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'''Connecteam''' is [[cloud-based]] [[workforce management]] company and a software of the same name developed in 2016.<ref>{{Cite web |title=Best Employee Scheduling Software of 2024 |url=https://www.investopedia.com/best-employee-scheduling-software-5081541 |access-date=2024-05-07 |website=Investopedia |language=en}}</ref> By [[2021]], the company raised $120 million in seed funding.<ref name="Calcalistech">{{Cite web |last=Orbach |first=Meir |date=Apr 28, 2021 |title=Connecteam raises $37 million to grow all-in-one app for deskless employees |url=https://www.calcalistech.com/ctech/articles/0,7340,L-3906551,00.html |website=Calcalistech}}</ref><ref name="TechCrunch">{{Cite web |last=Lunden |first=Ingrid |date=Mar 2, 2022| title=Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers | url=https://techcrunch.com/2022/03/02/connecteam-raises-120m-at-an-800m-valuation-for-its-all-in-one-communications-app-for-deskless-workers/ |website=TechCrunch | access-date=2024-05-07}}</ref>
'''Connecteam''' is a [[cloud-based]] [[workforce management]] company and a software of the same name developed in 2016.<ref>{{Cite news |date=2021-07-12 |title=#2 Connecteam: "We're here for the people who'll never use Monday.com" |url=https://en.globes.co.il/en/article-2-connecteam-were-here-for-the-people-wholl-never-use-mondaycom-1001393106 |access-date=2024-05-16 |work=Globes |language=en}}</ref><ref name="ctech-2022">{{Cite web |date=2022-03-02 |title=Connecteam raises $120 million for deskless workforce management platform |url=https://www.calcalistech.com/ctechnews/article/hk3a00j6x9 |access-date=2024-05-16 |website=ctech |language=en}}</ref> By [[2021]], the company raised $120 million in seed funding.<ref name="Orbach-2021">{{Cite web |last=Orbach |first=Meir |date=April 28, 2021 |title=Connecteam raises $37 million to grow all-in-one app for deskless employees |url=https://www.calcalistech.com/ctech/articles/0,7340,L-3906551,00.html |website=Calcalistech}}</ref><ref name="TechCrunch">{{Cite web |last1=Lunden |first1=Ingrid |date=March 2, 2022| title=Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers | url=https://techcrunch.com/2022/03/02/connecteam-raises-120m-at-an-800m-valuation-for-its-all-in-one-communications-app-for-deskless-workers/ |website=TechCrunch | access-date=2024-05-07}}</ref><ref name="ctech-2022" /> As of 2022, it had 20000 companies connected to the app and over 1 mln users.<ref>{{Cite web |date=2022-05-04 |title=The 50 most promising Israeli startups - 2022 |url=https://www.calcalistech.com/ctechnews/article/sk00nnz1i5 |access-date=2024-05-16 |website=ctech |language=en}}</ref>

VentureBeat described Connecteam as a competitor in the workforce management space, alongside Skedulo and WorkJam, and enterprise giant [[Workday, Inc.|Workday]].<ref>{{Cite web |last=Sawers |first=Paul |date=2022-03-02 |title=Deskless workforce management platform Connecteam raises $120M |url=https://venturebeat.com/business/deskless-workforce-management-platform-connecteam-raises-120m/ |access-date=2024-05-16 |website=VentureBeat |language=en-US}}</ref>


== Overview ==
== Overview ==
Connecteam, named after its employee management software<ref>{{Cite web |title=Pricing |url=https://connecteam.com/pricing/ |access-date=2024-05-07 |website=Connecteam |language=en-US}}</ref> mainly targets businesses with a majority of [[blue-collar worker]]s. It is used for employee management,<ref>{{Cite web |title=Timeero - We Tested Connecteam: Here Is Our Unfiltered Review - Timeero |url=https://timeero.com/reviews/connecteam-review |access-date=2024-05-07 |website=timeero.com}}</ref><ref>{{Cite web |last=John |first=Steven |date=Nov 21, 2023 |title=Best Employee Training Software of 2024 |url=https://www.usnews.com/360-reviews/business/best-employee-training-software |access-date=2024-05-07 |website=U.S. News & World Report}}</ref> communication<ref>{{Cite web |title=Connecteam Honest Review by a Competitor {{!}} 2024 |url=https://www.jibble.io/reviews/connecteam |access-date=2024-05-07 |website=Jibble |language=en-US}}</ref> and human resource management.<ref>{{Cite web |last=Rice |first=David |date=Dec 7, 2023 |title=Connecteam: HR Software In-Depth Review |url=https://peoplemanagingpeople.com/tools/connecteam-review/ |access-date=2024-05-07}}</ref><ref>{{Cite web |title=Connecteam Review (2024): Features, Pros & Cons – Forbes Advisor |url=https://www.forbes.com/advisor/business/connecteam-review/ |access-date=2024-05-07 |website=www.forbes.com}}</ref><ref>{{Cite web |last=Que |first=Genevieve |date=2023-04-03 |title=Connecteam Review: Pricing, Deciding Factors & Alternatives |url=https://fitsmallbusiness.com/connecteam-review/ |access-date=2024-05-07 |website=Fit Small Business |language=en-US}}</ref>
Connecteam, named after its employee management software<ref>{{Cite web |title=Pricing |url=https://connecteam.com/pricing/ |access-date=2024-05-07 |website=Connecteam |language=en-US}}</ref> mainly targets businesses with a majority of [[blue-collar worker]]s. It is used for employee management,<ref>{{Cite web |title=Timeero - We Tested Connecteam: Here Is Our Unfiltered Review - Timeero |url=https://timeero.com/reviews/connecteam-review |access-date=2024-05-07 |website=timeero.com}}</ref><ref>{{Cite web |last=John |first=Steven |date=Nov 21, 2023 |title=Best Employee Training Software of 2024 |url=https://www.usnews.com/360-reviews/business/best-employee-training-software |access-date=2024-05-07 |website=U.S. News & World Report}}</ref> communication<ref>{{Cite web |title=Connecteam Honest Review by a Competitor {{!}} 2024 |url=https://www.jibble.io/reviews/connecteam |access-date=2024-05-07 |website=Jibble |language=en-US}}</ref> and human resource management.<ref>{{Cite web |last=Rice |first=David |date=Dec 7, 2023 |title=Connecteam: HR Software In-Depth Review |url=https://peoplemanagingpeople.com/tools/connecteam-review/ |access-date=2024-05-07}}</ref><ref name="forbes-2024">{{Cite web |title=Connecteam Review (2024): Features, Pros & Cons – Forbes Advisor |url=https://www.forbes.com/advisor/business/connecteam-review/ |access-date=2024-05-07 |website=www.forbes.com}}</ref><ref>{{Cite web |last=Que |first=Genevieve |date=2023-04-03 |title=Connecteam Review: Pricing, Deciding Factors & Alternatives |url=https://fitsmallbusiness.com/connecteam-review/ |access-date=2024-05-07 |website=Fit Small Business |language=en-US}}</ref>


== History ==
== History ==
Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel.<ref>{{Cite web |last=Stoller |first=Kristin |date=Apr 28, 2021 |title=Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers |url=https://www.forbes.com/sites/kristinstoller/2021/04/28/startup-connecteam-raises-37-million-to-help-employers-remotely-manage-deskless-workers/?sh=157698435667 |website=Forbes}}</ref>
Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel as a tool for deskless employees.<ref>{{Cite web |last=Stoller |first=Kristin |date=Apr 28, 2021 |title=Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers |url=https://www.forbes.com/sites/kristinstoller/2021/04/28/startup-connecteam-raises-37-million-to-help-employers-remotely-manage-deskless-workers/?sh=157698435667 |website=Forbes}}</ref> The company's first investors per Calcalist were WIX founders, who also helped to found cloud-based project management software [[Monday.com]].<ref name="calcalist-2016">{{Cite web |last=קאהאן |first=רפאל |date=2016-08-15 |title=Connecteam משיקה מחולל אפליקציות מובייל לארגונים |url=https://www.calcalist.co.il/internet/articles/0,7340,L-3695691,00.html |access-date=2024-05-16 |website=כלכליסט - www.calcalist.co.il}}</ref> The first product was a SaaS platform for businesses of any size to quickly launch an internal app for communicationg with employees without technical support.<ref name="calcalist-2016" />

⚫
In April 2021, the company raised $37 million in a Series B funding round,<ref name="Orbach-2021" /> led by [[Insight Partners]], O.G. Tech, and [[Wix.com]]'s leadership team.<ref>{{Cite news | date=Apr 29, 2021 | title=Employee management app Connecteam raises $37m | newspaper=Globes | url=https://en.globes.co.il/en/article-employee-management-app-connecteam-raises-37m-1001369247 | access-date=2024-05-07}}</ref><ref name="ctech-2022" /><ref>{{Cite web |last=Stoller |first=Kristin |title=Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers |url=https://www.forbes.com/sites/kristinstoller/2021/04/28/startup-connecteam-raises-37-million-to-help-employers-remotely-manage-deskless-workers/ |access-date=2024-05-07 |website=Forbes |language=en}}</ref>

⚫
That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper [[Globes (newspaper)|Globes]]. The COVID-19 pandemic significantly helped Connecteam's growth as the app allowed businesses to ensure that all employees, including those without corporate emails or computers, received crucial updates and etc.<ref>{{Cite news|title=יש עובדים שבחיים לא יעבדו עם מאנדיי. אנחנו כאן בשבילם |trans-title=Some employees will never work with Monday. We are here for them|date=2021 |url=http://www.globes.co.il/news/home.aspx?fid=13895 |access-date=2024-05-07|newspaper=[[Globes (newspaper)|Globes]] |language=he}}</ref>

⚫
In February 2022, the company raised $120 million in a Series C funding round, co-led by [[Stripes (growth equity firm)|Stripes]] and Insight Partners.<ref name="TechCrunch" /><ref name="unleash.ai">{{Cite web |date=2022-03-02 |title=Connecteam is valued at $800 million |url=https://www.unleash.ai/hr-technology/connecteam-is-valued-at-800-million/ |access-date=2024-05-07 |website=UNLEASH |language=en-US}}</ref> Additionally, investors decided to purchase $40 million worth of shares from employees and early investors.<ref name="ctech-2022"/> Investment firms [[Tiger Global Management|Tiger Global]], Qumra Capital, and O.G. Tech also participated in the funding round,<ref name="TechCrunch" /> bringing the total funding to $160 million<ref>{{Cite news |last=Hennessey |first=Zachy |date=Mar 6, 2022 |title=Worker management tool Connecteam closes Series C funding for $160m |url=https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-700480 |newspaper=[[Jerusalem Post]] |access-date=2024-05-07}}</ref> at a valuation of $800 million.<ref>{{Cite news |last=Gilead |first=Assaf |date=Mar 2, 2022 |title=Remote team app Connecteam raises $120m |url=https://en.globes.co.il/en/article-remote-team-management-co-connecteam-raises-120m-1001404163 |access-date=2024-05-07 |newspaper=Globes}}</ref><ref name="unleash.ai" />

⚫
As of 2023, the company reported it reached 500,000 users in 36,000 companies worldwide.<ref name="ctech-2022"/><ref>{{Cite news |title=קיבלתם ווטסאפ מהעבודה בערב, למה שלא תקבלו על זה כסף? |trans-title=You received a WhatsApp from work in the evening, why not get paid for it? |language=he |date=2024 |url=http://finance.walla.co.il/item/3582338 |website=Walla |access-date=2024-05-07}}</ref>


== Reviews ==
⚫
In April 2021, the company raised $37 million in a Series B funding round,<ref name="Calcalistech" /> led by [[Insight Partners]], O.G. Tech, and [[Wix.com]]’s leadership team.<ref>{{Cite news | date=Apr 29, 2021 | title=Employee management app Connecteam raises $37m | newspaper=Globes | url=https://en.globes.co.il/en/article-employee-management-app-connecteam-raises-37m-1001369247 | access-date=2024-05-07}}</ref><ref name=":02">{{Cite web |date=2022-03-02 |title=Connecteam raises $120 million for deskless workforce management platform |url=https://www.calcalistech.com/ctechnews/article/hk3a00j6x9 |access-date=2024-05-07 |website=ctech |language=en}}</ref><ref>{{Cite web |last=Stoller |first=Kristin |title=Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers |url=https://www.forbes.com/sites/kristinstoller/2021/04/28/startup-connecteam-raises-37-million-to-help-employers-remotely-manage-deskless-workers/ |access-date=2024-05-07 |website=Forbes |language=en}}</ref>
[[Business.com]] rated Connecteam 9.5 out of 10, calling it the best app for frontline workers. However, its pricing may be too expensive for small businesses with 11 to 30 employees.<ref>{{Cite web |title=The Best Time and Attendance Reviews of 2024 |url=https://www.business.com/categories/time-and-attendance-software/ |access-date=2024-05-17 |website=business.com |language=en}}</ref>


[[U.S. News & World Report]] reviewed it as a robust platform for managing deskless workers and remote teams, highlighting its effective communication tools. Cons: time-consuming setup and no video chat.<ref>{{Cite web |title=Best HR Software of 2024 |url=https://www.usnews.com/360-reviews/business/best-hr-software |website=US News}}</ref>
⚫
That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper [[Globes (newspaper)|Globes]].<ref>{{Citation | year=2021 | title=יש עובדים שבחיים לא יעבדו עם מאנדיי. אנחנו כאן בשבילם | url=http://www.globes.co.il/news/home.aspx?fid=13895 | access-date=2024-05-07}}</ref>


[[Forbes]] rated Connecteam 4.4 out of 5, praising it for its easy-to-use employee management, communication, and collaboration features. Pros include a free plan for up to 10 users, an all-in-one interface, and responsive customer service. Cons involve the need for upgrades to access more features, higher costs for smaller teams, and occasional app lag.<ref name="forbes-2024" />
⚫
In February 2022, the company raised $120 million in a Series C funding round, co-led by [[Stripes (growth equity firm)|Stripes]] and Insight Partners.<ref name="TechCrunch2">{{Cite web |last=Lunden |first=Ingrid |date=Mar 2, 2022 |title=Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers |url=https://techcrunch.com/2022/03/02/connecteam-raises-120m-at-an-800m-valuation-for-its-all-in-one-communications-app-for-deskless-workers/ |access-date=2024-05-07 |website=TechCrunch}}</ref><ref name="unleash.ai">{{Cite web |date=2022-03-02 |title=Connecteam is valued at $800 million |url=https://www.unleash.ai/hr-technology/connecteam-is-valued-at-800-million/ |access-date=2024-05-07 |website=UNLEASH |language=en-US}}</ref> Investment firms [[Tiger Global Management|Tiger Global]], Qumra Capital, and O.G. Tech also participated in the funding round,<ref name="TechCrunch2" /> bringing the total funding to $160 million<ref>{{Cite web |last=Hennessey |first=Zachy |date=Mar 6, 2022 |title=Worker management tool Connecteam closes Series C funding for $160m |url=https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-700480 |access-date=2024-05-07}}</ref> at a valuation of $800 million.<ref>{{Cite news |last=Gilead |first=Assaf |date=Mar 2, 2022 |title=Remote team app Connecteam raises $120m |url=https://en.globes.co.il/en/article-remote-team-management-co-connecteam-raises-120m-1001404163 |access-date=2024-05-07 |newspaper=Globes}}</ref><ref name="unleash.ai"/>


[[TechRadar]] reviewed Connecteam, noting its usage in remote employee communication with social media-style updates, task management, and time tracking. Among cons were lacking of payroll management.<ref>{{Cite web |last= Chowdhary |first=Krishi |date=2023-10-05 |title=Best employee management software of 2024 |url=https://www.techradar.com/pro/best-employee-management-software-of-year |access-date=2024-05-17 |website=TechRadar |language=en}}</ref>
⚫
As of 2023, the company reported it reached 500,000 users in 36,000 companies worldwide.<ref name=":02"/><ref>{{Citation |title=קיבלתם ווטסאפ מהעבודה בערב, למה שלא תקבלו על זה כסף? |year=2024 |url=http://finance.walla.co.il/item/3582338 |access-date=2024-05-07}}</ref>


== References ==
== References ==

Latest revision as of 10:15, 3 June 2024

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)
Websiteconnecteam.com

Connecteam is a cloud-based workforce management company and a software of the same name developed in 2016.[1][2] By 2021, the company raised $120 million in seed funding.[3][4][2] As of 2022, it had 20000 companies connected to the app and over 1 mln users.[5]

VentureBeat described Connecteam as a competitor in the workforce management space, alongside Skedulo and WorkJam, and enterprise giant Workday.[6]

Overview[edit]

Connecteam, named after its employee management software[7] mainly targets businesses with a majority of blue-collar workers. It is used for employee management,[8][9] communication[10] and human resource management.[11][12][13]

History[edit]

Connecteam was founded in 2016 by Amir Nehemia, Daniel Nuriel, and Yonatan Nuriel as a tool for deskless employees.[14] The company's first investors per Calcalist were WIX founders, who also helped to found cloud-based project management software Monday.com.[15] The first product was a SaaS platform for businesses of any size to quickly launch an internal app for communicationg with employees without technical support.[15]

In April 2021, the company raised $37 million in a Series B funding round,[3] led by Insight Partners, O.G. Tech, and Wix.com's leadership team.[16][2][17]

That same year, Connecteam was chosen as the second-most promising Israeli startup by Hebrew-language daily evening financial newspaper Globes. The COVID-19 pandemic significantly helped Connecteam's growth as the app allowed businesses to ensure that all employees, including those without corporate emails or computers, received crucial updates and etc.[18]

In February 2022, the company raised $120 million in a Series C funding round, co-led by Stripes and Insight Partners.[4][19] Additionally, investors decided to purchase $40 million worth of shares from employees and early investors.[2] Investment firms Tiger Global, Qumra Capital, and O.G. Tech also participated in the funding round,[4] bringing the total funding to $160 million[20] at a valuation of $800 million.[21][19]

As of 2023, the company reported it reached 500,000 users in 36,000 companies worldwide.[2][22]

Reviews[edit]

Business.com rated Connecteam 9.5 out of 10, calling it the best app for frontline workers. However, its pricing may be too expensive for small businesses with 11 to 30 employees.[23]

U.S. News & World Report reviewed it as a robust platform for managing deskless workers and remote teams, highlighting its effective communication tools. Cons: time-consuming setup and no video chat.[24]

Forbes rated Connecteam 4.4 out of 5, praising it for its easy-to-use employee management, communication, and collaboration features. Pros include a free plan for up to 10 users, an all-in-one interface, and responsive customer service. Cons involve the need for upgrades to access more features, higher costs for smaller teams, and occasional app lag.[12]

TechRadar reviewed Connecteam, noting its usage in remote employee communication with social media-style updates, task management, and time tracking. Among cons were lacking of payroll management.[25]

References[edit]

  1. ^ "#2 Connecteam: "We're here for the people who'll never use Monday.com"". Globes. 2021-07-12. Retrieved 2024-05-16.
  2. ^ a b c d e "Connecteam raises $120 million for deskless workforce management platform". ctech. 2022-03-02. Retrieved 2024-05-16.
  3. ^ a b Orbach, Meir (April 28, 2021). "Connecteam raises $37 million to grow all-in-one app for deskless employees". Calcalistech.
  4. ^ a b c Lunden, Ingrid (March 2, 2022). "Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers". TechCrunch. Retrieved 2024-05-07.
  5. ^ "The 50 most promising Israeli startups - 2022". ctech. 2022-05-04. Retrieved 2024-05-16.
  6. ^ Sawers, Paul (2022-03-02). "Deskless workforce management platform Connecteam raises $120M". VentureBeat. Retrieved 2024-05-16.
  7. ^ "Pricing". Connecteam. Retrieved 2024-05-07.
  8. ^ "Timeero - We Tested Connecteam: Here Is Our Unfiltered Review - Timeero". timeero.com. Retrieved 2024-05-07.
  9. ^ John, Steven (Nov 21, 2023). "Best Employee Training Software of 2024". U.S. News & World Report. Retrieved 2024-05-07.
  10. ^ "Connecteam Honest Review by a Competitor | 2024". Jibble. Retrieved 2024-05-07.
  11. ^ Rice, David (Dec 7, 2023). "Connecteam: HR Software In-Depth Review". Retrieved 2024-05-07.
  12. ^ a b "Connecteam Review (2024): Features, Pros & Cons – Forbes Advisor". www.forbes.com. Retrieved 2024-05-07.
  13. ^ Que, Genevieve (2023-04-03). "Connecteam Review: Pricing, Deciding Factors & Alternatives". Fit Small Business. Retrieved 2024-05-07.
  14. ^ Stoller, Kristin (Apr 28, 2021). "Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers". Forbes.
  15. ^ a b קאהאן, רפאל (2016-08-15). "Connecteam משיקה מחולל אפליקציות מובייל לארגונים". כלכליסט - www.calcalist.co.il. Retrieved 2024-05-16.
  16. ^ "Employee management app Connecteam raises $37m". Globes. Apr 29, 2021. Retrieved 2024-05-07.
  17. ^ Stoller, Kristin. "Startup Connecteam Raises $37 Million To Help Employers Remotely Manage Deskless Workers". Forbes. Retrieved 2024-05-07.
  18. ^ "יש עובדים שבחיים לא יעבדו עם מאנדיי. אנחנו כאן בשבילם" [Some employees will never work with Monday. We are here for them]. Globes (in Hebrew). 2021. Retrieved 2024-05-07.
  19. ^ a b "Connecteam is valued at $800 million". UNLEASH. 2022-03-02. Retrieved 2024-05-07.
  20. ^ Hennessey, Zachy (Mar 6, 2022). "Worker management tool Connecteam closes Series C funding for $160m". Jerusalem Post. Retrieved 2024-05-07.
  21. ^ Gilead, Assaf (Mar 2, 2022). "Remote team app Connecteam raises $120m". Globes. Retrieved 2024-05-07.
  22. ^ "קיבלתם ווטסאפ מהעבודה בערב, למה שלא תקבלו על זה כסף?" [You received a WhatsApp from work in the evening, why not get paid for it?]. Walla (in Hebrew). 2024. Retrieved 2024-05-07.
  23. ^ "The Best Time and Attendance Reviews of 2024". business.com. Retrieved 2024-05-17.
  24. ^ "Best HR Software of 2024". US News.
  25. ^ Chowdhary, Krishi (2023-10-05). "Best employee management software of 2024". TechRadar. Retrieved 2024-05-17.
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