Reported about 12 hours ago
Employee-rewards platform Awardco has reached a valuation of over $1 billion after securing $165 million in a funding round led by Sixth Street Growth and Spectrum Equity. This marks an increase from its previous valuation of $900 million in 2021. The new funding will help Awardco expand its platform, enhance employee engagement solutions, and leverage AI for workforce insights. The company now serves over six million users globally and collaborates with major clients like AT&T and Adobe.
Source: YAHOO