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TeamBridge, founded by ex-Uber exec, raises $28M to build HR software for hourly workers

TechBrunchBy TechBrunchSeptember 16, 20243 Mins Read
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When Arjun Vora and Tito Goldstein worked on the corporate side of Uber, they noticed that HR software wasn't well-suited to managing hourly workers, many of whom didn't have a way to complete basic self-service tasks like clocking in or changing payment accounts.

After interviewing hundreds of Uber drivers, Vora, a former product designer at Salesforce, and Goldstein, a former design lead at Hyperloop, decided to build a platform tailored to their specifications.

“Companies are faced with the need to modernize their technology stack,” Vora said. “They need to find, activate and engage their workforce in a similar way to the gig economy companies that are luring them from talent.”

Vora and Goldstein's platform, TeamBridge, aims to automate certain HR tasks while providing a self-service app experience for hourly staff. On the backend, TeamBridge provides templates and workflows for things like onboarding and time off tracking, while the company-customizable app lets employees view and request shifts, sign required legal documents, and text managers.

Team BridgeTeamBridge's back-end interface, where companies can initiate various HR tasks such as onboarding. Image credit: TeamBridge

Customers subscribe to TeamBridge's core platform and can add certain self-service or workflow-driven features for an additional fee.

“We provide the 'Lego blocks' needed to build configurable HR workflows and custom mobile apps,” said Vora, CEO of TeamBridge.

Other vendors, including Wingspan, Kronos, Deputy and Homebase, are also eyeing the gig worker HR software market, but San Francisco-based TeamBridge has made impressive gains, with 100,000 hourly workers on its platform and corporate clients including Convo and Dairy Queen.

Revenue tripled last year (the year after TeamBridge launched) and is set to more than double again in the first half of 2024, according to Vora.

“In times of high demand, our customers are looking for ways to effectively scale their organizations,” says Vora. “In times of economic slowdown, our customers are looking for automation and efficiencies to reduce costs. TeamBridge helps us do both, so we're better positioned to meet the needs of the current market.”

Team BridgeTeamBridge mobile app. Image credit: TeamBridge

To prepare for its next phase of growth, TeamBridge closed a $28 million Series B funding round led by Mayfield with participation from General Catalyst and Abstract Ventures, bringing the startup's total funding to $41.5 million. Vora said the new funding will be used for product research and development and will double TeamBridge's 42-person team over the next 12 months.



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