SaaS startup Mesh raises $11M in Series A led by RTP Global

• ByStartupStory     |    April 13, 2022

Mesh, a performance management firm, announced on Wednesday that it had raised $11 million in Series A funding from RTP Global. According to the official release, the new funds will be used to help Mesh focus on establishing a global team in order to expand further in the US and APAC regions.

Since its foundation in 2020, the HRtech business co-founded by Gaurav Chaubey, Saurabh Nangia, and Rahul Singh has seen a 16x increase in sales. Mesh, based in San Jose, California, creates social people intelligence solutions that help people and teams thrive faster. They’re accomplishing this by mixing social media, positive psychology, and machine learning. Mesh makes it simple for employees, especially in remote teams, to organize goals, track assignments, and communicate feedback.

Mesh enables modern businesses to expand a culture of real-time performance and growth discussions across peers, managers, and teams. Gaurav Chaubey, Mesh’s co-founder and CRO, stated, “Our objective is to empower 30 million people to fulfill their full potential at work by 2030.”

ShareChat, CRED, Groww, Pipefy, and others are among the modern soon-to-be unicorns and unicorns managed by the Gurugram-based platform. Mesh had previously raised $5.1 million in seed finance in 2021, prior to raising Series A.

The company has grown to a staff of around 50 people scattered across four continents. Mesh’s key values, L.O.V.E. – act with Love, nurture Openness, drive Velocity, and think Exponential, are supposed to guide all decisions and actions, in addition to benefits and offerings such as stock ownership, unlimited and no questions asked time off, learning allowances, and so on. With a multi-layered tech stack, the company has risen to prominence across industries in Southeast Asia and the United States, with aspirations to develop further in APAC and the United States.

Follow Startup Story