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Company type | Privately held company |
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Industry | Workforce management, Human resource management |
Founded | 2016 |
Founders |
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Key people |
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Website |
connecteam |
Connecteam is a cloud-based workforce management company and a software of the same name developed in 2016. [1] [2] By 2021, the company raised $120 million in seed funding. [3] [4] [2] As of 2022, it had 20000 companies connected to the app and over 1 mln users. [5]
VentureBeat described Connecteam as a competitor in the workforce management space, alongside Skedulo and WorkJam, and enterprise giant Workday. [6]
Connecteam, named after its employee management software [7] mainly targets businesses with a majority of blue-collar workers. It is used for employee management, [8] [9] communication [10] and human resource management. [11] [12] [13]
Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel as a tool for deskless employees. [14] The company's first investors per Calcalist were WIX founders, who also helped to found cloud-based project management software Monday.com. [15] The first product was a SaaS platform for businesses of any size to quickly launch an internal app for communicationg with employees without technical support. [15]
In April 2021, the company raised $37 million in a Series B funding round, [3] led by Insight Partners, O.G. Tech, and Wix.com's leadership team. [16] [2] [17]
That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper Globes. The COVID-19 pandemic significantly helped Connecteam's growth as the app allowed businesses to ensure that all employees, including those without corporate emails or computers, received crucial updates and etc. [18]
In February 2022, the company raised $120 million in a Series C funding round, co-led by Stripes and Insight Partners. [4] [19] Additionally, investors decided to purchase $40 million worth of shares from employees and early investors. [2] Investment firms Tiger Global, Qumra Capital, and O.G. Tech also participated in the funding round, [4] bringing the total funding to $160 million [20] at a valuation of $800 million. [21] [19]
As of 2023, the company reported it reached 500,000 users in 36,000 companies worldwide. [2] [22]
Business.com rated Connecteam 9.5 out of 10, calling it the best app for frontline workers. However, its pricing may be too expensive for small businesses with 11 to 30 employees. [23]
U.S. News & World Report reviewed it as a robust platform for managing deskless workers and remote teams, highlighting its effective communication tools. Cons: time-consuming setup and no video chat. [24]
Forbes rated Connecteam 4.4 out of 5, praising it for its easy-to-use employee management, communication, and collaboration features. Pros include a free plan for up to 10 users, an all-in-one interface, and responsive customer service. Cons involve the need for upgrades to access more features, higher costs for smaller teams, and occasional app lag. [12]
TechRadar reviewed Connecteam, noting its usage in remote employee communication with social media-style updates, task management, and time tracking. Among cons were lacking of payroll management. [25]
![]() | |
Company type | Privately held company |
---|---|
Industry | Workforce management, Human resource management |
Founded | 2016 |
Founders |
|
Key people |
|
Website |
connecteam |
Connecteam is a cloud-based workforce management company and a software of the same name developed in 2016. [1] [2] By 2021, the company raised $120 million in seed funding. [3] [4] [2] As of 2022, it had 20000 companies connected to the app and over 1 mln users. [5]
VentureBeat described Connecteam as a competitor in the workforce management space, alongside Skedulo and WorkJam, and enterprise giant Workday. [6]
Connecteam, named after its employee management software [7] mainly targets businesses with a majority of blue-collar workers. It is used for employee management, [8] [9] communication [10] and human resource management. [11] [12] [13]
Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel as a tool for deskless employees. [14] The company's first investors per Calcalist were WIX founders, who also helped to found cloud-based project management software Monday.com. [15] The first product was a SaaS platform for businesses of any size to quickly launch an internal app for communicationg with employees without technical support. [15]
In April 2021, the company raised $37 million in a Series B funding round, [3] led by Insight Partners, O.G. Tech, and Wix.com's leadership team. [16] [2] [17]
That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper Globes. The COVID-19 pandemic significantly helped Connecteam's growth as the app allowed businesses to ensure that all employees, including those without corporate emails or computers, received crucial updates and etc. [18]
In February 2022, the company raised $120 million in a Series C funding round, co-led by Stripes and Insight Partners. [4] [19] Additionally, investors decided to purchase $40 million worth of shares from employees and early investors. [2] Investment firms Tiger Global, Qumra Capital, and O.G. Tech also participated in the funding round, [4] bringing the total funding to $160 million [20] at a valuation of $800 million. [21] [19]
As of 2023, the company reported it reached 500,000 users in 36,000 companies worldwide. [2] [22]
Business.com rated Connecteam 9.5 out of 10, calling it the best app for frontline workers. However, its pricing may be too expensive for small businesses with 11 to 30 employees. [23]
U.S. News & World Report reviewed it as a robust platform for managing deskless workers and remote teams, highlighting its effective communication tools. Cons: time-consuming setup and no video chat. [24]
Forbes rated Connecteam 4.4 out of 5, praising it for its easy-to-use employee management, communication, and collaboration features. Pros include a free plan for up to 10 users, an all-in-one interface, and responsive customer service. Cons involve the need for upgrades to access more features, higher costs for smaller teams, and occasional app lag. [12]
TechRadar reviewed Connecteam, noting its usage in remote employee communication with social media-style updates, task management, and time tracking. Among cons were lacking of payroll management. [25]