Xexec
Xexec is a UK-based employee engagement and benefits SaaS platform serving UK employers across enterprise and SMB segments. Its EngagementOS platform integrates discounts, benefits administration, reward & recognition, wellbeing, salary sacrifice, and analytics under the Reward Gateway | Edenred brand following a 2021 PE acquisition.
- Company typePrivate
- Founded2002
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Xexec does
Xexec is a UK-based employee engagement and benefits platform founded in 2002, headquartered in London, serving UK employers across enterprise, mid-market, and small business segments. Its core offering is the EngagementOS platform, a unified employee value proposition (EVP) system that brings together employee discounts (with 900+ retailer partnerships), employee benefits administration, reward and recognition, wellbeing content, internal communications and surveys, total reward statements, and engagement analytics. The platform supports salary sacrifice schemes (SmartTech, Cycle to Work, Holiday Trading, Car Benefit) and integrates with employer HR systems under ISO 27001 certification.
In May 2021, Xexec received a majority stake investment from Castik Capital and Abry Partners, with stated intent to accelerate growth through innovation and expand US presence. Following this investment, Xexec's product suite has been delivered under the Reward Gateway | Edenred brand, integrating Xexec into a broader global benefits ecosystem that includes Edenred Childcare Vouchers, Public Social Programmes, and Employee Assistance Programme capabilities.
The company operates a B2B SaaS model with employer customers, monetising through subscription-based access to the EngagementOS platform and its modules. With 51-100 employees and no publicly disclosed pricing or revenue figures, Xexec occupies a mid-stage scale position in the UK employee engagement market. Leadership consists of co-founders Saul Meyer (CEO) and Jacqueline Benjamin (co-CEO), who have remained in place across the 2021 ownership transition. The platform's broad module coverage, retailer network, and Edenred ecosystem access form the structural basis of its competitive positioning.
Xexec firmographics
Firmographics- Name
- Xexec
- Website
- https://xexec.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Xexec is a UK-based employee engagement and benefits SaaS platform serving UK employers across enterprise and SMB segments. Its EngagementOS platform integrates discounts, benefits administration, reward & recognition, wellbeing, salary sacrifice, and analytics under the Reward Gateway | Edenred brand following a 2021 PE acquisition.
- Ownership category
- akta.pro rank
Xexec industry classification
Industry- Product category
- Employee Engagement Software
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Compensation, Benefits & Total Rewards Advisory (BPACAJAG)
- akta.pro secondary industry
- Digital Employee Experience (DEX) & IT Experience Management (ITXM) Platforms (HDAEALAL)
Keywords
Where Xexec is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Xexec business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Xexec product offering
Product offeringCore offering
Xexec (now branded under Reward Gateway | Edenred) operates as an employee engagement and customer loyalty solutions provider, selling EngagementOS — a unified employee engagement platform that consolidates employee benefits, discounts, reward & recognition, wellbeing, internal communications, surveys, total reward statements, salary sacrifice schemes, and analytics into one automated system for organisations. Targeted offerings also exist for small businesses, supported by a mobile app experience and ISO 27001-certified HR system integrations.
Product overview
Xexec, acquired by Castik Capital and Abry Partners in 2021, operates as an employee engagement and customer loyalty solutions provider now branded under Reward Gateway | Edenred. The product architecture consists of EngagementOS as the core unified platform, supplemented by integrated modules including Employee Discounts, Employee Benefits, Reward & Recognition, Employee Wellbeing, Internal Comms & Surveys, Total Reward Statement, and Engagement Analytics. Additional modules cover Salary Sacrifice Schemes (SmartTech, Cycle to Work, Holiday Trading, Car Benefit), Public Social Programmes, Select Digital Reward, Employee Assistance Programme, and Edenred Childcare Vouchers. The platform is offered in variants for enterprise and small business, with tools including an ROI Calculator.
Differentiator
Problem solved
Functional benefit
Products and services
- EngagementOS (Engagement Operating System) Central employee engagement platform that brings an employer's Employee Value Proposition (EVP) together in one system, supporting every employee moment with targeted communications, real-time feedback, analytics, mobile experience, total reward statements, discounts, benefits, reward & recognition, wellbeing and salary sacrifice modules. Targeted at organisations across mid-market and enterprise segments.
- For Small Business Simplified platform variant of the engagement operating system designed for small teams, providing powerful employee engagement tools targeted at smaller organisations.
Companies that use Xexec
Customer profileIdeal customer profiles1 record
Xexec technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Xexec partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights5 records
Xexec competitors and assessment
Company assessmentDirect peers
- Bucketlist: Employee recognition and rewards platform enabling culture-driven recognition with experiential rewards. Smaller direct competitor to Xexec's Reward & Recognition module with overlapping go-to-market in the mid-market.
- Kudos: Employee recognition and engagement platform focused on culture, peer recognition, and analytics. Directly comparable to Xexec's recognition offering with smaller scale and similar mid-market positioning.
- Workhuman: Global leader in employee recognition (formerly Globoforce), providing social recognition, monetary rewards, and analytics. Directly comparable to Xexec's Reward & Recognition module with stronger AI personalization and global enterprise presence.
- Bonusly: Employee recognition and rewards platform enabling peer-to-peer recognition with monetary rewards and analytics. Directly competes with Xexec's Reward & Recognition module in the mid-market segment.
- Perkbox: UK-based employee perks, wellbeing, and engagement platform offering similar discounts, recognition, benefits, and wellbeing modules. Direct competitor to Xexec in the UK mid-market and enterprise HR buyer segment.
Broad incumbents
- HiBob: Modern HRIS platform for mid-market companies increasingly embedding engagement, recognition, and wellbeing features. Adjacent competitor as core HR suites expand downstream into the engagement category Xexec operates in.
- Virgin Pulse: Global employee wellbeing, rewards, and engagement platform serving large enterprises. Overlaps with Xexec across discounts, recognition, and wellbeing modules with much broader international reach and corporate wellness depth.
- Reward Gateway: Now combined with Xexec under Reward Gateway | Edenred; broader employee engagement platform with larger product suite, established recognition brand, and meaningful international footprint across UK, Australia, and the US.
- Edenred: Global benefits and engagement solutions giant and parent of Reward Gateway | Edenred. Provides the corporate voucher, prepaid, and digital services platform that Xexec's employee discounts and benefits modules integrate with and extend.
- Sodexo Benefits & Rewards Services: Global benefits and rewards arm of Sodexo Group, providing employee benefits vouchers, engagement, and recognition solutions across multiple geographies. Comparable in module breadth but materially larger in scale and geographic footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Xexec social profiles
Digital presenceXexec compliance and trust
Trust signalCompliance1 record
Xexec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xexec leadership team
Management profileNumber of profiles
Profiles2 records
Xexec funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xexec 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 Xexec
What does Xexec do?
Xexec (now branded under Reward Gateway | Edenred) operates as an employee engagement and customer loyalty solutions provider, selling EngagementOS — a unified employee engagement platform that consolidates employee benefits, discounts, reward & recognition, wellbeing, internal communications, surveys, total reward statements, salary sacrifice schemes, and analytics into one automated system for organisations. Targeted offerings also exist for small businesses, supported by a mobile app experience and ISO 27001-certified HR system integrations.
Is Xexec a public or private company?
Xexec is a private company. It is classified as private equity controlled and is currently operating.
When was Xexec founded?
Xexec was founded in 2002. It employs 51 to 100 people.
Where is Xexec based?
Xexec is headquartered in London, United Kingdom, in the Europe region.
Who are Xexec's main competitors?
Direct peers on record are Bucketlist, Kudos, Workhuman, Bonusly and Perkbox. Broad incumbents are HiBob, Virgin Pulse, Reward Gateway, Edenred and Sodexo Benefits & Rewards Services.
Does Xexec have an API?
No public API is recorded for Xexec.
What industry is Xexec in?
Xexec's product category is Employee Engagement Software. Its primary akta.pro industry code is BPACAJAG, Compensation, Benefits & Total Rewards Advisory, with a secondary code of HDAEALAL, Digital Employee Experience (DEX) & IT Experience Management (ITXM) Platforms. Its SIC code is 7372.