Tillo secures £19.1m to scale its digital gift card and incentive network

An estimated £19.1m has been raised by Reward Cloud Limited, which trades as the global embedded rewards and incentives platform Tillo. Operating from Hove, the business manages a digital gift card network that provides cashback solutions to help other firms attract, engage, and retain their customers.

Incorporated in 2016, the company is based at 45 Church Road in the United Kingdom. Financial data for the year ending 31 December 2024 shows that the firm generated £28.2m in revenue. A profit of £3m was reported for that same year, alongside a workforce of 127 people.

This latest investment follows a much smaller funding total of £40.1k recorded during 2025. Documentation for the new shares was filed in September 2026 (with an allotment date also recorded for that month).