What is Teamable?
Headquartered in San Francisco with a strategic operational hub in Yerevan, Armenia, Teamable provides a sophisticated platform designed to revolutionize the recruitment process. By utilizing a crowdsourced referral engine, the company empowers organizations to tap into the professional networks of their existing employees, thereby significantly improving recruiter productivity and hiring manager satisfaction. The platform is engineered to address the complexities of modern talent acquisition, effectively reducing time-to-hire metrics while simultaneously elevating the quality of candidate pipelines. With a diverse customer base spanning more than 40 countries and dozens of industries, Teamable has established itself as a vital infrastructure component for enterprises aiming to maintain a competitive edge in the global war for talent.
How much funding has Teamable raised?
Teamable has raised a total of $10.3M across 2 funding rounds:
Series A
$5.3M
Unspecified
$5M
Series A (2017): $5.3M with participation from SaaStr and True Ventures
Unspecified (2018): $5M led by SaaStr, True Ventures, and Foundation Capital
Key Investors in Teamable
SaaStr
SaaStr is a prominent global community and venture fund focused exclusively on B2B SaaS startups, providing capital and mentorship to help founders scale from early stages to significant annual recurring revenue.
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, offering capital, guidance, and a supportive community to build enduring technology companies.
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational expertise.
What's next for Teamable?
Looking ahead, the infusion of $5M positions Teamable to accelerate its product roadmap and deepen its penetration into the enterprise software market. The company is expected to focus on enhancing its AI-driven matching algorithms and expanding its integration capabilities with existing human capital management systems. By prioritizing scalability and user experience, Teamable aims to further solidify its role as an indispensable partner for global HR teams. The strategic backing from its investor syndicate provides not only the necessary liquidity for aggressive growth but also access to a wealth of operational expertise, ensuring the company remains at the forefront of the recruitment technology sector as it navigates its next phase of development.
See full Teamable company page
