People management firm Lattice hits £2.2bn valuation to boost global presence

Tuesday January 18, 2022 5:00 p.m.

People management platform Lattice announced a new $3bn (£2.2bn) valuation tonight after closing a $175m (£129m) funding round for strengthen its global presence.

Chief Executive and Co-Founder Jack Altman said the company decided to take on additional capital less than 10 months after closing a Series E funding round to continue fueling business growth across the board. sectors and geographical areas.

“This new funding is a vote of confidence in Lattice’s belief that the world is ready for a new generation of people management products that put the interests of employees first,” Altman said.

The London office opened in September 2021 with the firm’s commitment to invest $110m (£81m) in the region over 10 years. The office ended 2021 with 30 employees and plans to double its workforce by the end of 2022.

The UK team is also expanding office space and is currently looking for a new location.

Lattice has benefited from the evolution of HR following the remote working pandemic.


Source link