Performance appraisal software companies focus on enhancing employee evaluation and engagement within organizations. These firms develop tools to assess performance, facilitate feedback, and manage talent development. The industry is moving towards a more data-driven approach, integrating AI to provide actionable insights and improve decision-making. Notably, the increasing emphasis on remote work solutions is reshaping how companies evaluate performance, making real-time feedback more essential. As organizations prioritize employee satisfaction and retention, the demand for innovative software solutions continues to grow, presenting opportunities for tech-savvy startups and established players alike.

The companies listed here range from small firms to larger enterprises, located primarily in the United States and Europe. Founded between 1997 and 2020, they each specialize in performance management tools. Many of these companies leverage advanced technology to enhance employee engagement, utilizing platforms that provide continuous feedback, performance reviews, and goal tracking. With talent retention as a common focus, businesses are turning to these software solutions to navigate the changing workforce dynamics more effectively.

Continue reading to discover the top performance appraisal software companies.

Top 24 Performance Appraisal Software Companies

1. Lattice

• Website: lattice.com
• Ownership type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 88%, United Kingdom (UK) 9%, Other 4%
• Latest funding: Series E-K, $175.0M, January 2022
• Founded year: 2015
• Headcount: 501-1000
• LinkedIn: lattice-hq

Lattice is an HR technology company based in San Francisco, California, founded in 2015. With a workforce of around 619 employees, Lattice provides a comprehensive platform designed to enhance performance management and employee engagement. Their offerings include performance reviews, analytics, and HRIS solutions, aimed at helping HR teams and company leaders improve operational efficiency and employee satisfaction. The company serves a variety of industries, including technology, professional services, and financial sectors. Lattice has attracted substantial venture capital funding, with a notable Series E round raising $175 million in January 2022, reflecting strong investor interest in their innovative approach to HR technology.

2. PerformYard

• Website: performyard.com
• Ownership type: Venture Capital
• Headquarters: Arlington, Virginia, United States (USA)
• Employee distribution: United States (USA) 92%, Philippines 8%
• Latest funding: $95.0M, January 2024
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: performyard

PerformYard, based in Arlington, Virginia, is a performance management software provider that specializes in tools for employee reviews, goal tracking, and continuous feedback. Since its inception in 2013, the company has focused on helping organizations streamline their performance management processes. With a customer base that includes HR professionals across various sectors, PerformYard's platform integrates multiple performance management functions into a single, user-friendly interface. The company operates on a Software as a Service (SaaS) model, which allows for easy access and implementation. Recently, PerformYard secured nearly $95 million in funding, reflecting its growth trajectory and the increasing demand for effective performance management solutions. The software is designed to enhance employee engagement and facilitate meaningful performance conversations, making it a relevant player in the performance appraisal software market.

3. 15Five

• Website: 15five.com
• Ownership type: Private Equity
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 95%, Ukraine 5%
• Latest funding: December 2022
• Founded year: 2011
• Headcount: 201-500
• LinkedIn: 15five

15Five, founded in 2011 and based in San Francisco, California, is a private equity-backed software company that specializes in performance management and employee engagement solutions. The company offers a suite of tools aimed at enhancing manager effectiveness and improving employee retention. Their platform is designed for HR leaders and organizations looking to optimize workforce performance through actionable insights and metrics. 15Five has gained traction in the industry, serving over 3,500 organizations that trust their solutions to boost employee engagement and performance. The company has also introduced innovative features like Spark AI, which supports managers and employees in their performance management efforts. As of December 2022, 15Five has not reported any recent funding, indicating a stable operational status.

4. Mitratech Trakstar

• Website: trakstar.com
• Ownership type: Corporate
• Headquarters: Seattle, Washington, United States (USA)
• Employee distribution: United States (USA) 79%, India 10%, Mexico 10%
• Latest funding: April 2023
• Founded year: 2001
• Headcount: 51-200
• LinkedIn: trakstar

Mitratech Trakstar, based in Seattle, Washington, is a company that specializes in providing comprehensive HR software solutions. Founded in 2001, Trakstar has developed a platform that integrates performance management, learning management, applicant tracking, and workforce analytics. Their software is designed to assist HR professionals across various industries in optimizing talent management processes and enhancing employee engagement. With a customer base of over 3,000 companies, Trakstar has established itself as a significant player in the HR technology sector. The company was recently acquired by Mitratech in April 2023, which is expected to bolster its offerings and support its growth in the competitive HR software market.

5. Saba Software

• Website: saba.com
• Ownership type: Corporate
• Headquarters: Dublin, California, United States (USA)
• Employee distribution: India 49%, Canada 12%, United States (USA) 12%, Other 28%
• Latest funding: $1.4B, February 2020
• Founded year: 1997
• Headcount: 1001-5000
• LinkedIn: saba

Saba Software, Inc., founded in 1997 and based in Dublin, California, is a software company that focuses on learning and performance management solutions. The company provides a suite of products designed to enhance employee skills and track performance, catering primarily to businesses and organizations. Saba's software solutions facilitate learning, performance tracking, and talent management, making them integral to human resources operations. The company operates through a Software as a Service (SaaS) model, which allows for seamless integration and accessibility. With a significant funding amount of $1.395 billion reported in February 2020, Saba Software is positioned to continue its growth and relevance in the performance management industry.

6. Engagedly Inc

• Website: engagedly.com
• Ownership type: Private Equity
• Headquarters: Maplewood, Missouri, United States (USA)
• Employee distribution: India 89%, United States (USA) 8%, Other 4%
• Latest funding: February 2022
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: engagedly

Engagedly Inc, founded in 2015 and based in Maplewood, Missouri, is a private equity-backed company specializing in talent management software. With a workforce of approximately 113 employees, the company has carved out a niche in the HR technology sector. Engagedly provides a platform that integrates performance management, learning and development, and employee engagement tools, catering to HR professionals across various industries, including technology, healthcare, and manufacturing. Their solutions are designed to streamline HR processes and enhance workforce performance, making them a valuable partner for organizations aiming to improve employee engagement and productivity. Engagedly's innovative features, such as advanced talent analytics and AI-driven tools, position them as a relevant player in the performance appraisal software market.

7. Reflektive

• Website: reflektive.com
• Ownership type: Corporate
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: India 85%, United States (USA) 15%
• Latest funding: January 2021
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: reflektive

Reflektive, founded in 2014 and based in San Francisco, California, is a technology company that specializes in performance management and employee engagement solutions. The company provides a platform designed to enhance productivity through continuous feedback, goal setting, and analytics. Reflektive's tools are utilized by businesses across various sectors to improve employee performance and retention. The company employs a workforce primarily distributed in India, with a smaller presence in the United States. Reflektive's platform includes features such as performance reviews, 1:1 check-ins, and employee recognition, all aimed at fostering a culture of ongoing communication and accountability. Their commitment to optimizing people strategies through data-driven insights positions them as a relevant player in the performance appraisal software industry.

8. Betterworks

• Website: betterworks.com
• Ownership type: Venture Capital
• Headquarters: Menlo Park, California, United States (USA)
• Employee distribution: United States (USA) 64%, India 25%, United Kingdom (UK) 9%, Other 1%
• Latest funding: Series B, $32.0M, November 2024
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: betterworks

Betterworks, founded in 2013 and based in Menlo Park, California, is a performance management software provider that focuses on enhancing employee engagement and manager effectiveness. The company offers a platform that allows organizations to set goals, provide feedback, and facilitate meaningful conversations, all aimed at improving workforce performance. Betterworks serves a variety of industries, demonstrating its adaptability and relevance in the market. With a workforce of approximately 204 employees, the company has a significant presence in the United States, India, and the United Kingdom. Recently, Betterworks secured $32 million in Series B funding in November 2024, which underscores its growth trajectory and the confidence investors have in its solutions. The platform integrates AI capabilities to streamline performance management processes, making it a valuable tool for HR leaders and organizations seeking to enhance their performance appraisal systems.

9. Javelo by Tellent

• Website: javelo.io
• Ownership type: Private Equity
• Headquarters: Paris, Île-De-France, France
• Employee distribution: France 81%, Spain 19%
• Latest funding: May 2022
• Founded year: 2015
• Headcount: 201-500
• LinkedIn: javelo

Javelo by Tellent, founded in 2015 and based in Paris, is an HR technology company that provides a software-as-a-service (SaaS) platform aimed at enhancing performance management and employee engagement. The platform is designed to streamline various HR processes, including performance appraisals, 360° feedback, and training management. Javelo primarily serves HR departments and managers, helping them to optimize their workflows and improve communication within organizations. The company operates on a subscription model, which allows clients to access a range of tools tailored to their specific HR needs. With a workforce of around 60 employees, Javelo has established a presence in France and Spain, catering to over 500 teams worldwide. Their commitment to simplifying HR tasks and enhancing employee involvement in performance management processes positions them as a relevant player in the performance appraisal software market.

10. Leapsome

• Website: leapsome.com
• Ownership type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Latest funding: Series A, $60.0M, March 2022
• Founded year: 2016
• Headcount: 51-200
• LinkedIn:

Leapsome, founded in 2016 and based in Berlin, Germany, is a technology company that specializes in human resources solutions. The firm operates on a Software as a Service (SaaS) model, providing a comprehensive platform that addresses performance management, employee engagement, and learning development. Leapsome's tools are tailored for businesses aiming to enhance their HR processes, making it easier to conduct performance reviews and gather feedback. The company has attracted significant investment, securing $60 million in Series A funding in March 2022, which underscores its growth potential and commitment to expanding its offerings. Leapsome's platform is designed to integrate seamlessly with existing tools, ensuring that organizations can adopt their solutions without disrupting current workflows. This adaptability, combined with a focus on user experience and customer support, positions Leapsome as a relevant player in the performance appraisal software market.

11. Quantum Workplace

• Website: quantumworkplace.com
• Ownership type: Private Equity
• Headquarters: Omaha, Nebraska, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: January 2022
• Founded year: 2002
• Headcount: 51-200
• LinkedIn: quantum-workplace

Quantum Workplace, founded in 2002 and based in Omaha, Nebraska, specializes in employee success software. The company focuses on enhancing employee engagement and performance management through its innovative platform. Their solutions are designed to help organizations improve workplace culture, retain talent, and foster effective feedback and performance strategies. Quantum Workplace has developed a suite of tools that includes engagement surveys, performance reviews, goal-setting, and recognition features. They emphasize the importance of actionable insights and analytics, enabling organizations to make informed decisions about their workforce. With a dedicated approach to customer service and a commitment to continuous improvement, Quantum Workplace has established itself as a significant player in the employee success software industry.

12. ImpulseUP

• Website: impulseup.com
• Ownership type: Private
• Headquarters: Águas Claras, Federal, Federal, Brazil
• Employee distribution: Brazil 100%
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: impulseup

ImpulseUP, founded in 2018 and based in Águas Claras, Brazil, is a performance management software provider that specializes in tools for employee evaluations, engagement, and development. The company serves a wide range of industries, helping businesses streamline their performance management processes. Their SaaS platform allows organizations to align employee goals with broader organizational objectives effectively. ImpulseUP has gained traction in the market, with over 100,000 users and more than 300 clients utilizing their services. The company emphasizes a hands-on approach, providing each client with a dedicated consultant to ensure successful implementation and ongoing support. This commitment to customer service, combined with their innovative features like OKRs and real-time KPI tracking, positions ImpulseUP as a notable player in the performance appraisal software sector.

13. GroSum - Employee Performance Management

• Website: grosum.com
• Ownership type: Private
• Headquarters: Kolkata, West Bengal, India
• Employee distribution: India 100%
• Founded year: 2009
• Headcount: 11-50
• LinkedIn: grosum

GroSum - Employee Performance Management, based in Kolkata, India, is a private company founded in 2009. With a team of 11-50 employees, GroSum provides performance management software that focuses on employee engagement, performance reviews, and compensation management. The company aims to streamline performance management processes for businesses across various industries. GroSum's tools facilitate continuous feedback and collaborative goal setting, which are essential for enhancing organizational performance. Over the past decade, GroSum has served more than 175 clients and has reached users in 15 countries, showcasing its commitment to improving performance management practices. The company has not reported any funding, indicating a self-sustained growth model.

14. Small Improvements

• Website: small-improvements.com
• Ownership type: Private
• Headquarters: Berlin, Berlin, Germany
• Employee distribution: Germany 83%, United States (USA) 17%
• Founded year: 2011
• Headcount: 11-50
• LinkedIn: small-improvements

Small Improvements, founded in 2011 and based in Berlin, Germany, is a private company that provides performance management software. With a team of 11 to 50 employees, the company focuses on enhancing performance management processes through tools that facilitate ongoing feedback, structured performance reviews, and employee engagement. Their software includes features such as 360-degree feedback, goal setting, and pulse surveys, catering to organizations looking to improve their performance appraisal systems. Operating on a SaaS model, Small Improvements allows clients to access their solutions online, making it easier for businesses to implement and manage performance reviews. The company has built a reputation for being user-friendly and adaptable, with a commitment to customer satisfaction reflected in their support services. They have not reported any funding, indicating a self-sustaining business model that prioritizes customer needs and product development.

15. BambooHR

• Website: bamboohr.com
• Ownership type: Private
• Headquarters: Draper, Utah, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2008
• Headcount: 1001-5000
• LinkedIn: bamboohr

BambooHR LLC, founded in 2008 and based in Draper, Utah, specializes in human resources software solutions tailored for small to medium-sized businesses. The company offers a comprehensive platform that integrates various HR functions, including payroll, time tracking, and employee benefits management. BambooHR is particularly noted for its user-friendly interface and robust performance management tools, which help organizations streamline their HR processes and enhance employee engagement. With a growing customer base of over 32,000 companies, BambooHR has positioned itself as a significant player in the HR technology sector, focusing on simplifying HR tasks and improving the overall employee experience. The company operates solely in the United States and has not reported any recent funding, indicating a stable operational model.

16. Mirro.io

• Website: mirro.io
• Ownership type: Family Owned
• Headquarters: Bucharest, Bucharest, Romania
• Employee distribution: Romania 100%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: mirroteamjourney

Mirro.io, based in Bucharest, Romania, is an HR technology company founded in 2018. The company focuses on performance management software designed to enhance employee engagement and streamline HR processes. Mirro's platform includes tools for performance management, employee recognition, and people analytics, catering to businesses aiming to improve workforce management and retain top talent. With a team of 19 employees, Mirro has established itself as a player in the HR tech industry, providing solutions that help organizations foster a positive workplace culture. Their software is tailored for various roles within a company, from CEOs to team members, ensuring that all levels of the organization can benefit from its features. Mirro's commitment to continuous feedback and recognition is evident in their offerings, which aim to create a culture of improvement and engagement. The company has not reported any funding, indicating a self-sustained growth model.

17. Feedz by TOTVS

• Website: feedz.com.br
• Ownership type: Venture Capital
• Headquarters: Florianopolis, Santa Catarina, Brazil
• Employee distribution: Brazil 100%
• Latest funding: September 2022
• Founded year: 2018
• Headcount: 51-200
• LinkedIn: feedzpeopleanalytics

Feedz by TOTVS, founded in 2018 and based in Florianopolis, Santa Catarina, Brazil, is a technology company that specializes in performance management solutions tailored for businesses. The company offers a robust platform designed to automate various HR processes, enhance employee engagement, and provide effective tools for performance evaluation. With a focus on streamlining HR functions, Feedz serves a wide array of industries, helping organizations improve workforce management. The platform is utilized by over 200,000 employees across more than 1,500 companies, indicating a strong presence in the market. Feedz's solutions include performance evaluations, employee experience assessments, goal management, and climate surveys, all aimed at fostering a more strategic approach to human resources. Their commitment to innovation and user-friendly design has made them a notable player in the performance appraisal software industry.

18. Happy5

• Website: happy5.co
• Ownership type: Private
• Headquarters: Jakarta, Jakarta, Indonesia
• Employee distribution: Indonesia 96%, Singapore 4%
• Latest funding: March 2022
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: happy-five

Happy5, founded in 2013 and based in Jakarta, Indonesia, is a performance management software provider that focuses on enhancing employee performance reviews, project management, and goal tracking. The company caters primarily to HR and People Ops managers across various industries, aiming to streamline performance management processes and boost employee engagement. Happy5's platform is designed to be highly customizable, allowing organizations to tailor their performance management tools to fit specific needs. The company has established itself in the market by integrating various performance workflows, providing a holistic view of employee contributions and organizational goals. With a workforce of around 51-200 employees, Happy5 has been actively serving clients in Indonesia and Singapore, demonstrating its commitment to the performance management sector.

19. Qulture.Rocks

• Website: qulture.rocks
• Ownership type: Private
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Employee distribution: Brazil 100%
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: qulturerocks

Qulture.Rocks, founded in 2015 and based in Sao Paulo, Brazil, is a private company that provides performance management software. The platform is designed to streamline human resource processes, offering tools for performance evaluation, goal management, feedback, and analytics. With a workforce of approximately 43 employees, Qulture.Rocks has established itself as a significant player in the HR technology space. The company serves over 1,200 active organizations and boasts a user base exceeding 300,000 individuals. Their offerings include features such as continuous feedback mechanisms, individual development plans, and analytics dashboards, which help organizations enhance employee engagement and productivity. Qulture.Rocks also emphasizes the importance of remote work management and employee satisfaction surveys, reflecting current trends in the workplace. Their focus on creating a culture of recognition and development aligns with modern HR practices, making them a relevant choice for companies looking to improve their performance appraisal processes.

20. Appraisd

• Website: appraisd.com
• Ownership type: Corporate
• Headquarters: London, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: April 2025
• Founded year: 2004
• Headcount: 11-50
• LinkedIn: appraisd

Appraisd, founded in 2004 and based in London, is a performance management software provider that focuses on enhancing employee performance evaluation, coaching, and talent development. The company operates primarily in the HR technology sector, offering a platform that helps businesses streamline their performance management processes. Appraisd's tools are designed to support organizations in retaining top talent and fostering a culture of continuous improvement. Their software includes features such as performance reviews, automated scheduling, and 360 feedback, which are essential for effective performance management. Appraisd has established itself as a player in the industry, with a customer base that spans various sectors, including financial services and consulting. The company prides itself on being independent and founder-led, emphasizing a human-centric approach to performance management.

21. EngageRocket

• Website: engagerocket.co
• Ownership type: Venture Capital
• Headquarters: Austin, Texas, United States (USA)
• Employee distribution: Singapore 87%, United States (USA) 13%
• Latest funding: August 2021
• Founded year: 2016
• Headcount: 11-50
• LinkedIn: engagerocket

EngageRocket, founded in 2016 and based in Austin, Texas, is an employee engagement and performance management platform. The company aims to enhance workplace culture and employee satisfaction through its offerings, which include employee engagement surveys and 360 feedback systems. EngageRocket operates on a SaaS model, providing analytics and insights that assist organizations in making informed management decisions. With a workforce of 31 employees, the company has established a significant presence, particularly in Singapore, where 87% of its user base resides. EngageRocket has garnered attention from notable companies across various industries, including Sephora and Toyota, and has facilitated over 11 million responses through its platform. The company emphasizes the importance of data-driven insights in transforming employee experiences and improving organizational performance.

22. PT. Cipta Daya Inovasi

• Website: hulutalent.id
• Ownership type: Private
• Headquarters: Jakarta, Jakarta, Indonesia
• Employee distribution: Indonesia 100%
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: ciptadayainovasi

PT. Cipta Daya Inovasi, founded in 2020 and based in Jakarta, Indonesia, operates under the brand Hulu Talent. The company specializes in performance management software, providing tools that facilitate employee performance evaluation and management. Their offerings include a comprehensive employee database, assessment tools, and Key Performance Indicator (KPI) tracking. These features are designed to help organizations improve their human resource management processes and enhance overall workforce productivity. By focusing on performance management, Hulu Talent serves businesses looking to align employee performance with organizational objectives, making them a relevant player in the HR technology sector.

23. Dialog

• Website: dialog.nl
• Ownership type: Private
• Headquarters: Utrecht, Utrecht, Netherlands
• Employee distribution: Netherlands 100%
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: dialog-hr

Dialog is an HR technology company based in Utrecht, Netherlands, founded in 2017. With a team of 11 to 50 employees, Dialog focuses on providing software solutions that enhance performance management, talent development, and employee engagement. Their platform is designed to help organizations foster continuous dialogue about performance, enabling employees to set personal goals and receive ongoing feedback. Dialog's tools include features for performance evaluations, talent reviews, and engagement surveys, which are crucial for organizations aiming to improve their HR processes. The company serves a niche market of HR professionals and organizations dedicated to enhancing employee satisfaction and performance. Dialog operates solely in the Netherlands and has not reported any funding, indicating a self-sustained growth model. Their commitment to creating a culture of feedback and development positions them as a relevant player in the performance appraisal software industry.

24. Performance Culture

• Website: performanceculture.com
• Ownership type: Private
• Headquarters: Durham, North Carolina, United States (USA)
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: performance-culture

Performance Culture, known as WorkDove, is a performance management software provider based in Durham, North Carolina. Founded in 2015, the company has developed a platform that focuses on enhancing employee engagement and talent management. Their software includes tools for performance reviews, goal tracking, and leadership succession, making it suitable for organizations aiming to improve their HR processes. WorkDove's user-friendly interface allows for easy management of performance-related tasks, and their solutions are designed to be cost-effective, catering primarily to mid-sized businesses. The company has not reported any funding, indicating a self-sustained growth model. WorkDove has garnered trust from various global and domestic brands, showcasing its impact in the performance management industry.

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