Connecteam Analysis: $120M Raised
What is Connecteam?
Connecteam is an employee management app designed specifically for deskless teams. Its unique approach combines various operational tools into a single platform, simplifying workflows and enhancing communication. This integration allows organizations to streamline processes, improve employee engagement, and maintain operational efficiency.
Employees
201-500
Founded
2016
Industry
SaaS, Hrtech
Latest Funding Round Size
Series C
Parent Company Website
Public Company Status
Private
Recent Venture Round Amount
$120,000,000
Product Features & Capabilities
- Employee scheduling with automated assignments
- Time tracking with precise work hour recording
- Digital forms and checklists for daily operations
- Internal communication tools for instant messaging
- HR management features for employee engagement and compliance
Use Cases
Automate employee scheduling to prevent mistakes; Track employee work hours for accurate payroll; Streamline daily operations with digital checklists; Enhance internal communication across remote teams; Manage HR processes to improve employee engagement
How much Connecteam raised
Series C - $120 million
March 22, 2022Lead Investor: Stripes, Insight Partners, Tiger Global, Qumra Capital, O.G. Tech
Other Considerations
Trusted by over 60,000 companies; Offers a free plan for small businesses with up to 10 users; Provides 24/7 live support for users
See something that needs updating? Suggest edits to this profile.
Financial Overview
$120MTotal Raised
Series C$120 million
March 22, 2022
Investors: Stripes, Insight Partners, Tiger Global, Qumra Capital, O.G. Tech
Series B
April 28, 2021
Investors: Avishai Abrahami, Insight Partners, O.G. Venture Partners
Non-Equity Assistance
January 26, 2021
Investors: Google for Startups
Pre-Seed Round
May 1, 2017
Investors: Not specified
Seed Round
March 1, 2016
Investors: Not specified