# People Mesh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/people-mesh

- Industry: Software
- Headquarters: San Jose, US
- Website: www.mesh.ai
- Total disclosed funding: $19M
- Latest round: Series A (Mar 5, 2022)
- Investors on record: 5

## About

People Mesh, Inc., based in San Jose, CA, is a performance management platform founded in 2020 that leverages AI-driven insights to enhance employee performance and facilitate continuous improvement for organizations.People Mesh, Inc. operates a performance management platform that aids organizations in optimizing employee performance. Founded by Gaurav Chaubey and Saurabh Nangia, the company has undergone significant growth since its inception in 2020. As of March 5, 2022, it raised USD 10.64 mn in a Series A funding round, led by RTP Global, with participation from Y Combinator and Surge. The total amount raised by the company now stands at USD 10.64 mn, with a current valuation of USD 59.291 mn.Mesh AI provides a comprehensive suite of tools focused on performance management, including goal tracking, 360-degree reviews, continuous feedback mechanisms, and 1:1s. These features are designed to streamline performance processes and promote transparency in feedback dialogues. The platform serves various sectors, particularly human resources and corporate management, and is available across North America, Europe, and Asia, catering to organizations seeking to enhance their performance management strategies.Mesh AI's revenue model is based on subscription agreements for access to its performance management platform. Clients subscribe to various plans tailored to their specific needs, which may include additional features or services. The primary revenue stream comes from these subscription transactions, positioning the firm in the B2B market with a focus on developing long-term partnerships and providing ongoing support and updates for its clients.Following the Series A funding round completed on March 5, 2022, People Mesh, Inc. plans to utilize the USD 10.64 mn raised to expand its geographic reach and operational capabilities. The company is targeting new markets in North America, Europe, and Asia to further extend its platform's accessibility. Additionally, it aims to develop and launch new product features designed to enhance its performance management offerings, ensuring that it meets the evolving needs of its clientele.

## Funding rounds

- Series A, Mar 5, 2022, $11M — Y Combinator, RTP Global, Surge
- Seed, Jul 20, 2021, $5M — Y Combinator, RTP Global, Surge, Emles Venture Partners
- Seed, Mar 3, 2021, $3.3M — Y Combinator, Liquid 2 Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Seed, Series A
- Surge (https://capitalatlas.ai/funds/surge) — Seed, Series A
- Emles Venture Partners (https://capitalatlas.ai/funds/emles-venture-partners) — Seed