Awardco Announces $65 Million Series A Funding
Summary
Weve been hard at work building our vision as we reshape an industry ripe for revolution in rewards and recognition, all while reflecting on and leading the charge in the growing trends of workplace disruption. General Catalyst Managing Director Paul Kwan, who led the investment, underscored the rarity of this kind of an approach to growth: This round of funding will continue to advance Awardco’s vision of the future of work. Our vision also led to our platform focusing on best-in-class flexibility and all-in-one simplicity to meet all the incentive needs of the modern workplace, including loyalty, recognition, milestones, and professional development. Offering millions of products, hotels through Priceline, event tickets, gift cards, swag, and custom catalogs, Awardco is the largest reward network on the planet — all with zero markups. With offices in San Francisco, Palo Alto, New York City, London, and Boston, the firm has helped support the growth of businesses such as: Airbnb, Deliveroo, Guild, Gusto, HubSpot, Illumio, Lemonade, Livongo, Oscar, Samsara, Snap, Stripe, and Warby Parker.