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PerformYard - About the company

PerformYard is a series A company based in Arlington (United States), founded in 2013 by Ben Hastings. It operates as an AI-driven performance management software for streamlined reviews, goals, and feedback. PerformYard has raised $98M in funding from Center for Innovative Technology. The company has 248 active competitors, including 19 funded and 13 that have exited. Its top competitors include companies like Explorance, KPIsoft and StandOut.

Company Details

AI-driven performance management software for streamlined reviews, goals, and feedback. It provides a comprehensive suite of tools designed to cultivate a high-performance culture within organizations. The platform simplifies performance reviews using AI writing assistance and summaries, formalizes review processes and check-ins, and offers robust reporting and analytics for data-driven decision-making. It facilitates goal management, continuous feedback, and employee engagement through meetings and custom surveys. Integrations with existing HRIS, SSO, and communication platforms streamline the user experience. It offers solutions for annual reviews, goal check-ins, feedback, competency-based reviews, and more, catering to various industries. The software helps streamline employee reviews, goal setting, feedback collection, and overall engagement, reducing the burden on HR and improving the employee experience. It is a SaaS platform that offers features like login, subscription, and pricing plans.
Social
X
Registered Address
Arlington, Virginia
Key Metrics
Founded Year
2013
Location
Arlington, United States
Stage
Series A
Total Funding
$98M in 2 rounds
Latest Funding Round
Ranked
Employee Count
123 as on Aug 31, 2026
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PerformYard's funding and investors

PerformYard has raised a total funding of $98M over 2 rounds. Its first funding round was on Jan 15, 2014. Its latest funding round was a Series A round on Dec 20, 2023 for $*****. 1 investor participated in its latest round. PerformYard has 5 institutional investors.

Here is the list of recent funding rounds of PerformYard:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 20, 2023
3999396
Series A
9281274
2308980
8191295
8345227
Jan 15, 2014
6120769
Seed
9347282
1549670
1393282
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PerformYard's founders and board of directors

Founder? Claim Profile
The founders of PerformYard is Ben Hastings. Ben Hastings is the CEO of PerformYard.
Here are the details of PerformYard's key team members:

PerformYard's Board of Directors

PerformYard's board has 2 active members. Carter Griffin and Benjamin Hastings are independent board members.
Here is the list of PerformYard's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
2y 8m
vjavhac
Independent board member
-
Current
4y 6m

PerformYard's employee count trend

PerformYard has 123 employees as of Aug 26. Here is PerformYard's employee count trend over the years:
Employee count trend for PerformYard
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PerformYard's Competitors and alternates

Top competitors of PerformYard include Explorance, KPIsoft and StandOut. Here is the list of Top 10 competitors of PerformYard, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Explorance
Explorance
2003, Montreal (Canada), Acquired
Learning assessment and feedback management platform for educational institutions and enterprises
$19.6M
55/100
2nd
Logo for KPIsoft
KPIsoft
2006, Chennai (India), Acqui-Hired
Performance management solution for business
-
47/100
3rd
Logo for PerformYard
PerformYard
2013, Arlington (United States), Series A
AI-driven performance management software for streamlined reviews, goals, and feedback
$98M
43/100
4th
Logo for StandOut
StandOut
2006, Beverly Hills (United States), Acquired
Strengths-based talent development solutions for individuals, teams, and organizations
$5M
42/100
5th
Logo for Activated Insights
Activated Insights
2017, Dallas (United States), Acquired
Provider of tools for senior-care businesses for feedback management
-
-
41/100
6th
Logo for Plecto
Plecto
2012, Viby (Denmark), Seed
Performance management for teams
$2.34M
39/100
7th
Logo for Fizzback
Fizzback
2004, London (United Kingdom), Acquired
AI-based employee performance and voice of the customer solutions for the businesses
$7.4M
38/100
8th
Logo for AskHumans
AskHumans
2023, Washington, DC (United States), Seed
Platform designed to help organizations by facilitating communication and feedback collection
$125K
38/100
9th
Logo for ESM Software
ESM Software
2001, Boston (United States), Acquired
Cloud-based platform for employee performance management
-
-
37/100
10th
Logo for Udex Software
Udex Software
2017, Los Gatos (United States), Unfunded
Performance and feedback management platform for enterprises
-
-
36/100
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PerformYard's Investments and acquisitions

PerformYard has made no investments or acquisitions yet.

Reports related to PerformYard

Here is the latest report on PerformYard's sector:

News related to PerformYard

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•
Performance Review Platform Lands $95MHrtechfeed•Jan 18, 2024•PerformYard
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