Company profile

Awardco

Awardco has raised a total of $235M across multiple funding rounds, including a $165M Series B round in March 2025 led by General Catalyst and Spectrum Equity, valuing the company at $1B. Founded in 2011 and headquartered in Lindon, Utah, Awardco provides employee rewards and recognition software supporting spot recognition, automated service awards, onboarding, wellness programs, and AI-enhanced reward solutions. With a unicorn valuation and global expansion plans, the platform serves businesses aiming to improve engagement and retention, leveraging scalable technology and data-driven insights to optimize employee satisfaction.

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Quick facts

Total funding: $235M
Founded: 2011
Headquarters: Lindon, Utah, Awardco provides employee rewards and recognition software supporting spot recognition

Notable investors

General Catalyst
Spectrum Equity

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