Awardco revenue hit $43.4M in 2024

Awardco generates revenue from customers

Awardco

2080 W 400 N, Suite #200, Lindon, Utah, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Awardco hit $43.4M revenue with a 389 person team in 2023.

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.

Founded

2015

Founded

Revenue

$43.4M

2023 Revenue

YOY

7.35%

YOY

Funding

$70M

Funding

Awardco Revenue

In 2023, Awardco revenue run rate hit $43.4M in revenue.

  • 2023

    Awardco hit $43.4M in revenue in 2023

  • 2022

    Awardco hit $40.4M in revenue in 2022

  • 2021

    Awardco hit $25M in revenue in 2021

  • 2021

    Awardco hit $25M in revenue in 2021

  • 2020

    Awardco hit $8.1M in revenue in 2020

  • 2015

    Awardco launched in 2015 with $0 revenue

Awardco Funding History

  • 2021 Series A

    Awardco raised a Series A of in November, 2021

  • 2020

    Awardco raised a of in June, 2020

FUNDING DATE ROUND AMOUNT VALUATION
November, 01 2021 Series A
June, 01 2020

Team

Awardco has 389 total employees and 128 sales reps that carry a quota. an engineering team of 49 and a marketing team of 4.

DISTRIBUTION QTY
Total team size 389
Engineer 49 (13%)
Sales 128 (33%)
Marketing 4 (1%)

Founder / CEO

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

  • What's your age?

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Customers

Churn

Awardco Executives

Name Position Working Email Personal Email
Steve Sonnenberg CEO [email protected] -

Awardco Employees

Name Position Working Email Personal Email
Steve Sonnenberg CEO [email protected] -

Awardco Board of Directors

Name Position Working Email Personal Email
Tanner Runia Board Member - -
Paul Kwan Board Member - -
Michael Sonnenberg Board Member [email protected] -
Steve Sonnenberg Board Member [email protected] -
David Decker Board Member - -

Frequently Asked Questions about Awardco

  • When was Awardco founded?

    Awardco was founded in 2015.

  • How much revenue does Awardco generate?

    Awardco generates $43.4M in revenue.

  • Who is the CEO of Awardco

    The CEO of Awardco is Steve Sonnenberg.

  • How much funding does Awardco have?

    Awardco raised $70M.

  • How many employees does Awardco have?

    Awardco has 389 employees.

  • Where is Awardco headquarters?

    Awardco is headquartered at 2080 W 400 N, Suite #200, Lindon, Utah, United States

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