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Cartera Commerce

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Loyalty solutions for financial services and airlines

Lexington, United StatesFounded 2005eCommerce & Marketplaces
Valuation $0–100M Latest valuation · 2012
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Cartera Commerce

Cartera Commerce operates as a loyalty technology and marketing services provider, specializing in card-linked and merchant-funded loyalty programs for financial institutions and airlines. The company's platform enables users of its clients' loyalty programs, such as American Airlines and Bank of America, to earn rewards, including points or miles, when they shop online, in-store, or through an app with participating retailers. This business model is centered on building a coalition of merchants, which in turn fund the rewards, making it a cost-effective solution for its large-scale clients to enhance customer engagement and loyalty without diluting their own reward systems.

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Founded in 2005 by Dave Andre and located in the Boston area, Cartera Commerce has established itself as a significant player in the loyalty program sector. In a key strategic move, the company was acquired by Ebates, which is now known as Rakuten Rewards, a major operator in the cash-back and shopping rewards industry. This acquisition integrated Cartera's specialized technology and client base into Rakuten's broader ecosystem, allowing for expanded service offerings and market reach. The company's solutions are designed to be seamlessly integrated into their clients' existing platforms, providing a white-label experience for the end-user. Keywords: loyalty programs, rewards technology, card-linked offers, merchant-funded rewards, financial services, airline loyalty, customer engagement, e-commerce rewards, affiliate marketing, loyalty solutions

Source: Dealroom company data

At a glance

Status
Operational
Founded
2005
Headquarters
Lexington, United States
Employees
112
Open positions
1
Dealroom signal
69.1/100
Sub-industry
Ecommerce Solutions
Sector
eCommerce & Marketplaces, Adtech, Shopping, Retail, Advertising, Travel, Content Management, Banking, Branding, Sound Technology, Commerce, App
Business model
Marketplace & ecommerce
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Cartera Commerce.

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Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Mar 2012 $12M $49M Dace Ventures · Flybridge Capital Partners
LATE VCEquity / VC Jan 2011 $3.6M $14M Undisclosed
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Cartera Commerce website traffic

Latest recorded traffic for Cartera Commerce is 110K monthly website visits, up 52.8% over the last three months. Cartera Commerce's team declined 0.9% over the past year.

Latest monthly visits110K 3-month web change+52.8% 1-year team growth-0.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A3 investors entered at this stage

  • IDG Ventures
  • Venture Capital Fund of New England
  • Dace Ventures

Series B and later1 investor entered at this stage

  • USAA

Other known investors1 additional known investor

  • Croft & Bender
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States98.6%
🇩🇴 Dominican Republic1.4%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cartera Commerce on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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