About Nectar HR
Nectar HR is a company based in Orem (United States) founded in 2016 by Trevor Larson and Andrew Hollis. Nectar HR has raised $53.5 million across 2 funding rounds from investors including PeakSpan Capital. Nectar HR offers products and services including Recognition & Rewards, Nomination Program, and Internal Communication. Nectar HR operates in a competitive market with competitors including Culture Amp, Achievers, ScribbleLive, Xoxoday and Fond, among others.
- Headquarter Orem, United States
- Founders Trevor Larson, Andrew Hollis
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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 Perkcity, 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
$53.5 M (USD)
in 2 rounds
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Latest Funding Round
$13.5 M (USD), Series B
Apr 25, 2025
- Investors
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Employee Count
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Products & Services of Nectar HR
Nectar HR offers a comprehensive portfolio of products and services, including Recognition & Rewards, Nomination Program, and Internal Communication.
Platform for celebrating achievements and providing rewards.
System for nominating employees for recognitions.
Tools for sharing updates and announcements within organizations.
People of Nectar HR
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Funding Insights of Nectar HR
Nectar HR has successfully raised a total of $53.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $13.5 million completed in April 2025. 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.
Investors in Nectar HR
Nectar HR has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PeakSpan Capital.
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Venture capital firm focused on B2B software growth-stage companies.
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Investor details for Nectar HR
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Investments & Acquisitions by Nectar HR
Investment portfolio details for Nectar HR
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Financial Statements - Nectar HR
Detailed financials for Nectar HR
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Nectar Hr Comparisons
Peer comparison for Nectar HR
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Competitors of Nectar HR
Nectar HR 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Employee experience management platform
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Employee Recognition and engagement platform provider
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Employee engagement is supported through interactive assessments and polls.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Employee recognition and perks are facilitated via a digital platform.
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Employee benefits and engagement are delivered via a cloud-based platform.
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Detailed competitors of Nectar HR
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Latest news on Nectar Hr
Complete news archive for Nectar HR
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Frequently Asked Questions about Nectar HR
Nectar HR was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Nectar HR is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
Trevor Larson is the current CEO of Nectar HR. They have also founded this company.
Nectar HR is a funded company, having raised a total of $53.5M across 2 funding rounds to date.
Cloud-based employee recognition and reward software for businesses. It enables positive social interactions through public recognition, captures employee insights, and offers desirable perks to improve employee engagement and retention. Monetizes through subscription-based pricing plans.
Nectar HR's top competitors include Culture Amp, Xoxoday and Vantage Circle.
Nectar HR offers Recognition & Rewards, Nomination Program, and Internal Communication.
Nectar HR has 1 investor. Key investors include PeakSpan Capital.