2024 Revenue
$6M(Est.)
Funding
$0
Team
176
Founded
2019
Nectar HR Revenue (2024)
Nectar HR generated an estimated $6M in annual revenue in 2024. Source: GetLatka estimate
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.
Last updated
Nectar HR Revenue
In 2024, Nectar HR's revenue reached $6M. The company previously reported $3.7M in 2023. Since its launch in 2019, Nectar HR has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Nectar HR Hit $6m revenue in October 2024 | Estimated |
| 2023 | Nectar HR Hit $3.7m revenue in October 2023 | Estimated |
| 2021 | Nectar HR Hit $907k revenue in April 2021 | Not recorded |
| 2019 | Launched with $0 revenue |
Nectar HR Valuation, Funding Rounds
We do not have funding information about Nectar HR yet.
No funding has been reported for Nectar HR yet.
Founder / CEO
Customers
We do not have customer count information for Nectar HR yet.
Nectar HR Employees & Team Size
Nectar HR employs approximately 176 people as of 2026, up from 92 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 176 employees (December 2024) | Not recorded |
| 2024 | Reached 92 employees (October 2024) | Not recorded |
| 2023 | Reached 92 employees (October 2023) | Not recorded |
| 2022 | Reached 52 employees (October 2022) | Not recorded |
| 2021 | Reached 27 employees (December 2021) | Not recorded |
| 2021 | Reached 11 employees (April 2021) | Not recorded |
Frequently Asked Questions about Nectar HR
What is Nectar HR's revenue?
As of 2024, Nectar HR generated an estimated $6M in annual revenue.
Who founded Nectar HR?
Nectar HR was founded by Trevor Larson.
Who is the CEO of Nectar HR?
The CEO of Nectar HR is Trevor Larson.
How many employees does Nectar HR have?
As of 2024, Nectar HR had 176 employees.
Where is Nectar HR headquartered?
Nectar HR is headquartered in Orem, Utah, United States.
Compare Nectar HR to the industry
Nectar HR operates across multiple industries. Browse revenue, funding, and growth data for Nectar HR 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.
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