Latka logo

Valuation

$150M

2020 Revenue

$50M

Customers

290K

Funding

$52M

Avg ACV

$172

Team

501

Founded

1995

How Achievers CEO Jeff Cates grew to $50M revenue and 290K customers in 2020.

Achievers is a workforce recognition and employee engagement platform that is owned by Blackhawk Network Holdings, Inc. Blackhawk Network is a global financial technology company that provides a wide range of payment and gift card services to consumers and businesses. Achievers was acquired by Blackhawk Network in 2015 and operates as a subsidiary of the company. The Achievers platform enables businesses to recognize and reward their employees for their contributions and achievements, and it provides tools and resources to help companies improve employee engagement, productivity, and retention. The platform includes features such as social recognition, peer-to-peer recognition, employee rewards, and performance analytics.

Last updated

Achievers Revenue

In 2020, Achievers's revenue reached $50M. Since its launch in 1995, Achievers has shown consistent revenue growth.

Achievers Revenue GrowthReported revenue / ARR over time$0$13M$25M$38M$50M$63M19951997199920012003200520072009201120132015201720192020$0$50MSource: GetLatka.com
YearMilestoneQuote
2020Achievers Hit $50m revenue in August 2020
1995Launched with $0 revenue

Achievers Valuation, Funding Rounds

Achievers's most recent disclosed valuation is $150M.

Achievers has raised $52M in total funding across 5 rounds, most recently a $24.5M Series C round in 2011.

Achievers Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M1995199719992001200320052007200920111995 cumulative: $0 • 1995 Founded: $02007 cumulative: $3M • 1995 Founded: $0 • 2007 Series A: $3M2008 cumulative: $8M • 1995 Founded: $0 • 2007 Series A: $3M • 2008 Series A: $5M2009 cumulative: $13M • 1995 Founded: $0 • 2007 Series A: $3M • 2008 Series A: $5M • 2009 Series B: $5M2011 cumulative: $27M • 1995 Founded: $0 • 2007 Series A: $3M • 2008 Series A: $5M • 2009 Series B: $5M • 2011 Venture Round: $14M2011 cumulative: $52M • 1995 Founded: $0 • 2007 Series A: $3M • 2008 Series A: $5M • 2009 Series B: $5M • 2011 Venture Round: $14M • 2011 Series C: $25M$52M1995 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2011Series C$24.5M--
2011Venture Round$14M--
2009Series B$5.5M--
2008Series A$4.7M--
2007Series A$3.3M--

Founder / CEO

Jeff Cates

Jeff Cates is listed as Founder / CEO at Achievers.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Achievers serves 290K customers.

Achievers Employees & Team Size

Achievers employs approximately 501 people as of 2026, down from 595 in 2020, including 73 sales reps that carry a quota. It serves 290K customers that rely on its solutions.

Achievers Team GrowthReported headcount over time012525037550062519951997199920012003200520072009201120132015201720192021202300501501Source: GetLatka.com
YearMilestone
2023Reached 501 employees (July 2023)
2020Reached 595 employees (December 2020)
2020Reached 251 employees (August 2020)
2020Reached 542 employees (June 2020)
2019Reached 491 employees (December 2019)
2018Reached 425 employees (December 2018)

Frequently Asked Questions about Achievers

What is Achievers's revenue?

Achievers generates $50M in revenue.

Who founded Achievers?

Achievers was founded by Jeff Cates.

Who is the CEO of Achievers?

The CEO of Achievers is Jeff Cates.

How much funding does Achievers have?

Achievers raised $52M.

How many employees does Achievers have?

Achievers has 501 employees.

Where is Achievers headquarters?

Achievers is headquartered in Toronto, Canada.

Compare Achievers to the industry

Achievers operates across multiple industries. Browse revenue, funding, and growth data for Achievers in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile
Achievers Revenue 2020: $50M ARR, $150M Valuation