Awardco

Awardco is an employee rewards and recognition software company based in Lindon, Utah, founded in 2011. The company specializes in human resources technology, offering a platform that enhances corporate culture and employee engagement through various incentive solutions. The platform includes employee recognition programs, service awards, incentive initiatives, and lifestyle spending accounts. Key features consist of peer-to-peer and manager-led recognition tools, a rewards marketplace with millions of products through Amazon Business integration, and an analytics dashboard to track engagement metrics. Awardco operates on a zero-markup model, ensuring direct partnerships with vendors to maintain competitive pricing on rewards. Awardco has experienced significant growth, highlighted by a partnership with Amazon Business in 2015 and a $65 million Series A funding round in 2021, which was the largest in HR SaaS history at that time. The company is recognized for its cost efficiency and diverse reward options, targeting organizations looking to enhance retention and workplace culture through effective recognition strategies.