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- Lattice
Lattice Valuation, Funding & Investors
Lattice is valued at $3B as of January 2022.
Last Lattice valuation
$3B
Series F · Jan 2022
Last Lattice funding round
$175M
Series F · Jan 2022
Cumulative funding Lattice raised
$330M
across 9 funding rounds
Key investors in Lattice
Khosla Ventures
Thrive Capital
Tiger Global
Fuel Capital
Y Combinator
Founders Fund
About Lattice
Lattice is a San Francisco-based people management platform that combines continuous performance management, employee engagement, and development tools with real-time analytics to help HR and people teams build high-performing organizations. The platform serves thousands of customers, including Slack, Cruise, Reddit, Asana, and Samsara, and has expanded internationally with a London headquarters supporting its European operations.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$3B (Jan 2022)
Lattice Valuation
Lattice is currently valued at $3B, based on its Series F in January 2022.
The $175M round was led by Dragoneer and Thrive Capital, with participation from HighSage Ventures, Haystack, Khosla Ventures, Founders Fund, Tiger Global and 3 other investors.
Lattice's valuation has grown 15x from $200M at its Series C in October 2019 to $3B in January 2022, across 4 priced rounds.
Lattice valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series F | $3B |
| Mar 2021 | Series E | $1B |
| Jul 2020 | Series D | $400M |
| Oct 2019 | Series C | $200M |
Lattice Funding History
Lattice has raised a total of $330M across 9 funding rounds.
Lattice's first fundraising round was a $1M pre-seed round in September 2015. The most recent completed round was a $175M Series F in January 2022.
Lattice funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series F | Dragoneer (lead); Thrive Capital (lead); HighSage Ventures; Haystack; Khosla Ventures; Founders Fund; Tiger Global; Shasta Ventures; Elad Gil; Fuel Capital | $175M | $3B | Lattice is a San Francisco-based people management platform that combines continuous performance management, employee engagement, development, and growth into one solution, providing HR and People teams with real-time analytics to foster high-performing teams. The company serves over 3,700 customers including Slack, Cruise, and Reddit, and was ranked no. 22 on the 2020 Inc. 5000 Fastest Growing Private Companies list. On January 19, 2022, Lattice announced a $175 million Series F funding round led by Dragoneer Investment Group and Thrive Capital, with participation from Elad Gil, Tiger Global, and existing investors Founders Fund, Fuel Capital, Haystack, HighSage Ventures, Khosla Ventures, and Shasta Ventures, bringing total funding to over $330 million. The round tripled Lattice's previous valuation from $1 billion (achieved in its March 2021 Series E) to a post-money valuation of $3 billion, less than 10 months later. CEO and co-founder Jack Altman stated the additional capital would fuel rapid growth across industries and geographies while advancing product offerings amid a shift toward employee-centric people strategies accelerated by the pandemic. Lattice had added over 1,000 customers since March 2021, reaching north of 3,500 organizations. In support of European expansion, Lattice established a London headquarters in September 2021 and planned to invest around $110 million in the UK over the next decade. The funding reflects strong investor confidence in Lattice's positioning in the evolving world of work, where companies prioritize employee growth, development, and well-being to attract talent. Comparable players include Rippling, which raised at a $6.5 billion valuation, and Factorial, backed by Tiger Global. |
| Mar 2021 | Series E | Tiger Global (lead); Khosla Ventures; Frontline Ventures; Founders Fund; Shasta Ventures; Thrive Capital; Fuel Capital; Bossa Invest | $60M | $1B | Lattice is a San Francisco-based people management platform that combines continuous performance management, employee engagement, development, and growth into one solution, providing HR and People teams with real-time analytics to foster high-performing teams and improve company culture. The company serves over 2,500 customers including Slack, Cruise, Reddit, Asana, and Samsara, and was ranked no. 22 on the 2020 Inc. 5000 Fastest Growing Private Companies list. On March 23, 2021, Lattice announced it raised $60 million in a Series E funding round led by Tiger Global, with participation from existing investors Thrive Capital, Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, and new angel investors, bringing total funding to $158 million. This round valued the company at a post-money valuation of $1 billion, marking its unicorn status. CEO Jack Altman noted the company was already profitable with capital remaining from prior rounds but chose to raise to accelerate growth, expand the team, launch new products, and pursue international expansion amid shifts to hybrid and remote work models. |
| Jul 2020 | Series D | Tiger Global (lead); Y Combinator; Khosla Ventures; Frontline Ventures; Founders Fund; Thrive Capital; Fuel Capital; Bossa Invest | $45M | $400M | Lattice is a San Francisco-based people management platform that combines performance management, employee engagement, and employee development to provide real-time analytics for leaders building high-performing teams. It serves thousands of customers including Slack, Cruise, Reddit, KTGY, LiveRamp, and Coca-Cola Peninsula Beverages, focusing on desk-based knowledge workers in a shift toward employee-centric strategies amid remote work trends post-COVID-19. In February 2021, Lattice closed a $60 million Series E funding round led by Tiger Global, achieving a valuation of more than $1 billion; this followed prior rounds and brought total funding toward $330 million by early 2022. Investors in Lattice's funding history include Bossa Invest, Founders Fund, Frontline Ventures, Fuel Capital, Khosla Ventures, Thrive Capital, Tiger Global, and Y Combinator. By January 2022, a Series F raised $175 million at $3 billion valuation, expanding to 3,550 customers. Lattice demonstrated strong traction with over 100% year-over-year ARR growth exiting Q2 2021, more than 20% customer base increase in H1 2021, headcount doubling to over 300 since June 2020, and sales team achieving 101.5% ARR growth, 32% average deal size increase, and 126.5% quota attainment since July 2020. It ranked no. 22 on the 2020 Inc. 5000 Fastest Growing Private Companies list. |
| Oct 2019 | Series C | Tiger Global (lead) | $25M | $200M | Lattice is a people management platform founded in 2015 by Jack Altman and Eric Koslow that provides employee performance management, engagement, and development tools. The platform enables HR and people leaders to combine continuous performance management, employee engagement, development, and growth in one solution, offering real-time analytics to support managers and employees. In October 2019, Lattice closed a $25 million Series C funding round led by Tiger Global, valuing the company at approximately $200 million post-money. The round included participation from existing investors Thrive Capital, Shasta Ventures, Khosla Ventures, and the Slack Fund. At the time of the Series C, Lattice had doubled its headcount during 2019 and grown its paying user count to 160,000. The company had raised a total of $49.2 million in venture capital funding prior to this round. CEO Jack Altman stated that Lattice was not actively fundraising when Tiger Global approached with the investment, which included favorable terms. The capital was allocated to sales and marketing efforts and other growth initiatives as the company expanded its people management platform offerings. |
| Apr 2019 | Series B | Shasta Ventures (lead); Y Combinator; Khosla Ventures; Thrive Capital; Jacob Gibson | $15M | - | Lattice raised $15 million in its Series B funding round on April 26, 2019, led by Shasta Ventures with participation from Thrive Capital and Khosla Ventures. The company, founded in 2016, provides a people management platform including performance management and employee engagement surveys. At the time, Lattice served well over 1,000 customers. The funding supported acceleration of product development to build a unified people management platform and team doubling. Lattice planned to extend its suite of tools connecting employee lifecycle data for richer insights and better software. This round followed a Series A led by Thrive Capital in 2017. Subsequent rounds included a $25 million Series C in October 2019 led by Tiger Global at approximately $200 million valuation and a $45 million Series D in 2020 at $400 million valuation. |
| Jul 2017 | Series A | Thrive Capital (lead); SV Angel; Khosla Ventures | $6M | - | - |
| May 2016 | Seed | Thrive Capital (lead); Daniel Gross; SV Angel; Kevin Mahaffey; Khosla Ventures; Slack Fund; Alexis Ohanian; Elad Gil; Marc Benioff; Fuel Capital; Jacob Gibson | $3M | - | - |
| Mar 2016 | Pre-seed | Y Combinator (lead); Soma Capital | $100K | - | - |
| Sep 2015 | Pre-seed | SV Angel; Coughdrop Capital; Chris Howard; Marc Benioff | $1M | - | - |
Who has invested in Lattice?
23 investors have backed Lattice across its funding rounds, including Khosla Ventures, Thrive Capital, Tiger Global, Fuel Capital, Y Combinator and Founders Fund.
Lead investors include Dragoneer, Thrive Capital, Tiger Global, Shasta Ventures and Y Combinator.
Lattice Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Participant | May 2016 | ||
| 6 | Lead | May 2016 | ||
| 4 | Lead | Oct 2019 | ||
| 4 | Participant | May 2016 | ||
| 3 | Participant | Sep 2015 | ||
| 3 | Lead | Mar 2016 | ||
| 3 | Participant | Jul 2020 | ||
| 3 | Lead | Apr 2019 | ||
| 2 | Participant | Jul 2020 | ||
| 2 | Participant | May 2016 | ||
| 2 | Participant | Sep 2015 | ||
| 2 | Participant | May 2016 | ||
| 2 | Participant | Jul 2020 | ||
This data is available for Pro users. Sign up to see all 23 Lattice investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Lattice
Lattice has acquired 2 companies to date.
Last acquisition by Lattice was on August 19th 2026. Lattice acquired Pando for undisclosed valuation.
Latest Acquisitions by Lattice
| Description | Pando is a human resources platform that structures employee career progression through transparent career ladders. Founded in 2020 and San Francisco-headquartered, Pando addresses inequities in promotions by providing actionable frameworks that boost engagement and retention at www.pando.com. | Mandala is a belonging and well-being platform helping BIPOC individuals build resilience via self-compassion and social connection. |
| HQ Country | ||
| HQ City | San Francisco, CA | Boston, MA |
| Deal Date | 19 Aug 2026 | 30 Mar 2026 |
| Valuation | undisclosed | $1.3B |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Lattice acquisitions and their M&A valuation multiples. Start Free Trial | ||
Lattice Competitors
Lattice competitors include listed companies like TOTVS and Hilan, and private ones like Human Interest, Remote, HiBob and Factorial.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $200M | - | $3B | 15.0x | ||
| Private | - | - | $3B | - | ||
| Private | $400M | - | $3.2B | 8.0x | ||
| Private | $100M | - | $2.5B | - | ||
| Publicly listed | $1.1B | $318M | $3.8B | 3.2x | ||
| Publicly listed | $993M | $154M | $1.8B | - |
Lattice Public Comps
Lattice is still privately-owned, but its public comps include TOTVS, Workiva, Hilan, ATOSS Software, Freee, Teamshares, Nordtech Group, AdvancedAdvT, Beisen Holding and Zaggle Prepaid Ocean.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.1B | $318M | 3.9x | 3.2x | 13.7x | 12.1x | |||
| $885M | ($33M) | 4.5x | 4.0x | (120.8x) | 24.0x | |||
| $993M | $154M | 1.8x | - | 11.9x | - | |||
| $218M | $84M | 7.0x | 6.4x | 18.2x | 17.1x | |||
| $214M | $6M | 6.3x | 4.8x | 237.7x | 65.4x | |||
| $472M | ($23M) | 1.7x | 1.4x | (35.0x) | 33.2x | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $72M | $13M | 2.5x | 2.4x | 14.1x | 8.9x | |||
This data is available for Pro users. Sign up to see all Lattice competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lattice
| When was Lattice founded? | Lattice was founded in 2015. |
| Where is Lattice headquartered? | Lattice is headquartered in United States. |
| Is Lattice publicly listed? | No, Lattice is a private, VC-backed company. |
| What is Lattice's valuation? | Lattice was last valued at $3B in its Series F in January 2022. |
| How much funding has Lattice raised? | Lattice has raised $330M across 9 funding rounds. |
| What was Lattice's last funding round? | Lattice's last funding round was a $175M Series F in January 2022, led by Dragoneer and Thrive Capital. |
| Who are Lattice's investors? | Lattice's investors include Khosla Ventures, Thrive Capital, Tiger Global, Fuel Capital, SV Angel, Y Combinator, Founders Fund, Shasta Ventures, Frontline Ventures, Elad Gil and 13 others. |
| Which companies are comparable to Lattice? | Companies comparable to Lattice include Human Interest, Remote, HiBob, Factorial, TOTVS and Hilan. |
| How many companies has Lattice acquired? | Lattice has acquired 2 companies, including Pando and Mandala. |
| What was the largest acquisition by Lattice? | The $1.3B acquisition of Mandala in March 2026 is the largest acquisition Lattice has made to date. |
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