Awardco raises $165 million in a Series B funding round, surpassing a $1 billion valuation, backed by Sixth Street Growth and Spectrum Equity.
Amount Raised
$165 Million
Round Type
Series B
LindonInformation TechnologyCommerce and ShoppingMedia And EntertainmentCommerce And ShoppingHuman ResourcesInvestors
Description
Awardco announced today a $165 million Series B round of funding with a valuation that eclipses $1 billion, further solidifying its leadership and innovation in the employee rewards and recognition space. This investment will broaden its platform with additional solutions for employee engagement and performance. Awardco has grown to over six million users across 163 countries and offers more than 300 million reward options. The company aims to leverage AI to enhance employee insights and integrate partner solutions.
Who else raised in Commerce and Shopping and Media And Entertainment around the same time
Companies in the same sectors as Awardco that raised within 45 days of this round, from Fundz verified event records.
- Niural raised $31M (Series A) on June 26, 2025.
- Novoloop raised $21M (Series B) on June 25, 2025.
- Wonder Project raised $75M (Seed) on June 25, 2025.
- Paraform raised $20M (Series A) on June 24, 2025.
- Drifas Leap raised $51K (Pre-Seed) on June 23, 2025.
- Meridian raised $7M (Seed) on June 21, 2025.
Who to call at Awardco, and when
A new round usually means Awardco is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Awardco raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Awardco, from your own LinkedIn network
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Funding Insights
What this usually meansAwardco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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