Tech Company Financing Transactions
Awardco Funding Round
Awardco, operating out of Provo, scored $165 million in investment from General Catalyst, private investors and Sixth Street Growth.
Transaction Overview
Company Name
Announced On
5/20/2025
Transaction Type
Venture Equity
Amount
$165,000,000
Round
Series B
Investors
Proceeds Purpose
With this new investment, the company will broaden its rewards and recognition platform with additional solutions for employee engagement and performance, leverage AI to drive deeper employee insights and automations, enhance HRIS and partner integrations, and scale its global infrastructure to power the next era of work.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
382 Park Cir. 300
Provo, UT 84604
USA
Provo, UT 84604
USA
Phone
Website
Email Address
Overview
We make it easy to make employees happy. Rewards and recognition are proven to improve morale and boost employee loyalty. That means retention goes up! The process is simple: when people are recognized and rewarded for doing a good job they are more motivated and more engaged in their work, which leads to them getting recognized more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Sonnenberg
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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