Awardco revenue is $25 million
Awardco is worth $900 million valuation
Awardco team size is 238 employees
Awardco
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How Awardco hit $25M Revenue
Traditional recognition programs reward employees with plaques, pins, or a limited catalog of gifts.But tchotchkes aren't truly motivational to employees.Employees want rewards that are genuinely useful, rewards they deeply desire.Awardco has revolutionized employee recognition systems by providing employees with unlimited choices in their rewards.Your employees can pick from the millions of products sold on Amazon, vacations through Expedia, and tickets to concerts, Broadway plays, and sporting events.Whether your employee wants a tandem bicycle, tickets to One Direction, a new iPad mini, or a trip to Milan, they can earn it all!Nothing is more motivational than unlimited options.
2011
Founded
$25M
2022 Revenue
0.00%
YOY
$70M
Funding
Awardco Revenue
In 2022, Awardco revenue run rate hit $25M in revenue.
2021
Awardco hit $25M in revenue in 2021
2020
Awardco hit $8.1M in revenue in 2020
2011
Awardco launched in 2011 with $0 revenue
Awardco Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series A
Awardco raised a Series A of $65M at a $900M valuation in November 2021
2020
Awardco raised a of $5M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 11/01/2021 | Series A | $65M | $900M |
| 06/01/2020 | $5M |
Team
Awardco has 238 total employees and 34 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 238 |
| Engineer | 8(3%) |
| Sales | 34(14%) |
| Marketing | 4(2%) |
CEO/Founder
Steve Sonnenberg
Awardco’s founder and CEO, Steve Sonnenberg, learned a great deal watching his father’s career in employee recognition with companies like McDonald’s—but something was missing. In 2011, Steve began working on plans to use new, innovative technology to solve the pitfalls of traditional employee recognition programs: burdensome processes, exorbitant markups, and limited redemption options. Awardco was born shortly after, and Steve’s vision has resonated deeply within an industry in desperate need of change. Awardco is the fastest-growing rewards and recognition platform in the world as ranked by Inc. Magazine for the last 2 consecutive years, and more clients than ever are experiencing a better way to recognize.
Q&A
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Customers
Awardco has 0 customers.
Lifetime Months
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x
Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Awardco has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Awardco
Monthly Revenue
$2.1M
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
206.82%
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Rule of 40
207
Awardco Board of Directors
| Name | Position |
|---|
Awardco Executives
| Name | Position |
|---|---|
| Steve Sonnenberg | CEO |
Awardco Employees
| Name | Position |
|---|---|
| Steve Sonnenberg | CEO |
Frequently Asked Questions about Awardco
When was Awardco founded?
Awardco was founded in 2011.
How much revenue does Awardco generate?
Awardco generates $25M in revenue.
Who is the CEO of Awardco?
The CEO of Awardco is Steve Sonnenberg.
How much funding does Awardco have?
Awardco was raised $70M.
How many employees does Awardco have?
Awardco has raised 238 employees.
Where is Awardco headquarters?
Awardco headquater is at United States