Fundz

Rising Team raised $8M in Series A funding led by Zeal Capital Partners

PRIVATEJun 06, 2024

Amount Raised

$8 Million

Round Type

Series A

Palo AltoSoftwareArtificial IntelligenceCorporate TrainingCollaboration

Investors

Supernode VenturesBurst CapitalFemale Founders FundRoble VenturesPeterson VenturesZeal Capital Partners

Description

Rising Team, based in Menlo Park, CA, closed an $8m Series A funding round led by Zeal Capital Partners and including previous investors such as Peterson Ventures, Roble Ventures, Female Founders Fund, Burst Capital, and Supernode Ventures. The funds will be used to enhance the team performance platform with AI, hire new team members, and expand market presence.

Who else raised in Corporate Training and Collaboration around the same time

Companies in the same sectors as Rising Team that raised within 45 days of this round, from Fundz verified event records.

  • Edit Cloud raised $2.6M (Funding Round) on July 18, 2024.
  • Thoughtful AI raised $20M (Series A) on July 18, 2024.
  • San Francisco Compute raised $12M (Seed) on July 17, 2024.
  • Briefly Bio raised $1.2M (Pre-Seed) on July 17, 2024.
  • Amity Solutions raised $60M (Series C) on July 17, 2024.
  • Shaped raised $8M (Series A) on July 17, 2024.

Who to call at Rising Team, and when

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Company Information

Company

Rising Team

Location

Palo Alto, California, United States

About

Rising Team is a Menlo Park, CA-based team performance platform provider. The company offers a team performance platform that enables companies to increase employee engagement and retention, scale talent development, and improve culture and connection. Their software equips managers with everything they need to run connecting and interactive team-building sessions, remotely or in-person, without needing an outside facilitator. Additionally, Rising Team will introduce aRTi, a conversational AI leadership coach that combines research-based leadership best practices.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Rising Team raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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