TeamBridge: Empowering Hourly Workers with Self-Service HR

TeamBridge, a company founded by former Uber executives Arjun Vora and Tito Goldstein, is addressing the gap in HR software for managing hourly staff. The pair recognized that traditional HR software was not designed to handle the unique needs of hourly workers, who often lack the ability to perform basic self-service tasks like clocking in or changing payment accounts.

• Through extensive interviews with Uber drivers, Vora and Goldstein gained a deep understanding of the challenges faced by hourly workers.
• Their solution, TeamBridge, aims to provide a user-friendly platform that empowers hourly employees with self-service options, making it easier for them to manage their work lives.

Streamlining HR Processes with Automation

The platform combines automation and self-service tools to simplify HR tasks for both companies and hourly workers.

• TeamBridge offers templates and workflows for tasks like onboarding, time-off tracking, and shift management.
• The self-service app allows employees to view and claim shifts, sign legal documentation, and communicate with managers via text.
• This approach reduces administrative burden and improves efficiency for HR departments, enabling them to focus on more strategic initiatives.

Self-Service for Hourly Workers

TeamBridge's focus on self-service functionality addresses a crucial need for hourly workers who are often underserved by traditional HR software.

• By providing a dedicated platform for managing work-related tasks, TeamBridge empowers hourly workers with greater control and autonomy over their work lives.
• The self-service app simplifies tasks like accessing payroll information, managing time off, and communicating with supervisors, leading to improved employee satisfaction and engagement.

Addressing the Needs of the Gig Economy and Beyond

The rise of the gig economy has highlighted the need for adaptable HR solutions. TeamBridge's platform is designed to meet the needs of both gig workers and traditional hourly employees.

• Businesses are increasingly adopting flexible workforce models, and TeamBridge offers the tools necessary to manage a diverse and dynamic workforce.
• Its self-service features and automation capabilities provide a scalable and efficient way to manage a large pool of hourly workers, regardless of their employment status.

TeamBridge's Success and Growth

TeamBridge has achieved impressive traction since its launch, with over 100,000 hourly workers using the platform and a diverse client base including Convo and Dairy Queen.

• The company has experienced significant revenue growth, with revenue tripling in the year after its launch and more than doubling in the first half of 2024.
• This success reflects the strong demand for HR solutions that can manage the challenges of a modern workforce.

Funding and Future Plans

TeamBridge has secured $28 million in Series B funding, led by Mayfield and joined by General Catalyst and Abstract Ventures, bringing its total funding to $41.5 million.

• The company plans to invest the funds in product R&D and expanding its team, with a goal of doubling its current workforce of 42 employees over the next year.
• This investment will further fuel TeamBridge's growth and enhance its ability to deliver innovative solutions for managing hourly workers.

Conclusion: TeamBridge's Impact on HR Tech

TeamBridge's self-service approach to HR software for hourly workers is poised to revolutionize how businesses manage their workforce.

• By providing a user-friendly platform that empowers employees and simplifies HR processes, TeamBridge is addressing a critical need in the evolving HR landscape.
• The company's focus on automation and self-service functionality is a testament to its commitment to making HR more efficient and effective for both employers and employees.
• As TeamBridge continues to grow and innovate, it is well-positioned to become a leading player in the HR tech space.