# 15Five

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/15five

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.15five.com
- Total disclosed funding: $100M
- Latest round: Series C (Jun 15, 2022)
- Investors on record: 13

## About

15Five, Inc., based in the US, develops a performance management platform that enhances employee engagement, streamlines performance reviews, and fosters a culture of feedback within organizations.Founded in 2011, 15Five, Inc. is a performance management platform headquartered in San Francisco, US. The company was created to provide organizations with tools to enhance employee engagement and performance. Nazar Ivaniv is the founder, while David Hassell serves as the CEO. In June 2022, 15Five raised USD 52 mn in Series C funding led by Quad Partners, bringing the total amount raised to USD 52 mn, with a current company valuation of USD 487.221 mn. The funding supported the company's ongoing growth initiatives.15Five offers a comprehensive performance management platform designed to improve employee engagement, performance, and retention. Its principal services include performance reviews, engagement surveys, and manager enablement tools. The platform leverages AI-driven insights to provide managers with actionable data, enhancing a feedback-rich environment. With over 3,000 clients globally, primarily small and medium-sized enterprises across North America, Europe, and Australia, the platform serves HR professionals, team leaders, and employees, improving performance tracking and feedback mechanisms.15Five operates on a subscription-based revenue model, allowing organizations to access its platform through annual or monthly plans. This structure promotes predictable revenue and long-term client relationships. The company's offerings, including the Perform and Engage modules, are available through tiered pricing plans tailored to organizational needs, facilitating scalability as businesses grow.In June 2022, 15Five secured USD 52 mn in Series C funding, which will be utilized for research and development, accelerating the integration of software with coaching, and expanding into new markets. The company plans to enhance its product offerings and target additional geographic regions to broaden its customer base in the next few years.

## Funding rounds

- Series C, Jun 15, 2022, $52M — Edison Partners, Matrix Partners, Quad Partners, N47, Origin Ventures, Point Nine, New Ground Ventures
- Series B, Jun 17, 2019, $30M — Matrix Partners, N47, Origin Ventures, Point Nine, LAUNCH, New Ground Ventures, Chaifetz Group, Bling Capital
- Series A, Dec 4, 2018, $8.2M — Matrix Partners, Origin Ventures, LAUNCH, New Ground Ventures, Chaifetz Group
- Series A, Sep 28, 2018, $6.1M — Origin Ventures
- Seed, Oct 2, 2014, $2.2M — Matrix Partners, Point Nine, Slow
- Seed, Jan 15, 2013, $1M — Richmond Global Ventures, 500 Global, Point Nine

## Investors

- Richmond Global Ventures (https://capitalatlas.ai/funds/richmond-global-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series B, Series C
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Seed, Series A, Series B, Series C
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Origin Ventures (https://capitalatlas.ai/funds/origin-ventures) — Series A, Series B, Series C
- LAUNCH (https://capitalatlas.ai/funds/launch) — Series A, Series B
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series A, Series B, Series C
- Chaifetz Group (https://capitalatlas.ai/funds/chaifetz-group) — Series A, Series B
- N47 (https://capitalatlas.ai/funds/n47) — Series B, Series C
- Bling Capital (https://capitalatlas.ai/funds/bling-capital) — Series B
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series C
- Quad Partners (https://capitalatlas.ai/funds/quad-partners) — Series C