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Lattice
Enterprise Software
Lattice is a San Francisco-based people management platform provides tools for ongoing performance reviews, one-on-one check-ins, goals, and employee engagement surveys.
$2.24B
+$10.11
1,519.86%
30 days ago
$0.67
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Lattice was founded in 2015 by Jack Altman and Eric Koslow, based on the observation that traditional annual performance review processes at most companies, often conducted using clunky spreadsheets or generic HR software not specifically designed for ongoing performance management, had become widely criticized by both managers and employees as infrequent, backward-looking, and disconnected from more continuous, real-time feedback and goal-setting practices that many management experts had increasingly argued would better support employee development and performance than a single formal review conducted once or twice a year. Lattice's platform provides tools for more continuous performance management, including structured one-on-one meeting templates that encourage regular manager-employee check-ins beyond only formal annual review cycles, goal-setting and OKR (objectives and key results) tracking tools that let employees and managers track progress toward specific goals throughout the year rather than only at review time, and employee engagement survey tools that give HR and company leadership ongoing visibility into employee sentiment and engagement rather than relying only on infrequent, less timely feedback mechanisms. The company has positioned its platform as helping companies build a more continuous, development-focused performance management culture rather than the more punitive, backward-looking annual review process that has drawn significant criticism from HR and management thought leaders in recent years, while still providing the structured documentation and tracking that HR teams need for more formal processes like compensation decisions and performance improvement plans. Lattice's customers span growing companies across many industries seeking to modernize performance management and employee engagement practices beyond legacy annual review processes, particularly technology companies and other growth-stage businesses that have been early adopters of more continuous, development-focused performance management philosophies. The company has raised substantial venture funding from investors including Thrive Capital, Tiger Global, and Alkeon Capital, reaching a valuation exceeding $3 billion, competing with other performance management platforms including Culture Amp and 15Five.
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