Achievers Solutions

SoftwareSeries CToronto, Canadaachievers.com

Latest round

Series C

Last raised

Sep 2011

Total raised

$35M

Investors

4

About Achievers Solutions

Achievers Solutions Inc.Founded in 1995, Achievers Solutions Inc. operates from Toronto, Canada, offering a platform focused on employee recognition. The company underwent an acquisition by Blackhawk Network in June 2015. The founders include Sourav Saha and Yassip Sapna YS, with Jeff Cates and Peter Ndungu serving as current CEOs.Achievers offers a comprehensive employee recognition and rewards platform designed to enhance employee engagement and drive productivity across diverse organizations. The core offerings, namely Recognize™, Reward™, and Celebrate™, facilitate both monetary and non-monetary recognition seamlessly integrated into users' existing workflows. Recognize™ enables users to nominate colleagues for outstanding performance while Reward™ provides access to a robust global rewards marketplace, featuring locally curated options across approximately 190 countries. Celebrate™ allows companies to commemorate milestones such as years of service, thus personalizing the recognition experience.Achievers operates under a subscription-based revenue model, primarily targeting B2B clients who implement the recognition platform across their workforces. Clients typically engage in annual or multi-year contracts, which provide access to the suite of products, tailored support, and ongoing updates. The revenue structure encompasses standard subscription fees that are influenced by the number of users and the specific services chosen by the client. For example, clients may subscribe to the entire platform or opt for specific modules such as Recognize™ for employee nominations or Reward™ for accessing the global rewards marketplace.Achievers Solutions Inc. is focused on developing new product features to enhance its recognition platform, with plans for a major update expected later in 2023.

Who invested in Achievers Solutions

4 investors across 3 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series C

    Sep 28, 2011

    Amount

    $25M

    Investors

    Locked

  2. Series B

    May 1, 2009

    Amount

    $5.9M

    Investors

    Locked

  3. Series A

    Jul 31, 2008

    Amount

    $4.7M

    Investors

    Locked

Questions about Achievers Solutions

Who invested in Achievers Solutions?

Achievers Solutions has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Achievers Solutions raised?

Achievers Solutions has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Achievers Solutions last raise money?

Achievers Solutions's most recent round on record is a Series C, in Sep 2011.

What does Achievers Solutions do?

Achievers Solutions is a software company.

Where is Achievers Solutions headquartered?

Achievers Solutions is headquartered in Toronto, Canada.

Which VCs invest in companies like Achievers Solutions?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Achievers Solutions's stage. Their profiles are linked below.

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