PerkSpot
- Company typePrivate
- Founded2006
- HeadquartersChicago, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
PerkSpot firmographics
Firmographics- Name
- PerkSpot
- Legal name
- PerkSpot
- Website
- https://perkspot.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
PerkSpot industry classification
Industry- Product category
- Employee Benefits Software
- akta.pro primary industry
- Price Comparison, Deals, Cashback & Loyalty Shopping Platforms (BPAMAGAH)
Keywords
Where PerkSpot is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PerkSpot business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Merchant Commissions & Transaction Fees: PerkSpot generates revenue through commissions from merchant partners when employees redeem discounts. Employers pay nothing for the platform - the business model is funded through negotiated revenue share arrangements with retail, travel, and service merchants who gain access to PerkSpot's employee member base.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | No-cost employer platform |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
PerkSpot product offering
Product offeringCore offering
PerkSpot operates a no-cost employee discount platform that aggregates exclusive savings across 25+ shopping categories (travel, electronics, groceries, restaurants, entertainment, apparel, insurance) for employees of partner organizations. The platform is sold to employers as a voluntary benefit and monetized through negotiated commissions with retail, travel, and service merchants. Employees access offers via web portal, native iOS/Android apps, and a Chrome browser extension that applies coupon codes automatically at checkout.
Product overview
PerkSpot is an employee discount program platform that aggregates exclusive savings across 25+ categories (travel, electronics, groceries, restaurants, entertainment, apparel, insurance, and more) for employees of partner organizations. The core PerkSpot Platform serves as the unified hub where employees discover, access, and redeem discounts, powered by personalization features that tailor recommendations. PerkSpot Travel, built in partnership with Hopper Travel Services (HTS), is the platform's flagship feature, offering hotel, flight, and rental car booking with loyalty rewards (PerkPoints). The offering also includes native mobile apps (iOS/Android) and a Chrome browser extension that surfaces coupon codes in real time during online shopping. Client success, analytics reporting, and engagement strategy resources round out the service for employer clients.
Differentiator
Problem solved
Functional benefit
Products and services
- PerkSpot Employee Discount Platform All-in-one employee discount platform delivering exclusive savings across 25+ categories (travel, electronics, groceries, restaurants, entertainment, apparel, insurance) to employees of partner employers. Built for HR leaders and benefits managers seeking a no-cost voluntary benefit. Includes personalization features that tailor discount recommendations to individual users.
- PerkSpot Travel Closed User Group travel booking platform offering exclusive pricing on 600K+ hotels, flights, rental cars, vacation packages, and attractions, with the PerkPoints loyalty rewards program for hotel bookings. Powered by Hopper Travel Services (HTS) technology and supply.
- PerkSpot Mobile App
Quantifiable outcome
- Southwest Airlines employees achieve average monthly savings of $110,000+ with 85% participation rate
- +4 more outcomes
Companies that use PerkSpot
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles2 records
PerkSpot technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability1 record
Feature4 records
PerkSpot partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Hopper Travel ServicescoreStrategic partnership with Hopper Travel Services (HTS) for complete redesign of PerkSpot Travel. HTS provides technology, supply depth, and service expertise. The new platform offers 600K+ hotel options with loyalty rewards (PerkPoints). Additional categories including flights, rental cars, vacation rentals, and packages planned.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
PerkSpot competitors and assessment
Company assessmentDirect peers
- Reward Gateway: Global employee engagement and benefits platform offering employee discounts, recognition, and wellbeing programs to employers. Directly comparable to PerkSpot's employee discount platform across overlapping HR-buyer personas and merchant-funded economics.
- ThrivePass: Employee benefits platform offering lifestyle spending accounts, discounts, and stipends to employers. Closely comparable to PerkSpot on employee discount marketplace model and HR-led B2B sales motion.
- Wellable: Employee wellbeing and rewards platform providing discounts and perks to employer client bases. Directly comparable to PerkSpot in target buyer (HR leaders), delivery mechanism (employee-facing portal), and merchant-funded economics.
- Blueboard: Employee rewards and recognition platform offering curated experiences and perks to enterprise workforces. Comparable on the employee engagement use case but differentiated toward experiential rewards rather than broad consumer discounts.
- Working Advantage: Long-standing employee discount program offering deals on shopping, travel, and entertainment to corporate, association, and college-affiliated members. Directly comparable to PerkSpot on the closed-user-group discount model and association channel.
- BenefitHub: Voluntary benefits and discount marketplace serving employers with an employee-facing savings platform. Closely comparable to PerkSpot on target customer, content breadth across categories, and merchant-funded revenue model.
- Corporate Perks: Employee discount and corporate perks platform serving employer clients with deals across shopping, travel, and services. Directly comparable on the no-cost-to-employer model and merchant-funded economics.
Broad incumbents
- Virgin Pulse: Large-scale employer wellbeing and engagement platform that bundles discounts, wellness, and benefits into a single platform. Broader and more vertically integrated than PerkSpot, but overlaps heavily on the employee-discount and voluntary-benefits surface area.
- Benefitfocus: Established benefits administration and marketplace platform serving large employers and carriers. Competes with PerkSpot indirectly by aggregating voluntary benefits, though Benefitfocus is more oriented to enrollment and benefits infrastructure than curated consumer discounts.
- Limeade: Employee experience platform focused on engagement, wellbeing, and inclusion. Overlaps with PerkSpot in the employee engagement segment sold to HR leaders but extends into broader wellbeing software rather than primarily discount aggregation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PerkSpot social profiles
Digital presencePerkSpot financial estimates
Financial estimateRevenue estimate
Valuation estimate
PerkSpot leadership team
Management profileNumber of profiles
Profiles17 records
PerkSpot funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PerkSpot M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PerkSpot
What does PerkSpot do?
PerkSpot operates a no-cost employee discount platform that aggregates exclusive savings across 25+ shopping categories (travel, electronics, groceries, restaurants, entertainment, apparel, insurance) for employees of partner organizations. The platform is sold to employers as a voluntary benefit and monetized through negotiated commissions with retail, travel, and service merchants. Employees access offers via web portal, native iOS/Android apps, and a Chrome browser extension that applies coupon codes automatically at checkout.
Is PerkSpot a public or private company?
PerkSpot is a private company. It is classified as venture growth investor backed and is currently operating.
When was PerkSpot founded?
PerkSpot was founded in 2006. It employs 51 to 100 people.
Where is PerkSpot based?
PerkSpot is headquartered in Chicago, United States, in the North America region.
How does PerkSpot make money?
One revenue line is on record: merchant Commissions & Transaction Fees.
Who are PerkSpot's main competitors?
Direct peers on record are Reward Gateway, ThrivePass, Wellable, Blueboard, Working Advantage, BenefitHub and Corporate Perks. Broad incumbents are Virgin Pulse, Benefitfocus and Limeade.
Does PerkSpot have an API?
No public API is recorded for PerkSpot.
What industry is PerkSpot in?
PerkSpot's product category is Employee Benefits Software. Its primary akta.pro industry code is BPAMAGAH, Price Comparison, Deals, Cashback & Loyalty Shopping Platforms.