Antavo Announces 3x Revenue Growth in 2021
February 17, 2022
Closing the year 2021, Antavo reveals a 3x YoY run-rate revenue growth rate globally. The loyalty technology company is dedicated to reinforcing its role as an innovating force in the loyalty management market.
2021 proved to be another transformative year for businesses all around the world. Seeking to redefine their customer acquisition and retention strategies, organizations across industries looked for new digital solutions, such as loyalty programs, to help them engage shoppers in a new customer reality.
Amidst the surge of business opportunities, Antavo achieved a 3x YoY run-rate revenue growth rate globally in 2021. Attila Kecsmar, CEO & Co-founder of Antavo, shared his perspective regarding this impressive growth.
“We have closed an incredible year. Businesses have realized that in order to stay competitive, they have to focus on strengthening relationships with their customers. And this is only possible by investing in new and innovative technologies. This market sentiment has contributed to our growth, and the sophisticated and flexible nature of our technology has propelled us ahead of our competitors.
Naturally, we are committed to maintaining this upward trajectory by continuously improving our internal processes. The market is primed to present more growth opportunities in customer retention in the short- and medium-terms as the demand for experience-driven, non-transactional customer relations continues growing.”
Throughout 2021, Antavo expanded its portfolio of global, enterprise-grade clients with global logos in QSR, travel, technology, fuel retail and pharmaceuticals. Moreover, the company has entered into a variety of strategic partnerships with industry-leading agencies and platforms, including Acxiom, MullenLowe Profero, Astound Commerce and the Emakina Group, which has since been acquired by EPAM Technologies.
“There’s a strong tendency in the market: businesses are turning away from custom solutions developed by agencies or in-house” commented Attila Kecsmar, CEO & Co-founder of Antavo. “Instead, they are turning their attention to specialized technology providers that offer easy-to-manage platforms. And this trend is true in other markets as well—not just in loyalty programs.”
Besides providing a next-gen technology to clients, Antavo committed to quarterly product releases since 2018, with events streaming in every quarter since last year.
Antavo published its annual Global Customer Loyalty Report 2022 in December, featuring insight about adoption rates and satisfaction with loyalty programs, performance statistics during Covid-19, as well as upcoming industry trends. This year’s report was based on 320+ corporate survey respondents from all regions of the world, data from over 25 million member actions tracked via Antavo’s Loyalty Management system, additional insights from PwC, and interviews with respected industry professionals, and serves to bolster decision-making for the C-level marketing community.
What is Antavo?
Antavo is the AI loyalty and incentives platform that brings together loyalty, promotions, and agentic AI to turn customers into regulars: the customers who come back on their own, buy more often, and bring others with them. For more than a decade, Antavo has powered identity-led loyalty strategies for brands including SKIMS, Paul Smith, KFC, Flying Tiger, and Hyatt’s Inclusive Collection. Marketers build, change, and launch programs and promotions themselves, without waiting on engineering. Learn more at antavo.com.
Media Contacts
Antavo
Eva Bacsi, Marketing Director
Frequently asked questions about Antavo
What can brands build with Antavo?
Brands use Antavo to run the whole loyalty and incentives program on one platform: points, tiers, challenges, streaks, referrals, clubs, and rewards beyond discounts; promotions and incentives for members and non-members alike, from bonus points and promo codes to bundles and cart-level offers; and agentic AI built in. Everything runs online, in store, on mobile, and in wallet, and marketers launch it themselves.
Who uses Antavo?
Antavo works with mid-market and upper-mid-market brands across fashion, retail, beauty, travel, hospitality, restaurants, and sports in North America and Europe: multi-market, omnichannel brands with a strong identity and customers worth keeping, including Paul Smith, KFC, SKIMS, Rip Curl, Benefit Cosmetics, and Hyatt's Inclusive Collection.
How long has Antavo been around?
Antavo was founded in 2012 and has been building loyalty programs for more than a decade, with teams across Europe and North America serving brands worldwide.
Why do brands switch to Antavo?
Most loyalty programs get stuck: reduced to a discount engine, generic to customers, or too rigid to evolve. Antavo removes those compromises. Brands get a program that feels unmistakably their own, loyalty and incentives on one platform, and the depth to handle tiers, expirations, refunds, and many markets at scale. Their own marketers run it: a tier change in an afternoon, live when they press the button.
How does Antavo use AI?
Antavo's agentic AI is built in, not bolted on. Two named agents do the work: the AI Loyalty Expert, which turns your ideas into a build-ready program, and the AI Analyst, which turns your data into clear answers and reports. Both work inside Antavo or connect to Claude and ChatGPT, and every answer is grounded in your own program and data.
What does Antavo integrate with?
Antavo is API-first with real-time webhooks and deep pre-built integrations, from Shopify, Klaviyo, Braze, and Bloomreach to the CRMs, CDPs, ESPs, and POS systems you already use. Antavo plugs into the stack you already run rather than replacing it.
