-47%

est. 2Y upside i

HR TechSeries C

Performance management platform for employee engagement and development

Rank

#3130

Sector

HR Technology / Performance Management

Est. Liquidity

~3Y

Data Quality

Data: Low

15Five is a solid mid-market performance management platform but faces intense competition.

Last updated: March 21, 2026

Bull (20%)+100%

Kona AI coaching differentiates. $80M+ ARR. Acquired by Workday/SAP at 8-10x.

Base (50%)+30%

$60M ARR. Acquired at 5-7x ($300-420M). Decent from implied ~$300M val.

Bear (30%)-40%

Lattice/Culture Amp dominate. HRIS vendors embed. Stalls below $55M.

Est. time to liquidity~3.0 years
Adjusted for competitive dynamics: 18% (raw: -47%, adjustment: -5%)

Preference Stack Risk

moderate

$98.1M raised; manageable at reasonable exit.

Dilution Risk

moderate

No funding since 2022; may need bridge.

Secondary Liquidity

none

No secondary.

R&D — 3 roles

Revenue Organization — 3 roles

G&A — 1 role

View all 7 open roles at 15Five →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on 15Five's data — designed to show you've done your homework.

  • 1

    “Revenue trend and growth plan?”

  • 2

    “Lattice competitive positioning?”

  • 3

    “Board exit timeline?”

Cluster Peers

Expected Upside

WorkBoard
-25%
15Five
-47%
Leapsome
-75%

Community

Valuation Sentiment

Our model estimates -47% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.