Bonusly - About the company
Bonusly is a series B company based in Boulder (United States), founded in 2012 by Raphael Crawford Marks. It operates as a Cloud-based platform for employee recognition. Bonusly has raised $32.4M in funding from investors like Bloomberg Beta, Access Venture Partners and FirstMark. The company has 1029 active competitors, including 163 funded and 61 that have exited. Its top competitors include companies like Medallia, Xoxoday and WorkJam.
Company Details
Cloud-based platform for employee recognition. It offers employee recognition and rewards platform that offers multiple ways to engage employees and improve retention. It provides a dashboard of people analytics to understand recognition trends and offers recognition programs and improve employee engagement. It allows employees to give bonuses to their peers, direct reports, and managers to recognise their contributions through the platform's peer-to-peer recognition. Employees can earn recognition points that can be redeemed for gifts cards, charitable donations, and bespoke prizes such as PTO, company-branded apparel, or lunch with the CEO.
- Website
- bonusly.com
- Email ID
- *****@bonus.ly
Key Metrics
Founded Year
2012
Location
Boulder, United States
Stage
Series B
Total Funding
$32.4M in 5 rounds
Latest Funding Round
Investors
Ranked
23rd among 1029 active competitors
Employee Count
87 as on Mar 31, 2026
Legal entities associated with Bonusly
Bonusly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SMARTLY, INC. CIN: 463786879 , United States, Active | Sep 18, 2013 | - | 55 (As on Dec 31, 2024) | - |
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Bonusly's funding and investors
Bonusly has raised a total funding of $32.4M over 5 rounds. Its first funding round was on Oct 01, 2014. Its latest funding round was a Series B round on Feb 28, 2023 for $*****. 4 investors participated in its latest round. Bonusly has 7 institutional investors.
Here is the list of recent funding rounds of Bonusly:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 28, 2023 | 1257419 | Series B | 2046413 | 6334471 | 7641808 | 4894848 |
Jun 01, 2020 | 3582027 | Series A | 2665744 | 8543948 | 5903559 | |
Apr 03, 2019 | 9471246 | Seed | 7341169 | 5987879 | 9635336 |
View details of Bonusly's funding rounds and investors
Bonusly's founders and board of directors
Founder? Claim ProfileThe founders of Bonusly is Raphael Crawford Marks. Raphael Crawford Marks is the CEO of Bonusly.
Here are the details of Bonusly's key team members:
- Raphael Crawford Marks: Founder & CEO of Bonusly and founder of 1 other company. Contact Info: 1 email address
Bonusly's Board of Directors
Bonusly's board has 3 active members. Amish Jani, John Quinn and Raphael Crawford-Marks are independent board members.Here is the list of Bonusly's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 11m | |
fy{fntv | Independent board member | - | Current | 1y 3m |
zybcjsn | Independent board member | - | Current | 8y 6m |
View details of Bonusly's Founder profiles and Board Members
Bonusly's employee count trend
Bonusly has 87 employees as of Mar 26. Here is Bonusly's employee count trend over the years:
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Bonusly's Competitors and alternates
Top competitors of Bonusly include Medallia, Xoxoday and WorkJam. Here is the list of Top 10 competitors of Bonusly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Medallia 2001, Pleasanton (United States), Acquired | Provider of experience management software and related customer service solutions | $340M | 82/100 | |
2nd | Provider of rewards, recognition, loyalty, incentives, and payout program solutions | $30.6M | 79/100 | ||
3rd | Provider of a platform for frontline workforce management and engagement | $167M | 77/100 | ||
4th | Qualtrics 2002, Provo (United States), Acquired | Provider of experience management software facilitating customer, employee, and market research | $400M | 76/100 | |
5th | Culture Amp 2009, Richmond (Australia), Series F | Employee experience management platform | $259M | 73/100 | |
6th | Lattice 2015, San Francisco (United States), Series F | Provider of a platform for managing employee performance, engagement, and compensation | $332M | 71/100 | |
7th | AdvantageClub.ai 2016, San Francisco (United States), Series A | Provider of platform for employee recognition, rewards, incentives, and wellbeing | $11M | 68/100 | |
8th | Simpplr 2014, Milpitas (United States), Series D | Provider of an AI intranet and employee experience platform | $131M | 67/100 | |
9th | Provider of employee recognition and rewards platform with marketplace access | $50.7M | 66/100 | ||
10th | Mobile-based suite solutions for enterprise collaboration | $66.5M | 66/100 | ||
23rd | Bonusly 2012, Boulder (United States), Series B | Cloud-based platform for employee recognition | $32.4M | 64/100 |
Looking for more details on Bonusly's competitors? Click here to see the top ones
Bonusly's Investments and acquisitions
Bonusly has made no investments or acquisitions yet.
News related to Bonusly
Media has covered Bonusly for 1 event in last 1 year, It was about company updates.
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Bonusly Introduces Video Recognition to Strengthen Human Connection at Work
PR Newswire•May 29, 2025•Bonusly
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Bonusly Users Have Now Sent 40 Million Recognitions to Peers via its Platform
PR Newswire•May 23, 2023•Bonusly
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Bonusly Raises $18.9 Million in Series B Financing, Led by Ankona Capital
PR Newswire•Feb 28, 2023•Bonusly, Ankona Capital, FirstMark, Access Venture Partners and 1 other
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Bonusly, the platform for employee recognition, raises $9 million Series A
TechCrunch+•Jun 01, 2020•Bonusly, Access Venture Partners, Next Frontier Capital, Operator Partners and 1 other
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