Nectar HR

Lehi, UT · Founded 2019 · Privately Held (backing)

Developer of a culture platform designed to help organizations improve employee engagement, recognition, and internal communication. Nectar HR is based in Lehi, UT and was founded in 2019. Its last reported valuation was $150 million in Apr 2025. It has raised $29.3 million.

Last reported valuation
$150.0M
Oct 2026
Priced at
—
Total raised
$29.3M
Last round
—

Nectar HR key facts

as of Oct 2026
  • Developer of a culture platform designed to help organizations improve employee engagement, recognition, and internal communication.
  • Nectar HR is valued at approximately $150.0M as of Oct 2026 (last reported valuation).
  • It has raised $29.3M; the latest was Later Stage VC ($23.5M) in Apr 2025.
  • Notable investors include GTMfund, PeakSpan Capital, HELM Investment Group, PHX Ventures.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$150.0M

Nectar HR's last reported valuation, Apr 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Nectar HR funding rounds

No rounds on record

No funding rounds for Nectar HR are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Nectar HR valuation

Nectar HR's last reported valuation was $150 million in Apr 2025. No priced round, secondary trade or fund mark has surfaced since.

Nectar HR investors

4 investors are on record for Nectar HR, including GTMfund, PeakSpan Capital, HELM Investment Group and PHX Ventures.

About Nectar HR

Developer of a culture platform designed to help organizations improve employee engagement, recognition, and internal communication. The company offers customizable recognition programs, automated milestone tracking, and centralized communication tools, enabling HR leaders and employees in professional environments to foster connection, boost morale, and reduce turnover.

Sector
Information Technology
HQ
Lehi, UT, United States
Founded
2019
Employees
199
Ownership
Privately Held (backing)

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