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Nectar logo — Recognition & Rewards, Internal Comms, and Employee Listenin...

Nectar

Recognition & Rewards, Internal Comms, and Employee Listening — all in one culture platform.

Founded 2015 United States Lehi, United States 265 employees Venture round Total: $43.17M Information Technology, SaaS +1

General Information

Company Name Nectar
Founded Year 2015
Location United States Lehi, United States
Employees 265
Industries Information Technology, SaaS, Human Resources
Funding Stage Venture round
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Tiered Pricing, Usage Based
Social

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About Nectar

Nectar, founded in 2015, is a United States-based firm innovating in the Information Technology, SaaS, and Human Resources industries. Their mission is embodied in their slogan: "Recognition & Rewards, Internal Comms, and Employee Listening — all in one culture platform."

Nectar offers a comprehensive culture suite that includes Nectar Recognize, Nectar Comms, and Nectar Engage, which together drive employee activation by fostering an environment where employees feel valued, informed, and heard. The platform provides tools for frequent recognition, meaningful rewards, multi-channel communication, and incentivized feedback.

In its latest financial stride, Nectar secured a $40.00M Series B investment on April 18, 2024, with investment led by PeakSpan Capital. This injection positions Nectar to further amplify its impact in transforming organizational cultures globally.

Business keywords: Employee Recognition, Rewards Platform, Internal Communications, Employee Engagement, Company Culture, Employee Feedback, Remote Workforce Solutions, Distributed Workforce, Core Values Alignment, Incentive Management, Employee Activation, Multi-Channel Communication, Modern Workforce, Employee Value Proposition, Culture Building

Services & Products

Employee Recognition and Rewards
Internal Communication Management
Employee Engagement Surveys
Analytics and Insights for HR

Target Customers

HR Leaders Organizations looking to improve employee engagement Companies in Education, Financial Services, Healthcare, Hospitality, Manufacturing, Marketing, Advertising, Retail, and Technology sectors

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $40.00M 1
PeakSpan Capital
PeakSpan Capital
18 Apr 2024
Series A $2.92M 1
GTMfund
GTMfund
02 May 2022
Seed Round $255.00K -
01 Apr 2019

Nectar Alternatives & Competitors

View All Alternatives
Nectar vs
Fond
Fond United States

Let's make the world a better place to work.

Series A
72 employees
Analytics, SaaS
Compare Nectar vs Fond
Nectar vs
Semos Cloud
Semos Cloud United States

Partnering with enterprises to foster connection, empower people, and retain top talent.

90 employees
Information Technology, Human Resources
Nectar vs
HR Cloud
HR Cloud United States

Simplifying HR for Fast-Growing, Distributed, and Complex Teams

72 employees
Enterprise Software, Information Technology
Also compare with: Nectar vs Workvivo by Zoom Workvivo by Zoom View all alternatives

FAQ About Nectar

Recognition & Rewards, Internal Comms, and Employee Listening — all in one culture platform.
Nectar was founded in 2015.
Nectar is headquartered in Lehi, United States.
Nectar operates in Information Technology, SaaS and Human Resources. Its work centres on Employee Recognition, Rewards Platform, Internal Communications and Employee Engagement. Its customers include HR Leaders, Organizations looking to improve employee engagement and Companies in Education, Financial Services, Healthcare, Hospitality, Manufacturing, Marketing, Advertising, Retail, and Technology sectors.
Nectar has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Tiered Pricing and Usage Based.
Nectar has approximately 265 employees.
Nectar has completed 3 funding rounds, raising a total of $43.17M. The latest funding stage is Venture round.
Nectar offers: Employee Recognition and Rewards, Internal Communication Management, Employee Engagement Surveys, Analytics and Insights for HR.
Top alternatives and competitors to Nectar include Fond, Semos Cloud, HR Cloud, BonusBank, Workvivo by Zoom. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nectar and Fond are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Nectar, https://bouncewatch.com/company/nectar-1, updated 24 March 2026. When citing, please name BounceWatch and link this page.

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