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Valuation

$3.8M

2021 Revenue

$1.3M

Customers

500

Funding

$0

Avg ACV

$2.5K

Team

15

Founded

2012

BitRewards Revenue & Valuation (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.

BitRewards Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1.2M$1.5M201220142016201820202021$0$1.3MSource: GetLatka.com
YearMilestoneSource
2021BitRewards Hit $1.3m revenue in April 2021
2012Launched with $0 revenue

BitRewards Valuation, Funding Rounds

BitRewards's most recent disclosed valuation is $3.8M.

BitRewards Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12012Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Alexander Egorov

CEO

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

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Customers

BitRewards serves 500 customers.

BitRewards Employees & Team Size

BitRewards employs approximately 15 people as of 2026. It serves 500 customers that rely on its solutions.

BitRewards Team GrowthReported headcount over time0481216201220142016201820202021001515Source: GetLatka.com
YearMilestoneSource
2021Reached 15 employees (April 2021)

Frequently 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.

Compare BitRewards to the industry

BitRewards operates across multiple industries. Browse revenue, funding, and growth data for BitRewards in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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BitRewards Revenue 2021: $1.3M ARR, $3.8M Valuation