Rokt logo

Rokt

New York, United States610 employees, since 2012

Quick Intro

Rokt.com is a global leader in ecommerce technology, specializing in optimizing and monetizing the checkout experience for businesses. It uses machine learning to deliver personalized offers and experiences, helping companies increase revenue, enhance customer engagement, and acquire new customers. Rokt enables businesses to display third-party offers, recommend tailored upsells and cross-sells, and run various engagement campaigns[1][2][3].

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Business Model

Rokt's primary revenue streams include:

  • Transactional Fees: Rokt charges fees for successful transactions facilitated through its platform[2].
  • Subscription Services: Offers recurring revenue through advanced features and personalized marketing solutions[2].
  • Advertising Revenue: Earns from targeted ads displayed during the online shopping journey[2][4].
  • Data Monetization: Generates revenue by providing anonymized and aggregated customer data insights[2].
  • Partnership and Integration Fees: Earns from collaborations with technology partners and ecommerce platforms[2].

These streams contribute to a diversified revenue model, with advertising being a significant component[4].

Financials

Revenue Streams and Growth

  • Achieved over 40% year-over-year revenue growth in 2024, reaching $600 million.
  • Recurring revenue model primarily driven by technology and advertising solutions.
  • Acquisition of Aftersell enhances cross-selling and upselling capabilities.
  • Strategic partnership with mParticle aims to unlock significant customer engagement opportunities.
  • Established as a leading player in a projected $72 billion opportunity for enhancing customer experiences through personalized offers.

Profitability Metrics

  • Valued at $3.5 billion, projected to reach $5.6 billion following recent funding rounds.
  • Consistent profitability indicators with significant investments in AI and technology infrastructure.
  • Historically recorded 40% growth annually for the last decade, suggesting solid profitability potential.
  • Anticipated investments of $100 million over the next five years in e-commerce software indicate confidence in future returns.

Strategic Initiatives

  • Launched ACE, a generative AI tool to maximize advertisers' return on ad spend.
  • Strengthened leadership team to drive innovation and responsiveness to market needs.
  • Commitment to creating 386 new jobs and expanding headquarters in New York City.
  • Enhanced focus on real-time customer engagement strategies to drive revenue growth.

Biggest Challenges

  • Maintaining rapid growth amidst increasing competition in the e-commerce technology sector.
  • Ensuring the successful integration of the Aftersell acquisition and maximizing its potential.
  • Balancing investment in new technologies with profitability in the face of rising operational costs.
  • Navigating market fluctuations ahead of the expected 2026 Wall Street float and ensuring employee retention amid potential cash-outs.

Target Customers

Target Market of ROKT: ROKT's target market includes ecommerce businesses, online retailers, ecommerce platforms, brands, and advertisers seeking to enhance customer experiences and drive sales through personalized marketing technology[1][3].

Targeted Customer: The targeted customer is typically an individual who is actively engaged in online shopping, expecting personalized experiences and relevant offers. ROKT uses data and AI to deliver these experiences across various touchpoints in the ecommerce journey[1][3].

Main Competitors

Rokt's primary competitors include Optimizely, Dynamic Yield, Emarsys, and Yotpo. These companies differentiate themselves by offering unique solutions:

  • Optimizely: Focuses on A/B testing and personalization.
  • Dynamic Yield: Offers real-time personalization across channels.
  • Emarsys: Specializes in customer engagement and retention through predictive analytics.
  • Yotpo: Leverages user-generated content for social proof and customer advocacy.

Additionally, other competitors like Affise, Knowee, and Optmyzr provide performance marketing and optimization solutions[1][2].

Office Locations

Rokt's workforce is highly global, with 56% BIPOC employees globally and 46% in the U.S. Their team speaks 15+ languages and represents 42 unique ethnicities, with 42% of employees working outside their home country[1]. Rokt has 12 office locations worldwide, including New York (headquarters), London, Tokyo, Sydney, Seattle, Calgary, Toronto, Vancouver, Mumbai, San Francisco, and South Florida[2][3].

Tech Stack

ROKT's foundational technologies include:

  • AI-Powered Algorithms: Used for personalization and predictive analytics to enhance customer experiences and optimize marketing efforts[1][2].
  • Customer Data Platform (CDP): Enables real-time data management and personalized marketing by leveraging customer data points such as past purchases and demographics[2][5].
  • Machine Learning: Utilized for intent-based predictions and outcome-driven targeting to deliver relevant offers during key transaction moments[3][4].
  • Advanced Data Analytics: Supports real-time decision-making and customer relevance optimization[4][5].
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Products and Services

Rokt offers several key products and services aimed at enhancing ecommerce experiences:

  • Rokt Brain: An AI and ML-powered relevance engine that optimizes customer engagement by delivering personalized offers.
  • Rokt Network: A multi-sided marketplace for incremental revenue and customer engagement.
  • AfterSell by Rokt: Checkout and post-purchase upsells to boost engagement and sales.
  • Rokt Pay+: Turns payment moments into revenue opportunities with relevant messages.
  • Rokt Thanks: Enhances customer lifetime value through post-purchase experiences.
  • Rokt Ads: A performance marketing channel for customer acquisition.

These solutions help solve problems such as:

  • Personalization: Offers relevant content to customers at the right time.
  • Revenue Maximization: Increases average order value and drives incremental revenue.
  • Customer Engagement: Enhances the shopping journey from cart to confirmation.
  • Data Privacy: Ensures secure and compliant data management.