Bonusly

Bonusly

Employee recognition and rewards platform

About

Bonusly specializes in employee recognition and rewards, focusing on enhancing workplace culture and boosting employee engagement. The platform enables employees to acknowledge each other's contributions through a peer-to-peer recognition system, which can be exchanged for various rewards. This service caters to a wide range of clients, from small businesses to large enterprises, across different industries. Unlike many competitors, Bonusly not only offers a rewards system but also provides analytics and insights that help managers and HR leaders make informed decisions to improve employee morale, retention, and productivity. The company's goal is to create a positive work environment that fosters engagement and satisfaction among employees.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$30.5M

Headquarters

Boulder, Colorado

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • Bonusly's Series B funding of $18.9M supports platform enhancement and analytics capabilities.
  • The rise of hybrid work models increases demand for Bonusly's flexible recognition system.
  • Growing emphasis on mental health boosts relevance of Bonusly's employee happiness solutions.

What critics are saying

  • Increased competition from new entrants like WorkAngel and Fringe may dilute market share.
  • Reliance on third-party integrations poses risks if platforms change policies or face issues.
  • Rapid growth and funding pressure may lead to operational challenges affecting service quality.

What makes Bonusly unique

  • Bonusly offers a peer-to-peer recognition system enhancing workplace culture and engagement.
  • The platform provides actionable data through powerful people analytics tools for strategic decisions.
  • Bonusly integrates with popular tools like Microsoft Teams and Zapier for seamless recognition sharing.

Help us improve and share your feedback! Did you find this helpful?


Growth & Insights
Headcount

6 month growth

↑ 2%

1 year growth

↑ 3%

2 year growth

↓ -3%

Benefits

Stock Options

Company Equity

Recently Posted Jobs

Sign up to get curated job recommendations

Bonusly is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

πŸ’‘
We update Bonusly's jobs every 8 hours, so check again soon! Browse all jobs β†’