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Connecteam

Connecteam

Employee management app for deskless workers

About

Connecteam provides an all-in-one mobile app designed for managing employees who work remotely or are not tied to a desk. This app includes features such as employee scheduling, GPS-enabled time tracking, task management, communication tools, and training modules, making it easier for businesses in various industries like manufacturing, construction, retail, and healthcare to manage their workforce. Unlike many competitors, Connecteam focuses specifically on mobile and deskless workers, offering a user-friendly and customizable platform that is affordable for businesses of all sizes. The company operates on a subscription model, allowing clients to pay based on the number of users and features they need. Connecteam's goal is to enhance productivity, improve communication, and streamline payroll processes for companies by providing a comprehensive solution for employee management.

Company Stage

Series C

Employees

201-500

Industries

Consumer Software, Enterprise Software

Total Funding

$162M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • The recent $120M Series C funding round and $800M+ valuation indicate strong investor confidence and potential for significant growth.
  • Connecteam's deployment by large organizations like Caremark showcases its scalability and effectiveness in managing extensive remote workforces.
  • The app's ability to improve communication and compliance can lead to higher employee satisfaction and reduced operational inefficiencies.

What critics are saying

  • The decision to offer a free tier for small businesses could lead to substantial revenue loss, impacting financial stability.
  • The competitive landscape for employee management software is intense, with numerous established players potentially overshadowing Connecteam.

What makes Connecteam unique

  • Connecteam's focus on mobile and deskless workers sets it apart from traditional employee management software that primarily targets office-based employees.
  • The app's comprehensive suite of tools, including GPS-based time tracking and customizable training modules, offers a unique value proposition for industries with remote and field workers.
  • Offering a free tier for small businesses up to 10 employees demonstrates Connecteam's commitment to supporting small enterprises, a move not commonly seen among competitors.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

13%

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