Connecteam Raises $120M for Deskless Workforce
Connecteam, a Tel Aviv, Israel-based provider of SaaS solutions for a company to empower, manage, and engage its deskless workforce, raised $120m in Series C funding. The round, which brought total funding to $160m, was co-led by Stripes, and Insight Partners, with participation from Tiger Global, Qumra Capital, and Eyal Ofer’s O.G. Tech.
Amir Nehemia, CEO and Co-Founder of Connecteam says, “Connecteam is for the new generation of managers – the ones who want to do things differently and have a happier, more engaged, and productive workforce.”
Connecteam helps companies of all sizes and across multiple industries — from small mom-and-pop shops to Fortune 500 firms in such industries as construction, security, healthcare, manufacturing, retail, hospitality and others — improve how they manage and engage their deskless workers. The company’s all-in-one app includes features for tracking time and attendance (including time off), communications, learning and training, employee recognition, and more.
The company intends to use the funds to scale its global operations, triple the size of its team, and expand both research and development and marketing to help businesses around the world manage and engage their deskless workers.
Announcement: Connecteam Raises $120M for Deskless Workforce