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Top 11 Employee Recognition Software Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 11 employee recognition software companies with $5M–$10M in annual revenue. They have combined revenues of $79.7M and employ 849 people. They have raised $500K and serve 1M customers combined.

Every company below sells employee recognition software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Employee Recognition Software Companies do

Employee recognition software is a category of tools designed to help organizations acknowledge and reward their employees for their contributions and achievements. These platforms facilitate the creation and implementation of recognition programs, encouraging a culture of appreciation within the workplace. The primary use cases include motivating employees, improving engagement levels, and reinforcing company values through consistent recognition practices. Typical features of employee recognition software include real-time feedback mechanisms, milestone celebrations, peer-to-peer recognition capabilities, and analytics to measure the impact of recognition initiatives. These tools are commonly utilized by HR professionals, team managers, and organizational leaders who seek to enhance employee morale and create a positive work environment. By streamlining the recognition process, these platforms help organizations to build stronger relationships among employees and foster a sense of belonging.

Companies
11
Revenue
$79.7M
Funding
$500K
Employees
849

Filters

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Top Employee Recognition Software Companies With $5M–$10M Revenue

Showing 10 of 11 companies ranked by annual revenue.

1BHN Rewards logo
BHN Rewards

McLean, Virginia, United States

Everyone loves a present! BHN Rewards (formerly Rybbon) is a digital rewards management platform that helps businesses grow using powerful rewards programs. 3,000+ companies like Lyft, Twitch, and RedHat use BHN Rewards to survey response rates, research participation, customer and prospect engagement, employee engagement, and sales. Businesses love how BHN Rewards makes rewarding customers, research participants, and employees easy, delightful, and impactful. BHN Rewards provides one-stop access to 300+ global e-gift cards, donations, and Visa/Mastercard rewards. It is the integrated rewards partner for top marketing, survey, and employee engagement platforms, including Marketo, HubSpot, SurveyMonkey, Qualtrics, and Microsoft Teams.

Revenue
$9.8M
Year founded
2015
Team size
89
2Kudos logo
Kudos

Calgary, Alberta, Canada

Kudos Inc. is a software company that offers employee recognition and engagement solutions to businesses. Their platform allows employees to give and receive recognition for their contributions and achievements, fostering a positive and motivated workplace culture.

Revenue
$8.8M
Year founded
2010
Team size
90
3Motivosity logo
Motivosity

Lehi, Utah, United States

Motivosity is the people-first Recognition and Rewards software that unifies your company and engages your employees through gratitude and social connection. Our mission is to make people happier at work! We do that by building an engaging experience for teams through community and connection, while encouraging frequent recognition & rewards, and providing actionable employee insights. Help us help you! And check us out here: https://www.motivosity.com/demo/

Revenue
$8.7M
Year founded
2013
Team size
79
4Tremendous logo
Tremendous

New York, New York, United States

Helping businesses reward and incentivize anyone in the world, easily and instantly, with gift cards

Revenue
$7.9M
Customers
1M
Year founded
2011
Funding
$500K
Team size
116
5Bucketlist Rewards and Recognition logo
Bucketlist Rewards and Recognition

Vancouver, British Columbia, Canada

Bucketlist is a game-changing employee rewards & recognition platform that transforms organizations. We’ll help you retain talent and inspire employees to bring their best every day; eliminate the busywork that comes with running a recognition program in-house; and gain a partner to help you avoid common mistakes so you launch and scale a successful rewards & recognition strategy. Employees love our fun shoutouts, personalized rewards, and once-in-a-lifetime experiences. HR leaders love our automations and industry-leading service. CFOs love the ROI. Most importantly, we’re not just a rewards and recognition platform – we’re true partners in building your program. In fact, we’re rated #1 on G2 as the best platform to do business with. We share expert advice and best-practices to make sure you succeed. Bucketlist helps companies: - Celebrate great work and boost employee engagement with meaningful peer and manager recognition - Engage their teams with a huge selection of personalized rewards, once-in-a-lifetime experiences, gift cards, branded swag and more - Deploy an easy-to-use integrated platform that meets employees where they already work. We’re rated the #1 easiest to use platform on G2. - Effortlessly celebrate each employee’s special milestones with automated recognition and rewards By partnering with us, you'll create a vibrant culture of recognition to engage your team and unlock the potential of your workforce. Because recognition inspires results.

Revenue
$7.7M
Year founded
2015
Team size
70
6Online Rewards logo
Online Rewards

Richardson, Texas, United States

Online Rewards is a technology and marketing services agency that builds private label incentive and loyalty programs for corporate and government clients in the United States and globally. Since its formation in 2002, Online Rewards has designed, developed and supported customized employee incentive and loyalty marketing programs across a variety of industries and applications covering Human Resources, Business-to-Business and Business-to-Consumer programs.

Revenue
$7.5M
Year founded
2002
Team size
68
7Guusto logo
Guusto

Vancouver, British Columbia, Canada

We help HR leaders build recognition programs that impact frontline retention. #1 Highest Rated on G2 and Capterra with 4000+ 5-star reviews! Not another points program! Start in minutes, not months, with a free single user account that can send rewards to anyone (employees, contractors, seasonal workers, volunteers). Flexible delivery to reach frontline workers through web, mobile app, TV displays and print options that require no technology to redeem. 5X the impact of your budget - only pay for people who can give recognition, there are no markups, unclaimed gifts are credited back, and 1 day of clean water is donated with every gift sent. Build a culture that frontline workers love! Check out >>> www.guusto.com GUUSTO LAND ACKNOWLEDGEMENT Guusto acknowledges that we were founded and many members of our team continue to work on the unceded territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and Sel̓íl̓witulh (Tsleil-Waututh) Nations in what is now called Vancouver. Guusto is also a remote-first company and we recognize that we operate and work on unceded and traditional territories of many different nations in the colonized land of what is now called Canada.

Revenue
$6.6M
Year founded
2013
Team size
60
8Goody logo
Goody

Miami, Florida, United States

Goody is a new way to send personal and business gifts as easily as a text message. Our business gifting platform, Goody for Business, powers employee engagement, client appreciation, and sales prospecting gifts at more than 12,000 leading companies. Goody integrates with 30 leading HR platforms, allowing companies to automatically gift employees on birthdays and work anniversaries. Choose from a curated gift collection of 250+ brands. Send a gift with only an email or phone number — no address required. Let gift recipients swap your gift for equal or lower-priced options, with no pricing shown.

Revenue
$6.5M
Year founded
2020
Team size
59
9Nectar HR logo
Nectar HR

Orem, Utah, United States

Nectar (formerly PerkNow) is the first perpetually free, self-service employee recognition and feedback software built for small to mid-sized businesses. Its all-in-one platform enables positive social interactions through meaningful public recognition, captures employee insights and offers desirable perks to increase employee engagement and retention.

Revenue
$6M
Year founded
2019
Team size
176
10GoHappy logo
GoHappy

Glen Allen, Virginia, United States

GoHappy is the quintessential platform for enhancing communication and engagement within organizations, particularly for frontline and hourly employees. Our deep-rooted passion for supporting hourly employees and recognizing their pivotal contribution to organizations, the economy, and society is a direct outcome of our experiences with founding and expanding Snagajob, the nation's foremost platform for hourly work. With over 100 million registered workers and more than 450,000 employer locations, Snagajob has allowed us to deeply understand the unique challenges and opportunities within the hourly workforce. Drawing from our vast experience and discussions with leading employers nationwide, we've identified a significant gap in how companies communicate and engage with their hourly employees post-hire. This disconnection is noteworthy, with nearly 70% of hourly workers feeling disengaged. Addressing this issue not only aligns with our mission but promises substantial returns for organizations through reduced turnover, decreased absenteeism, and enhanced productivity. Our solution is a platform devised to foster a sense of belonging, appreciation, and engagement among hourly workers and their employers. This endeavor is at the heart of our passion for nurturing relationships, community, and a positive workplace culture, evidenced by our recognition as a Fortune Magazine Great Place to Work six times, including topping the list in 2011 at Snagajob. We embark on this journey to revolutionize the way companies interact with their hourly workforce, driven by the belief in the transformative power of engaged employees on organizational performance and individual fulfillment. Our dedication to creating a platform that champions connection and appreciation in the workplace underscores our commitment to bettering the lives of employees and enhancing organizational success. We are thrilled to partner with remarkable companies and their extraordinary employees in this mission.

Revenue
$5.3M
Year founded
2015
Team size
37

Frequently asked questions about Employee Recognition Software Companies With $5M–$10M Revenue

How many employee recognition software companies with $5M–$10M in annual revenue are there?

Latka tracks 11 employee recognition software companies with $5M–$10M in annual revenue. Together they generate $79.7M in annual revenue and employ 849 people.

Which employee recognition software company with $5M–$10M in annual revenue is the largest?

BHN Rewards is the largest, with $9.8M in annual revenue, founded in 2015.

How much revenue does a typical employee recognition software company with $5M–$10M in annual revenue make?

The average employee recognition software company in this list makes $7.2M a year, across 11 companies with reported revenue. They serve 1M customers combined.

Who are the leading Employee Recognition software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are BHN Rewards, Kudos, Motivosity, Tremendous and Bucketlist Rewards and Recognition.

How much funding have employee recognition software companies with $5M–$10M in annual revenue raised?

The 11 employee recognition software companies with $5M–$10M in annual revenue tracked here have raised $500K in disclosed funding between them.

Related HR Software categories

Inclusion Criteria

- Must provide mechanisms for recognizing employee achievements in real time. - Should include features for peer-to-peer recognition and feedback. - Must offer organizational tools to track and monitor recognition activities. - Should incorporate analytics to measure the effectiveness of recognition initiatives. - Not just a communication tool; must also enable structured recognition programs.