About Tillo
Tillo is a company based in Austin (United States) founded in 2015.. Tillo has raised $1.12 million across 2 funding rounds from investors including Passion Capital. Tillo has completed 1 acquisition, including Tillo. Tillo offers products and services including Gift Card API, Buyer Hub, Brand Hub, StoreFront, and Digital Gift Cards. Tillo operates in a competitive market with competitors including Tango Card, QwikCilver, Espresa, Ackroo and InComm, among others.
- Headquarter Austin, United States
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Sectors
TechnologyRetail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Reward Cloud Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.12 M (USD)
in 2 rounds
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Latest Funding Round
$620.5 K (USD), Seed
Mar 31, 2020
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Tillo
Tillo offers a comprehensive portfolio of products and services, including Gift Card API, Buyer Hub, Brand Hub, StoreFront, and Digital Gift Cards. 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.
Enables access to 3000+ brands for gift card issuance and redemption
Platform to track performance and manage brand partnerships
Tool for launching and growing gift card programs
Low-code platform to sell gift cards online
Offers multi-brand digital cards for consumer incentives
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Funding Insights of Tillo
Tillo has successfully raised a total of $1.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $620.5 thousand completed in March 2020. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $620,500
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First Round
First Round
(20 Sep 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - Tillo | Valuation |
investors |
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| Sep, 2016 | Amount | Seed - Tillo | Valuation | Passion Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tillo
Tillo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Passion Capital. 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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Tech focused Early stage VC Firm investing in Europe and the UK
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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 Tillo
Tillo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tillo. 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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Gift card programs for businesses are launched, managed, and expanded.
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2013 |
| 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 - Tillo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tillo Comparisons
Competitors of Tillo
Tillo 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 Tango Card, QwikCilver, Espresa, Ackroo and InComm, 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 |
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| domain | founded_year | HQ Location |
Digital gift cards are provided for enterprise incentive programs.
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| domain | founded_year | HQ Location |
Gift card and store value solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Cloud-based platform for employee perks and wellbeing challenges is provided.
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| domain | founded_year | HQ Location |
SaaS-based gift card and loyalty programs are provided for businesses.
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| domain | founded_year | HQ Location |
Prepaid products and payment services are provided globally.
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| domain | founded_year | HQ Location |
Employee perks and well-being are managed via cloud-based software.
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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 Tillo
Frequently Asked Questions about Tillo
When was Tillo founded?
Tillo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tillo located?
Tillo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Tillo a funded company?
Tillo is a funded company, having raised a total of $1.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 20, 2016.
What does Tillo do?
Employee rewarding platform. The platform provides employers access with various brands to provide rewards and incentives to the employees and customers. The product is offered on a subscription-based pricing plan.
Who are the top competitors of Tillo?
Tillo's top competitors include Tango Card, QwikCilver and Perkbox.
What products or services does Tillo offer?
Tillo offers Gift Card API, Buyer Hub, Brand Hub, StoreFront, and Digital Gift Cards.
How many acquisitions has Tillo made?
Tillo has made 1 acquisition, including Tillo.
Who are Tillo's investors?
Tillo has 1 investor. Key investors include Passion Capital.
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