Fundraising Fox

Awardco

Lindon, US · Founded 2021 · Delaware corporation · 2 known investors

award.co

Awardco is an employee recognition and rewards platform that helps organizations manage engagement, recognition, and performance to support workplace culture. It integrates with tools like Workday, Amazon Business, Slack, and Microsoft Teams to enable peer recognition and reward fulfillment.

Founders & leadership

Awardco was founded in 2021 by Steve Sonnenberg.

SSSteve Sonnenberg
Steve SonnenberginFounder & CEOHe began developing the concept in 2011, drawing on his exposure to the employee recognition industry through his father's career working with companies including McDonald's.
TR
Tanner RuniaExecutive
MS
Michael SonnenbergExecutive

Board

NA
Nari AnsariBoard director
PKPaul Kwan
Paul KwaninBoard MemberInvestment Team at General Catalyst
AG
Adam GassinBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$235.2M disclosed across 3 rounds · 2020–2025

$165MraisedJul 2025 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nari AnsariDirector
  • Tanner RuniaExecutive Officer, Director
  • Michael SonnenbergExecutive Officer, Director
  • Steve SonnenbergExecutive Officer, Director
  • Paul KwanDirector
  • Adam GassinDirector
Offering amount
$165M
Amount sold
$165M
First sale
Mar 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$65.2MraisedOct 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Josh BushnellExecutive Officer, Director
  • Steve SonnenbergExecutive Officer, Director
  • Michael SonnenbergExecutive Officer, Director
  • Paul KwanDirector
  • Dave DeckerDirector
  • Tanner RuniaExecutive Officer, Director
Offering amount
$125.6M
Amount sold
$65.2M
Minimum investment
$204.9K
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedJan 2020 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve SonnenbergExecutive Officer
Amount sold
$5M
Minimum investment
$250K
First sale
Jan 2020
Incorporated
Limited Liability Company, Utah
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Awardco do?
Awardco is an employee recognition and rewards platform that helps organizations manage engagement, recognition, and performance to support workplace culture. It integrates with tools like Workday, Amazon Business, Slack, and Microsoft Teams to enable peer recognition and reward fulfillment.
Who founded Awardco?
Awardco was founded by Steve Sonnenberg in 2021.
Who are Awardco's investors?
Awardco's investors include General Catalyst, Spectrum Equity.
How much funding has Awardco raised?
Awardco has disclosed $235.2M raised across 3 rounds.
Where is Awardco headquartered?
Awardco is headquartered in Lindon, US.