Performance Management SaaS Startup Mesh Raises $11M In Series A Funding
Mesh, a performance management startup, has raised $11 million in a Series A funding round led by RTP Global.
As per the startup, the freshly raised capital will primarily enable Mesh to focus on building a global team for further expansion in the US and APAC markets.
Mesh | Performance Management Platform
Co-founded by Gaurav Chaubey, Saurabh Nangia, and Rahul Singh in 2020, Mesh is an HRtech startup that helps modern companies scale a culture of real-time performance and growth conversations across peers, managers, and teams.
The performance management startup makes it easy for employees to manage goals, share feedback, and run one-on-ones. It comes with features like goal management, peer recognition & feedback conversations, automated goal-based recognition, behavioural analytics & predictive insights and many more.
Speaking about the development, Saurabh Nangia, Co-founder and CEO of Mesh, said,
“We are delighted with the consistent support and appreciation we have received from our investors and early customers. Last year, we solved for the key unmet needs of our customers. This year we’re excited to double down on enhancing user love and expanding further in global markets. We’re building a truly multi-generational company that will continue to reimagine how people perform and grow in the ever-changing future of work.”
Since its inception, Mesh has observed 16x revenue growth. The US and Gurugram-based platform has gained prominence across industries in Southeast Asia and the US, with upcoming plans to further expand in APAC and the US.
Mesh has grown to a team of almost 50 employees spread across four countries. Currently, the startup manages a wide pool of modern soon-to-be unicorns and unicorns across sectors, including Groww, ShareChat, CRED, Pipefy, and others.
Prior to this round, the performance management startup had raised a seed funding of $5.1 million in 2021.
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