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Funding
Lattice reaches unicorn status with a USD 60 million Series E funding round
Remote Work Infrastructure
Mar 23, 2021
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Remote Work Infrastructure

Remote Work Infrastructure

Mar 23, 2021

Lattice reaches unicorn status with a USD 60 million Series E funding round

Funding

  • Lattice, an employee engagement platform, announced that it raised USD 60 million in a Series E funding round led by Tiger Global. The round valued the company at USD 1 billion. It included participation from existing investors Thrive Capital, Shasta Ventures, Founders Fund, and Frontline Ventures.

  • The round brings total funding to USD 158 million, with the fresh funds funneled toward product development, introducing new offerings, and expanding to new markets. The company claims it doubled in size over 2020 to a customer base of more than 2,500 as a result of the growing number of distributed teams due to the Covid-19 pandemic. 

  • Founded in 2015, the platform provides a complete offering for HR managers to monitor and review employee progress while also gaining insight into employee job satisfaction. The company aims to facilitate and foster a positive culture for its clients by aligning company and employee goals. 

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