About Teambition
Teambition is a company based in Shanghai (China) founded in 2011 by Jiang Xiang was acquired by Alibaba in March 2019.. Teambition has raised $17.38 million across 5 funding rounds from investors including Alibaba.com, Tencent and Vangoo Capital. Teambition operates in a competitive market with competitors including Notion, Smartsheet, Clickup, monday.com and Airtable, among others.
- Headquarter Shanghai, China
- Founders Jiang Xiang
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Sectors
Technology
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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
$17.38 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Alibaba.com
& 6 more
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Employee Count
Employee Count
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Acquired by
Alibaba
(Mar 28, 2019)
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Funding Insights of Teambition
Teambition has successfully raised a total of $17.38M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(01 Apr 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series B - Teambition | Valuation |
investors |
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| Sep, 2015 | Amount | Series B - Teambition | Valuation | Northern Light Venture Capital | |
| Dec, 2014 | Amount | Series A - Teambition | Valuation | IDG Capital |
| 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 Teambition
Teambition has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Tencent and Vangoo Capital. 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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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Provider of early stage venture capital focused on technology companies
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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 Teambition
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Teambition
| 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 |
Teambition Comparisons
Competitors of Teambition
Teambition 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 Notion, Smartsheet, Clickup, monday.com and Airtable, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Teambition
Frequently Asked Questions about Teambition
When was Teambition founded?
Teambition was founded in 2011.
Where is Teambition located?
Teambition is headquartered in Shanghai, China.
Is Teambition a funded company?
Teambition is a funded company, having raised a total of $17.38M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 01, 2011.
What does Teambition do?
Teambition was founded in 2011 in Shanghai, China, within the software sector. Cloud-based tools for project management and team collaboration are delivered by the company. Services encompass task assignment, Gantt chart creation, document sharing, integrated messaging, meeting scheduling, report compilation, and CRM functionality. Project planning, status visualization, and progress monitoring are facilitated. Clients including JHUA, Hepalink, and GenScript are supported across operations.
Who are the top competitors of Teambition?
Teambition's top competitors include monday.com, Smartsheet and Clickup.
Who are Teambition's investors?
Teambition has 7 investors. Key investors include Alibaba.com, Tencent, Vangoo Capital, M12, and NLVC.
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