Hastings

PerformYard Secures $95M Investment to Expand its Staff Performance Management Technology

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Employee performance reviews take time and effort — and aren’t always conducted very efficiently. Seeking to make the performance review process easier — or at least less of a headache than it has been historically — Ben Hastings and Jon Malpass founded PerformYard, a platform that provides a collection of software-based retention, staff management and upskilling tools. “PerformYard has been cash-flow positive with attractive unit economics for the majority of our existence as a business.”Prior to launching PerformYard, Hastings spent the majority of his career in tech as a go-to-market sales leader. “In early 2013, I decided to go all-in on building a software-as-a-service platform for employee performance management and personally funded the initial team. “Our mission is to simply enable and facilitate any performance process that our customers are looking to automate and improve,” Hastings said.