TeamBridge, one of the fastest-growing Workforce OS (workforce operating system) empowering hourly workforces, announced it has raised $28 million in a Series B round led by Mayfield. Existing investors General Catalyst and Abstract Ventures participated.
This new funding round will accelerate the product and AI roadmap, enhance client services, and continue to scale its enterprise-grade infrastructure.
For organizations that depend on their workforce, people are their product. And the way they manage that workforce is the difference between a highly successful team and a failing organization.
The software market for managing and empowering this essential sector is full of legacy players and ineffective solutions, and some companies still depend on pen and paper or spreadsheets for their unique processes.
TeamBridge’s workforce OS was built by former Uber product and design leaders to automate businesses’ unique processes while providing frontline staff with a self-service, Uber-like mobile experience. It provides the building blocks needed to build composable workflows and custom mobile apps, enabling businesses to win against competitors stuck with cookie-cutter tools.
TeamBridge’s approach unlocks organizations by offering them tools for building the software they want, automating repetitive work, instantly enforcing policies, and streamlining workflows for clients and employees with customizable self-service tools, all delivered in an elegant workforce app.
The company grew tremendously across various sectors since launching in late 2022. They saw over 4x growth in 2023 alone and have already 2x’d again in Q1 2024. Businesses are tapping into TeamBridge’s building blocks to create their own internal and client-facing operating systems to drive efficiency and growth—supporting over 300k+ employees on the platform.
TeamBridge, which was founded by former Uber product and design leaders Arjun Vora and Tito Goldstein, is transforming workforce management. Vora, who previously served as Uber’s Head of Driver Design, and Goldstein, formerly Uber’s Head of Product Design for Uber for Business, are joined by leads from Google, Airbnb, Meta, Notion, DoorDash, and Samsara. The team brings a wealth of experience in product development and design, aiming to transform how hourly workforces operate.
TeamBridge is looking to double the size of its team within the next year.
KEY QUOTES:
“Most tech companies are building for each other. We’re building technology for the forgotten demographic: the hourly workforce. That’s 60-70% of the world’s workforce. We’re bringing the technology revolution to those businesses — giving them a workforce OS to deploy their secret sauce at scale.”
-Arjun Vora, Co-Founder and Co-CEO of TeamBridge
“TeamBridge allows businesses to activate a tech-enabled workforce at a fraction of the cost and time it used to take. Our clients leverage a faster, more efficient, and more self-service toolkit to consolidate their markets and win business.”
-Tito Goldstein, Co-Founder and Co-CEO of TeamBridge
“TeamBridge is changing the way my team works. We used the TeamBridge OS to build our own app with our secret sauce embedded into it. I can now put my staff on revenue generating activities. In fact, we’ve reduced admin time by 60% since going live.”
-Nathan Halpern, CEO of Revv Staffing
“TeamBridge supercharges businesses with hourly workforces by providing them with the first composable operating system to create customizable workflows to manage and empower this important but neglected demographic of the economy. Businesses are able to optimize their bottom line, and front-line workers are offered more flexibility and income opportunities through TeamBridge’s software. We are thrilled to be leading TeamBridge’s Series B to partner with them to build the operating system of record for the hourly workforce.”
-Sri Pangulur, Partner at Mayfield
