 | |
| Company type | Private |
|---|---|
| Industry | Human capital management software |
| Founded | Toronto, Canada 2002 |
| Founder | Razor Suleman |
| Headquarters |
|
| Website | achievers |
Achievers is a Canadian employee engagement and recognition software company co-headquartered in Toronto, Canada, Victoria, Australia, and Manchester, UK. [1]
Achievers (formerly I Love Rewards [2] ) was founded in 2002 by Razor Suleman in Toronto, Canada. [3] He decided to start Achievers upon being appointed to provide a solution for a consulting project for a large corporate client that wasn't having a lot of success motivating their employees. [4] [5] In 2007, Achievers raised $3.3 million in its Series A funding round led by Laurence Capital, Relay Ventures, [6] [7] and JLA Ventures followed by a Series B funding round worth $6.9 million in 2009. [7] In September 2010, the company opened its office in Boston and changed its name to Achievers, [8] [9] and in May 2011 opened its office in San Francisco, California to function as the company's US headquarters. [7] [10]
In September 2011, Achievers received $24.5 million in its Series C funding round led by Alfred Lin's American venture capital firm, Sequoia Capital, and supported by GrandBanks Capital, JLA Ventures and Ontario's Venture Capital Fund. [11] [12] [8] In the same year, Suleman was named a recipient of the Ernst & Young Entrepreneur of The Year Award. [5] [13]
In 2015, Suleman sold Achievers to Blackhawk Network for $150 million. [14] [15] In 2018, Blackhawk went from a public company to a private company, during which time Achievers spun out from Blackhawk as a separate entity and is now co-owned by Silver Lake and P2 Capital Partners. [16] [17]
In 2020, Achievers acquired TemboSocial, a Canadian software startup that develops employee recognition and feedback solutions. [18] [19]
Achievers has been recognized by numerous organizations for its workplace culture and technological achievements, including Great Place to Work, [20] HRO Today's Bakers Dozen, [21] Brandon Hall Group, Stevie award [22] and ranked in the second place in the smaller-business category of this year's Best GTA Employers awards in 2011. [9]
The Achievers employee experience platform is designed to provide HR teams with a suite of employee engagement programs to connect employees and build cultures of belonging. [18]
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