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Connecteam is an Israel-based software company that provides an all-in-one employee management application designed specifically for deskless workers in industries such as retail, construction, and food service. The subscription-based platform consolidates scheduling, time tracking, task management, and internal communications into a single interface tailored for non-desk enterprise workforces. The enterprise software provider recently secured $120 million in Series C financing, bringing its valuation to $800 million following a period of 400 percent year-over-year revenue growth. This funding round was co-led by Stripes and Insight Partners, with additional participation from Tiger Global Management and Qumra Capital. To support its expanding customer base, the organization increased its workforce by 500 percent to reach 175 employees, with plans to eventually reach 350 total staff members. Connecteam was founded in 2013 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel.
Connecteam has raised $157.0M across 2 funding rounds.
Connecteam has raised $157.0M in total across 2 funding rounds.
Connecteam has raised $157.0M across 2 funding rounds. Most recently, it raised $120.0M Series C in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $120M Series C | Insight Partners, Saagar Kulkarni | BAM Ventures, CRV, Cubit Investments LTD, Floodgate, Mucker Capital, Next47, NFX, O.g. Tech Partners, TAU Ventures, Telescope Partners, TenOneTen Ventures, Viola Ventures, Aaron Rosenson, Alex Kayyal, Eytan Elbaz, Shmuel Harlap, ZIV KOP, Eyal Ofer, Qumra Capital, Tiger Global | Announced |
| Apr 1, 2021 | $37M Series B | Insight Partners, Avishai Abrahami, O.G. Tech | Asymmetric Capital Partners, Battery Ventures, Cubit Investments LTD, Franklin Templeton Investments, Kearny Jackson, NewView Capital, Next47, NFX, Norwest Venture Partners, O.g. Tech Partners, Sequoia Capital, TAU Ventures, Viola Ventures, Wing Venture Capital, Aaron Rosenson, Alex Kayyal, Giora Kaplan, Shlomo Kramer, Shmuel Harlap, ZIV KOP | Announced |
Connecteam has raised $157.0M in total across 2 funding rounds.
Connecteam's investors include Insight Partners, Saagar Kulkarni, Bam Ventures, CRV, Cubit Investments Ltd, Floodgate, Mucker Capital, Next47, NFX, O.G. Tech Partners, Tau Ventures, Telescope Partners.
Connecteam is an all-in-one employee management platform designed for deskless and frontline workforces, offering mobile-first tools for communication, operations, and engagement.[1][2][3][5] It serves industries like retail, field services, manufacturing, hospitality, cleaning, security, healthcare, and transportation, solving challenges such as inefficient communication, scheduling, time tracking, and paperwork for non-desk workers by consolidating them into a single app.[1][3][7][8] With features like real-time messaging, task management, digital forms, payroll processing, and AI-powered tools, Connecteam streamlines daily operations, reduces costs, and improves employee experience for businesses from small shops to enterprises, boasting high user ratings and proven ROI like 50% training time cuts and 98% complaint reductions.[3][4][6][8]
Connecteam was founded in early 2016 by CEO Amir Nehemia, sparked by a conversation with a global retail chain manager who highlighted gaps in employee training and real-time workforce visibility for deskless teams.[3] This insight into the struggles of managing frontline workers—nearly 3 billion globally handling hands-on tasks like fixing doors or managing stores—led to the development of a unified mobile solution replacing fragmented apps and paper processes.[3][5] Early traction came from addressing these pain points, evolving into a platform used by hundreds of thousands worldwide, with NYC offices and a mission to empower managers across business sizes.[4]
Connecteam rides the rise of deskless workforce management, targeting the 80% of global workers in frontline roles amid labor shortages, remote coordination needs, and digital transformation post-pandemic.[5][7] Timing aligns with AI democratization for operations, enabling small-to-mid businesses to compete with enterprises via affordable, pocket-ready tools that cut inefficiencies like payroll errors and training delays.[6][8][9] Market forces like mobile proliferation and demand for operational ROI favor it, as seen in sectors like retail and field services shifting from pen-and-paper; Connecteam influences the ecosystem by standardizing mobile ops hubs, fostering better employee retention through engagement, and accelerating industry-wide adoption of AI for real-world jobs.[1][3][8]
Connecteam is poised for accelerated growth by deepening AI integrations that automate more workflows, expanding into untapped frontline verticals, and leveraging its 4.7-star app ratings for viral adoption among SMBs.[6][8] Trends like AI ubiquity, hybrid work persistence, and cost pressures will amplify its value, potentially evolving it into the default ops backbone for deskless teams globally. As it scales from its 2016 roots, expect enhanced enterprise features and partnerships, solidifying its role in empowering managers to focus on growth over grunt work—transforming hard work into smarter, connected operations.
