Mesh, a Performance management startup has raised $11 million in Series A funding. This funding round was led by RTP Global. 

The fresh funding capital will be utilized in enabling Mesh to focus on building a global team for further expansion in the US market and APAC markets. 

The HR-tech startup, Mesh was co-founded by Gaurav Chaubey, Saurabh Nangia, and Rahul Singh in the year 2020. The company has observed 16 times growth in revenue generation since it was founded.

The startup facilitated its employees to manage goals, share feedback, and run one-on-ones. Companies are forced to administer traditional performance reviews that rely on top to bottom feedback.

The startup has deployed 50 employees across four countries. They provide the offerings like equity ownership, unlimited time offs, learning allowances etc.

EXECUTIVE OPINION:

Saurabh Nangia, Co-founder and CEO, Mesh, added, “We are delighted with the consistent support and appreciation we have received from our investors and early customers. Last year, we solved for the key unmet needs of our customers. This year we’re excited to double down on enhancing user love and expanding further in global markets. We're building a truly multi-generational company that will continue to reimagine how people perform and grow in the ever-changing future of work.”

Gaurav Chaubey, Co-founder and CRO, Mesh, said, “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.”

 “Last year, we backed Mesh based on the strength and the vision of the team. Since then, the team has executed really well to not only onboard stellar customers but also delight users. Leading this round was a no-brainer for us and we are thrilled for this continued partnership as Mesh builds a distinctive brand around the future of work," stated Madhur Makkar, RTP Global.