Kudos provides peer-to-peer recognition software and rewards-focused programs that let employers send recognitions and quantify employee productivity. Headquartered in Calgary and founded in 2010, the company targets enterprise customers, including Fortune 500 clients. Kudos saw heightened interest amid the shift to remote and hybrid work and reported a strong fourth quarter in 2020, with sales growth of over 150% versus any quarter in the prior year. The company says the fresh financing positions it for global expansion. Kudos expects to double its workforce to about 120 employees across Canada by the end of 2022. It has also received government support through Western Economic Diversification Canada and other investors to support scaling.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2021