Awardco
Awardco provides an employee recognition and rewards platform featuring a global reward network and customizable incentive program options.
Secondary Market Price
How Awardco Measures Up
To help you manage your Awardco equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Awardco Prices
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Company Description
Awardco develops and operates an employee recognition and engagement platform used across sectors such as healthcare, technology, and manufacturing. The company provides services that include incentive programs, reward selection, reporting dashboards, and automated recognition for employee milestones. A key feature of its platform is a partnership with Amazon Business to create a large reward network without product markups. Founded in 2015 by Steve Sonnenberg, Awardco is headquartered in Lindon, Utah, and has since expanded with offices in London, England, and Toronto, Ontario. The company's most recent funding round was a Series B that raised $165 million from investors including Sixth Street and Spectrum Equity.
Recent company developments indicate a focus on expanding its product capabilities and demonstrating measurable client outcomes. Awardco launched Awardco Engage™, a new product that combines recognition and employee engagement tools onto a single platform. The company has also highlighted client results, such as a partnership with 4Refuel that reportedly contributed to a 25% decrease in employee turnover. In addition to its product launches and partnerships, the company was recognized as a Leader in the Winter 2026 G2 Reports for its software in the employee recognition, rewards, and incentives categories.
- Sixth Street Growth
- Spectrum Equity
- General Catalyst
- Ryan Smith
- Co-Founder, Steve Sonnenberg
- Co-Founder, Mike Sonnenberg
- Co-Founder, Tanner Runia
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Awardco worth joining?
Deciding whether to join a company like Awardco involves evaluating its equity offer, which can be complex for a private company. Tools like Prospect can help you model the potential future value of your equity compensation to make a more informed decision.
What should I do with my Awardco stock?
Managing your Awardco stock effectively requires a personalized strategy based on your financial situation and the company's potential growth. Platforms like Prospect use your equity details to create customized, multi-year plans for exercising options and selling shares to maximize your returns.
Can you sell Awardco stock?
As a private company, Awardco stock isn't traded on a public exchange, but you can often sell shares during company-approved tender offers or on secondary markets. Prospect's tools can help you determine the tax-optimal shares to sell and decide on the best timing for these liquidity events.
How can I find the value of my Awardco stock?
Determining the value of stock in a private company like Awardco can be difficult as it's not publicly priced. Prospect uses proprietary machine learning models to project your equity's future value, giving you a data-driven estimate.
What is Awardco's equity worth?
The precise worth of Awardco's equity is not public information and fluctuates based on company performance and market conditions. To understand its potential value, you can use platforms like Prospect, which analyze various data points to model a range of likely outcomes for your shares.
What is Awardco's stock ticker symbol?
As a privately held company, Awardco does not have a stock ticker symbol because its shares are not traded on public stock exchanges. Ticker symbols are only assigned to companies once they complete an Initial Public Offering (IPO).
Can I buy or sell Awardco stock?
You can typically "buy" Awardco stock by exercising your stock options, and you can sell it during specific liquidity events like tender offers. Tools like Prospect provide personalized strategies for both exercising options and selling shares to help you optimize the timing and tax implications.
What is the criteria to buy or invest in Awardco stock?
Investing in a private company like Awardco is typically limited to employees receiving equity compensation or accredited investors participating in private funding rounds. Opportunities for the general public to invest are generally not available until a company goes public.
