• Comment: Investment rounds and other routine business reporting does not establish notability. DoubleGrazing (talk) 13:52, 19 March 2024 (UTC)

Connecteam
Company typePrivate
IndustryWorkforce management, Human resource management
Founded2016; 8 years ago (2016)
Founders
  • Amir Nehemia
  • Daniel Nuriel
  • Yonatan Nuriel
Key people
  • Amire Nehemia (CEO)
  • Yuval Magid (COO)
ServicesEmployee scheduling, Employee time tracking, Team management, Training and development, Internal communications
Websiteconnecteam.com

Connecteam is cloud-based workforce management software accessible through a web application and via a dedicated iOS and Android app..[1] The product was launched in 2016, and in April 2021, the company raised $120 million in seed funding.[2][3]

Features edit

Connecteam's features focus on employee management, scheduling,[4] communication[5], training[6], collaboration, and human resource management[7] and are mainly targeted at businesses with a majority of blue-collar workers[8]

The software's core features include:[9]

  • Employee communication
  • Employee time clock
  • Employee scheduling
  • Checklists & Forms
  • Employee task management
  • HR & People management

Connecteam is sold as software as a service with free, monthly, and annual plans.[10]

History edit

Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel.[11] In April 2021, Connecteam raised $37 million in a Series B funding round[2], led by Insight Partners, O.G. Tech, and Wix.com’s leadership team.[12]

That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper Globes.[13]

In February 2022, the company raised $120 million in a Series C funding round, co-led by Stripes and Insight Partners.[14][3] Investment firms Tiger Global, Qumra Capital, and O.G. Tech also participated in this funding round[3], bringing Connecteam's total funding to $160 million[15] at a valuation of $800 million.[16][17]

As of 2023, the company reported it was serving over 500,000 users in 36,000 companies worldwide.[18]

Data Security edit

Connecteam is ISO/IEC 27001 & SOC 2 Type 2 certified and fully HIPAA compliant.[19]

References edit

  1. ^ "Best Employee Scheduling Software of 2024". Investopedia. Retrieved 2024-03-19.
  2. ^ a b Orbach, Meir (Apr 28, 2021). "Connecteam raises $37 million to grow all-in-one app for deskless employees". Calcalistech.
  3. ^ a b c Lunden, Ingrid (Mar 2, 2022). "Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers". TechCrunch. Retrieved 19 March 2024.
  4. ^ "Timeero - We Tested Connecteam: Here Is Our Unfiltered Review - Timeero". timeero.com. Retrieved 2024-03-19.
  5. ^ "Connecteam Honest Review by a Competitor | 2024". Jibble. Retrieved 2024-03-19.
  6. ^ John, Steven (Nov 21, 2023). "Best Employee Training Software of 2024". U.S. News & World Report. Retrieved Mar 19, 2024.
  7. ^ Rice, David (Dec 7, 2023). "Connecteam: HR Software In-Depth Review". Retrieved Mar 19, 2024.
  8. ^ "Connecteam Review (2024): Features, Pros & Cons – Forbes Advisor". www.forbes.com. Retrieved 2024-03-19.
  9. ^ Que, Genevieve (2023-04-03). "Connecteam Review: Pricing, Deciding Factors & Alternatives". Fit Small Business. Retrieved 2024-03-19.
  10. ^ "Pricing". Connecteam. Retrieved 2024-03-19.
  11. ^ Stoller, Kristin (Apr 28, 2021). "Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers". Forbes.
  12. ^ "Employee management app Connecteam raises $37m". Globes. Apr 29, 2021. Retrieved 19 March 2024.
  13. ^ יש עובדים שבחיים לא יעבדו עם מאנדיי. אנחנו כאן בשבילם, 2021, retrieved 19 March 2024
  14. ^ Glasner, Joanna (March 2, 2022). "Connecteam Raises $120M As Deskless Workforces Get More Tools". CrunchBase.
  15. ^ Hennessey, Zachy (Mar 6, 2022). "Worker management tool Connecteam closes Series C funding for $160m". Retrieved 19 March 2024.
  16. ^ Gilead, Assaf (Mar 2, 2022). "Remote team app Connecteam raises $120m". Globes. Retrieved 19 March 2024.
  17. ^ "Connecteam is valued at $800 million". UNLEASH. 2022-03-02. Retrieved 2024-03-19.
  18. ^ קיבלתם ווטסאפ מהעבודה בערב, למה שלא תקבלו על זה כסף?, 2024, retrieved 19 March 2024
  19. ^ Connecteam's Trust Center: Reliable Data Security, 2024, retrieved 19 March 2024