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Awardco Raises $65 Million In Series A Funding To Accelerate The Rewards And Recognition Revolution

Oct 28, 2021•almost 4 years ago

Amount Raised

$65 Million

LindonHuman Resources

Description

Awardco, the employee rewards and recognition company that builds culture through value-driven recognition, announced today that it raised $65 million in Series A funding to pioneer a new future for rewards, recognition, and compensation. This is the largest Series A funding in HR SaaS history and boosts Awardco's valuation to more than $900 million. The funding was led by General Catalyst and Ryan Smith, Qualtrics co-founder and Utah Jazz majority owner.

Company Information

Company

Awardco

Location

Lindon, Utah, United States

About

Awardco builds culture, incentivizes behavior, and powers modern engagement through employee recognition and rewards. Trusted by 3,000+ organizations, including Fortune 500 leaders, Awardco offers the world's largest reward network—no hidden fees, no inflated markups. With the flexibility to create recognition, incentive, milestone, and behavior-driven programs, Awardco drives engagement, improves retention, and delivers significant cost efficiencies.

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