What is Teamable?
Headquartered in San Francisco with a strategic operational hub in Yerevan, Armenia, Teamable provides a sophisticated platform designed to optimize the recruitment lifecycle. By leveraging a crowdsourced referral model, the company enables organizations to tap into the professional networks of their existing employees, thereby enhancing recruiter productivity and significantly improving candidate quality. With a client base spanning dozens of industries across more than 40 countries, Teamable has established itself as a vital tool for companies aiming to reduce time-to-hire metrics while maintaining high standards for talent acquisition.
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 SaaStr, True Ventures, and Foundation Capital
Key Investors in Teamable
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.
True Ventures
True Ventures is a founder first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community to help build enduring technology and artificial intelligence driven companies.
SaaStr
SaaStr is a prominent community and investment fund focused on the B2B SaaS journey, providing capital and mentorship to help startups scale from early revenue stages to global market leadership.
What's next for Teamable?
With the infusion of $5M, Teamable is well-positioned to accelerate its product roadmap and expand its market reach. The company is expected to focus on deepening its integration capabilities within existing enterprise HR tech stacks, ensuring that its referral engine remains a seamless component of the broader talent management ecosystem. As the demand for data-driven hiring solutions continues to rise, Teamable's focus on improving hiring manager satisfaction and candidate quality will likely serve as a primary driver for its next phase of growth. The strategic backing from its investor syndicate provides not only the necessary liquidity for scaling operations but also the operational expertise required to navigate the complexities of the global SaaS market.
See full Teamable company page
