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Cardlytics

Atlanta, GA, USA Advertising Technology Public

Cardlytics operates a commerce media platform built on financial institutions' anonymized first-party purchase data. It pioneered card-linked offers, placing cash-back advertising inside the digital banking channels of U.S. and U.K. bank partners and sharing the resulting revenue with those publishers. Marketers use its purchase-based targeting and closed-loop measurement to reach shoppers and quantify in-store and online sales impact. Founded in 2008 and headquartered in Atlanta, Georgia, the company has traded on Nasdaq as CDLX since 2018. It sold its Bridg point-of-sale identity platform to PAR Technology in March 2026 to refocus on its core financial media network.

Public Company

Cardlytics is publicly traded

This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

201–500

Total Funding

$208.6M

10 rounds

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
Restructuring Recent 2025-10-02

Cut ~30% of workforce (120 employees/contractors) in cost-savings/organizational realignment

Distress signal amid revenue decline; downside pressure on equity value

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $208.6M across 10 rounds

Last updated 09-23-2026

DateRoundAmount RaisedValuationLead Investors
May 2017 Series G $11.9M — Not disclosed
Jul 2016 Convertible Note $6M — National Electrical Benefit Fund
Apr 2016 Convertible Notes $27M — Not disclosed

Leadership

  • Amit Gupta

    Chief Executive Officer

  • David Evans

    Chief Financial Officer

  • Peter Chan

    Chief Technology Officer

  • Rory Mitchell

    Chief Business Officer, US and UK

  • Jose Singer

    Chief Product Officer

  • Nick Lynton

    Chief Legal & Privacy Officer

  • Carson Napps

    Chief People Officer

Cardlytics Investment FAQ

Cardlytics FAQ

Cardlytics has traded on the Nasdaq Global Market as CDLX since its initial public offering on 9 February 2018, which priced 5,400,000 shares at $13.00. The business has contracted sharply since Bank of America, its largest financial institution partner, gave notice of non-renewal in April 2025 and wound down its agreements through February 2026: second-quarter 2026 revenue fell 36% year over year to $36.9 million. Cardlytics cut roughly 30% of its workforce in October 2025, sold its Bridg platform to PAR Technology in March 2026, and reported positive adjusted EBITDA of $1.7 million in the second quarter of 2026.

Cardlytics shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.

Cardlytics raised $208.6M across 10 disclosed funding rounds prior to its public listing.

Cardlytics is headquartered in Atlanta, GA, USA.

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