A.Team, an Israeli startup that helps other companies with their hiring and the building of new teams, raised $55 million in a Series A financing round co-led by Tiger Global Management, Insight Partners, and Spruce Capital Partners. The company has now raised $60 million to date.
It’s not easy building a new team from scratch. No matter what field of work you are in the issues are always the same. Where do you find the right people, how do you know the person will be a good fit and how do you know that these people will be able to work well together as a team?
Founded in 2020 by Raphael Ouzan and Kobi Matsri, A.Team boasts that it has the world’s first on-demand team formation platform, enabling companies to use its Team Graph to form high-performing, expert tech teams, instantly. A.Team is powered by an invite-only network of more than 4800 builders, across product management, design, engineering, and data science, who left tech giants and rigid corporate structures to team up with their peers to work on problems that matter.
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A.Team is invite-only, yet has been growing at staggering speed deploying A.Teams for fast-growing startups, mid-market and public companies across industries.
To build the future of teams, we’ve teamed up with leading VC firms NFX, firstminute, Box Group and Village Global, joined by the the founders/execs from Fiverr, Upwork, Apple, YC and world-leading behavioral scientists Dan Ariely and Adam Grant.
“We saw that highly-skilled tech workers wanted to escape the rigid structures of full-time work, but the [traditional] gig economy wasn’t an answer for them, since it was so commoditizing and capped with simple, task-based work,” Raphael Ouzan told TechCrunch. “Then came the obvious insight: Solving problems that matter requires a team of diverse skill sets, background, and perspectives. Team is the core unit of work of the knowledge economy, and yet had never been productized in the world of online work.”