Lattice
Financial Performance
Lattice Revenue & Financials
Revenue
$127.1M (FY2024, unaudited)
Employees
750
What is Lattice's revenue?
Lattice had $127.1M (unaudited) in revenue for fiscal year 2024.
- Latest revenue
- $127.1M (FY2024, unaudited)
- Years of data
- 3
- Employees
- 750
- How many employees does Lattice have?
- Lattice has about 750 employees.
Financial Analysis
Lattice is privately held and does not publish revenue, profit, or ARR. Its disclosed funding history includes a $60 million Series E in March 2021 that made it a unicorn and a $175 million Series F in January 2022 from Thrive Capital, Elad Gil, Tiger Global and Dragoneer at a $3 billion valuation. No later priced round has been announced, so the $3 billion figure reflects 2022 private-market conditions rather than a current market value. Revenue comes from annual per-employee subscriptions, so growth depends on adding customers, selling more modules, and customers' own headcount.
Revenue Trend Analysis
Trend
Not enough comparable years
Lattice has 3 full fiscal year figures on this page. There are not enough consecutive, comparable fiscal years to measure a trend.
Annual revenue history
| Fiscal Year | Revenue | YoY Change | Source |
|---|---|---|---|
| FY2024unaudited | $127.1M | — | Industry estimate |
| FY2023unaudited | $91.2M | — | Industry estimate |
| FY2022unaudited | $60M | — | Industry estimate (Forbes Cloud 100) |
Click any row to see year details.
Keep researching Lattice
Lattice Revenue and Financial FAQ
What is Lattice's annual recurring revenue (ARR)?
Lattice has not publicly disclosed its revenue or ARR. Third-party estimates vary widely and are not confirmed by the company.
Who are the major venture capital and institutional investors backing Lattice?
Disclosed Lattice investors include Y Combinator, Thrive Capital, Tiger Global, Dragoneer, and Elad Gil, along with returning backers and angel investors.
What was the capital structure of Lattice's $175 million Series F funding round?
In January 2022, Lattice closed a $175 million Series F from Thrive Capital, Elad Gil, Tiger Global and Dragoneer, tripling its valuation to $3 billion about ten months after its $60 million Series E.
What are Lattice's primary operating cost drivers?
Lattice's largest operating expense is software engineering and AI research talent, followed by enterprise sales and marketing teams, cloud hosting infrastructure on AWS, and customer success support operations.
Is Lattice planning an Initial Public Offering (IPO)?
Lattice is widely considered a prime candidate for a future technology Initial Public Offering (IPO), having recruited seasoned public-company executives, including CEO Sarah Franklin, to prepare for public market readiness.
How does macroeconomic tech hiring volatility impact Lattice's revenue?
Because Lattice bills on a per-seat basis, tech industry hiring freezes and layoffs can moderate seat expansion within existing accounts, which Lattice mitigates by diversifying across healthcare, financial services, retail, and professional service sectors.
Is Lattice a unicorn?
Yes, massively. In January 2022, during the absolute peak of the Silicon Valley tech boom, Lattice raised a staggering $175 million Series F round (led by massive firms like Thrive Capital and Tiger Global). This shot their private valuation to a massive $3 billion, officially crowning them as one of the absolute most valuable private HR tech companies on Earth.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Lattice Revenue & Financials." CorpDigest, https://corpdigest.com/company/lattice/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Lattice reported $127.1M as its latest revenue figure (2024, unaudited, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/lattice/financials" target="_blank" rel="noopener">CorpDigest — Lattice financials</a></div>Related Financial Audits
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