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Benchmark Winner SupplyPike: On the Scene

2 min read

SupplyPike is more than a workplace; it’s a community, says co-founder and CEO Dan Sanker.

The supply chain and invoicing software firm started in 2018 and has quickly become a standout in the tech industry – so much that it attracted a new owner: SPS Commerce Inc. The Minneapolis company recently bought SupplyPike for $206 million, according to Arkansas Business reporting.

Known for its innovative solutions and strong commitment to employee growth and well-being, SupplyPike in Rogers operates with a flexible-first environment that emphasizes work-life integration, allowing employees to work when and where they are most effective.

“Success means addressing our customer’s pain points with innovative solutions while empowering each individual in our company to do their best work,” says Sanker. “We celebrate autonomy and creativity.”

Officials say employee engagement is crucial. Weekly company lunches, monthly events and networking happy hours promote camaraderie. Birthdays and personal milestones are celebrated with handwritten cards, gift cards and public recognition.

The company’s culture is reflected in its diverse leadership team and employee resource groups, such as Black at SupplyPike, SupplyPride and the Female Collective.

For talent attraction, the company engages with local universities and participates in speaking events targeting Generation Z and millennial demographics. Retention efforts include career development opportunities, flexible schedules and unlimited paid-time off, as well as comprehensive health insurance, including fully paid maternity and paternity leave and 24/7 virtual and behavioral health resources. Employees can also participate in an employee stock ownership plan and a qualifying point system that rewards engagement with exclusive prizes.

The company fosters community through weekly catered lunches, monthly events like in-office massages and manicures, and networking happy hours. Additionally, SupplyPike supports local initiatives, allowing employees to engage in community service during business hours without losing pay.

By the Numbers

  • 125 employees (medium category)
  • 9% voluntary turnover rate
  • $206 million acquisition price by SPS Commerce*
  • 140% — 3-year average annual revenue growth*
  • $25 million Series B funding raised in 2022*
*Arkansas Business reporting
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