PERFORMANCE & FEEDBACK
Betterworks Raises $61M for its Performance Management and Engagement App
Betterworks announced a $61 million round of venture capital for its continuous performance management and employee engagement survey solution. This brings its total raised to $129.5 million. Betterworks, known as a provider of OKR-based continuous performance...
WorkBoard Raises $75 Million for OKR-based Performance Management in A Crowded Category Where One Size Never Fits All
WorkBoard announced a $75 million Series D round of venture capital for its OKR-based performance management app. This brings its total raised to $131 million. Performance management has moved away from forced rankings and annual reviews to more goal-based approaches...
Pathlight Raises $25 Million for Real Time Performance Management
Pathlight announced a $25 million Series B round of venture capital for its real-time performance management solution, largely focused on customer-facing teams. This brings its total raised to $34.2 million. Pathlight's solutions are focused on metrics-driven teams...
Lattice Raises $60 Million for Its Performance Management App and Becomes HR Tech Unicorn
Lattice announced a $60 million Series E Round of venture capital for its performance management app. This puts its total raised at $154 million. It also announced a new $1 billion valuation with the round, which edges the firm into "unicorn" territory. In its...
Israel-based Centrical Raises USD $32M For Performance Management, MicroLearning, and Gamification
Israel-based Centrical announced a USD $32 million round of funding for its performance management, microlearning, and gamification. Performance management and learning are two of the most saturated categories in HR technology. They are also two categories...
TREND NOTE: Ally Raises $50M for OKR-focused Performance Management Tech
Ally announced a $50 million Series C for its performance management tech focused on the Objectives and Key Results (OKR) method, bringing its total investment to $76 million. In its PR and CEO video (see links below) Ally touts 600 customers, 5x revenue growth (5...
Lattice Raises $45M Series D for Performance Management App
Lattice announced a $45 million Series D today. Lattice is a continuous performance management, feedback, and analytics app that also offers pulse surveys to measure employee engagement. In its press release Lattice states the funds will be used for further product...
UK-based StaffCircle Raises USD $828.3K Seed Round for Its Culture and Performance Management App
UK-based StaffCircle raised a USD $828.3K seed round for its culture survey and performance management app. In a press release Blackfinch Group, the VC, positioned the app as "an communications, performance and culture platform that enables companies to manage...
Betterworks Acquires Hyphen To Bring Its Employee Engagement Data Closer To Business Performance for The Middle Market
Betterworks, a provider of continuous performance management for the middle market, announced the acquisition of Hyphen a provider of employee enagagement surveys and " listening tools" for the middle market, in a move to better tie employee engagement to business...
Range Raises $6 Million For Its Team Productivity App
Rage joins a growing list of startups and market incumbents focused on making teams more productive in the workplace. They just announced a $6 million raise of VC. Yet another entry into employee communications and collaboration. It's one of the top global HR Tech VC...
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