BitRewards
Valuation
$3.8M
2021 Revenue
$1.3M
Customers
500
Funding
$0
Avg ACV
$2.5K
Team
15
Founded
2012
How BitRewards CEO Alexander Egorov grew BitRewards to $1.3M revenue and 500 customers in 2021.
GIFTD is a data-driven platform of rewards and loyalty solutions for online retailers. Problems and solutions Retailers' problem: Retailers are lacking simple and powerful tools to issue their digital gift cards and coupons and distribute them across their online channels. Solution: Giftd enables retailers to sell or distribute for free their gift cards on their web site, social networks, and partner sites, achieving higher sales, and incentivizing positive actions of their customers with free gift cards. Clients' problem: People need easy gifting solution on websites of retailers. They want their gifts to be delivered instantly and remotely. They also want to be appreciated for their loyalty, but to avoid hassle of signing up for loyalty programs. Solution: GIFTD is a quick and clear way to send gift cards of retailers across different channels. Clients can be motivated by GIFTD through immediate flexible "gifts"-discounts, which are simple to use, and do not necessarily require a .
Last updated
BitRewards Revenue
In 2021, BitRewards's revenue reached $1.3M. Since its launch in 2012, BitRewards has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | BitRewards Hit $1.3m revenue in April 2021 |
| 2012 | Launched with $0 revenue |
BitRewards Valuation, Funding Rounds
BitRewards's most recent disclosed valuation is $3.8M.
BitRewards is a bootstrapped Sales Engagement Software startup. Founded in 2012, BitRewards has grown to $1.3M in revenue without raising any venture capital or outside funding.
As a self-funded Sales Engagement Software SaaS company, BitRewards has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
BitRewards Employees & Team Size
BitRewards employs approximately 15 people as of 2026.
BitRewards has 15 total employees in different roles and functions. They have 500 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 15 employees (April 2021) |
Founder / CEO
Alexander Egorov
Alexander Egorov is the CEO at Bit Rewards. Before, the features provided by default in BitRewards were affordable only to the big companies with internal IT departments, that spent millions on R&D. Today you don't need to develop outside of your core focus area! Integrate the best fitting solutions and innovate by trying and measuring the effects from the new solutions.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how BitRewards acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about BitRewards
What is BitRewards's revenue?
BitRewards generates $1.3M in revenue.
Who founded BitRewards?
BitRewards was founded by Alexander Egorov.
Who is the CEO of BitRewards?
The CEO of BitRewards is Alexander Egorov.
How much funding does BitRewards have?
BitRewards raised $0.
How many employees does BitRewards have?
BitRewards has 15 employees.
Where is BitRewards headquarters?
BitRewards is headquartered in Nigeria.
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Compare BitRewards to the industry
BitRewards operates across multiple industries. Browse revenue, funding, and growth data for BitRewards in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .