Snipp
Snipp Interactive is a Vancouver-based AI-powered SaaS platform providing loyalty, promotions, sweepstakes, digital rebates, receipt validation, and anti-fraud solutions to enterprise CPG, retail, food and beverage, and consumer brands globally.
- Company typePublic
- Founded2007
- HeadquartersToronto, Canada
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Snipp does
Snipp Interactive Inc. is a Vancouver-based, publicly traded (TSX-V: SPN) Platform-as-a-Service company operating in the loyalty, promotions, and receipt-processing sector. Its core offering is SnippCARE, a modular SaaS platform that combines consumer and B2B loyalty programs, sweepstakes and contest administration, digital coupons, digital rebate management, rewards fulfillment, and a 65-million-consumer financial media network. The platform's differentiator is retailer- and device-agnostic purchase validation via AI-powered receipt OCR, paired with CORRAL, a proprietary anti-fraud system that detects manipulated images, synthetic receipts, and organized fraud rings. Certifications include ISO 27001 and SOC 2 Type 2.
The company sells primarily through a direct enterprise sales motion into CPG, retail, food and beverage, healthcare, and consumer goods verticals, with a named customer base spanning Nestlé, Kellogg's (Kellanova), Kraft Heinz, Starbucks, Abbott, Mondelez, Hershey, 3M, LEGO, Keurig Dr Pepper, Microsoft Xbox, Reckitt, Chevron, and others. Revenue is generated through platform subscriptions and licensing, campaign and program fees (transaction-based), and professional services. FY2025 revenue was $22.0 million (USD), with Q4 2025 revenue down 25% YoY and EBITDA of approximately -$0.8 million, while Q4 2025 gross margin reached 65%.
Snipp is mid-pivot from a promotions-services posture toward an AI-powered SaaS positioning, evidenced by a March 2026 brand identity overhaul, a Gartner 2026 Representative Vendor designation, and a record $20.6 million Q1 2026 backlog. Recent capital actions include a C$4.5 million senior secured convertible debenture (February 2026) led by Shen Capital Partners with a board appointment, and a US$3 million largest-ever contract from a household-name pet care client (March 2026). The company has offices in Vancouver, Carlsbad, and Dublin, with presence in Europe and India, and maintains a commercial relationship with Bally's Corporation following a 2022 $5 million investment.
Snipp firmographics
Firmographics- Name
- Snipp
- Legal name
- Snipp Interactive Inc.
- Website
- http://www.snipp.com
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Snipp Interactive is a Vancouver-based AI-powered SaaS platform providing loyalty, promotions, sweepstakes, digital rebates, receipt validation, and anti-fraud solutions to enterprise CPG, retail, food and beverage, and consumer brands globally.
- Ownership category
- akta.pro rank
Snipp industry classification
Industry- Product category
- Loyalty Marketing Technology / Shopper Promotion Software
- NAICS
- Software Publishers (513210), Marketing Research and Public Opinion Polling (541910)
- SIC
- Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Price Comparison, Deals, Cashback & Loyalty Shopping Platforms (BPAMAGAH)
Keywords
Where Snipp is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Snipp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Licensing and SaaS Subscriptions: Snipp operates as a Platform-as-a-Service company in the loyalty and promotions sector, generating revenue through licensing its AI-powered platform capabilities to enterprise brands for loyalty program management, promotional marketing, receipt-based purchase validation, rebate processing, and rewards fulfillment.
- Campaign and Program Fees: Revenue generated from executing promotions, sweepstakes, loyalty programs, and rebate campaigns for clients. FY2025 total revenue was $22.0 million, reflecting softer campaign activity and macroeconomic uncertainty.
- Professional Services: Implementation and operational support services for enterprise loyalty and promotion programs, including data insights and customer intelligence services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise SaaS Platform - Custom Pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Snipp product offering
Product offeringCore offering
Snipp sells the SnippCARE AI-powered Platform-as-a-Service for CPG, retail, and food-and-beverage brands, providing AI-driven receipt processing and purchase validation, loyalty programs, sweepstakes/contests, digital coupons, B2B channel loyalty, digital rebates, customer rewards, the CORRAL anti-fraud AI engine, and a Financial Media Network reaching 65M+ consumers. The platform delivers SKU-level attribution and first-party shopper data without requiring retailer POS integration, secured by ISO 27001 and SOC 2 Type 2 certifications.
Product overview
Snipp is an AI-powered Platform-as-a-Service company offering the SnippCARE (Customer Acquisition Retention and Engagement) modular platform for loyalty, promotions, rebates, and purchase validation. The portfolio includes: Receipt Processing (AI-powered OCR validation), Consumer Promotions & Contest Management, Sweepstakes Administration, Digital Coupons, Customer Loyalty Platform (consumer), B2B Channel Loyalty Platform, Digital Rebate Management, Customer Rewards Platform (3,000+ rewards), Financial Media Network (65M+ reach), CORRAL Anti-Fraud AI, and Customer Data & Analytics. The platform unifies technology, data, and shopper insights to deliver verified SKU-level attribution and measurable growth across every channel.
Differentiator
Problem solved
Functional benefit
Brands
- SnippCARE: Customer Acquisition Retention and Engagement Platform - proprietary modular platform through which clients offer, operate and run various customer acquisition, retention and engagement programs, including promotions, loyalty programs, sweepstakes and contests
Products and services
- Receipt Processing Platform AI-powered OCR and image-forensics platform that validates receipts, invoices and purchase orders in real time across any retailer or device. Retailer- and device-agnostic, captures SKU-level first-party data without POS integration, and supports validation of non-purchase actions (images, surveys, social). Sold to enterprise CPG, retail and B2B brands.
- Consumer Promotions & Contest Management Suite of shopper promotion capabilities including gift with purchase, instant win and gamification programs tied to verified purchase outcomes for sales lift and conversion. Designed for CPG, retail and consumer brand marketers running shopper engagement campaigns.
- Sweepstakes Administration End-to-end sweepstakes management covering rules compliance, winner selection and fulfillment for promotional campaigns. Used by enterprise consumer brands for compliant, legally sound sweepstakes tied to verified purchase or engagement.
- Digital Coupon Management Software Platform to create, distribute, track and measure SKU-level digital offers from a single interface, with flexible redemption rules and complete performance visibility by user and channel. Targets CPG, retail and consumer brand marketers running digital coupon programs.
- Customer Loyalty Platform End-to-end consumer loyalty management platform with implementation flexibility, customer data management, third-party integrations and data-driven insights for measurable retention and growth. Sold to enterprise brands across CPG, food and beverage, retail and consumer goods.
- B2B Channel Loyalty Platform Trade loyalty and channel incentive management platform for distributors and contractors, validating purchase claims via invoice and purchase order processing. Targets manufacturers with B2B channel networks (building materials, industrial, dental, automotive).
- Digital Rebate Management Modular, flexible digital rebate system with SKU-level validation, configurable thresholds, tiers and cross-brand offers for both consumer rebate and channel/B2B incentive programs. Replaces legacy mail-in rebates with multi-channel digital submission and automated fulfillment.
- Customer Rewards Platform Turnkey rewards platform offering 3,000+ reward options including prepaid cards, PayPal/Venmo, gift cards and digital coupons, with flexible payout options and budget controls tied to verified consumer behavior. Used by enterprise brands to fulfill loyalty and promotional rewards.
- Financial Media Network Bank-integrated audience network reaching 65M+ consumers, enabling brands and retailers to deliver targeted, SKU-level offers and promotions on everyday spend items. Operates as a retail-media-style distribution channel for Snipp's enterprise clients.
- CORRAL Anti-Fraud AI Advanced AI-powered fraud detection and prevention system using machine learning, real-time monitoring, behavioral analysis, device fingerprinting and image forensics to detect duplicates, altered receipts and organized fraud rings across channels. Sold to enterprise brands running receipt-based promotions and rebates.
- Customer Data & Analytics First-party shopper data and insights platform capturing consented buyer-level profiles from purchase and engagement data, used for targeting, segmentation, predictive analytics and campaign optimization across the SnippCARE suite.
Quantifiable outcome
- Record $20.6 million backlog for Q1 2026, up from $18.26 million
- +4 more outcomes
Companies that use Snipp
Customer profileNamed customers34 records
Segments5 records
Ideal customer profiles3 records
Snipp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Snipp partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Bally's CorporationsignificantCommercial agreements and strategic partnership including private placement investment of $5 million. Bally's has an active role through its investment and commercial dealings with Snipp, supporting expansion efforts in the loyalty and promotions sector.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Snipp competitors and assessment
Company assessmentDirect peers
- Catalina Marketing: Long-standing shopper marketing and loyalty platform serving CPG brands with digital coupons, promotions, and in-store targeting. Closely comparable to Snipp in target customer (CPG brands), channel (retail media networks), and use case (verified purchase-driven offers).
- Neptune Retail Solutions (formerly Quotient Technology): Digital promotions, coupons, and loyalty platform acquired from Quotient Technology. Competes directly with Snipp on digital coupon distribution, CPG brand relationships, and retailer-mediated promotional offers.
- Inmar: Operates digital promotions, rebates, and loyalty programs for brands and retailers. Highly comparable to Snipp on rebate processing, sweepstakes administration, and brand-funded trade promotion services.
- Blackhawk Network: Gift card, rewards, and incentives platform powering branded payment products for enterprise loyalty and incentive programs. Comparable to Snipp on the customer rewards / payout fulfillment layer of loyalty programs.
- Kobie Marketing: Enterprise loyalty strategy and technology provider for global brands. Directly comparable to Snipp on loyalty program design, platform delivery, and managed services for enterprise CPG and retail clients.
- Augeo: Loyalty, engagement, and incentive platform serving enterprise brands with customer and channel programs. Closely comparable to SnippCARE in modular loyalty platform capabilities and B2B channel loyalty use cases.
- News America Marketing (News Corp): Operates in-store and digital promotional media for CPG and retail brands, including coupons, sampling, and FSI. Comparable to Snipp on the retailer-facing promotional infrastructure and CPG trade promotion services.
- Maritz (Maritz Motivation Solutions): Provides loyalty, incentive, and rewards solutions for enterprises and channel partners. Comparable to Snipp on B2B channel loyalty, rebate and incentive program management, and rewards fulfillment.
Broad incumbents
- Circana (formerly IRI and NPD): Large-scale consumer and retail measurement, analytics, and shopper insights provider. Overlaps with Snipp on SKU-level purchase data analytics and CPG brand decision-support, though Circana is a much broader, data-centric incumbent.
Emerging players
- Flipp: Digital circulars and promotions platform serving retailers and CPG brands with shopper-facing digital offers. Comparable to Snipp on digital coupon and promotional campaign execution, though primarily retail-side rather than receipt-validation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Snipp social profiles
Digital presenceSnipp compliance and trust
Trust signalCompliance2 records
Snipp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Snipp leadership team
Management profileNumber of profiles
Profiles6 records
Snipp funding detail
Funding detailFunding overview
Funding rounds8 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Snipp M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Snipp
What does Snipp do?
Snipp sells the SnippCARE AI-powered Platform-as-a-Service for CPG, retail, and food-and-beverage brands, providing AI-driven receipt processing and purchase validation, loyalty programs, sweepstakes/contests, digital coupons, B2B channel loyalty, digital rebates, customer rewards, the CORRAL anti-fraud AI engine, and a Financial Media Network reaching 65M+ consumers. The platform delivers SKU-level attribution and first-party shopper data without requiring retailer POS integration, secured by ISO 27001 and SOC 2 Type 2 certifications.
Is Snipp a public or private company?
Snipp is a public company. It is classified as public and is currently operating.
When was Snipp founded?
Snipp was founded in 2007. It employs 101 to 250 people.
Where is Snipp based?
Snipp is headquartered in Toronto, Canada, in the North America region.
How does Snipp make money?
Three revenue lines are on record. Platform Licensing and SaaS Subscriptions are the primary driver. The others are campaign and Program Fees and professional Services.
Who are Snipp's main competitors?
Direct peers on record are Catalina Marketing, Neptune Retail Solutions (formerly Quotient Technology), Inmar, Blackhawk Network, Kobie Marketing, Augeo, News America Marketing (News Corp) and Maritz (Maritz Motivation Solutions). Circana (formerly IRI and NPD) is listed as a broad incumbent. Flipp is listed as an emerging player.
Does Snipp have an API?
No public API is recorded for Snipp.
What industry is Snipp in?
Snipp's product category is Loyalty Marketing Technology / Shopper Promotion Software. Its primary akta.pro industry code is BPAMAGAH, Price Comparison, Deals, Cashback & Loyalty Shopping Platforms. Its NAICS code is 513210 and its SIC code is 7374.