Headquarter: UK
Revenue: +GBP 60m
Investment Date: August 2021
Reward Gateway is a leading HR Technology and Employee Engagement company that helps clients to connect, recognize, and support their people.
It offers a leading SaaS employee engagement platform that centralizes employee reward and recognition, discounts, communications, surveys, wellbeing, and flexible benefits.
Reward Gateway helps clients to create positive cultural change in order to increase employee engagement and drive business results through a tailored platform that brings together employee reward and recognition, discounts, communications, surveys, wellbeing, and flexible benefits in one unified hub. Their experienced Client Success Team partners with clients to create fully branded solutions aligned to an organization's employee engagement goals, and to reflect their unique mission, culture, and employer brand to drive the highest levels of platform usage.
More than 2,000 of the world’s leading companies have partnered with Reward Gateway to connect, recognize, and support their best people.
+2.000 customers globally
+5m active employees
State-of-the art SaaS platform with full suite of engagement tools
Castik Funds partnered with Abry Partners and management to support the next growth phase of Reward Gateway. In parallel, both Funds jointly acquired a majority stake in Xexec, in partnership with its founders. Headquartered in London, UK, Xexec is an employee engagement provider that offers a wide range of employee discounts and reward & recognition solutions through its scalable cloud-based platform, complemented by an in-house tickets and travel concierge.
Management, Castik and Abry will continue to strengthen Reward Gateway´s excellent market position in UK and Australia, while further expanding its presence in the US organically and via M&A.
- State of the art SaaS platform with full suite of engagement solutions
- Global footprint with more than 2,000 customers across Europe, US, and Australia
- Excellent reputation as a leader and innovator in the employee engagement technology industry
- Strong underlying growth in the overall Employee Engagement market fuelled by fundamental secular trends
- High share of recurring revenues and high degree of revenue visibility
- Fragmented competitive environment with room for consolidation