We’re excited to announce that today, Lattice was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America for the third time, ranking 613 overall (#95 in California and #72 in Software).
This annual list represents the top .007% of companies in terms of overall business growth, and in a time of global challenges – the ongoing pandemic, supply chain issues, social and labor unrest, inflation, to name just a few – we are extremely proud of the hard work our team has done to keep Lattice growing and successful.
“The past couple of years have been incredibly volatile, and we've undergone a major transition from in-office to remote and hybrid work. The result is that the relationship between employees and companies has meaningfully changed, and businesses need to adopt modern, people-centric approaches to the way they do management,” said Jack Altman, CEO and co-founder of Lattice. “We’re so thrilled to be recognized on the Inc. 5000 again this year as a testament not just to our business growth, but to the critical importance of what we empower our customers to do every day: Build cultures designed around people success.”
The Inc. 5000 is an annual review of private American companies and represents a unique look at the most successful companies within the economy’s most dynamic segment—its independent businesses. A number of industry-defining brands including Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many others gained their first national exposure as honorees on the Inc. 5000.
This honor comes on the heels of Lattice making the Forbes Cloud 100 for the first time, along with other culture- and growth-focused accolades including ranking highly on Great Place to Work and Fortune’s Best Workplaces, Best Workplaces in the Bay Area, and Best Workplaces for Millennials lists.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
To earn a spot on the competitive list, a company must be US-based, privately held, and bring in a minimum annual revenue of $2M or more. Growth is measured in terms of revenue and employee growth – and as the HR sector has become more crowded and employee expectations around what makes up a people-centric culture continue to rise, Lattice’s continued success required dedication, collaboration, and alignment of the entire team behind a shared goal: making work meaningful.
Lattice has had a significant year of momentum ahead of this exciting recognition: As of July, Lattice serves over 4,500 customers and has more than doubled its headcount from this time last year. Lattice closed out 2021 reporting over 110% year-over-year ARR growth, and in January 2022, the company closed its Series F fundraising round at $175 million led by Tiger Global, bringing the company valuation to more than $3 billion.
Complete results of the Inc. 5000, including methodology, company profiles, and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc.
Lattice is a people management platform that enables companies to make work meaningful for their employees. Interested in learning how Lattice might benefit your company? Consult with our team or request a demo.