Personalized employee rewards and recognition platform
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To make workplaces more engaging, fun, and productive. retention, and profit.
Whittier, Boulder, CO
Few candidates hear
back within 2 weeks
-20% employee growth in 12 months
CEO of Otta
Being recognized for hard work can be a huge motivation for an employee’s career development, particularly when this recognition comes from peers. Many employers integrate reward and recognition schemes within the workplace, but these are often routine, impersonal, and ineffective at motivating staff.
Bonusly offers an online platform that allows workforces to show their appreciation for a peer through online recognition and rewards. Members are provided with a fixed amount of monthly 'points' which they can give to peers as a token of their appreciation in the public domain or privately. The company claims that the 'gamification' of these recognition and reward systems helps boost engagement, teamwork and collaboration within the workplace.
Gamification is becoming a common application within the workplace, and Bonusly’s application of this to recognition and reward seems obvious yet original. The company is in the process of adding non-US redemption options as well as scaling its travel and experiences offerings.
Last 2 fundraises
This company has top investors
They have a degree in Cognitive Science with Concentration in Artificial Intelligence. Previously worked as a Lead Engineer at Good Today. They are also an Advisory Board Member for HR.com.
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