Awardco Completes $165 Million Series B, Valuing the Company at Over $1 Billion | News & Events | Goodwin
Summary
The Technology team advised Awardco in the closing of its $165 million Series B funding round led by Sixth Street Growth and Spectrum Equity, with continued support from General Catalyst and Ryan Smith, Partner at HXCO. This raise now values Awardco at over $1 billion.With this new investment, Awardco will broaden its rewards and recognition platform with additional solutions for employee engagement and performance, leverage AI to drive deeper employee insights and automations, enhance HRIS and partner integrations, and scale its global infrastructure to power the next era of work.Headquartered in Lindon, Utah, Awardco builds culture, incentivizes behavior, and powers modern engagement through employee recognition and rewards.The Goodwin team was led by John Casnocha, Arman Carretta, Alexa Libro and Christian Golden.For additional details on the Series B round, please read the press release.