About Virtual Next
Virtual Next is a Technology company based in Toronto (Canada) founded in 2010. It operates as a branded digital card provider. It operates in the Technology, Retail, and Financial Services sectors. Virtual Next has raised $200 thousand across 1 funding round. Virtual Next offers products and services including Digital Loyalty Card, Mobile Payment Solution, and Coupon and Gift Card System. Its focus areas include Enterprise Applications, MarketingTech, Marketing Management and Brand Management. Its competitors include Ackroo, Review Rank, Tillo, Giftbit and Buyatab and 2 more; 3 of its 7 listed competitors have raised funding.
Company details
Virtual Next was founded in 2010 in Toronto, Canada, within the digital payments sector. Branded card solutions are offered to restaurant chains and retailers for managing loyalty and gift programs. These cards are stored directly in Apple and Android wallets, bypassing the need for additional apps. Support for various loyalty features and an analysis dashboard are included. Cloud-based operations ensure no software integration is required from merchants.
- Headquarters Toronto, Canada
- SectorsTechnologyRetail Financial Services
- Email••••••••
- Website virtualnext.com
- Social LinkedIn X Facebook
- Total Equity Funding$200K (USD)
in 1 rounds
- Latest Funding Round$200K (USD), Seed
Aug 2013
Products & Services of Virtual Next
Virtual Next offers a comprehensive portfolio of products and services, including Digital Loyalty Card, Mobile Payment Solution, and Coupon and Gift Card System.
Enables branded cards for customer loyalty and rewards programs.
Facilitates secure payments via digital wallets without apps.
Manages coupons and gift cards for retail customer engagement.
Funding Insights of Virtual Next
Virtual Next has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in August 2013. 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 $200,000
- Total Rounds 1
- Last Round Seed — $200,000
- First Round $200,000
(Aug 2013)
All 1 funding rounds of Virtual Next with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2013 | $200,000 | Seed | – | – | – |
Timeline of Virtual Next
2 dated milestones of Virtual Next across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Virtual Next is founded.
- Funding First funding round of $200K.
Competitors of Virtual Next
Virtual Next has 7 listed competitors in our database, 3 of them funded. They include Ackroo, Review Rank, Tillo, Giftbit and Buyatab, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ackroo.com | 2012 | Ottawa, Canada | – | – | SaaS-based gift card and loyalty programs are provided for businesses. | |
| reviewpro.com | 2008 | Barcelona, Spain | $6.42M | – | Online reputation for hotels is managed through analysis and aggregation. | |
| tillo.io | 2015 | Austin, United States | $1.12M | 86 | Employee rewarding platform | |
| giftbit.com | 2011 | Victoria, Canada | $3.25M | – | Third-party gift card services are offered to businesses without fees. | |
| buyatab.com | 2008 | Vancouver, Canada | – | 54 | Customizable digital gift cards are provided for brands and merchants. | |
| shoployal.ie | 2014 | Kildare, Ireland | – | – | Visit-based loyalty and rewards app for iOS and Android users | |
| reputize.com | 2013 | London, United Kingdom | – | 1 | Provider of reputation management solutions for hotels |
Detailed competitors of Virtual Next
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Loyalty & Engagement Platforms
10 companies that operate in the same segment as Virtual Next (Loyalty & Engagement Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 942 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
AI-powered loyalty management software is offered for enterprises. | 2008 | Bengaluru, Karnataka, India | USD 239.1 M | USD 78.34 M | 571 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Card-linked marketing solutions are provided to banks and financial institutions. | 2008 | Atlanta, Georgia, United States | USD 178 M | USD 233.27 M | 454 | |
Cloud-based marketing platform for e-tailers | 2011 | New York, New York, United States | USD 436 M | – | 756 | |
Cloud-based loyalty solutions for restaurants and stores are provided. | 2001 | Newton, Massachusetts, United States | USD 75 M | – | 234 | |
Promotion management and cashback solutions are provided to retailers. | 2016 | Washington, District Of Columbia, United States | USD 250 M | – | 428 | |
Digital gift cards are provided for enterprise incentive programs. | 2009 | Seattle, Washington, United States | USD 57.01 M | – | 267 | |
Online platform to create, run and manage promotional campaigns | 2015 | Berlin, Berlin, Germany | USD 138.4 M | – | 58 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Virtual Next
Virtual Next was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Virtual Next is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Virtual Next is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on Aug 2013.
Virtual Next was founded in 2010 in Toronto, Canada, within the digital payments sector. Branded card solutions are offered to restaurant chains and retailers for managing loyalty and gift programs. These cards are stored directly in Apple and Android wallets, bypassing the need for additional apps. Support for various loyalty features and an analysis dashboard are included. Cloud-based operations ensure no software integration is required from merchants.
Virtual Next's top competitors include Ackroo, Tillo and Review Rank.
Virtual Next offers Digital Loyalty Card, Mobile Payment Solution, and Coupon and Gift Card System.