Mesh said it plans to use the funding to expand its presence across the US and Asia-Pacific (APAC) regions. It is also looking to increase its headcount across engineering and sales. Mesh currently has around 50 employees in India and the US.
Last year,
Mesh raised $ 5.1 million as a part of its seed round led by Sequoia India’s accelerator programme Surge. The round also saw participation from RTP Global, Y Combinator Continuity Fund and Emles Venture Partners.
Founded in 2020 by Gaurav Chaubey, Saurabh Nangia and Rahul Singh, San Jose-headquartered Mesh is a software-based performance management and HR tech platform that helps companies ease performance reviews for remote working environments.
“Mesh helps modern companies scale a culture of real-time performance and growth conversations across peers, managers and teams. Our vision is to enable 30 million people to achieve their full potential at work by 2030,” said Mesh cofounder Chaubey in a statement.
Mesh is currently used by around 1,000 teams across five continents. Its clients include homegrown social media platform ShareChat; fintech company Cred; online brokerage firm Groww; and software platform Pipefy. It recently added crypto exchange CoinDCX and Grand Thronton to its customer portfolio.
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With the Covid pandemic forcing many to work remotely, companies that offer performance management software have gained prominence. Mesh competes with the likes of Lattice, Reflektive and Kazoo, among others.
