Globoforce

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.

Company Growth (employees)
Type
Private
HQ
Southborough, US
Founded
1999
Size (employees)
412 (est)+2%
Globoforce was founded in 1999 and is headquartered in Southborough, US

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

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

Globoforce Financials and Metrics

Summary Metrics

Founding Date

1999

Total Funding

$9.3 m

Latest funding size

$9.3 m

Time since last funding

about 13 years

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 £223.5 k in FY, 2016 which is a 6% decrease from the previous period.
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

409192
    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
      Show all financial metrics

      Globoforce's Web-traffic and Trends

      Globoforce Online and Social Media Presence

      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.

      Globoforce Company Life and Culture

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