About Assembly
Assembly is a company based in Los Angeles (United States) founded in 2017 by Saravana Vijay Kumar and Jonathan Fields. It operates as a SaaS (Software-as-a-Service). Assembly has raised $5.67 million across 2 funding rounds. Assembly offers products and services including Employee Recognition Software, Celebrations & Milestones, and Awards & Challenges. Assembly operates in a competitive market with competitors including Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond, among others.
- Headquarter Los Angeles, United States
- Founders Saravana Vijay Kumar, Jonathan Fields
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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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- Legal Name Carrothr Inc Dba Assembly
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.67 M (USD)
in 2 rounds
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Latest Funding Round
$5.27 M (USD), Series A
Jun 27, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Assembly
Assembly offers a comprehensive portfolio of products and services, including Employee Recognition Software, Celebrations & Milestones, and Awards & Challenges. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for recognizing employees with rewards and shout-outs.
Automated celebration of birthdays, anniversaries, and milestones.
Custom awards and challenges to boost engagement.
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Funding Insights of Assembly
Assembly has successfully raised a total of $5.67M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.27 million completed in June 2022. 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 2
- Last Round Series A — $5.3M
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First Round
First Round
(08 Jul 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Series A - Assembly | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Assembly | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Assembly
| 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 |
Financial Statements - Assembly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Assembly Comparisons
Competitors of Assembly
Assembly 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 Culture Amp, Achievers, 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 |
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| domain | founded_year | HQ Location |
Employee experience management platform
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| domain | founded_year | HQ Location |
Employee Recognition and engagement platform provider
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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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| domain | founded_year | HQ Location |
Employee benefits and engagement are delivered via a cloud-based 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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Frequently Asked Questions about Assembly
When was Assembly founded?
Assembly was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Assembly located?
Assembly is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Assembly?
Jonathan Fields is the current CEO of Assembly. They have also founded this company.
Is Assembly a funded company?
Assembly is a funded company, having raised a total of $5.67M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Jul 08, 2019.
What does Assembly do?
Employee recognition and rewards are facilitated through a comprehensive platform by Assembly. Solutions are offered for peer-to-peer recognition, automated celebrations of milestones, and custom awards to drive engagement. The platform is designed for HR technology needs, targeting workplace culture improvement and employee retention across various industries. Integration with other systems and community-building features are also included to support team motivation and performance.
Who are the top competitors of Assembly?
Assembly's top competitors include Culture Amp, Xoxoday and Vantage Circle.
What products or services does Assembly offer?
Assembly offers Employee Recognition Software, Celebrations & Milestones, and Awards & Challenges.