- After an Ambitious Year of Growth, Lattice Opens Its First European Office in London With a Pledge to Invest $110 Million.
Lattice, the leading people management software platform for businesses with people-first cultures, announces its expansion to Europe. This announcement, which follows a year of strong business growth internationally, includes a new corporate office in London, an investment of $110 million in the UK over the next 10 years, and plans to hire 50-70 local team members across all go-to-market and support functions, including several executive roles, within the next year.
“It has always been our mission to help people everywhere make work meaningful – today, on the heels of achieving some exciting business growth, we’re thrilled to be able to double down on that promise to continue to support the HR and People leaders on a global scale,” said Jack Altman, CEO of Lattice.
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Before having a formal presence in Europe, Lattice served a growing portfolio of close to 400 international customers, which comprised over 12% of the company’s total revenue. The new team will offer stronger regional support to existing customers and partners across Europe which are an important and growing part of the business. This increase speaks to the continued trend of investment in employee-centric solutions to retain, engage, and develop employees in the new world of work.
“The balance of power in talent markets has shifted dramatically over the past few years and employees now have more choice than ever on where to work and who to work for,” said Brennan O’Donnell, Partner at Frontline Ventures, a Lattice Series E round investor. “Lattice is leading the way on what it means to build an employee-centric company for the cross-border and post-pandemic world of work.”
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The increased international momentum and focus on employee wellbeing and company culture reflect the escalating demand for businesses to re-examine their people management and engagement processes. A survey of Chief Human Resource Officers at some of Europe’s largest organizations, by McKinsey & Company, found more than 98% were thinking about how HR can shift from mechanistic skill and talent management to addressing the employee experience in a more targeted, dynamic way.
September is a landmark month for Lattice, the company will also host its 2021 Resources for Humans Virtual event on September 22nd featuring keynote speaker Serena Williams along with 40+ speakers from across the global HR and People community.
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