HR Tech Platform Mesh Raises $5 Mn Led By Sequoia Capital’s Surge

Hrtech Startup Mesh Eyes Expansion After Raising $11 Mn Funding Led By RTP Global

SUMMARY

The funding also saw participation from prominent angel investors such as former Whatsapp chief business officer Neeraj Arora, Rippling cofounder Prasanna Sankar, as well as Munish Varma, Sumer Juneja and Vikas Agnihotri from Softbank Partners

Mesh offers various services such as ways to manage goals and OKRs, performance reviews, one-on-one check-ins, and pulse surveys

The company’s clients include companies such as CRED, ShareChat, Gradeup, Pipefy, CleverTap and Grant Thornton

Employee and people management platform Mesh today announced $5 Mn in funding led by Surge, with participation from co-investors RTP Global, Y Combinator Continuity and Emles Venture Partners.

Mesh is part of Surge’s fifth cohort of 23 companies. Other startups which are a part of Surge’s fifth cohort include names such as Absolute, OneCode, Powerplay and Pankhuri.

Founded in May 2020 by Gaurav Chaubey, Rahul Singh and Saurabh Nangia, the social network inspired SaaS platform is currently headquartered in San Jose, USA. Prior to starting Mesh, Rahul and Saurabh have founded and scaled two other SaaS ventures. Their earlier venture TargetingMantra, a leading personalisation and marketing automation platform in Asia, was acquired by Snapdeal in 2016.

Mesh offers various services such as ways to manage goals and OKRs, performance reviews, one-on-one check-ins, and pulse surveys. It even sends users personalised reminders to drive individual growth.

“The future of work is flexible, distributed and agile, yet many companies have retained traditional methods of managing employee performance and engagement. Mesh was built to ensure that companies today are equipped to manage a new-age workforce with agility,” said Gaurav Chaubey, cofounder, Mesh.

So far, Mesh’s clients include companies such as CRED, ShareChat, Gradeup, Pipefy, CleverTap and Grant Thornton.

“Since implementing Mesh, it has saved us a lot of time during performance reviews and during ongoing check-ins. It is highly customisable and user-friendly, and the rollout was very efficient, even when our requirements varied from one part of the organisation to the other,” said Siju Chacko, senior HR Manager at ShareChat.

To differentiate itself from these traditional platforms, Mesh also provides a feature to collate data from CRMs so that revenue goals and achievements can be tracked.