Loading organizations...
Based in San Francisco, California, 15Five operates a strategic performance management platform that provides human resources software for employee engagement, goal tracking, and manager coaching. The company utilizes a software-as-a-service subscription business model to deliver a suite of administrative tools, encompassing 360-degree performance reviews, continuous feedback mechanisms, and structured one-on-one meeting agendas. Furthermore, the software integrates generative artificial intelligence and custom analytics to equip human resources departments with data-driven insights aimed at improving workforce productivity and overall staff retention rates. Operating across three corporate offices, the enterprise currently employs a workforce of 240 individuals to support its expanding operations and educational services. The platform serves a client base of over 3,000 organizations, providing technology solutions to notable corporate customers such as Credit Karma, Spotify, and Pendo. 15Five was founded in 2011 by David Hassell and Nazar Ivaniv.
15Five has raised $94.4M across 6 funding rounds.
15Five has raised $94.4M in total across 6 funding rounds.
15Five is a performance management software company that builds an AI-powered platform to enhance employee engagement, performance, and retention. It serves HR leaders, managers, and organizations by providing tools like 360° performance reviews, engagement surveys, goal tracking, manager coaching, 1-on-1 check-ins, and compensation insights—all integrated into the flow of work.[1][2][4] The platform solves key HR challenges, such as scattered data, biased reviews, low manager effectiveness, and high turnover, by delivering predictive analytics, actionable recommendations, and seamless HRIS integrations to drive measurable business results.[3][5][6] With over 3,000 customers and a focus on human-centered leadership, 15Five has shown strong growth through continuous platform expansions, including AI enhancements and strategic dashboards.[5][8]
15Five emerged as a software development company in California, with 201-500 employees, centered on transforming traditional performance management.[1] While specific founder details are not detailed in available sources, the company originated from a vision to accelerate human-centered leadership, combining technology with education, services, and community support for managers.[2] Early traction likely built on core tools like weekly check-ins and feedback mechanisms, evolving into a comprehensive platform with generative AI, custom analytics, and advanced features like predictive turnover models and data platforms for millions of employee interactions.[7][9] Pivotal moments include robust data infrastructure development for analytics and recent 2024 updates positioning it as an HR strategic command center.[7][8]
15Five rides the wave of AI-augmented HR tech, addressing the shift from annual reviews to continuous, data-driven people management amid rising demands for employee retention in hybrid work environments.[4][5][8] Timing is ideal as market forces like talent shortages, DEI pressures, and analytics maturity favor platforms that predict risks and empower managers—15Five's predictive models and integrations align with this, influencing the ecosystem by standardizing "performance in the flow of work."[2][7] It shapes broader adoption by bridging HRIS gaps, fostering human-centered cultures, and enabling over 3,000 companies to scale engagement, reducing regrettable turnover in competitive tech and beyond.[5][6]
15Five is poised to expand as the strategic HR command center, with upcoming enhancements likely in AI depth, global compliance, and deeper business intelligence integrations. Trends like advanced ML for personalized coaching and total rewards transparency will propel growth, evolving its influence from tactical tools to enterprise-wide people analytics leaders. As AI unifies more workforce data, 15Five will amplify human-centered leadership, sustaining momentum in a thriving performance management market—empowering businesses to turn insights into enduring impact.[8]
15Five has raised $94.4M across 6 funding rounds. Most recently, it raised $52.0M Series C in July 2022.
15Five has raised $94.4M in total across 6 funding rounds.
15Five's investors include Connor O'Keefe, ACME Capital, B Capital Group, DCM, Kindred Ventures, Kleiner Perkins, Origin Ventures, Uncork Capital, Winklevoss Capital, YLEM, Jason Wang, Mark Goines.
