About Connecteam
Connecteam is a company based in New York (United States) founded in 2014 by Amir Nehemia and Hadar Shmueli.. Connecteam has raised $157.3 million across 3 funding rounds from investors including Stripes, Insight Partners and Tiger Global. Connecteam offers products and services including Time Clock, Scheduling, Task Management, Chat, and Knowledge Base. Connecteam operates in a competitive market with competitors including Remote, Skuad, Remofirst, Chekhub and RemoteBridge, among others.
- Headquarter New York, United States
- Founders Amir Nehemia, Hadar Shmueli
- Stage Soonicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$157.3 M (USD)
in 3 rounds
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Latest Funding Round
$120 M (USD), Series C
Mar 02, 2022
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Investors
Stripes
& 5 more
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Employee Count
Employee Count
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Products & Services of Connecteam
Connecteam offers a comprehensive portfolio of products and services, including Time Clock, Scheduling, Task Management, Chat, and Knowledge Base. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart tool for automated timesheets and accurate work hour tracking.
Efficient system for planning and distributing employee schedules.
Real-time delegation and progress tracking of assigned tasks.
Secure messaging tool for compliant business interactions.
Centralized hub for storing and accessing company information.
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Customer Team
22 people
Leadership Team
20 people
Sales and Marketing
20 people
Software Development Team
9 people
Product Management Team
9 people
Head Team
6 people
Creative and Marketing Team
5 people
Human Resources and Administration
4 people
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Funding Insights of Connecteam
Connecteam has successfully raised a total of $157.3M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $120 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $120.0M
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First Round
First Round
(23 Feb 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series C - Connecteam | Valuation | Stripes , Insight Partners | |
| Apr, 2021 | Amount | Series B - Connecteam | Valuation | Insight Partners , O.G. Tech |
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| Feb, 2016 | Amount | Seed - Connecteam | Valuation | D5 Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Connecteam
Connecteam has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Stripes, Insight Partners and Tiger Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Global investments are made in product-led growth companies.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Connecteam
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Connecteam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connecteam Comparisons
Competitors of Connecteam
Connecteam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Remote, Skuad, Remofirst, Chekhub and RemoteBridge, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based HR software is offered for distributed teams.
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| domain | founded_year | HQ Location |
Global HR platform automates remote payroll and compliance worldwide.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for remote teams.
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| domain | founded_year | HQ Location |
Cloud-based business management software is provided by Chekhub.
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| domain | founded_year | HQ Location |
Virtual onboarding solutions are offered for metaverse enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Connecteam
Frequently Asked Questions about Connecteam
When was Connecteam founded?
Connecteam was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Connecteam located?
Connecteam is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Connecteam?
Amir Nehemia is the current CEO of Connecteam. They have also founded this company.
Is Connecteam a funded company?
Connecteam is a funded company, having raised a total of $157.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Feb 23, 2016.
What does Connecteam do?
Connecteam was founded in 2014 and is headquartered in New York, United States. Operations focus on the employee engagement sector, where a subscription-based white-label solution is offered for creating mobile applications. Internal communications are managed, surveys and polls are distributed, new employees are onboarded, productivity is tracked, and a dashboard is utilized to monitor progress and engagement levels across organizations.
Who are the top competitors of Connecteam?
What products or services does Connecteam offer?
Connecteam offers Time Clock, Scheduling, Task Management, Chat, and Knowledge Base.
Who are Connecteam's investors?
Connecteam has 6 investors. Key investors include Stripes, Insight Partners, Tiger Global, O.G. Tech, and Qumra Capital.
What is Connecteam's valuation?
The valuation of Connecteam is $800M as of Mar 2022.
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