Last verified Oct 20, 2025
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    PerformYard

    PerformYard supports performance reviews, goals, feedback, and employee surveys. It suits human resources teams that need a structured review process with configurable workflows. Its pricing depends on the selected product and employee count. Evaluate the review cycle your managers actually use. Software does not resolve unclear expectations or inconsistent feedback. Confirm reporting, permissions, and manager responsibilities before moving employee records into a new process. [performyard]

    Should you evaluate this tool?

    Evaluate PerformYard when employee review workflows need consistent administration. [performyard]

    Selection advice reflects Chiri's assessment of cited vendor documentation. It does not reflect hands-on product testing.

    Who is this tool for?

    Who should consider another tool?

    What does it cost?

    Performance Management lists $5–15 per person monthly with annual billing. Talent Development has separate pricing. Confirm employee counts and selected products. [performyard]

    What should you check before purchase?

    • Check employee-data permissions and reporting access. [performyard]
    • Test a complete review cycle with representative roles. [performyard]

    When should you choose an alternative?

    • Lattice: Prefer a Lattice evaluation when performance, engagement, and compensation workflows must connect within its people platform. [performyard][lattice]
    • 15Five: Prefer 15Five when manager effectiveness assessment and targeted manager support drive the program. [performyard][fifteen]

    When is this the wrong choice?

    PerformYard is the wrong first step if managers lack agreed criteria for evaluating employee performance. [performyard][lattice][fifteen]

    What else do buyers ask?

    Does PerformYard include performance analytics and surveys?

    PerformYard's pricing materials list reporting, reviews, goals, feedback, and surveys within its performance offering. Buyers should confirm the selected configuration and employee count. Test the actual review cycle and access permissions. Employee performance reviews are different from independent customer ratings of the software. [performyard]

    How did Chiri assess this tool?

    We compared public vendor documentation against the stated buying criteria. Vendor claims do not establish independent performance results.

    Each source shows its review date below. The full research record keeps its original date and content.

    We omit answers without sufficient evidence. We do not infer certifications, customer ratings, or prices from missing information.

    1. PerformYard plans Reviewed: .
    2. Lattice platform Reviewed: .
    3. 15Five manager effectiveness Reviewed: .

    Need help evaluating and implementing AI tools?

    Compare your options with Chiri. We help you evaluate tools before implementation.

    Read the full research record
    PerformYard logo

    PerformYard

    Human Resources Software / Performance Management

    HR & RecruitingHR TechSaaSPerformance ReviewsEmployee Engagement
    Function:People & HR
    Subfunction:Performance Management
    Loading versions...
    Founded
    2013
    Employees
    ~112 employees (101-250)
    Funding
    $95M-$98M
    Stage
    Series A (Post-funding), \~$10.5M ARR
    Report version: Oct 20, 2025

    1. Products/Services & Features

    • Main Offerings:

      • Performance Reviews & Check-Ins
      • Goal Management & Tracking
      • Continuous Feedback & Employee Engagement
    • Feature Breakdown: Reviews & Check-Ins module for various performance evaluations; Goal Management system for setting and tracking individual and organizational goals; Continuous Feedback feature for ongoing employee feedback and recognition; Reporting and Analytics toolset for performance insights; Employee Engagement surveys; PerformYard Meetings for collaborative 1:1 management with shared agendas and task tracking; AI-assisted review writing for balanced tone and clarity; Onboarding review cycles with templates (Departments: HR Operations, Performance Management, Employee Engagement, Talent Development)

    • Business Industry Gearing: Broad industry applicability - serves technology, marketing, advertising, nonprofit, and diverse sectors; mid-market to enterprise focus

    2. Security & Compliance

    • Certifications: SOC 2 Type II Certified, No ISO 27001 or GDPR certifications explicitly confirmed for PerformYard Copilot specifically

    • Vendors/Tools: HALOCK Security Labs (annual penetration testing)

    • Risk Profile:

      • Breaches: No known public security breaches reported
      • Features: Audit trails, corporate-level security policies, annual penetration testing, SOC 2 Type II compliance, published privacy policy

    3. User Feedback & Adoption

    • Aggregated Reviews: Capterra: 4.5/5 (165 reviews); G2: 9.7/10 for Quality of Support and Business Partner Rating; Software Advice: Consistently positive

      • Pros: User-friendly interface; Centralizes reviews, goals, and feedback in one platform; Flexible review cycles and customizable workflows; Strong customer support; Dedicated customer success managers; All features included in base pricing
      • Cons: Limited advanced reporting capabilities; Contract inflexibility; Basic HR record-keeping compared to full HR suites; Learning curve for new users; Occasional glitches; Limited notification customization
    • Adoption Insights:

      • Adoption Ease: High - intuitive interface, minimal setup required, dedicated customer success support for onboarding and training
      • Adoption Cultural Fit: Strong fit for organizations seeking to modernize performance management, foster continuous feedback culture, and align employee goals with organizational objectives
    • Metrics: High customer satisfaction indicated by consistent positive reviews and testimonials; explicit NPS not publicly disclosed but qualitative feedback suggests strong retention

    • Barriers: Initial learning curve for some users; contract terms may be rigid; organizations heavily invested in legacy HR systems may face integration challenges

    4. Monetization & Business Model

    • Revenue Model: Per-Employee-Per-Month (PEPM) SaaS subscription model

    • Pricing: Base Performance Management: $5-10 per user per month (billed annually); Employee Engagement add-on: $1 per user per month; Meetings add-on: $2 per user per month; Enterprise Custom Pricing available (Sources: PerformYard official pricing page, Capterra, SaaSWorthy, Vendr, Software Advice)

    • Market Context:

      • TAM: Global performance management software market estimated at multi-billion dollars; mid-market to enterprise segment represents significant portion
      • Growth Stage: Growth stage - post-Series A funding, expanding market presence and product capabilities

    5. Leadership & Recent Developments

    Name Description LinkedIn X Account
    Sean Dunn Chief Executive Officer; 20+ years of leadership experience; 5 years at PerformYard previously as Chief Revenue Officer and SVP of Sales & Customer Success; instrumental in driving company growth and scaling revenue https://www.linkedin.com/in/sean-dunn-b373a45
    Ben Hastings Founder and former CEO; transitioned to advisory role and board member in July 2025; founded PerformYard in 2013; background in federal market consulting and business development https://www.linkedin.com/in/benjaminhastings
    Jon Malpass SVP Product/Operations; co-founder; instrumental in product strategy and operational execution
    • Key Metrics Update:

      • Funding: Series A: $95 million from Updata Partners (January 2024)
      • Employee Growth: Expanded from ~50-70 employees (early 2024) to 101-250 employees (current); significant growth trajectory post-funding
    • News/Trends:

      • News Launch: PerformYard Meetings product launched May 2025; AI-assisted review writing and onboarding review cycles launched 2025
      • News Partnerships: Integrations with major HRIS/Payroll systems: ADP, BambooHR, Gusto, Rippling, UKG, Paycom, Workday, Paylocity
      • News Funding: Series A funding of $95M from Updata Partners announced January 2024; company nearly doubled ARR since partnership
      • News Challenges: No major public challenges or controversies reported; company focused on scaling operations and product expansion

    6. Target Audience & Use Cases

    • Target Market: Mid-sized to large organizations (100-1,500+ employees) across diverse industries seeking to modernize performance management

    • Target Users & Personas: HR professionals, performance managers, HR leaders, business leaders interested in employee engagement and performance optimization

    • User Experience Level: Intermediate to Advanced - designed for HR professionals and managers with varying technical expertise; strong support provided

    • Key Use Cases:

      • Streamlined Performance Review Process - Replace manual spreadsheet-based reviews with centralized, software-driven performance evaluations
      • Continuous Feedback Culture - Implement ongoing feedback systems and goal tracking to foster continuous improvement and employee development
      • Goal Alignment & Strategic Execution - Align individual employee goals with organizational objectives to enhance strategic alignment and performance

    7. Impact & Recommendations

    • Measurable Outcomes:

      • Workflow Improvements: Reduces time spent on manual performance review processes; centralizes feedback and goal data; improves transparency between managers and employees; facilitates data-driven performance conversations; streamlines 1:1 meeting management with PerformYard Meetings
      • ROI Examples: Organizations report reduced time spent on performance reviews; improved employee engagement and retention; better alignment between employee and organizational goals; enhanced visibility into performance trends and employee development
    • Fit Assessment: Excellent fit for mid-market to enterprise organizations seeking flexible, user-friendly performance management solutions with strong customer support; particularly suited for companies wanting to move away from legacy HR systems

    • Custom Rec Flags:

      • Priority ICP: Mid-sized to large organizations (200-1,500 employees) in technology, professional services, and growth-focused industries; companies prioritizing employee engagement and modern HR practices
      • Short Term Goals: Expand product capabilities with AI features; grow customer base and ARR; strengthen market position against competitors like Lattice and 15Five; enhance integrations with HRIS platforms

    8. Data Sourcing Notes