Series A  ·  Active Fundraise  ·  Q3 2026

Enterprise Loyalty
Infrastructure,
Built to Audit Grade

A cloud-native, API-first loyalty engine for enterprise commerce operators. Immutable ledger integrity, a governed DSL rules engine, real-time GraphQL reporting, and native CDC data warehouse sync — none of which the incumbents offer in one place.

$12B+
Loyalty SaaS TAM by 2028
12–15%
Market CAGR
27–61%
Below Salesforce list pricing
500+
Concurrent tenants supported

Compatible with the enterprise commerce stack

Salesforce Commerce Cloud Salesforce OMS Shopify commercetools Magento 2 SAP Commerce Snowflake Google BigQuery Azure Synapse Amazon Redshift Entra ID Okta Auth0 Salesforce Commerce Cloud Salesforce OMS Shopify commercetools Magento 2 SAP Commerce Snowflake Google BigQuery Azure Synapse Amazon Redshift Entra ID Okta Auth0

The Platform

One system.
Six layers of enterprise capability.

Design, run, and govern loyalty programmes at scale — without owning the infrastructure or tolerating the limitations of legacy platforms.

🔐

Immutable Ledger Engine

Append-only LedgerEntry model with atomic LedgerTransaction grouping. Balance derived from snapshot, not a mutable field. PENDING / COMMITTED / FAILED state machine. Financial-grade integrity that survives any audit.

⚙️

Governed DSL Rules Engine

Human-readable DSL powered by an ANTLR4 grammar with a sandboxed evaluator (DynamicExpresso / Wasmtime). 50ms hard evaluation timeout, static complexity budget, dry-run simulation, and deterministic A/B traffic splitting — all self-service.

📊

GraphQL Reporting Layer

Full GraphQL API with DataLoader (eliminating N+1 patterns), cursor pagination, real-time WebSocket subscriptions, persisted queries, and dataAsOf staleness metadata. Every competitor in the market is REST-only.

🔄

Native CDC Warehouse Sync

Near-real-time Change Data Capture feeds to Snowflake, BigQuery, Azure Synapse/Fabric, and Redshift. DPA-gated, PII exclusion lists, application-level envelope encryption, and ≤5 minute latency. No third-party tooling required.

🛡️

GDPR Architecture by Design

Per-customer AES-256 DEK/KEK envelope encryption. Cryptographic erasure for GDPR right-to-erasure. PII-free event bus enforced by schema registry CI gates. Payload scrubbing on a configurable schedule. Compliance as engineering discipline, not checkbox.

Event-Driven Infrastructure

CloudEvents v1.0, Transactional Outbox guaranteeing at-least-once delivery, HMAC-signed webhook delivery with SSRF protection, dead-letter queues with tiered alerting, and an event schema registry with CI-enforced PII gates.

Technical Differentiation

Seven structural advantages
incumbents cannot replicate quickly.

These are architectural commitments, not marketing claims. Each one represents a genuine engineering investment that creates switching costs and defensibility.

01

Financial-Grade Ledger Integrity

No competitor publicly documents an immutable, append-only ledger with atomic transaction grouping and snapshot-based balance queries. The platform cannot silently lose or double-count points. Competitors operate on mutable balance fields or undisclosed architectures.

Append-Only Atomic Transactions PENDING / COMMITTED / FAILED
02

Purpose-Built DSL with Sandbox & Complexity Governance

No competitor exposes a version-controlled DSL with a static complexity budget, a sandboxed evaluator, a 50ms hard wall, dry-run simulation, and A/B traffic splitting with deterministic assignment. The closest thing to writing code, without writing code.

ANTLR4 Grammar Wasmtime Sandbox A/B Splitting
03

GraphQL Reporting with Real-Time Subscriptions

Every competitor in the comparison set provides REST-only reporting. This platform offers a full GraphQL API with DataLoader, cursor pagination, WebSocket subscriptions, persisted queries, and staleness metadata on every response.

GraphQL + Subscriptions DataLoader (no N+1) dataAsOf metadata
04

Native CDC Data Warehouse Sync

No competitor offers native CDC directly into all four major cloud warehouses. Talon.One relies on third-party tools such as Hightouch. Others offer scheduled exports. This eliminates a major integration burden for enterprise data teams.

Snowflake BigQuery Synapse / Fabric Redshift
05

GDPR Architecture That Survives Scrutiny

Per-customer DEK/KEK envelope encryption, cryptographic erasure, PII-free event bus enforced by CI gates, and payload scrubbing. Open Loyalty comes closest but does not document the DEK/KEK model or PII-free event schema enforcement.

DEK/KEK Envelope Cryptographic Erasure CI-enforced PII Gates
06

Salesforce-First Integration

Certified SFCC cartridge and pre-built OMS field mapping templates address the dominant enterprise commerce stack in UK and European retail. Talon.One and Antavo list Salesforce without SFCC-specific depth. Yotpo is Shopify-native.

Certified SFCC Cartridge OMS Field Mapping OAuth 2.0 Token Caching
07

Enterprise-Grade Event Infrastructure

CloudEvents v1.0, event schema registry with CI-enforced PII gates, Transactional Outbox for at-least-once delivery, dead-letter queues with tiered alerting, and HMAC-signed webhook delivery with SSRF protection. Competitors offer webhooks. This is messaging infrastructure.

CloudEvents v1.0 Transactional Outbox HMAC-signed + SSRF protection
08

Multi-Tenancy at Enterprise Scale

500+ concurrent tenants on a shared-schema model with TenantId discriminator and EF Core global query filters. Dedicated single-tenant clusters available at the Enterprise tier. Tenant provisioning in under 60 seconds — automated, not a support ticket.

500+ Tenants 60-second Provisioning Dedicated Clusters (Enterprise)

Technical Architecture

Cloud-native from the ground up.
Azure-primary. Kubernetes-native.

Built on ASP.NET Core 8, Kubernetes (AKS), Dapr, and Azure Service Bus — with GraphQL (Hot Chocolate), ANTLR4 DSL, and an Elasticsearch read store. Every layer is replaceable. None of it is bespoke lock-in.

Inbound Channels
REST Order Ingestion API
OpenAPI 3.1 · 500 batch
Management API
Tenant config & admin
GraphQL Reporting API
Hot Chocolate · Subscriptions
Admin Portal
Angular 17+ / ASP.NET Zero
API Gateway & Identity
Azure API Management
Rate limiting · JWT validation
OpenIddict
OAuth 2.0 · OIDC · mTLS
Azure Key Vault
DEK/KEK · HMAC secrets
Core Services (Kubernetes / AKS · Linkerd mTLS · Dapr)
Order Ingestion Service
DSL Rules Engine
ANTLR4 · DynamicExpresso · Wasmtime
Ledger Service
Append-only · LedgerTransaction
Webhook Delivery
HMAC-signed · SSRF protected
CDC Sync Service
Debezium · ≤5 min latency
Messaging
Azure Service Bus
Transactional Outbox · DLQ
Azure Schema Registry
CloudEvents v1.0 · PII CI gate
Apache Kafka
Enterprise tier · Direct streaming
KEDA
Event-driven autoscaling
Data Layer
Azure SQL / SQL Server
Primary store · TDE · Online DDL
Elasticsearch 8+
Reporting read store
Redis Cluster
DSL IR cache · Idempotency keys
Azure Blob Storage
Export files · Parquet / JSONL

Data Warehouse Targets
Snowflake
Google BigQuery
Azure Synapse / Fabric
Amazon Redshift

Competitive Landscape

Strongest technical infrastructure.
Most defensible position.

Rated against five enterprise loyalty incumbents across the capabilities that matter most to sophisticated buyers. Ratings reflect publicly documented capabilities as of Q2 2026.

Capability LoyaltyOS Talon.One Antavo Open Loyalty Annex Cloud Yotpo Loyalty
Immutable Ledger / Audit Integrity Append-only · atomic grouping ⚠️ Not guaranteed ⚠️ Not disclosed ⚠️ Partial ⚠️ Not documented Consumer-grade assumed
Governed DSL Rules Engine ANTLR4 · sandbox · A/B · dry-run ⚠️ Visual If/Then builder ⚠️ Drag-and-drop Workflow API-driven mechanics ⚠️ Config-based ⚠️ 20+ presets only
GraphQL Reporting API Full GraphQL + subscriptions REST-only REST-only REST-only REST-only REST-only
Native CDC Warehouse Sync Snowflake, BQ, Synapse, Redshift ⚠️ Via Hightouch (3rd party) ⚠️ Not native Not documented ⚠️ Scheduled reports only Not available
GDPR / PII Architecture DEK/KEK · cryptographic erasure · CI gates ⚠️ Compliant; detail undisclosed ⚠️ Compliant; undisclosed Anonymisation + right-to-forget ⚠️ Compliant; undisclosed ⚠️ ISO certified; limited detail
Certified SFCC Integration Certified cartridge + OMS templates ⚠️ Listed; depth unspecified ⚠️ Listed; depth unspecified ⚠️ Via generic API only ⚠️ Depth unclear Shopify-primary
DSL Simulation & A/B Testing Dry-run · deterministic HMAC split ⚠️ Campaign testing; no DSL simulation ⚠️ Planner only; no A/B ⚠️ No simulation endpoint Not documented Not documented
Points-to-Credit Auto-Conversion Atomic · DSL-defined · complete-unit ⚠️ Less granular ⚠️ Via Workflows; atomicity unclear ⚠️ Not native ⚠️ Cashback; limited atomicity Points-only; no credit ledger
Enterprise Event Infrastructure CloudEvents · Outbox · HMAC · SSRF ⚠️ Webhooks; streaming undocumented ⚠️ Triggers; no full event bus ⚠️ Webhooks; CloudEvents non-compliant ⚠️ Event triggers; no streaming ⚠️ Basic webhooks only

Market Opportunity

A large, fast-growing market
with structurally underserved buyers.

Enterprise buyers have outgrown point-and-click loyalty builders. They need API-first, composable infrastructure that integrates cleanly into existing stacks — and no single incumbent delivers it all.

$12B+
Global loyalty management market by 2028
Growing at 12–15% CAGR
27–61%
Below Salesforce Loyalty Management pricing
$66K–$330K/yr vs. $240K–$540K/yr
$420K+
Minimum Enterprise ACV (USD)
Up to $1.2M+ for large-scale operators
99.95%
Platform SLA on Scale and Enterprise tiers
Multi-region active/passive DR
<60s
Tenant provisioning time — automated
Not a support ticket
5,000
Requests per second burst throughput
Across all services; KEDA-scaled

Pricing

Usage-based. Transparent.
Priced well below Salesforce.

Consumption-based tiers anchored on Monthly Active Members, order events, and ledger size — the dimensions that reflect actual infrastructure cost and programme scale.

Starter
$5,500 / month
$66,000 billed annually · up to 50K MAM

  • 500K order events / month
  • 100M ledger entries · 24-month retention
  • 5 DSL rule sets · dry-run simulation
  • Standard GraphQL reporting · 12-month lookback
  • 3 webhook endpoints · HMAC-signed
  • 99.9% SLA · email support
  • Pre-built adapters (Shopify, Magento, SFCC add-on)
Request a Demo
Scale
$27,500 / month
$330,000 billed annually · up to 1M MAM

  • 15M order events / month
  • 5B ledger entries · 84-month retention
  • Unlimited DSL rule sets · Wasm sandbox
  • Premier analytics · 4 warehouse connectors
  • All 6 CDC feed subjects · Backfill API
  • Persisted GraphQL queries · 750-unit budget
  • 99.95% SLA · Dedicated CSM · 1-hr P1 response
Request a Demo
Enterprise
By Contract
From $420K ACV · Unlimited MAM

  • Dedicated single-tenant infrastructure
  • Active/active multi-region (no SPOF)
  • Custom ledger retention (up to 10 years)
  • Bespoke CDC schemas + warehouse mapping
  • SOC 2 Type II (Q4 2026 · contractually committed)
  • Named CSM + Slack + phone · 30-min P1
  • Dedicated implementation team
Speak With Us

EU pricing available from €4,900/month on Starter. All tiers include EU data residency from Growth onwards. Multi-year discounts up to 18% available.

Get In Touch

Speak with
the founding team.

Whether you are an investor, a prospective enterprise customer, or a strategic partner, we are happy to provide a full technical briefing, architecture deep-dive, or commercial overview — at whatever level of detail is useful.

💼
Investor Briefings — Series A deck, financial model, market sizing, and competitive analysis available under NDA. Currently engaging qualified lead investors.
🔧
Technical Deep Dives — Architecture review, DSL demonstration, GraphQL API walkthrough, and a live sandbox environment. Available for enterprise prospects.
🤝
Partnership Enquiries — System integrators, commerce platform partners, and resellers welcome. White-label and OEM licensing available at the Enterprise tier.
📍
Confidentiality — All enquiries handled with discretion. This portal is for qualified parties only. Information shared under implied NDA.
Thank you — your enquiry has been received. We will be in touch within one business day. (Not really — this is a demo form. Though the sentiment stands.)

All submissions are reviewed by a founding team member. Responses within one business day for qualified enquiries.