What is Lattice?
Established in 2015 and headquartered in San Francisco, California, Lattice operates within the software industry, providing a comprehensive people management platform. Its core offerings focus on enhancing employee engagement and streamlining performance tracking, critical functions for modern organizations aiming to foster a productive and motivated workforce. The platform's ability to integrate these two key areas positions Lattice as a valuable tool for businesses seeking to optimize their human capital management strategies.
How much funding has Lattice raised?
Lattice has raised a total of $326.6M across 7 funding rounds:
Series A
$6.4M
Series B
$15M
Series C
$25M
Debt
$150K
Series D
$45M
Series E
$60M
Series F
$175M
Series A (2017): $6.4M with participation from Thrive Capital
Series B (2019): $15M, investors not publicly disclosed
Series C (2019): $25M supported by Tiger Global
Debt (2020): $150K featuring PPP
Series D (2020): $45M backed by Tiger Global, Frontline Ventures, Fuel Capital, Y Combinator, Thrive Capital, Founders Fund, and Khosla Ventures
Series E (2021): $60M with participation from Frontline Ventures, Fuel Capital, Tiger Global Ltd, Thrive Capital, Founders Fund, Shasta Ventures, and Khosla Ventures
Series F (2022): $175M led by Fuel Capital, Dragoneer Investment Group, Shasta Ventures, Khosla Ventures, Elad Gil, Tiger Global Management, Highsage Ventures, Thrive Capital, and Founders Fund
Key Investors in Lattice
Tiger Global
Tiger Global is a significant investment firm known for its broad investment scope across various sectors. Their participation in Lattice's funding rounds suggests a belief in the company's growth potential within the enterprise software market.
Frontline Ventures
Frontline Ventures is a venture capital firm focused on ambitious B2B businesses, with a presence in both Europe and the US. Their investment in Lattice indicates a strategic interest in the HR technology space and companies poised for international expansion.
Fuel Capital
Fuel Capital is a technology-focused private equity investment management firm with extensive experience in China and globally. Their involvement suggests a strategic alignment with Lattice's growth objectives and market penetration strategies.
What's next for Lattice?
With a history of substantial capital injections, including its latest Series F round in January 2022, Lattice is well-positioned for continued expansion and product development. The company's strategic funding rounds, often involving major venture capital firms, indicate a trajectory towards scaling operations, enhancing its platform's capabilities, and potentially exploring new market segments. The consistent backing from prominent investors suggests confidence in Lattice's business model and its potential to lead the people management software sector.
See full Lattice company page
