- Lattice achieves record global growth as people strategy becomes top priority for companies
- Companies looking to improve people practices and build a culture of success are turning to Lattice to help engage and grow employees and drive overall business performance.
Lattice , the leading people management platform for companies with people-first cultures, reported record growth in its 2021 summary report. This continued company momentum speaks of the significant market opportunity and demand for software that enables companies to build high-performing, engaged teams while providing people leaders with data-driven insights.
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In today’s rapidly changing world of work, identifying the tools and processes that will enable organizations to build, manage and grow high-performing teams should be an intentional part of any company’s overall people strategy.
“Over the past year, we have invested heavily in building a people management platform that is not only critical for companies focused on attracting and retaining top talent, but also gives every people leader visibility into their teams. to maximize employee awareness, support and growth,” said Jack Altman , CEO and co-founder of Lattice. “As a result, Lattice has become the essential tool for organizations that put people first.”
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As part of its record growth, Lattice has achieved several milestones, including:
Business Growth : In September 2021, Lattice officially expanded its international focus with a European headquarters in London, UK, supporting clients in more than 39 countries across Europe, the Middle East and Africa. Coming out of 2021, Lattice@ reported year-over-year global ARR growth of more than 110%. In addition, the company increased its customer base by more than 40%. Additionally, in January 2022, Lattice closed its Series F fundraising round at $175 million , pushing the company’s valuation to over $3 billion.
Employee Activity – As of January 2021, Lattice has grown its headcount to more than 480 employees, including more than 30 in London, representing a 150% year-over-year growth for the company since January 2021. Lattice also strengthened its leadership with senior hires in all departments. as a new member of the board of directors . In January 2022, Lattice received the Great Place to Work Certification™ .
Product Innovation – Throughout 2021, Lattice@ announced several products, including a new goal and OKR solution and a new compensation management solution. More recently, Lattice launched a series of new integrations with HRIS systems focused on EMEA associations. By year-end 2021, Lattice also ranked as the top Momentum leader in G2’s Winter Momentum Grid reports for performance management, employee engagement, OKR and career management. Lattice@ was also recognized in Fosway’s Talent and People Success 9-Grid.
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