The Loyalty Programs industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.
Many of these successes have turned into unicorns — private companies worth over $1 billion.
If you want to build the next unicorn in the Loyalty Programs space, these 3 companies should be your inspiration.
3 Loyalty Programs Unicorns Companies
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Fetch Rewards is an ecommerce loyalty platform designed to reward shoppers for their purchases.
Details of the startup:
- Valuation: $2.50B (March 2021)
- Country: United States
- State: Wisconsin
- City: Madison
- Started in: 2014
- Founders: Daniel Litvak, Tyler Kennedy, Wes Schroll
- Number of employees: 500-1,000
- Funding: $341.51M
- Funding rounds: 8
- Number of investors: 10
You can find their website here.
2) Bilt Rewards
Bilt Rewards is a rewards programme that allows renters to earn points on their rent and pave the way to homeownership.
Details of the startup:
- Valuation: $1.50B (October 2022)
- Country: United States
- State: New York
- City: New York
- Started in: 2021
- Founders: Ankur Jain
- Number of employees: 101-250
- Funding: $213.30M
- Funding rounds: 4
- Number of investors: 17
You can find their website here.
3) LifeMiles
LifeMiles is the new frequent flyer program from Avianca and TACA. It’s the one frequent flyer loyalty program that replaces multiple programs, so you can earn and redeem miles across the network.
Details of the startup:
- Valuation: $1.15B (July 2015)
- Country: Colombia
- City: Bogota
- Started in: 2011
- Founders: Matt Vincett
- Number of employees: 250-500
- Funding: $343.70M
- Funding rounds: 1
- Number of investors: 1
You can find their website here.