HelloTeam, the all-in-one performance management and employee engagement platform, has received a $3.5 million seed round led by Boston-based Underscore VC, which was joined by Osage Venture Partners, Ventureforgood, and others.
“We’re in a disruptive shift from the traditional in-office workplace to a remote and hybrid-work model.” said Tanya Bakalov, CEO at HelloTeam. “Industry leaders like Facebook, Siemens, and Google, as well as countless smaller companies, are moving to a continued remote-work model. Inevitably, they face a common challenge: how to build a scalable, unified culture for decentralized teams. Having the technology to engage, align, and inspire their workforce, especially in the remote setting, is now a business necessity.”
The new round will be used to drive strategic product enhancements and communications tools to help its customers respond, recover and thrive during these challenging times.
Read more: HelloTeam Raises $3.5M in Seed Funding