What is 15Five?
Founded in 2011 and headquartered in San Francisco, California, 15Five develops sophisticated employee engagement and performance management software tailored for organizations worldwide. The platform is designed to foster a culture of continuous feedback, goal alignment, and employee development, enabling businesses to enhance productivity and retention. 15Five's comprehensive suite addresses key aspects of the employee lifecycle, from onboarding to performance reviews, positioning it as a vital tool for modern enterprises seeking to optimize their human capital.
How much funding has 15Five raised?
15Five has raised a total of $94.1M across 5 funding rounds:
Angel/Seed
$1M
Angel/Seed
$2.2M
Series A
$8.2M
Series B
$30.7M
Series C
$52M
Angel/Seed (2012): $1M with participation from Richmond Global and 500.com
Angel/Seed (2014): $2.2M led by Matrix Partners and Point Nine
Series A (2018): $8.2M supported by Launch Fund, New Ground Ventures, Matrix Partners, Chaifetz Group, and Origin Ventures
Series B (2019): $30.7M featuring Next47
Series C (2022): $52M backed by Edison Partners, Matrix Partners, Point Nine, Quad Partners, Next47, Origin Ventures, New Ground Ventures, and ServiceNow
Key Investors in 15Five
Matrix Partners
Matrix Partners is a venture capital firm that has invested in 15Five's early-stage funding rounds. Their focus often includes technology and software companies, providing strategic backing for growth.
New Ground Ventures
New Ground Ventures is a venture capital firm specializing in early-stage investments across various industries, including software. They have participated in 15Five's Series A and Series C funding rounds, indicating a belief in the company's long-term potential.
Next47
Next47 is a global venture capital firm that invests in companies driving technological innovation. Their involvement in 15Five's Series B and Series C rounds suggests a strategic interest in scaling enterprise software solutions.
What's next for 15Five?
With the recent major strategic investment, 15Five is poised for accelerated growth and innovation. The company is likely to focus on enhancing its platform capabilities, expanding its market reach, and potentially exploring strategic partnerships. This capital infusion signals strong investor confidence in 15Five's business model and its potential to capture a larger share of the rapidly evolving HR technology market. Future developments may include deeper integrations with other enterprise systems and advanced analytics to provide even greater insights into employee performance and engagement.
See full 15Five company page
