Lattice, the leading people management platform for businesses with people-first cultures, today announced a new valuation of $1 billion after having raised a $60 million round, led by Tiger Global. The new funding round was led by Tiger Global and joined by existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and several new angel investors. The new investment brings Lattice’s total funding to $158 million.
“Lattice is firing on all cylinders,” said Co-Founder and CEO Jack Altman. “We’re growing the team, launching new products, and expanding into new geographies. This capital gives us the opportunity to pursue our goals much more ambitiously and to provide better solutions for our customers as they evolve their people strategy to meet today’s needs.”
With over six years of experience in the performance management and employee growth space, Lattice has proven that people strategy plays a leading role in a company’s business success. Since its founding in 2013, Lattice has grown its team to over 225 employees and serves more than 2,500 businesses including Slack, Asana, and Samsara. Over the course of 2020, the company has doubled in size due to the increased focus of people-centric thinking in businesses.
Announcement: Lattice Raises $60M for People Platform