Lattice Raises US$175 Million Dollars in Series F Funding

The workforce people management platform triples its valuation after only 10 months

Vrisha Phrabhakaran

21 Jan, 2022

Lattice Raises US$175 Million Dollars in Series F Funding | BEAMSTART News

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Lattice co-founder and CEO Jack Altman has decided to take on additional capital in less than 10 months after closing a Series E round in March 2021.

This is due to the company's significant growth after being acknowledged as a tool to survive the ‘Great Resignation’.

The platform keeps track of employees performances, goals and provides employees with opportunities to share their interests, ambitions and concerns surrounding their careers.

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The platform is also useful as hybrid and work-from-home trends continue during the pandemic.

Lattice provides employees and managers with a bridge to communicate as well as improve relationships out of the office.

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According to Altman, the pandemic provided a shift from company-centric to employee-centric.

This created a higher demand for tools to understand a company workforce better to maintain talent in the midst of the Great Recession.

Lattice plans on expanding its services and reach with the new funding to meet this growing demand post-pandemic.

Lattice now serves over 3,700 businesses including, Reddit, Slack and Cruise.

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