Lattice’s Valuation Climbs to $1 Billion With Series E Round
San Francisco – April 8, 2021 – Cooley advised Lattice, a people management platform for businesses with people-first cultures, on its $60 million Series E financing round, which brings its valuation to $1 billion. Cooley partner Peter Werner led the team advising Lattice.
Tiger Global led the round, which also included participation from existing investors Shasta Ventures, Founders Fund, Frontline Ventures, Fuel Capital and Khosla Ventures and several new angel investors. Lattice will use the new capital to continue its rapid growth, advance its product offerings and explore international opportunities.
"Lattice is firing on all cylinders," Jack Altman, Lattice's CEO and co-founder, said in a news release. "We're growing the team, launching new products and expanding into new geographies. This capital gives us the opportunity to pursue our goals much more ambitiously and to provide better solutions for our customers as they evolve their people strategy to meet today's needs."
With more than six years of experience in the performance management and employee growth space, Lattice has proven that people strategy plays a leading role in a company's success. Since its founding in 2013, Lattice has grown its team to 225+ employees and serves more than 2,500 businesses. Over the course of 2020, the company doubled in size due to the increased focus of people-centric thinking in businesses.
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