About Achievers
Achievers is a company based in Toronto (Canada) founded in 2002 by YassipSapna YS was acquired by Blackhawk Network in June 2015.. Achievers has raised $50.7 million across 5 funding rounds from investors including Blackhawk Network, Sequoia Capital and GrandBanks Capital. Achievers has completed 2 acquisitions, including RoundPegg and TemboSocial. Achievers operates in a competitive market with competitors including Medallia, Culture Amp, ScribbleLive, Xoxoday and Fond, among others.
- Headquarter Toronto, Canada
- Founders YassipSapna YS
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50.7 M (USD)
in 5 rounds
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Latest Funding Round
$24.5 M (USD), Series C
Sep 28, 2011
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Investors
Blackhawk Network
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
RoundPegg
& 1 more
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Acquired by
Blackhawk Network
(Jun 11, 2015)
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Sales and Marketing
24 people
Software Development Team
24 people
Leadership Team
20 people
Senior Team
12 people
Finance and Accounting
9 people
Human Resources and Administration
6 people
Creative and Marketing Team
5 people
Operations Team
5 people
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Funding Insights of Achievers
Achievers has successfully raised a total of $50.7M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $24.5 million completed in September 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $24.5M
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First Round
First Round
(31 Jul 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Series C - Achievers | Valuation | Sequoia Capital | |
| Sep, 2011 | Amount | Series C - Achievers | Valuation | GrandBanks Capital , Laurence Capital |
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| Jun, 2009 | Amount | Series B - Achievers | Valuation | Ontario Venture Capital Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Achievers
Achievers has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Blackhawk Network, Sequoia Capital and GrandBanks Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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GrandBanks Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Relay Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Achievers
Achievers has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RoundPegg and TemboSocial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Real-time culture science is applied via employee value aggregation.
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2009 | ||||
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Employee engagement software
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Achievers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Achievers Comparisons
Competitors of Achievers
Achievers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medallia, Culture Amp, ScribbleLive, Xoxoday and Fond, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
Employee experience management platform
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| domain | founded_year | HQ Location |
Employee engagement is supported through interactive assessments and polls.
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| domain | founded_year | HQ Location |
AI-powered loyalty, rewards, and employee engagement solutions are provided.
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| domain | founded_year | HQ Location |
Employee recognition and perks are facilitated via a digital platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Achievers
Frequently Asked Questions about Achievers
When was Achievers founded?
Achievers was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Achievers located?
Achievers is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Achievers?
Jeff Cates is the current CEO of Achievers.
Is Achievers a funded company?
Achievers is a funded company, having raised a total of $50.7M across 5 funding rounds to date. The company's 1st funding round was a Series B of $1.6M, raised on Jul 31, 2008.
What does Achievers do?
Achievers was founded in 2002 in Toronto, Canada, and operates in the human resources technology sector. An employee recognition and engagement platform is offered, enabling managers to gain insights into team performance, recognition, and rewards. The platform also serves as a communication tool within and across teams, while supporting employee retention and employer branding efforts.
Who are the top competitors of Achievers?
Achievers's top competitors include Culture Amp, Xoxoday and Vantage Circle.
How many acquisitions has Achievers made?
Achievers has made 2 acquisitions, including RoundPegg, and TemboSocial.
Who are Achievers's investors?
Achievers has 7 investors. Key investors include Blackhawk Network, Sequoia Capital, GrandBanks Capital, Relay Ventures, and Venture Ontario.
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