UV50 Fastest-Growing Companies: No. 1 Awardco


THREE-YEAR GROWTH 7,478% 2018 REVENUE $8.9 million CITY Orem FOUNDED 2015 EMPLOYEES 50 INDUSTRY Recognition/Software WEBSITE Award.co FOUNDER
Steve Sonnenberg, 38 THE COMPANY An employee-recognition software platform.


They’re No. 1! They’re No. 1! It’s not lost on us that our No. 1 Fastest-Growing Company is transforming the award recognition industry. But this former UV50 Startup to Watch, which officially partnered with Amazon Business in 2018, has had quite the winning streak. It has more than 1 million users, is used in 100+ countries, has a 96% satisfaction rating, and ranked an applause-worthy No. 25 on the 2019 Inc. 500.


  1. International expansion.
  2. “Raise money. We’re not against it, just want to make sure we’re ready.”
  3. “Manage half the world’s incentive spend through Awardco’s technology.”


TOP 3 EMOTIONS “Excitement. Confidence. Stress.”

BUSINESS HAPPINESS “Closing a big deal.”

BUSINESS SADNESS “Letting go of good people who can’t do the job.”

BUSINESS FRUSTRATION “Balancing growth. It’s exciting, but growing pains can be frustrating.

EMOTIONAL SUPPORT “It helps to have a good circle around me. I have the best business partners and a supportive family at home.”


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