Fond Strengths, Domain Expertise, and Key Differentiators
Fond enables employees to send points to each other along with recognitions for hard work, major accomplishments, and more. Employees around the world use these points to redeem incredible rewards and corporate perks on the Fond platform. Fond Rewards points never expire, and unused points are returned to your company, even if an employee leaves or is dismissed.
Fond Perks is a corporate discount platform that provides employees around the world with instant access to discounts on hundreds of popular products and services. Employees can choose from categories like fitness, travel, and entertainment. With Fond, you no longer have to go through the process of manually negotiating with local vendors to get discounts for your workforce.
Fond Recent Developments
In April 2017, AnyPerk changed its name and rebrand to Fond. The rebranding presents a long term challenge and a minor risk for Fond's sales and go-to-market strategy. On the other hand, Value of employee recognition apps is as elusive as gamification in the workplace as companies place greater emphasis on establishing, standardizing and improving performance metrics continuously.
Fond Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Fond applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Fond and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Fond Rewards, Fond Perks customers.
Ownership: - x
Number of Employees: 60
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Fond Key Cloud and HCM Applications
Fond Rewards, Fond Perks
Fond HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2019||2020||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Fond Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Fond HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Fond HCM Applications Revenues By Verticals, $M:
Fond Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 HCM Applications Revenues, $M|
Fond Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Fond Customers - Breakdown by Geo, Size, Vertical and Product
No. of Fond Customers: 1000
No. of Fond HCM Applications Customers: 1000
No. of Fond Cloud HCM Customers: 1000
No. of Fond Cloud HCM Subscribers: x
FOND helps companies build cultures of appreciation and recognition, to over 1,000 companies across the U.S., knowing that happier and more engaged employees have a dramatic effect on a company's bottom line. Some of FOND current customers include Salesforce, Sephora, and Visa, plus hundreds of others.
Fond Market Opportunities, M&A and Geo Expansions
In December 2017, Fond opened up its Perks product to enable up to five family members to enjoy specially negotiated corporate discounts on hundreds of popular items! This benefit is available to all existing and future Premium Perks customers. Earlier, in April 2017, Fond launched an expanded suite of tools to help companies build and measure positive workplace cultures.
Fond Risks and Challenges
In April 2017, AnyPerk changed its name and rebrand to Fond. The rebranding presents a long-term challenge and a minor risk for Fond's sales and go-to-market strategy.
Fond Ecosystem, Partners, Resellers and SI
In February 2020, Fond expanded its international catalog to include an expansive selection of Japanese perks through a partnership with employee benefits provider, Relo Club. Through this partnership, Fond users will gain access to an exclusive subset of Relo Club perks spanning a wide variety of categories, ranging from dining to wellness to clothing and accessories. Fond does primarily direct sales.
Fond Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Fond Public Cloud and Infrastructure (IaaS)
- Fond Platform (PaaS)
- Fond Application Delivery
- Fond Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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