Venture Capital News: Rising Team Pulls In $8M Series A Round
2024-06-06
MENLO PARK, CA, Rising Team, the industry-leading team performance platform, today announces the completion of its Series A funding of $8 million.
The round was led by Zeal Capital Partners alongside previous investors including Peterson Ventures, Roble Ventures, Female Founders Fund, Burst Capital, and Supernode Ventures. This investment allows Rising Team to enhance its team performance platform with AI, hire new team members, and expand its market presence.
Rising Team provides the industry leading team performance platform. Its software enables companies to increase employee engagement and retention, scale talent development, and improve culture and connection. Covering all the leadership topics that drive high-performing teams, the software equips managers with everything they need to run deeply connecting, fun, and interactive team-building sessions, remotely or in-person, without needing an outside facilitator. Leading companies, including Bank of Hawaii, Yahoo!, DXC, Achieve, and many more, are using Rising Team to develop stronger managers and higher performing teams.
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