Lattice Triples Valuation to $3B, Raises $175M in Series F Funding Round

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“This new funding is a vote of confidence in Lattice’s belief that the world is ready for a new generation of people management products that put the interests of employees first,” Altman said. “Employees have more choice than ever before, and they exercise this agency to choose jobs that meet their expectations for growth and fulfillment. Companies that embrace this and build their people management systems with success of their employees at the center are those who will thrive in the new world of work.”

The new funding round was also joined by existing investors Founders Fund, HighSage Ventures, Shasta Ventures, Fuel Capital, Khosla Ventures and several new angel investors. The new investment brings Lattice’s total funding to more than $330 million.

The importance of people strategy has taken center stage as the world of work continues to emphasize the importance of the employee with greater emphasis on their growth, development and well-being. -be holistic. This trend, accelerated by the pandemic, represents a shift in how organizations support and empower their employees.

“We’ve seen a few big trends come together in recent years — the rise of remote work, the changing role of HR — that have fueled the HR market,” said Elad Gil, Entrepreneur and Investor. “Lattice’s approach of creating a broad range of interconnected offerings has resonated and led to truly exciting growth.”

HR strategy is no longer just a concern of HR departments – attracting, developing and retaining top talent should be a company-wide effort to best achieve business goals. As more companies adopt hybrid and remote working models, building a strong company culture is also becoming increasingly complex.

With over six years of experience in the area of ​​performance management and employee growth, Lattice has proven that human resources strategy plays a major role in a company’s business success. Since its inception in 2015, Lattice has grown its team to over 485 employees, an increase of over 150% year over year, and serves over 3,700 companies, including Slack, Asana and Samsara.

About the network

Lattice is the people management platform that empowers people leaders to build engaged, high-performing teams. By combining continuous performance management, employee engagement, development and growth in a single solution, HR and People teams get powerful, real-time analytics that lead to actionable insights that turn managers into leaders, employees high performers and companies in the best places. to work. Situated at San Francisco, Lattice serves more than 3,700 customers, including Slack, Cruise, and Reddit, and has been ranked #1. 22 on Inc.’s 2020 list of the 5,000 fastest growing private companies. Learn more about Lattice by visiting: www.lattice.com.

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