
Snipp's top competitors include Bazaarvoice, Global-e and Cart.com.
What products or services does Snipp offer?
Snipp offers Customer Loyalty Platform, Promotions & Sweepstakes, Digital Rebate Management, and Receipt Processing Platform.
Is Snipp publicly traded?
Yes, Snipp is publicly traded on TSXV under the ticker symbol SPN.
How many acquisitions has Snipp made?
Snipp has made 2 acquisitions, including Hip Digital Media, and Ziploop.
Who are Snipp's investors?
Snipp has 1 investor. Key investors include Lark Investments.
What is Snipp's ticker symbol?
The ticker symbol of Snipp is SPN on TSXV.
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