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← Embedded Finance Index 2026

15Five

“Can a performance-management SaaS become the strategic command center for HR by layering AI coaching on top of engagement, review, and compensation data?”

Founded2011
HQSan Francisco, California, United States
FoundersDavid Hassell
Total raised~$90M+
Latest roundSeries C, 2022
IndustryHorizontal SaaS / HR & Performance Management
The story

Founded 2011 by David Hassell as a lightweight weekly check-in tool ('15 minutes to write, 5 to read'). Over the 2010s, expanded into a full continuous performance management suite (reviews, OKRs, 1-on-1s, engagement surveys). Post-2022 Series C, pivoted upmarket into mid-market/enterprise HR and layered AI on top (Amaya, Kona AI Coach, AI-assisted reviews). No embedded finance ambitions — 15Five is a pure HR/performance SaaS that explicitly positions itself as 'distinct from HRIS/payroll'.

Last 12 months
2026-02
2026-07
Product timeline
2011
Founded as a weekly check-in tool for managers and employees· pivot
2018
Raised $8.2M Series A to expand performance management platform· banking
2022
Raised $52M Series C led by Quad Partners; expanded into manager coaching and engagement· banking
2024
Launched Compensation module tying pay to performance data· pivot
2025
Launched Kona AI Coach and 15Five Agents (AI-powered workflows)· pivot
2026
Launched Growth Studio module for talent planning and 9-box matrix· pivot
Acquisitions
Kona2024
AI meeting assistant and manager coach for 1-on-1s
Emplify2021
Employee engagement survey platform, now rebranded as 15Five Engage
The stack
3 layers disclosed in 15Five’s embedded-finance stack
Payments / PSP
StripeZuora
Unified APIs
in the full report
Accounting
in the full report
Accounting gap: none
28 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

15Five — frequently asked

Who is 15Five's payment processor?

15Five processes payments through Stripe and Zuora.

Which accounting software does 15Five integrate with?

15Five integrates with ADP Workforce Now, BambooHR, Dayforce, Deel, Google Workspace, Hibob, Justworks, Namely and 18 others.

What is 15Five's embedded finance stack?

The Embedded Finance Index 2026 maps 3 layers in 15Five's stack: Payments / PSP (Stripe and Zuora); Unified APIs (Merge and Truto); Accounting (ADP Workforce Now, BambooHR, Dayforce, Deel and 22 others).

Who founded 15Five?

15Five was founded by David Hassell and is founded in 2011, headquartered in San Francisco, California, United States.

How much funding has 15Five raised?

15Five has raised ~$90M+ in total (latest round: Series C, 2022).

What companies has 15Five acquired?

15Five's acquisitions include Kona (2024) and Emplify (2021).

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