Lattice Updates

Lattice Raises $15 Million Series B From Shasta Ventures

April 26, 2019

We’ve got some exciting news to share! Lattice has raised $15 million in Series B funding, led by Shasta and joined by Thrive and Khosla Ventures. We’ve come a long way since we started in spring 2016, but there’s a lot more ahead of us than behind us.

We’ve always believed that great company cultures are a meaningful competitive advantage. When a company’s culture is strong, employees are more productive, they stay longer, and business operations are more aligned toward the organization’s objectives. Healthier cultures also simply means happier people.

Lattice started out as a performance management platform. We built modern tools so companies could build better practices around employee feedback, performance reviews, goal setting, and general people management. We called this set of products Lattice Performance.

Last year we got started on our second product area, Lattice Engagement. A team spent the better part of a year building employee engagement surveys to help companies understand how their employees are feeling at a detailed level.

As we’ve added more products to our suite of people management tools, we’ve seen compounding benefits for our customers. Insights become richer when fueled by data across the employee lifecycle, employees get a unified experience, and we can provide better software at a lower cost.

Today we proudly serve well over 1,000 customers and we’re starting to see the power of connecting all these different aspects of people management.

As we look ahead with a fresh round of funding our aspiration to build the first complete people management platform remains unchanged. You can expect to see us continue to ship great new products that extend and build upon our existing suite.

This capital will allows us to accelerate as we build the first unified people management platform. We’ve got a team of thoughtful, caring, and ambitious humans, and we’re doubling the team this year(we’re hiring!).

On behalf of all of us at Lattice, we want to give a big thanks to our customers, partners, investors, and families for all the support along the way. We can’t wait for what’s next!

- Jack and Eric