BitRewards
Nigeria
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 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 | Quote |
|---|---|---|
| 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2021 | Reached 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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