Rising Team Secures $8 Million in Series A Funding to Revolutionize Team Performance

June 16, 2024, 9:31 pm
Rising Team
Rising Team
BusinessContentDataDevelopmentEmployeeFastServiceTalentToolsTraining
Location: United States, California, Palo Alto
Employees: 11-50
Founded date: 2020
Total raised: $11M
Rising Team, a Menlo Park-based team performance platform provider, recently closed an impressive $8 million Series A funding round. Led by Zeal Capital Partners and supported by previous investors like Peterson Ventures, Roble Ventures, Female Founders Fund, Burst Capital, and Supernode Ventures, this funding will propel Rising Team to new heights. With a focus on enhancing their team performance platform with cutting-edge AI technology, expanding their team, and increasing their market presence, Rising Team is set to revolutionize the way companies approach team building and employee engagement.

Under the leadership of CEO and Founder Jennifer Dulski, Rising Team offers a unique software solution that empowers companies to boost employee engagement, foster talent development, and strengthen team culture and connections. By providing managers with the tools they need to facilitate engaging and interactive team-building sessions, whether in-person or remotely, Rising Team is changing the game for high-performing teams.

Major companies like Bank of Hawaii, Yahoo!, DXC, and Achieve have already embraced Rising Team's platform to develop their managers and elevate team performance. This summer, Rising Team will introduce aRTi, a conversational AI leadership coach that combines research-based best practices with individualized insights gathered from Rising Team sessions. With personalized recommendations and scripts, aRTi will help managers and their teams deliver effective feedback, cater to working style preferences, show appreciation, and more.

Rising Team's impact is undeniable, with customers reporting significant improvements in employee engagement, psychological safety, eNPS scores, and manager effectiveness after utilizing the platform. By empowering leaders at all levels to enhance team effectiveness and build trust and connection, Rising Team is paving the way for a new era of team performance.

As Founder & CEO Jennifer Dulski aptly puts it, "We're thrilled to have support from Zeal Capital as we enhance our platform so managers at every level can increase engagement, connection, and performance on their teams." With a strong commitment to empowering businesses and driving growth, Rising Team is poised for continued success in the competitive landscape of team performance software.