Globoforce is a provider of social recognition solutions, redefining how companies understand, manage, and motivate their employees globally. Companies around the world use Globoforce’s cloud-based social recognition software to reveal the true performance and influence of every employee and strengthen company culture. With Globoforce, HR and business leaders can take a strategic approach to recognition programs that result in measurable benefits to the bottom line driven by increases in employee engagement, retention, and productivity.

Type
Private
HQ
Southborough, US
Founded
1999
Size (employees)
450 (est)+2%
Globoforce was founded in 1999 and is headquartered in Southborough, US
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Key People/Management at Globoforce

Eric Mosley

Eric Mosley

Chief Executive Officer
Steve Cromwell

Steve Cromwell

Chief Financial Officer
Jonathan Hyland

Jonathan Hyland

Chief Technology Officer
Lauren Zajac

Lauren Zajac

Vice President, General Counsel & Data Protection Officer
Steve Pemberton

Steve Pemberton

Chief Human Resources Officer
Grant Beckett

Grant Beckett

Vice President, Product Strategy
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Globoforce Office Locations

Globoforce has offices in Southborough, Dublin, New York, Jersey and in 1 other location
Southborough, US (HQ)
310 144 Turnpike Rd
Dublin, IE
Unit 21 Beckett Way
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Globoforce Financials and Metrics

Summary Metrics

Founding Date

1999

Total Funding

$9.3 m

Latest funding size

$9.30 m

Time since last funding

14 years ago

Investors

Globoforce's latest funding round in October 2004 was reported to be $9.3 m. In total, Globoforce has raised $9.3 m

Globoforce Financials

Globoforce's revenue was reported to be £223.48 k in FY, 2016
GBP

Revenue (FY, 2016)

223.5 k

Net income (FY, 2016)

11.5 k

Cash (31-Dec-2016)

59.5 k
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

315.1 k169.3 k152.7 k165.9 k154.2 k150.9 k246.4 k238.3 k223.5 k

Revenue growth, %

63%(3%)

Pre tax profit

20.6 k11.1 k10 k10.5 k10.1 k9.9 k16.1 k15.6 k14.6 k

Income tax expense

(4.5 k)(2.3 k)(2.3 k)(2.2 k)(2.1 k)(2 k)(3.2 k)(3.4 k)(3.1 k)
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

8.8 k18.4 k40.4 k52.4 k65.8 k31 k30.3 k19.8 k59.5 k

Current Assets

31.7 k52.8 k52.8 k67.4 k73 k79.2 k97.5 k119.9 k129.9 k

Total Assets

31.7 k52.8 k52.8 k67.4 k73 k79.2 k97.5 k119.9 k129.9 k

Accounts Payable

409 192
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.1 k8.8 k7.7 k8.3 k8 k7.9 k12.9 k12.2 k11.5 k
GBPY, 2016

Revenue/Employee

630

Financial Leverage

1.3 x
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Globoforce News and Updates

‘Meaningful work’ to be the key driver of a positive employee experience

The final driver of a more human workplace is work-life balance and opportunities to recharge and disconnect.
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