Lattice builds a people-management platform focused on performance reviews, feedback, praise, goal-setting and tracking, engagement surveys, career development tools and analytics. The product is aimed at desk-based knowledge workers rather than front-line, deskless employees. Its customer base includes 3,550 businesses (up more than 1,000 since the prior round) and is heavy on tech companies such as Slack, Turo and Clio, which comprise roughly half of users. The company has expanded its functionality in recent years from performance management to engagement and career tools, and plans to keep building and expanding its platform. Lattice’s leadership has signaled potential future moves into more traditional HR tools and selective AI-based automation when useful to improve work performance. Lattice provides a people management platform that combines continuous performance management, employee engagement, development, and growth tools into one solution. The platform gives HR and people leaders real-time analytics and actionable insights to help managers, employees, and companies. Led by CEO and co-founder Jack Altman, the company serves over 2,500 customers, including Slack, Cruise, and Reddit. Lattice has a team of over 225 employees and is headquartered in San Francisco, CA. The company plans to use recent funding to continue growth, advance its product offerings, and explore international opportunities. Its recent valuation and funding progress reflect expanding market adoption and investment in scaling its product and reach. Lattice offers a people-management platform that helps organizations set goals, run reviews, give and receive feedback, deliver praise, and track what employees are working on. Its product integrates with tools like Slack and feeds milestones into an analytics engine to inform reviews and manager/employee visibility. The company reported roughly 1,900 customers (up from 1,400 in October) whose sizes generally range from 50–1,500 employees, and Lattice itself employs around 200 people. Lattice is exploring longer-term opportunities in AI to better manage productivity, though CEO Jack Altman says seamless AI tracking of work activity is at least five years away. The platform competes with pure-play services such as BetterWorks and 15Five and with broader HR suites like Workday that integrate performance management. Lattice builds a SaaS platform for employee performance, feedback and engagement, offering tools for performance reviews, one-on-one agendas, praise, and goal/OKR tracking. The company has expanded its product suite with Lattice Engagement and Lattice Pulse to deliver real-time insight into employee sentiment and culture. Lattice charges roughly $100 per user per year and primarily sells to small and medium-sized businesses, including customers such as Glossier and Asana and roughly 1,400 others. The startup reports paying users have swelled to 160,000 and it doubled headcount this year. Management plans to keep adding products and functionality and to sell over time to larger enterprises while investing in sales and marketing. Lattice offers a flexible, consumer-inspired SaaS platform for HR teams to run continuous performance reviews, engagement surveys, feedback, one-on-ones and OKR-style goal tracking. The product is designed to feel modern (inspired by Gmail and Slack) and to replace annual check-ins with more frequent, weekly touchpoints. It caters to both startups and larger businesses and emphasizes a look-and-feel that makes incumbent HR platforms feel antiquated. Lattice is used by high-growth customers including Reddit, Slack, Coinbase and Glossier. The company reports 1,200 customers, 60 employees and reached cash-flow break-even in Q1 2019. With the new financing, Lattice plans to invest in product development to improve performance review workflows and related features.

Total raised

$323M

Funding rounds

6

Latest round

Series F

Latest activity

Jan 2022