Sixth Street Growth and Spectrum Equity led a $165m Series B round in Awardco.

Sixth Street Growth, a global investment firm, and Spectrum Equity, an investment firm that focuses on the internet, software, and information technology companies, led a $165m Series B round in Awardco, an employee rewards and recognition software company, with participation from General Catalyst and Halo Experience Company. “Recognition is no longer a nice-to-have—it’s a strategic imperative,” said Nari Ansari, Managing Director at Sixth Street Growth. “Awardco is leading the way with a scalable, global-first platform that serves organizations of all sizes, and we’re excited to partner with the team during this next phase of growth,” Susie Liu, Sixth Street Growth Vice President.