Work Here?
Overview
temp
About Awardco
Industries
Enterprise Software
Company Size
501-1,000
Company Stage
Series B
Total Funding
$235M
Headquarters
Lindon, Utah
Founded
2015
Simplify's Take
What believers are saying
- $165M Series B funding from Sixth Street Growth hits $1B valuation.
- London office expansion supports six million users across 163 countries.
- Sworkit Health partnership integrates wellness rewards to boost engagement.
What critics are saying
- Workday's Huddle Rewards acquisition erodes enterprise standalone appeal.
- Amazon partners with Guusto, splitting Awardco's exclusive rewards value.
- EU AI Act fines halt External Recognition's EMEA expansion immediately.
What makes Awardco unique
- Amazon Business partnership delivers largest reward network with zero markups.
- External Recognition enables third-party acknowledgments for customer-facing teams.
- AI-powered monitoring ensures compliant real-time recognition approvals.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$235M
Above
Industry Average
Funded Over
3 Rounds
General CatalystIndustry standards
Benefits
Unlimited Paid Time Off
401(k) Company Match
Gym Membership
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↑ 0%2 year growth
↑ 1%Awardco, a Utah-based employee recognition platform, achieved a valuation over $1 billion after raising $165 million in a Series B funding round. The platform, used by companies like AT&T and Crumbl Cookies, allows employees to earn points with a one-to-one dollar value for recognition, which can be redeemed for products and experiences. Awardco plans to enhance its platform with AI-driven insights and expand its global infrastructure.
Awardco, a leading employee-rewards platform, has raised $165 million in a Series B funding round led by Sixth Street Growth and Spectrum Equity.
Awardco has raised $165 million in a Series B funding round, surpassing a $1 billion valuation. The investment, led by Sixth Street Growth and Spectrum Equity, will enhance Awardco's employee rewards and recognition platform, expand its global infrastructure, and integrate AI for deeper insights. The company, with over six million users in 163 countries, aims to transform workplace culture and engagement. Awardco's new London office is driving growth in the EMEA market.
/PRNewswire/ -- Awardco announced today a $165 million Series B round of funding with a valuation that eclipses $1 billion, further solidifying its leadership...
AdvantageClub competes with platforms like Vantage Circle, Bonusly, Awardco, Workhuman, Reward Gateway, and Achievers.
Awardco is Hiring for 10 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Awardco
Industries
Enterprise Software
Company Size
501-1,000
Company Stage
Series B
Total Funding
$235M
Headquarters
Lindon, Utah
Founded
2015
Awardco is Hiring for 10 Jobs on Simplify!
Find jobs on Simplify and start your career today