Lattice, a San Francisco, CA-based people management platform for businesses with people-first cultures, closed a $175m funding at $3 billion valuation.
Backers included Thrive Capital, Elad Gil, Tiger Global, and Dragoneer and 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 over $330m.
The company intends to use the funds to continue to expand operations and its business reach.
Led by CEO and co-founder Jack Altman, Lattice is a people management platform that enables people leaders to develop engaged, high-performing teams. By combining continuous performance management, employee engagement, development, and growth in one solution, HR and People teams get real-time analytics that leads to actionable insights turning managers into leaders, employees into high-performers, and companies into the best places to work. The company has over 3,700 customers including Slack, Cruise, and Reddit and a team of over 485 employees.
FinSMEs
19/01/2022