← Embedded Finance Index 2026

Lattice

“Can a performance-management SaaS become the full people-and-pay platform for mid-market companies, taking share from Rippling and Gusto?”

Founded2015
HQSan Francisco, California, United States
FoundersJack Altman, Eric Koslow
Latest roundSeries F (2022)
Valuation~$3B (2022)
IndustryHorizontal SaaS / HR & Payroll

The story

Lattice launched in 2015 as a performance-review tool for startups, backed by YC and Thrive. Riding the HR-SaaS wave, Tiger Global led consecutive rounds that pushed it from ~$200M (2019) to ~$3B (2022). The strategic pivot came in 2024 with Lattice Payroll — Lattice is no longer just performance software but a full people platform (HRIS + Talent + Payroll), putting it in direct competition with Rippling, Gusto, and BambooHR.

Last 12 months

2024-06

Launched Lattice Payroll with W-4 onboarding, time tracking, payslips, and AI anomaly detection.

Product timeline

2015

Founded by Jack Altman and Eric Koslow as a performance management tool.· launch

2019

Series C at ~$200M valuation led by Tiger Global.· funding

2020

Series D at ~$400M valuation; expands into broader people management.· funding

2024

Launched Lattice Payroll, an end-to-end payroll product integrated into its HRIS and Talent Suite.· launch

The stack

1 layer disclosed in Lattice’s embedded-finance stack

Payroll

Lattice Payroll (in-house)

Accounting gap: minor

Lattice — frequently asked

Which payroll provider does Lattice use?

Lattice's payroll is powered by Lattice Payroll (in-house).

Who founded Lattice?

Lattice was founded by Jack Altman and Eric Koslow and is founded in 2015, headquartered in San Francisco, California, United States.

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