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Radar · Loyalty Software in Toronto

Best Loyalty Software Companies in Toronto, Canada

The 36 best Loyalty Software companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Drop.

36companies tracked
$153Mdisclosed funding
0unicorns
10have raised

Ranked: Best Loyalty Software companies in Toronto

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Drop
Provider of a rewards management application
$71M84 mo agoSeries BDarren Fung
Co-Founder & CTO
2012WordPressMySQLPHP+13—
2Influitive
Advocate marketing software solutions provider
$60M91 mo agoSeries C—2010WordPressMySQLPHP+33—
3FlipGive
Online platform allow users to raise funds through charitable e-commerce
$6M36 mo agoSeries ANicholas Lee
Co-founder
2008SentryNode.jsApple Sign-in+23—
4PostBeyond
Employee advocacy platform for businesses
$5M119 mo agoAcquired—2013WordPressMySQLPHP+38—
5Exchange Solutions
Provider of an AI-powered platform for loyalty programs and personalized offers
$4M65 mo agoFunding Raised—1996WordPressMySQLMariaDB+31—
6Award Pool
Platform offering software to engage fans
$2M57 mo agoSeed—2020——
7MoPals
Mobile app-based coalition loyalty program
$2M163 mo agoDeadpooledAlex Haditaghi
CEO and Founder
2012——
8Points
Rewards sourcing network
$2M66 mo agoAcquired—2000SalesforceAmazon Web Servicesstyled-components+14—
9Qriket
Cashback mobile app for viewing ads
$500K183 mo agoDeadpooledIlya Spekhov
Co-Founder
2009——
10Virtual Next
Developer of digital wallet software for loyalty and payment programs
$200K157 mo agoSeed—2010——

Top 10 Loyalty Software companies in Toronto

#1
Series A · Toronto, Ontario · founded 2008 · 31 employees
$5.9Mraised
▾

Online platform allow users to raise funds through charitable e-commerce. The app offers cashback rewards for shopping, which can be used to pay for team expenses and balance the budget. It also allows teams to accept fee payments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 6.2% of this cohort's audience
Activity: 1 partnerships (incl. RaiseRight) announced in 12 mo
Funding rounds
  • Aug 2023Series A$3.7M
  • Jul 2019Series A$3.8M
  • Sep 2012Series A$2M
Founders & team
Nicholas LeeCo-founder
Investors
iGan Partners, MaRS IAF, Framework Venture Partners, BDC, FJ Labs, Huff Capital
Tech stack
Apple Sign-InCdnjsCloudflareCloudflare Bot ManagementCore-JsDocusaurus
#2
Series B · Toronto, Ontario · founded 2012 · 98 employees
$71.3Mraised
▾

Drop provides a rewards management application. It allows users to shop at various brands, automatically get rewards and redeem them at the partner stores. It enables users to manage rewards on ordering food, traveling, and shopping. It enables users to shop and earn points. The application is available on the Apple App Store and Google Play Store.

Funding rounds
  • Aug 2019Series B$44M
  • Jan 2018Series A$21M
  • Oct 2017Seed$5.5M
  • Jul 2016Seed$776.5K
Founders & team
Darren FungCo-Founder & CTOCameron DearsleyCo-Founder
Investors
Sierra Ventures, ff Venture Capital, SVB, White Star Capital, Portage Ventures, New Enterprise Associates
#3
Series C · Toronto, Ontario · founded 2010 · 130 employees
$59.9Mraised
▾

Influitive provides advocate marketing software solutions for B2B software and technology firms. Its portfolio includes AdvocateHub, an advocate marketing software solution that enables to build advocate communities where they can engage with their customers, partners, and employees. The company’s AdvocateHub software helps B2B companies capture customer enthusiasm, and use it to turbocharge marketing and sales efforts, and allows marketers to build advocate communities and invite customers, partners, and employees into it to complete challenge’, such as referrals, reference calls, product reviews, and more. The company also provides consulting services that include coaching and hands-on training for companies that start to implement their advocate marketing strategies,

Funding rounds
  • Feb 2019Conventional Debt—
  • Feb 2019Series C$10M
  • Mar 2016Series B$8.2M
  • Jul 2015Series B$30.5M
Investors
Comerica, Atlas Venture, OurCrowd, Ntt Docomo Ventures, HWVP, Illuminate Ventures
Tech stack
AceAmazon S3Amazon Web ServicesAtlassian StatuspageAxiosBabel
#4
Seed · Toronto, Ontario · founded 2020 · 11 employees
$2.3Mraised
▾

Platform offering software to engage fans. The platform helps members to manage, boost and gamify the customer experience and rewards fans with NFTs. It helps members to create unique engagement challenges on the website and social channels to engage customers, fans, and followers.

Funding rounds
  • Dec 2021Seed$25K
  • Jun 2021Seed$2.3M
Investors
FunFair, Equivesto, Flori Ventures, BlocTech Investment Group
#5
Funding Raised · Toronto, Ontario · founded 1996 · 197 employees
$4.2Mraised
▾

Provider of an AI-powered platform for loyalty programs and personalized offers. The platform offers tools for managing programs, building promotions, and engaging customers. It provides features such as audience recommendations, real-time insights, and integration with existing marketing systems. The platform aims to help businesses create personalized experiences and increase customer engagement.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 29k LinkedIn followers — 77.6% of this cohort's audience
Funding rounds
  • Apr 2021Unattributed—
  • May 2008Venture Debt$4.2M
Investors
Clipper Ship Ventures, MMV Financial, Valhalla Partners, North Hill Ventures, Ascent Venture Partners, Partners For Growth
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAstroCloudflareCloudflare Bot Management
#6
Acquired · Toronto, Ontario · founded 2000 · 400 employees
$1.7Mraised
▾

The Points loyalty wallet allows customers to track, trade, redeem and exchange loyalty points of partnered programs. The Points Loyalty Commerce Network is a partnership of 50 different loyalty programs. Customers of these programs have greater choice with respect to earning and burning rewards through this platform. Partnered retailers can let customers earn these generic points thereby improving engagement and loyalty.

Funding rounds
  • Mar 2021Post IPO—
  • May 2014Post IPO$1.7M
Investors
Ledger Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#7
Acquired · Toronto, Ontario · founded 2013 · 32 employees
$4.8Mraised
▾

PostBeyond offers an employee advocacy platform for businesses. Allows businesses to make advocates out of their employees by providing them access to shareable brand content. Achieves this by curating and classifying content from social media, providing employees easy access to this content, and tracking shared content metrics and effectiveness. It offers a platform for marketing, sales, HR, and channel partner. Integrates with third-party systems like Salesforce, Bitly, Wordpress, etc, through APIs. Clients include TIBCO, PGA, and Ceridian, among others.

Funding rounds
  • Oct 2016Series A$750K
  • Jul 2016Series A$4M
  • Jul 2014Seed—
Investors
JOLT, Export Development Canada, Information Venture Partners, Plaza Ventures, MaRS IAF, OneEleven
Tech stack
6SenseAmazon Web ServicesAosBootstrapCloudflareCloudflare Bot Management
#8
Deadpooled · Toronto, Ontario · founded 2012 · 1 employees
$2.2Mraised
▾

Mopals offers a mobile app-based coalition loyalty program. Users need to download the app from Google Play/App Store, sign-up with MoPals, discover partner merchants, and shop with them. Users will accrue MoCoins, the loyalty program currency while shopping with the partner retailers. They'll also get rewarded for engaging with a brand(for eg., check-ins at a partner store). Those MoCoins can then later be redeemed for rewards. As on June 2017, the app is rated 3.6, and has 1,000 downloads from the Google Play Store.

Funding rounds
  • Feb 2013Seed$2.2M
Founders & team
Alex HaditaghiCEO and Founder
#9
Deadpooled · Toronto, Ontario · founded 2009
$500Kraised
▾

Qriket is mobile app, which rewards users for view ads. The user gets a wand. He can use it to spin for cash. It has gamified the reward between users by creating a leaderboard. It a user accepts a coupon from a brand, then the advertiser pays a fee from between 25 cents and $2 to Qriket. The company shares part of this to customers in a form of cashback.

Funding rounds
  • 2011Seed$500K
Founders & team
Ilya SpekhovCo-FounderJonny ComparelliFounder & CEO
#10
Seed · Toronto, Ontario · founded 2010 · 5 employees
$200Kraised
▾

Developer of digital wallet software for loyalty and payment programs. This technology integrates with mobile digital wallets to facilitate loyalty tracking, coupon redemption, and payment processing. The system allows businesses to manage customer rewards and promotional activities through existing mobile wallet infrastructure without requiring the installation of standalone mobile applications. It provides tools for tracking customer purchase behavior and frequency to support data-driven promotional strategies.

Funding rounds
  • Aug 2013Seed$200K
Tech stack
WordpressMysqlPhpZurb FoundationYoutubeContact Form 7

Funding & investor landscape

$153Mtotal disclosed funding
10companies funded
21disclosed rounds
0rounds last 90 days
Most active investors
500 Global2 rounds
BDC2 rounds
Export Development Canada2 rounds
Hedgewood2 rounds
Information Venture Partners2 rounds
Kensington Capital Partners2 rounds
MaRS Discovery District2 rounds
MaRS IAF2 rounds
New Enterprise Associates2 rounds
OneEleven2 rounds

Notable founders

Nicholas Lee
Co-founder · FlipGive
Darren Fung
Co-Founder & CTO · Drop
Cameron Dearsley
Co-Founder · Drop
Alex Haditaghi
CEO and Founder · MoPals
Ilya Spekhov
Co-Founder · Qriket
Jonny Comparelli
Founder & CEO · Qriket
Prism market signals · Canada · country-scoped Prism corpus, 8,339,862 docs

Market landscape — 10 sub-themes by coverage

Share of Loyalty Software coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Loyalty Software companies are there in Toronto, Canada?
Radar tracks 36 indexable Loyalty Software companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Loyalty Software companies in Toronto, Canada?
The Loyalty Software companies in Toronto, Canada on this list have raised a combined $153M in disclosed equity funding across 10 funded companies.
Which is the highest-funded Loyalty Software company in Toronto, Canada?
Drop is the highest-funded Loyalty Software company in Toronto, Canada, with $71.3M in disclosed equity funding.
How many Loyalty Software companies in Toronto, Canada are funded?
10 of the 36 Loyalty Software companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Loyalty Software unicorns are there in Toronto, Canada?
None of the Loyalty Software companies in Toronto, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Toronto, Canada Loyalty Software companies?
The most active investors in Toronto, Canada Loyalty Software companies on this list include 500 Global, BDC, Export Development Canada, Hedgewood, Information Venture Partners.
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