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.
- Website
- www.performyard.com/
- 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
Investors
Ranked
3rd among 248 active competitors
Employee Count
123 as on Aug 31, 2026
Similar Companies
Legal entities associated with PerformYard
PerformYard is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PERFORMYARD, INC. CIN: 462984782 , United States, Active | Dec 26, 999 | - | 84 (As on Dec 31, 2024) | - |
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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 |
View details of PerformYard's funding rounds and investors
PerformYard's founders and board of directors
Founder? Claim ProfileThe founders of PerformYard is Ben Hastings. Ben Hastings is the CEO of PerformYard.
Here are the details of PerformYard's key team members:
- Ben Hastings: Founder & CEO of PerformYard.
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 |
View details of PerformYard's Founder profiles and Board Members
PerformYard's employee count trend
PerformYard has 123 employees as of Aug 26. Here is PerformYard's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Explorance 2003, Montreal (Canada), Acquired | Learning assessment and feedback management platform for educational institutions and enterprises | $19.6M | 55/100 | |
2nd | Performance management solution for business | - | 47/100 | ||
3rd | PerformYard 2013, Arlington (United States), Series A | AI-driven performance management software for streamlined reviews, goals, and feedback | $98M | 43/100 | |
4th | StandOut 2006, Beverly Hills (United States), Acquired | Strengths-based talent development solutions for individuals, teams, and organizations | $5M | 42/100 | |
5th | Activated Insights 2017, Dallas (United States), Acquired | Provider of tools for senior-care businesses for feedback management | - | - | 41/100 |
6th | Performance management for teams | $2.34M | 39/100 | ||
7th | Fizzback 2004, London (United Kingdom), Acquired | AI-based employee performance and voice of the customer solutions for the businesses | $7.4M | 38/100 | |
8th | AskHumans 2023, Washington, DC (United States), Seed | Platform designed to help organizations by facilitating communication and feedback collection | $125K | 38/100 | |
9th | ESM Software 2001, Boston (United States), Acquired | Cloud-based platform for employee performance management | - | - | 37/100 |
10th | Udex Software 2017, Los Gatos (United States), Unfunded | Performance and feedback management platform for enterprises | - | - | 36/100 |
Looking for more details on PerformYard's competitors? Click here to see the top ones
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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PerformYard Launches New Meetings Product: A Smarter Approach to 1:1sRad AI•May 13, 2025•PerformYard
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PerformYard lands $95M to grow its staff performance management platformYahoo•Jan 09, 2024•PerformYard, Updata
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