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Tillo
Rewards, incentives, and gifting management platform
- 21-100 employees
- Retail
- B2B
- Enterprise
- HR
- API
- Consumer Goods
- eCommerce
- Hove, Brighton and Hove, UK
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Company mission
To empower businesses by helping them to drive sustainable, profitable growth.
12% employee growth in 12 months
Our take
Gift card partnerships make for a good deal: retailers gain extra revenue and exposure; businesses can access an additional way to motivate, retain, and attract top talent; and recipients themselves benefit from discounts at top brands. So B2B gift card management company Tillo is in a sector ripe for business.
It is, however, a competitive market. Tillo faces competition from a crowded field: Alyce, Blackhawk, and WeGift are a few of the top rivals offering similar gift card services. Playing in Tillo’s favour is its extensive network: it brings together over 2K brands across 34 countries worldwide and caters to major enterprises like Nike, H&M, and Uber. In 2021 alone the company processed over $1B in sales.
This gives Tillo, already a well-established player, a strong headstart. With the global gift card market expected to double in size to become a multi-trillion dollar industry, and the UK subsector dominated by B2B gift cards, Tillo has laid a strong foundation to stay on top.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Annual bonus scheme
- Designated Shares Options for all employees
- Quarterly staff engagement surveys - to listen and act on the employee voice
- Regular employee wellbeing activities, including company lunches and away days where we do everything from helping local charities to traditional team building activities
- Retail discounts
- Raising money for a charity outside of work? We’ll match your donation with our charitable matching contribution
Company values
- Remarkable Passion: We go over and beyond. We are here to help our customers have the best possible experience, we carry out tasks with conviction and passion
- Drive for Results: As an athlete trains for a marathon, we do the same. It’s OK to fail, but learn from it and feedback is crucial
- Collaboration is Key: We discuss and solve challenges together. Being human is key so we remember to be kind
- Be Intentional: We are thoughtful and deliberate. Everything we do we do for a reason
- Surprise and Delight: We’re in the business of delivering rewards so we deliver delight to our customers with everything we do
Funding (1 round)
Mar 2020
$0.7m
SEED
Total funding: $0.7m
This company has top investors
Leadership
Alex Preece
(CEO)Originally a reconnaissance trooper with the British Army, they then worked in business development at MoneyExpert.com. Also co-founded online boutique Allaura, and Local Daily Deals (swiftly acquired by MoneySupermarket.com). Then spent some time as UK MD of Seamless Distribution.
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