About Kudos
Kudos is a company based in Palo Alto (United States) founded in 2010 by Ole Vidar Hestaas. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Kudos has raised $15.73 million across 2 funding rounds from investors including Canadian Business Growth Fund. Kudos offers products and services including Kudos Recognition Software, People Analytics, and AI Recognition Assistant. Kudos operates in a competitive market with competitors including Meitu, Facebook, Culture Amp, Achievers and Rumble, among others.
- Headquarter Palo Alto, United States
- Founders Ole Vidar Hestaas
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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 Kudos Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.73 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 10, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Kudos
Kudos offers a comprehensive portfolio of products and services, including Kudos Recognition Software, People Analytics, and AI Recognition Assistant. 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 designed for employee recognition and rewards programs.
Analytics tool for measuring performance and workplace culture.
AI tool assisting in employee recognition and engagement.
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Funding Insights of Kudos
Kudos has successfully raised a total of $15.73M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in December 2021. 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 — $10.0M
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First Round
First Round
(15 Sep 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2021 | Amount | Series A - Kudos | Valuation | Canadian Business Growth Fund |
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| Sep, 2017 | Amount | Seed - Kudos | 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 |
Investors in Kudos
Kudos has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Canadian Business Growth Fund. 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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Growth capital investments are made by this private equity firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Kudos
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kudos
| 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 |
Kudos Comparisons
Competitors of Kudos
Kudos 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 Meitu, Facebook, Culture Amp, Achievers and Rumble, 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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Photo editing and sharing apps are developed by Meitu.
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Online social networking and communication services are provided globally.
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Employee experience management platform
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Employee Recognition and engagement platform provider
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Video creator monetization platform
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Photos and videos are shared via an app-based social platform.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kudos
Frequently Asked Questions about Kudos
When was Kudos founded?
Kudos was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Where is Kudos located?
Kudos is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Kudos?
Ole Vidar Hestaas is the current CEO of Kudos. They have also founded this company.
Is Kudos a funded company?
Kudos is a funded company, having raised a total of $15.73M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.73M, raised on Sep 15, 2017.
What does Kudos do?
Kudos is engaged in developing employee recognition and rewards software aimed at enhancing workplace culture. The platform is utilized across various sectors to drive performance, increase engagement, and reduce turnover. Solutions offered include peer recognition, employee rewards, awards and nominations, milestones tracking, and people analytics. Additionally, AI-driven tools and group eCards are integrated to support a connected workforce. The company is focused on building stronger organizational cultures through meaningful and measurable recognition programs.
Who are the top competitors of Kudos?
Kudos's top competitors include Meitu, Facebook and Culture Amp.
What products or services does Kudos offer?
Kudos offers Kudos Recognition Software, People Analytics, and AI Recognition Assistant.
Who are Kudos's investors?
Kudos has 1 investor. Key investors include Canadian Business Growth Fund.