Reflektive, a San Francisco, CA-based real-time performance management cloud company, raised $60m in Series C funding.
The round was led by TPG Growth, with participation from existing investors Andreessen Horowitz and Lightspeed Venture Partners. In conjunction with the funding, Brian Dunlap of TPG will join Reflektive’s board of directors.
The company will use the proceeds to invest in R&D to grow its cloud-based platform of people management solutions, to double its engineering team and expand go-to-market strategies worldwide across customer segments and industry verticals.
Led by Rajeev Behera, CEO, Reflektive offers a suite of core performance management applications for managers and employees to provide real-time feedback, set and manage goals, and conduct regular check-ins to improve engagement, skills development, and strategic alignment. The platform integrates with frequently used tools such as Slack, Gmail, and Outlook, enabling people to incorporate feedback and goal alignment into their day-to-day workflows.
The company serves more than 400 clients worldwide including AAR, Blue Origin, Comcast, Dollar Shave Club, Healthgrades, Instacart, Wavemaker Global, and Protective Life.