What is Teamable?
Teamable, headquartered in San Francisco with an additional office in Yerevan, Armenia, operates as a scalable referral platform designed to enhance recruiter productivity and hiring manager satisfaction. By leveraging a crowdsourced approach to talent acquisition, Teamable aims to accelerate the hiring process and improve the quality of candidates. The company serves a diverse clientele across dozens of industries in over 40 countries, demonstrating its global applicability and robust solution.
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 True Ventures and SaaStr
Unspecified (2018): $5M led by Foundation Capital, SaaStr, and True Ventures
Key Investors in Teamable
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital and guidance to help build enduring technology and AI-driven companies.
SaaStr
SaaStr is a prominent community and media platform focused on B2B SaaS startups, offering insights and investment opportunities for founders and investors in the software-as-a-service sector.
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 and strategic expertise.
What's next for Teamable?
With the recent infusion of capital, Teamable is poised for accelerated expansion and product development. The strategic investment suggests a focus on enhancing its core referral technology and potentially broadening its service offerings to address evolving talent acquisition challenges. The company's established presence across numerous industries and geographies positions it well to capitalize on this new phase of growth, likely focusing on deepening customer relationships and exploring new market opportunities. The enterprise-level backing indicates confidence in Teamable's business model and its capacity to scale effectively.
See full Teamable company page
