Jack Altman is joining Benchmark as a general partner, the prestigious venture capital firm announced today. The move brings one of Silicon Valley's most connected entrepreneurs into the partnership of a firm known for its early bets on Uber, Twitter, and Snapchat. Altman, who founded and led workplace analytics platform Lattice for nearly a decade, adds operational expertise to Benchmark's already formidable roster.
Benchmark just added a heavy hitter to its partnership. Jack Altman, who spent nearly a decade building workplace software company Lattice into an enterprise HR powerhouse, is joining the storied venture firm as a general partner. The announcement comes as top-tier VC firms wage an increasingly fierce battle for the best deals and the best partners to source them.
The appointment is notable for several reasons. Benchmark operates with an unusually flat structure and a small partnership - typically just five to six general partners at any given time. The firm famously splits carry equally among partners, making every new GP addition a significant decision. Altman becomes one of the few operator-turned-investors to crack Benchmark's selective partnership in recent years.
Altman co-founded Lattice in 2015 and built it into a leading performance management platform used by thousands of companies. He stepped back from the CEO role in recent years but remained involved with the company. His experience scaling an enterprise SaaS business from scratch gives him the operational credibility that Benchmark prizes in its partners. The firm has long believed that the best investors are those who've actually built companies, not just funded them.
The timing matters too. Enterprise software is having a moment of reckoning as AI reshapes how businesses think about productivity tools. Companies like Lattice that focused on workflow and performance management now face questions about which functions AI will automate away and which will become more valuable. Altman's front-row seat to that transformation positions him to spot the next generation of enterprise winners.
