Nectar: Funding, Investors & Team (Oct 2026)
Nectar is a platform for recognizing and rewarding employees that is designed for the current workforce. It allows every team member to give meaningful recognition based on company values. The platform simplifies rewards and helps to maintain a cohesive company culture, whether the workforce is located in one place or spread out.
Nectar has raised $41.8M across 2 funding rounds on record, the most recent a Series B of $40.0M announced in Apr 2024.
That round is above the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.
Nectar Company Profile and Key Stats
Latest funding round on record: Apr 2024.
Nectar Funding Rounds
Nectar raised $1.8M in an undisclosed round announced in Jan 2023.
1.3 years later, a Series B of $40.0M was announced in Apr 2024.
Nectar Founders and Leadership Team
Contact details for the Nectar team: 2 of 2 have an email address on file.
Start 14-day free trial →Nectar Funding Compared to Other Administrative Services Startups
Nectar's latest round of $40.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.
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Nectar Funding FAQs
What does Nectar do?
Nectar is a platform for recognizing and rewarding employees that is designed for the current workforce. It allows every team member to give meaningful recognition based on company values. The platform simplifies rewards and helps to maintain a cohesive company culture, whether the workforce is located in one place or spread out.
How much funding has Nectar raised?
Nectar has raised $41.8M across 2 rounds on record. The most recent is a Series B of $40.0M announced in Apr 2024.
When did Nectar last raise funding?
Nectar's most recent funding round on record is a Series B of $40.0M, announced in Apr 2024.
Who founded Nectar?
FundedIQ lists Jackson Horne (Founder) at Nectar.
Who is the CEO of Nectar?
Trevor Larson is listed as CEO at Nectar.
Where is Nectar headquartered?
Nectar is based in Orem, Utah, United States.
How many employees does Nectar have?
Nectar is in the 101-250 employee band.
How does Nectar's funding compare to other Administrative Services startups?
Nectar's latest round of $40.0M is above the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.
About FundedIQ's Nectar Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Nectar is left off this page rather than filled in.
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