Connecteam

Connecteam

Employee management app for deskless workers

About Connecteam

Simplify's Rating
Why Connecteam is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

201-500

Company Stage

Series C

Total Funding

$165.5M

Headquarters

New York City, New York

Founded

2013

Overview

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 suitable for various industries like manufacturing, construction, retail, and healthcare. 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 needed. Connecteam's goal is to enhance productivity, improve communication, and streamline compliance with labor laws, ultimately making employee management more efficient for over 8,000 companies worldwide.

Simplify Jobs

Simplify's Take

What believers are saying

  • Connecteam raised $120M in Series C funding, boosting its growth potential.
  • The app is now free for small businesses, increasing its user base.
  • Connecteam's subscription model aligns with industry trends, offering upselling opportunities.

What critics are saying

  • Increased competition from startups could erode Connecteam's market share.
  • Offering the app for free may lead to significant revenue loss.
  • Economic instability might reduce companies' willingness to invest in new software.

What makes Connecteam unique

  • Connecteam offers a comprehensive mobile app for deskless and mobile workers.
  • The app includes features like scheduling, time tracking, and communication tools.
  • Connecteam's solution is customizable and affordable for businesses of all sizes.

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Funding

Total Funding

$165.5M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$120M
Connecteam

Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-2%
GlobeNewswire
Oct 23rd, 2024
Connecteam Launches Industry-First Help Desk for the Deskless Workforce

Connecteam launches industry-first Help Desk for the deskless workforce.

Business Wire
Nov 3rd, 2022
Caremark Deploys Connecteams All-In-One App To Manage 7,000 Remote Caregivers Across 115 Franchises

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Connecteam, which provides everything a company needs to manage and engage its deskless workforce, today announced that Caremark, a UK-based national homecare franchise provider, has deployed Connecteam’s all-in-one workforce management app to manage more than 7,000 remote caregivers across more than 115 franchise offices. According to Caremark CEO David Glover, Caremark needed a better way to engage its distributed workforce and improve communications among its franchise support center, administration staff, franchise owners, and its remote teams of 7,000 caregivers

Business Wire
Sep 20th, 2022
Connecteam Makes Its Powerful $4,000/Year Workforce Management App Free For Businesses Of Up To 10 Employees, Fueling Success For Small Businesses Worldwide

NEW YORK & TEL AVIV--(BUSINESS WIRE)--Connecteam, which provides everything a company needs to manage and engage its deskless workforce, today announced that it is making its powerful all-in-one app available for FREE for small businesses of up to 10 employees. By providing free access to its deskless workforce management app (estimated value: $4,000/year) the company is forgoing tens of millions of dollars in lost revenue. The bold move comes at a critical time for small businesses given current economic turbulence and rising prices due to inflation. In fact, many software companies catering to small businesses or deskless workers have recently raised their prices

Connecteam
Jul 6th, 2022
Connecteam, Inc. launches list of the best catering management systems

With all of these capabilities in mind, Connecteam, Inc. has compiled a list of the best catering management systems that will help you maximize your workforce.

Tech Demand
Mar 4th, 2022
Connecteam, Inc. received financing of $120M in Series C round of funding on Feb 2nd 22'.

Connecteam, all-in-one software that provides HR tools, communications services, and everyday operations management (e.g., scheduling, virtual time cards), has raised USD 120 million in the current round of funding.

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